Saturday, April 20, 2024

Author Name

Ashenafi Endale

Total Articles by the Author


Ermias, Alibaba anticipate e-commerce Company to be online in six months

A game-changing e-commerce company is slated to join Ethiopia’s digital economy within the next six months. The e-commerce company, which is nearing implementation, is birthed from the partnership between Alibaba, china’s e-commerce giant, and Ermias Amelga, an Ethiopian business magnate with immense experience in banking, technology and real estate, among others.

The cost of Christmas

When Melkam Aschalew, a lawyer based in Addis Ababa, sent 8,000birr to his family in Bekoji, 222 kilometers south-east of the capital, he calculated the cost of the holiday based on prices in AddisAbaba.

New strategy urges Cities cover 70% of their Expenses

‘Cities Finance Strategy’, a new document tabled to the Ministry of Finance, mandates cities and towns to cover at least 70 percent of their capital and recurrent expenditures from internal revenues.

Eight New Abattoirs near completion amidst meager livestock supply

Eight new export slaughterhouses finalized more than 50 percent of their construction, with two of them already requesting operation permits, while others acquire machineries. Each of the slaughter houses have been constructed at a minimum investment cost of 200 million birr.

Draft policy leaves private aviators wanting more

Ethiopia’s first of its kind aviation policy, finalized nine years after it was initiated by the Ethiopian Aviation Authority, was criticized for failing to address most of the lingering issues regarding private aviation operators in Ethiopia.

Liquidity crunch resurfaces in an ailing economy

Tamiru Tadesse is a hard-working and fast growing coffee exporter. He usually sources the beans from farmers in Sidama Region. His success is attributable to efficiently using bank loans to buy as much red berries as possible during the coffee harvest season that began in November and continues to April.

Revisiting customs valuation system

Behailu Bedasa is a senior expert at theEthiopian Customs Commission’s (ECC) Customs Valuation and Development directorate. With eleven years of experience, Behailu is leading Ethiopia’s customs valuation reform and restructuring introduced since 2019.

Coal washing business lands eye watering 6bln birr in new investment

Eight local investors, picked by the Ministry of Mines, cashed-in six billion birr to plant coal washing factories. The investors were chosen out of twelve competing for the coal washing factories, a fresh business in Ethiopia. The investors expect to return their investment within three years.

Ethio-Turkish alliance: Davids against Goliath

If Lij Iyasu’s fraternity with the Ottoman Empire in fending-off Europeans from the Red Sea area had succeeded, the course of history could have been otherwise, both for Ethiopia and the outcomes of WWI. Britain bet on the then Ras Tafari and outmaneuvered Lij Iyasu, whom the church accused of converting into Islam.

“The existing education system failed to create a generation that accepts diversity”

Zafu Abraha is director of the Education Curriculum Preparation and Implementation directorate at the Ministry of Education. She is leading a taskforce that is crafting a new education curriculum, completely replacing the existing curriculum that has been in place for over 25 years.