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OFFICIALS APPOINTED BY PM TO VARIOUS FEDERAL AGENCIES Officials Appointed By PM to Various Federal Agencies. Prime Minister Abiy Ahmed (PhD) has appointed the following officials to various federal agencies. 1. Degfe Bula: Director General of Justice Legal System Research & Training Institute with the Rank of a Minister; 2. Fekadu Tessema: Coordinator for Democratic System BuildingCoordination
NEW BUILDING CODE UNDER CONSTRUCTION The new code, or Euro-Code, takes into consideration earthquake and wind effects, which in turn require new designing codes, the use of more re-bars in construction and bigger structural frameworks in buildings, Yoseph explained. “Blocs are heavy and must be supported by a strong structure,” he explained. “It is going to be extremely ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
UBUNTU IN AFRICAN DEVELOPMENT Ubuntu in African Development. Africa is uniquely poised to exploit a demographic dividend, arising from a huge component of youth in its population. This is in stark contrast to ageing economies in Asia, Europe and the Americas, particularly in Europe and Northeast Asia, and to a lesser extent in the US. Indeed, South Asia and Africa havebeen
MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. ADAMA’S WATER TREATMENT PLANT GETS UPGRADED, OPTIMIZED Oromia National Regional State invests 287 million Br for the upgrade and optimization of water treatment plant of Adama City, which was facing 9,000 cubic meter supply deficit in a daily basis. The Oromia Water, Mineral & Energy Bureau (OWM&EB) signed an agreement with twocompanies.
SECRETS BEHIND ETHIOPIA’S RISE Secrets behind Ethiopia’s Rise. Ethiopia has achieved a great deal of socio-economic success through state-led development: A development system seemingly shaped after the South Korean model of economic miracle. In its Markets report in November 2014, the top-rated Washington DC financial services firm, The Motley Fool, published ananalytic
THE IMPACT OF IFRS ON INCOME TAX ADMINISTRATION The Impact of IFRS on Income Tax Administration. While the trend and the proclamation are calling for regulators to keep updating themselves to the ever changing financial reporting and prepare the tax environment for a smooth transition to International Financial Reporting Standards (IFRS), many companies and the Ethiopian Revenues & Customs Authority (ERCA) are still comfortable in using the MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
OFFICIALS APPOINTED BY PM TO VARIOUS FEDERAL AGENCIES Officials Appointed By PM to Various Federal Agencies. Prime Minister Abiy Ahmed (PhD) has appointed the following officials to various federal agencies. 1. Degfe Bula: Director General of Justice Legal System Research & Training Institute with the Rank of a Minister; 2. Fekadu Tessema: Coordinator for Democratic System BuildingCoordination
NEW BUILDING CODE UNDER CONSTRUCTION The new code, or Euro-Code, takes into consideration earthquake and wind effects, which in turn require new designing codes, the use of more re-bars in construction and bigger structural frameworks in buildings, Yoseph explained. “Blocs are heavy and must be supported by a strong structure,” he explained. “It is going to be extremely ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
UBUNTU IN AFRICAN DEVELOPMENT Ubuntu in African Development. Africa is uniquely poised to exploit a demographic dividend, arising from a huge component of youth in its population. This is in stark contrast to ageing economies in Asia, Europe and the Americas, particularly in Europe and Northeast Asia, and to a lesser extent in the US. Indeed, South Asia and Africa havebeen
MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. ADAMA’S WATER TREATMENT PLANT GETS UPGRADED, OPTIMIZED Oromia National Regional State invests 287 million Br for the upgrade and optimization of water treatment plant of Adama City, which was facing 9,000 cubic meter supply deficit in a daily basis. The Oromia Water, Mineral & Energy Bureau (OWM&EB) signed an agreement with twocompanies.
SECRETS BEHIND ETHIOPIA’S RISE Secrets behind Ethiopia’s Rise. Ethiopia has achieved a great deal of socio-economic success through state-led development: A development system seemingly shaped after the South Korean model of economic miracle. In its Markets report in November 2014, the top-rated Washington DC financial services firm, The Motley Fool, published ananalytic
THE IMPACT OF IFRS ON INCOME TAX ADMINISTRATION The Impact of IFRS on Income Tax Administration. While the trend and the proclamation are calling for regulators to keep updating themselves to the ever changing financial reporting and prepare the tax environment for a smooth transition to International Financial Reporting Standards (IFRS), many companies and the Ethiopian Revenues & Customs Authority (ERCA) are still comfortable in using the(ADDIS) FORTUNE
Addisfortune - Ethiopian Business News from the largest english weeklyin ethiopia.
NEW BUILDING CODE UNDER CONSTRUCTION The new code, or Euro-Code, takes into consideration earthquake and wind effects, which in turn require new designing codes, the use of more re-bars in construction and bigger structural frameworks in buildings, Yoseph explained. “Blocs are heavy and must be supported by a strong structure,” he explained. “It is going to be extremely RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
THE NEW FACE OF RETAIL TRADE The New Face of Retail Trade. Walking down the streets of Addis, one is bound to see supermarkets, even if they may be few and far between. Regardless, this is a big change since the early days of Bambis. Presently, already established chains are expanding while new ones are joining the market. In 1931, a twenty year old Greek youngster named THE IMPACT OF IFRS ON INCOME TAX ADMINISTRATION The Impact of IFRS on Income Tax Administration. While the trend and the proclamation are calling for regulators to keep updating themselves to the ever changing financial reporting and prepare the tax environment for a smooth transition to International Financial Reporting Standards (IFRS), many companies and the Ethiopian Revenues & Customs Authority (ERCA) are still comfortable in THE MICROECONOMICS OF ETHIOPIA’S UNDERDEVELOPMENT The Microeconomics of Ethiopia’s Underdevelopment. Since April 2018, a new optimism is visible in urban Ethiopia. Local intelligentsia and alike have warmly welcomed the change in the national leadership. Ethiopian press seems to be enjoying new found freedom by printing “suggestive write-ups,” which is a good sign of the nation’smarch
ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
ETHIOPIA’S SINGULAR ROLE IN UNITING AFRICA Ethiopia’s Singular Role in Uniting Africa. Ethiopia helped midwife the Organization of African Unity when it was born on May 25, 1963, and has ever since helped shepherd the organization as it transformed into the African Union and took on issues such as economic integration and peace and security. Before delving into the relationships WHY ETHIOPIA’S SOFTWARE INDUSTRY FALTERS Why Ethiopia’s Software Industry Falters. Providing a conscious policy support and avoiding the popular presumptions about it are important strategies to help the Information Technology (IT) industry of the nation grow, argues Mignote Kassa, an electrical engineer with over 25 years of experience, of which 15 are in the IT industry. INTRA-CITY BUS TERMINAL EDGES TO BREAK ADDIS’S GROUND A design of the Megenagna Intra-Public Transport Terminal, which is going to be constructed at wereda 09 in Yeka District, Addis Abeba. O Bon Voyage Architects & Engineers Consultant, a local consultancy firm, hands over the design of Megenagna Intra-City Public(ADDIS) FORTUNE
Addisfortune - Ethiopian Business News from the largest english weeklyin ethiopia.
MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
SECRETS BEHIND ETHIOPIA’S RISE Secrets behind Ethiopia’s Rise. Ethiopia has achieved a great deal of socio-economic success through state-led development: A development system seemingly shaped after the South Korean model of economic miracle. In its Markets report in November 2014, the top-rated Washington DC financial services firm, The Motley Fool, published ananalytic
ETHIOPIA’S SINGULAR ROLE IN UNITING AFRICA Ethiopia’s Singular Role in Uniting Africa. Ethiopia helped midwife the Organization of African Unity when it was born on May 25, 1963, and has ever since helped shepherd the organization as it transformed into the African Union and took on issues such as economic integration and peace and security. Before delving into the relationships ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
TARIFF ADJUSTMENT DELIGHTS TRANSPORTERS, DISTRESSES PASSENGERS A new tariff adjustment though has meant that he can collect 74 Br from every passenger, growing his income. Drivers of cars that carry 16 passengers have been even luckier, bringing gross monthly incomes close to 65,000 Br. It is a different story for passengers though. “My office is still reimbursing me by the old tariff,” HundeHaile, a
CHAIN HOTELS CHAINING IN ETHIOPIA In the next five years, Ethiopia is expecting to have about 30 international brand hotels, far higher than neighbouring Kenya, which is planning to open 13 hotels in the same time span, growing the bed space by more than 2,400 rooms, according to an estimate by PricewaterhouseCoopers (PwC).(ADDIS) FORTUNE
Addisfortune - Ethiopian Business News from the largest english weeklyin ethiopia.
MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
SECRETS BEHIND ETHIOPIA’S RISE Secrets behind Ethiopia’s Rise. Ethiopia has achieved a great deal of socio-economic success through state-led development: A development system seemingly shaped after the South Korean model of economic miracle. In its Markets report in November 2014, the top-rated Washington DC financial services firm, The Motley Fool, published ananalytic
ETHIOPIA’S SINGULAR ROLE IN UNITING AFRICA Ethiopia’s Singular Role in Uniting Africa. Ethiopia helped midwife the Organization of African Unity when it was born on May 25, 1963, and has ever since helped shepherd the organization as it transformed into the African Union and took on issues such as economic integration and peace and security. Before delving into the relationships ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
TARIFF ADJUSTMENT DELIGHTS TRANSPORTERS, DISTRESSES PASSENGERS A new tariff adjustment though has meant that he can collect 74 Br from every passenger, growing his income. Drivers of cars that carry 16 passengers have been even luckier, bringing gross monthly incomes close to 65,000 Br. It is a different story for passengers though. “My office is still reimbursing me by the old tariff,” HundeHaile, a
CHAIN HOTELS CHAINING IN ETHIOPIA In the next five years, Ethiopia is expecting to have about 30 international brand hotels, far higher than neighbouring Kenya, which is planning to open 13 hotels in the same time span, growing the bed space by more than 2,400 rooms, according to an estimate by PricewaterhouseCoopers (PwC). NEW BUILDING CODE UNDER CONSTRUCTION The new code, or Euro-Code, takes into consideration earthquake and wind effects, which in turn require new designing codes, the use of more re-bars in construction and bigger structural frameworks in buildings, Yoseph explained. “Blocs are heavy and must be supported by a strong structure,” he explained. “It is going to be extremely RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
IS DISRUPTIVE GOOD OR BAD? Is Disruptive Good or Bad? Do we need more disruptive innovation in Ethiopia? Absolutely. Disruptive innovation is a tremendous force for transforming millions of lives and vital for achieving broad-based development, the kind of development we seek in Ethiopia writes EleniGabre-Madhin (PhD).
THE NEW FACE OF RETAIL TRADE The New Face of Retail Trade. Walking down the streets of Addis, one is bound to see supermarkets, even if they may be few and far between. Regardless, this is a big change since the early days of Bambis. Presently, already established chains are expanding while new ones are joining the market. In 1931, a twenty year old Greek youngster named MAKING GLOBALISATION WORK FOR ETHIOPIA Making Globalisation Work for Ethiopia. Foreign policy implementation is at the intersection and the political relationship of external/international and internal/domestic environments. It is the political relationships of domestic actors, capacities, instruments, decision making and interests and international actors and structures. ETHIOPIA’S REAL ESTATE MARKET, STILL UNDER CONSTRUCTION The real estate sector has contributed 12.5pc to domestic growth in the past 10 years. However, foreign investors seem to be driving the market, seeking stability and transparency in Ethiopian real estate market, as local developers are dogged by accusations of delays and overpricing. But the growth had not been without drawbacks. AFRI HEALTH: LATEST ADDITION TO SATELLITE CHANNELS Afri Health: Latest Addition to Satellite Channels. Afri Health Tv, which was established with 40 million Br to broadcast medical Tv show productions, starts a 24-hour transmission. The new satellite channel chooses Ethiopia and other African countries as its target viewers. Owned by AFRI Health Trading Plc, it is a health-focused educational THWARTS TO THE JOB EVALUATION AND GRADING (JEG) REFORM The latest of such deeds is the Job Evaluation and Grading (JEG), enacted in 2016 with details of employee placement procedures. The JEG reform targets to equate salary and benefits of similar positions and job grades in different institutions because it was discovered that different institutions have varied salary scales for similar jobs. WHY ETHIO-SUDAN RELATION EVOLVES RIGHTLY Why Ethio-Sudan Relation Evolves Rightly. There is a long historical relationship between Ethiopia and the Sudan, starting from the states of Axum and Merowe. There are also age-old ties between the two peoples, who have lived in one another’s countries over the years. According to Harry Verhoeven (PhD), a researcher on African politicsat
WHY TRADE IS THE BETTER OPTION FOR ETHIOPIA As Nobel Prize winning Economist, Angus Deaton, correctly pointed out – “aid does more harm than good, damaging the opportunities for poor people to grow richer”. Trade is the better option for Ethiopia. According to the European Union, as a result of trade, between 2000 and 2008, “GDP-per capita increased by between 325 and625 dollars
(ADDIS) FORTUNE
Addisfortune - Ethiopian Business News from the largest english weeklyin ethiopia.
MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
SECRETS BEHIND ETHIOPIA’S RISE Secrets behind Ethiopia’s Rise. Ethiopia has achieved a great deal of socio-economic success through state-led development: A development system seemingly shaped after the South Korean model of economic miracle. In its Markets report in November 2014, the top-rated Washington DC financial services firm, The Motley Fool, published ananalytic
ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
ETHIOPIA’S SINGULAR ROLE IN UNITING AFRICA Ethiopia’s Singular Role in Uniting Africa. Ethiopia helped midwife the Organization of African Unity when it was born on May 25, 1963, and has ever since helped shepherd the organization as it transformed into the African Union and took on issues such as economic integration and peace and security. Before delving into the relationships TARIFF ADJUSTMENT DELIGHTS TRANSPORTERS, DISTRESSES PASSENGERS A new tariff adjustment though has meant that he can collect 74 Br from every passenger, growing his income. Drivers of cars that carry 16 passengers have been even luckier, bringing gross monthly incomes close to 65,000 Br. It is a different story for passengers though. “My office is still reimbursing me by the old tariff,” HundeHaile, a
CHAIN HOTELS CHAINING IN ETHIOPIA In the next five years, Ethiopia is expecting to have about 30 international brand hotels, far higher than neighbouring Kenya, which is planning to open 13 hotels in the same time span, growing the bed space by more than 2,400 rooms, according to an estimate by PricewaterhouseCoopers (PwC).(ADDIS) FORTUNE
Addisfortune - Ethiopian Business News from the largest english weeklyin ethiopia.
MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
SECRETS BEHIND ETHIOPIA’S RISE Secrets behind Ethiopia’s Rise. Ethiopia has achieved a great deal of socio-economic success through state-led development: A development system seemingly shaped after the South Korean model of economic miracle. In its Markets report in November 2014, the top-rated Washington DC financial services firm, The Motley Fool, published ananalytic
ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
ETHIOPIA’S SINGULAR ROLE IN UNITING AFRICA Ethiopia’s Singular Role in Uniting Africa. Ethiopia helped midwife the Organization of African Unity when it was born on May 25, 1963, and has ever since helped shepherd the organization as it transformed into the African Union and took on issues such as economic integration and peace and security. Before delving into the relationships TARIFF ADJUSTMENT DELIGHTS TRANSPORTERS, DISTRESSES PASSENGERS A new tariff adjustment though has meant that he can collect 74 Br from every passenger, growing his income. Drivers of cars that carry 16 passengers have been even luckier, bringing gross monthly incomes close to 65,000 Br. It is a different story for passengers though. “My office is still reimbursing me by the old tariff,” HundeHaile, a
CHAIN HOTELS CHAINING IN ETHIOPIA In the next five years, Ethiopia is expecting to have about 30 international brand hotels, far higher than neighbouring Kenya, which is planning to open 13 hotels in the same time span, growing the bed space by more than 2,400 rooms, according to an estimate by PricewaterhouseCoopers (PwC). RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
NEW BUILDING CODE UNDER CONSTRUCTION The new code, or Euro-Code, takes into consideration earthquake and wind effects, which in turn require new designing codes, the use of more re-bars in construction and bigger structural frameworks in buildings, Yoseph explained. “Blocs are heavy and must be supported by a strong structure,” he explained. “It is going to be extremely IS DISRUPTIVE GOOD OR BAD? Is Disruptive Good or Bad? Do we need more disruptive innovation in Ethiopia? Absolutely. Disruptive innovation is a tremendous force for transforming millions of lives and vital for achieving broad-based development, the kind of development we seek in Ethiopia writes EleniGabre-Madhin (PhD).
THE NEW FACE OF RETAIL TRADE The New Face of Retail Trade. Walking down the streets of Addis, one is bound to see supermarkets, even if they may be few and far between. Regardless, this is a big change since the early days of Bambis. Presently, already established chains are expanding while new ones are joining the market. In 1931, a twenty year old Greek youngster named MAKING GLOBALISATION WORK FOR ETHIOPIA Making Globalisation Work for Ethiopia. Foreign policy implementation is at the intersection and the political relationship of external/international and internal/domestic environments. It is the political relationships of domestic actors, capacities, instruments, decision making and interests and international actors and structures. THWARTS TO THE JOB EVALUATION AND GRADING (JEG) REFORM The latest of such deeds is the Job Evaluation and Grading (JEG), enacted in 2016 with details of employee placement procedures. The JEG reform targets to equate salary and benefits of similar positions and job grades in different institutions because it was discovered that different institutions have varied salary scales for similar jobs. WHY ETHIO-SUDAN RELATION EVOLVES RIGHTLY Why Ethio-Sudan Relation Evolves Rightly. There is a long historical relationship between Ethiopia and the Sudan, starting from the states of Axum and Merowe. There are also age-old ties between the two peoples, who have lived in one another’s countries over the years. According to Harry Verhoeven (PhD), a researcher on African politicsat
ETHIOPIA’S REAL ESTATE MARKET, STILL UNDER CONSTRUCTION The real estate sector has contributed 12.5pc to domestic growth in the past 10 years. However, foreign investors seem to be driving the market, seeking stability and transparency in Ethiopian real estate market, as local developers are dogged by accusations of delays and overpricing. But the growth had not been without drawbacks. ERCA PUTS HAND OFF TRANSPORT ALLOWANCE ERCA Puts Hand off Transport Allowance. The Ethiopian Revenues & Customs Authority (ERCA) has increased the taxable levels for transport allowance and per diem saying that the cost of living is higher than it used to be. A letter signed three four ago by Beker Shale, the director general of the Authority, amended two of the sevenarticles of
WHY TRADE IS THE BETTER OPTION FOR ETHIOPIA As Nobel Prize winning Economist, Angus Deaton, correctly pointed out – “aid does more harm than good, damaging the opportunities for poor people to grow richer”. Trade is the better option for Ethiopia. According to the European Union, as a result of trade, between 2000 and 2008, “GDP-per capita increased by between 325 and625 dollars
(ADDIS) FORTUNE
Addisfortune - Ethiopian Business News from the largest english weeklyin ethiopia.
MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
SECRETS BEHIND ETHIOPIA’S RISE Secrets behind Ethiopia’s Rise. Ethiopia has achieved a great deal of socio-economic success through state-led development: A development system seemingly shaped after the South Korean model of economic miracle. In its Markets report in November 2014, the top-rated Washington DC financial services firm, The Motley Fool, published ananalytic
ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
ETHIOPIA’S SINGULAR ROLE IN UNITING AFRICA Ethiopia’s Singular Role in Uniting Africa. Ethiopia helped midwife the Organization of African Unity when it was born on May 25, 1963, and has ever since helped shepherd the organization as it transformed into the African Union and took on issues such as economic integration and peace and security. Before delving into the relationships TARIFF ADJUSTMENT DELIGHTS TRANSPORTERS, DISTRESSES PASSENGERS A new tariff adjustment though has meant that he can collect 74 Br from every passenger, growing his income. Drivers of cars that carry 16 passengers have been even luckier, bringing gross monthly incomes close to 65,000 Br. It is a different story for passengers though. “My office is still reimbursing me by the old tariff,” HundeHaile, a
CHAIN HOTELS CHAINING IN ETHIOPIA In the next five years, Ethiopia is expecting to have about 30 international brand hotels, far higher than neighbouring Kenya, which is planning to open 13 hotels in the same time span, growing the bed space by more than 2,400 rooms, according to an estimate by PricewaterhouseCoopers (PwC).(ADDIS) FORTUNE
Addisfortune - Ethiopian Business News from the largest english weeklyin ethiopia.
MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
SECRETS BEHIND ETHIOPIA’S RISE Secrets behind Ethiopia’s Rise. Ethiopia has achieved a great deal of socio-economic success through state-led development: A development system seemingly shaped after the South Korean model of economic miracle. In its Markets report in November 2014, the top-rated Washington DC financial services firm, The Motley Fool, published ananalytic
ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
ETHIOPIA’S SINGULAR ROLE IN UNITING AFRICA Ethiopia’s Singular Role in Uniting Africa. Ethiopia helped midwife the Organization of African Unity when it was born on May 25, 1963, and has ever since helped shepherd the organization as it transformed into the African Union and took on issues such as economic integration and peace and security. Before delving into the relationships TARIFF ADJUSTMENT DELIGHTS TRANSPORTERS, DISTRESSES PASSENGERS A new tariff adjustment though has meant that he can collect 74 Br from every passenger, growing his income. Drivers of cars that carry 16 passengers have been even luckier, bringing gross monthly incomes close to 65,000 Br. It is a different story for passengers though. “My office is still reimbursing me by the old tariff,” HundeHaile, a
CHAIN HOTELS CHAINING IN ETHIOPIA In the next five years, Ethiopia is expecting to have about 30 international brand hotels, far higher than neighbouring Kenya, which is planning to open 13 hotels in the same time span, growing the bed space by more than 2,400 rooms, according to an estimate by PricewaterhouseCoopers (PwC). RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
NEW BUILDING CODE UNDER CONSTRUCTION The new code, or Euro-Code, takes into consideration earthquake and wind effects, which in turn require new designing codes, the use of more re-bars in construction and bigger structural frameworks in buildings, Yoseph explained. “Blocs are heavy and must be supported by a strong structure,” he explained. “It is going to be extremely IS DISRUPTIVE GOOD OR BAD? Is Disruptive Good or Bad? Do we need more disruptive innovation in Ethiopia? Absolutely. Disruptive innovation is a tremendous force for transforming millions of lives and vital for achieving broad-based development, the kind of development we seek in Ethiopia writes EleniGabre-Madhin (PhD).
THE NEW FACE OF RETAIL TRADE The New Face of Retail Trade. Walking down the streets of Addis, one is bound to see supermarkets, even if they may be few and far between. Regardless, this is a big change since the early days of Bambis. Presently, already established chains are expanding while new ones are joining the market. In 1931, a twenty year old Greek youngster named MAKING GLOBALISATION WORK FOR ETHIOPIA Making Globalisation Work for Ethiopia. Foreign policy implementation is at the intersection and the political relationship of external/international and internal/domestic environments. It is the political relationships of domestic actors, capacities, instruments, decision making and interests and international actors and structures. THWARTS TO THE JOB EVALUATION AND GRADING (JEG) REFORM The latest of such deeds is the Job Evaluation and Grading (JEG), enacted in 2016 with details of employee placement procedures. The JEG reform targets to equate salary and benefits of similar positions and job grades in different institutions because it was discovered that different institutions have varied salary scales for similar jobs. WHY ETHIO-SUDAN RELATION EVOLVES RIGHTLY Why Ethio-Sudan Relation Evolves Rightly. There is a long historical relationship between Ethiopia and the Sudan, starting from the states of Axum and Merowe. There are also age-old ties between the two peoples, who have lived in one another’s countries over the years. According to Harry Verhoeven (PhD), a researcher on African politicsat
ETHIOPIA’S REAL ESTATE MARKET, STILL UNDER CONSTRUCTION The real estate sector has contributed 12.5pc to domestic growth in the past 10 years. However, foreign investors seem to be driving the market, seeking stability and transparency in Ethiopian real estate market, as local developers are dogged by accusations of delays and overpricing. But the growth had not been without drawbacks. ERCA PUTS HAND OFF TRANSPORT ALLOWANCE ERCA Puts Hand off Transport Allowance. The Ethiopian Revenues & Customs Authority (ERCA) has increased the taxable levels for transport allowance and per diem saying that the cost of living is higher than it used to be. A letter signed three four ago by Beker Shale, the director general of the Authority, amended two of the sevenarticles of
WHY TRADE IS THE BETTER OPTION FOR ETHIOPIA As Nobel Prize winning Economist, Angus Deaton, correctly pointed out – “aid does more harm than good, damaging the opportunities for poor people to grow richer”. Trade is the better option for Ethiopia. According to the European Union, as a result of trade, between 2000 and 2008, “GDP-per capita increased by between 325 and625 dollars
(ADDIS) FORTUNE
Addisfortune - Ethiopian Business News from the largest english weeklyin ethiopia.
ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
UBUNTU IN AFRICAN DEVELOPMENT Ubuntu in African Development. Africa is uniquely poised to exploit a demographic dividend, arising from a huge component of youth in its population. This is in stark contrast to ageing economies in Asia, Europe and the Americas, particularly in Europe and Northeast Asia, and to a lesser extent in the US. Indeed, South Asia and Africa havebeen
AFRI HEALTH: LATEST ADDITION TO SATELLITE CHANNELS Afri Health: Latest Addition to Satellite Channels. Afri Health Tv, which was established with 40 million Br to broadcast medical Tv show productions, starts a 24-hour transmission. The new satellite channel chooses Ethiopia and other African countries as its target viewers. Owned by AFRI Health Trading Plc, it is a health-focused educational THE IMPACT OF IFRS ON INCOME TAX ADMINISTRATION The Impact of IFRS on Income Tax Administration. While the trend and the proclamation are calling for regulators to keep updating themselves to the ever changing financial reporting and prepare the tax environment for a smooth transition to International Financial Reporting Standards (IFRS), many companies and the Ethiopian Revenues & Customs Authority (ERCA) are still comfortable in using the CHAIN HOTELS CHAINING IN ETHIOPIA In the next five years, Ethiopia is expecting to have about 30 international brand hotels, far higher than neighbouring Kenya, which is planning to open 13 hotels in the same time span, growing the bed space by more than 2,400 rooms, according to an estimate by PricewaterhouseCoopers (PwC).(ADDIS) FORTUNE
Addisfortune - Ethiopian Business News from the largest english weeklyin ethiopia.
ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
UBUNTU IN AFRICAN DEVELOPMENT Ubuntu in African Development. Africa is uniquely poised to exploit a demographic dividend, arising from a huge component of youth in its population. This is in stark contrast to ageing economies in Asia, Europe and the Americas, particularly in Europe and Northeast Asia, and to a lesser extent in the US. Indeed, South Asia and Africa havebeen
AFRI HEALTH: LATEST ADDITION TO SATELLITE CHANNELS Afri Health: Latest Addition to Satellite Channels. Afri Health Tv, which was established with 40 million Br to broadcast medical Tv show productions, starts a 24-hour transmission. The new satellite channel chooses Ethiopia and other African countries as its target viewers. Owned by AFRI Health Trading Plc, it is a health-focused educational THE IMPACT OF IFRS ON INCOME TAX ADMINISTRATION The Impact of IFRS on Income Tax Administration. While the trend and the proclamation are calling for regulators to keep updating themselves to the ever changing financial reporting and prepare the tax environment for a smooth transition to International Financial Reporting Standards (IFRS), many companies and the Ethiopian Revenues & Customs Authority (ERCA) are still comfortable in using the CHAIN HOTELS CHAINING IN ETHIOPIA In the next five years, Ethiopia is expecting to have about 30 international brand hotels, far higher than neighbouring Kenya, which is planning to open 13 hotels in the same time span, growing the bed space by more than 2,400 rooms, according to an estimate by PricewaterhouseCoopers (PwC). NEW BUILDING CODE UNDER CONSTRUCTION The new code, or Euro-Code, takes into consideration earthquake and wind effects, which in turn require new designing codes, the use of more re-bars in construction and bigger structural frameworks in buildings, Yoseph explained. “Blocs are heavy and must be supported by a strong structure,” he explained. “It is going to be extremely MAKING GLOBALISATION WORK FOR ETHIOPIA Making Globalisation Work for Ethiopia. Foreign policy implementation is at the intersection and the political relationship of external/international and internal/domestic environments. It is the political relationships of domestic actors, capacities, instruments, decision making and interests and international actors and structures. MEDICAL TOURISM IN ETHIOPIA: FLYING FOR YOUR LIFE Medical Tourism in Ethiopia: Flying for your Life. Exactly 26 years ago a close relative of mine died from kidney failure. He was in his early sixties and had been in and out of hospitals due to chronic hypertension that had led to his premature retirement at the age of 50. Apparently, kidney damage and uncontrolled high blood pressureeach
DESPITE TALKS, FOREIGNERS UNWELCOME IN ETHIOPIA In my humble opinion, foreigners could really help Ethiopia’s growth, by helping to solve the chronic lack of foreign currency and bringing wealth to the many beautiful areas not discovered yet by mass tourism, as well by giving jobs to the locals. As many foreigners did, I have trusted the country enough to move with my family to Ethiopia THE NEW FACE OF RETAIL TRADE The New Face of Retail Trade. Walking down the streets of Addis, one is bound to see supermarkets, even if they may be few and far between. Regardless, this is a big change since the early days of Bambis. Presently, already established chains are expanding while new ones are joining the market. In 1931, a twenty year old Greek youngster named LIBRARIES: A NEW FRONTIER FOR ETHIOPIA By Ibrahim Rashid Ibrahim Rashid Hassan is a Young African Leaders Initiative (YALI) 2016 Mandela Washington Fellow who works with the United Nations World Food Programme in Jijiga Area Office. Ibrahim is also the Director of Kali Ethiopian Rural Libraries Initiative, a volunteer organisation that advocates for the establishment of libraries in both rural and urban centres of Ethiopia. ADDIS ABEBA’S 10TH MASTER PLAN SEES 13 DISTRICTS Addis Abeba's 10th Master Plan Sees 13 Districts. ‹ ›. Two years after Addis Abeba’s ninth master plan was phased out, the tenth master plan, integrating socio-economic aspects of Ethiopia’s capital city, is now officially out for public discussion. This comes soon after the controversial integrated Addis Abeba & SurroundingOromia
THWARTS TO THE JOB EVALUATION AND GRADING (JEG) REFORM The latest of such deeds is the Job Evaluation and Grading (JEG), enacted in 2016 with details of employee placement procedures. The JEG reform targets to equate salary and benefits of similar positions and job grades in different institutions because it was discovered that different institutions have varied salary scales for similar jobs. BIOSAFETY BILL TO OPEN DOOR TO GMOS IN ETHIOPIA Biosafety Bill to Open Door to GMOs in Ethiopia. Ethiopia, a country still relying on just 20pc of its potential arable lands to grow food, is opting for genetically modified organisms (GMOs), with a legal amendment likely to be approved by the House sometime during thisfiscal year.
ETHIOPIA’S ADDIS ABEBA-ADAMA EXPRESSWAY FINALLY OPEN Ethiopia’s first expressway, the 84.7Km long road from Addis Abeba to Adama, officially opens to traffic today, September 14, 2014, in the presence of Muktar Kedir, president of the Oromia Regional State, and Workeneh Gebeyehu, minister of Transport. The expressway, which starts at Tulu Dimtu, 2.8km off the main road in Kality, links Dukem MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. NEW BUILDING CODE UNDER CONSTRUCTION The new code, or Euro-Code, takes into consideration earthquake and wind effects, which in turn require new designing codes, the use of more re-bars in construction and bigger structural frameworks in buildings, Yoseph explained. “Blocs are heavy and must be supported by a strong structure,” he explained. “It is going to be extremely MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
AFRI HEALTH: LATEST ADDITION TO SATELLITE CHANNELS Afri Health: Latest Addition to Satellite Channels. Afri Health Tv, which was established with 40 million Br to broadcast medical Tv show productions, starts a 24-hour transmission. The new satellite channel chooses Ethiopia and other African countries as its target viewers. Owned by AFRI Health Trading Plc, it is a health-focused educational UBUNTU IN AFRICAN DEVELOPMENT Ubuntu in African Development. Africa is uniquely poised to exploit a demographic dividend, arising from a huge component of youth in its population. This is in stark contrast to ageing economies in Asia, Europe and the Americas, particularly in Europe and Northeast Asia, and to a lesser extent in the US. Indeed, South Asia and Africa havebeen
THWARTS TO THE JOB EVALUATION AND GRADING (JEG) REFORM The latest of such deeds is the Job Evaluation and Grading (JEG), enacted in 2016 with details of employee placement procedures. The JEG reform targets to equate salary and benefits of similar positions and job grades in different institutions because it was discovered that different institutions have varied salary scales for similar jobs. THE IMPACT OF IFRS ON INCOME TAX ADMINISTRATIONIAS 12 INCOME TAXIAS 12 INCOME TAX PDFIFRS 12 INCOME TAXIFRS INCOME TAX DISCLOSURE The Impact of IFRS on Income Tax Administration. While the trend and the proclamation are calling for regulators to keep updating themselves to the ever changing financial reporting and prepare the tax environment for a smooth transition to International Financial Reporting Standards (IFRS), many companies and the Ethiopian Revenues & Customs Authority (ERCA) are still comfortable in using the MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. NEW BUILDING CODE UNDER CONSTRUCTION The new code, or Euro-Code, takes into consideration earthquake and wind effects, which in turn require new designing codes, the use of more re-bars in construction and bigger structural frameworks in buildings, Yoseph explained. “Blocs are heavy and must be supported by a strong structure,” he explained. “It is going to be extremely MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
AFRI HEALTH: LATEST ADDITION TO SATELLITE CHANNELS Afri Health: Latest Addition to Satellite Channels. Afri Health Tv, which was established with 40 million Br to broadcast medical Tv show productions, starts a 24-hour transmission. The new satellite channel chooses Ethiopia and other African countries as its target viewers. Owned by AFRI Health Trading Plc, it is a health-focused educational UBUNTU IN AFRICAN DEVELOPMENT Ubuntu in African Development. Africa is uniquely poised to exploit a demographic dividend, arising from a huge component of youth in its population. This is in stark contrast to ageing economies in Asia, Europe and the Americas, particularly in Europe and Northeast Asia, and to a lesser extent in the US. Indeed, South Asia and Africa havebeen
THWARTS TO THE JOB EVALUATION AND GRADING (JEG) REFORM The latest of such deeds is the Job Evaluation and Grading (JEG), enacted in 2016 with details of employee placement procedures. The JEG reform targets to equate salary and benefits of similar positions and job grades in different institutions because it was discovered that different institutions have varied salary scales for similar jobs. THE IMPACT OF IFRS ON INCOME TAX ADMINISTRATIONIAS 12 INCOME TAXIAS 12 INCOME TAX PDFIFRS 12 INCOME TAXIFRS INCOME TAX DISCLOSURE The Impact of IFRS on Income Tax Administration. While the trend and the proclamation are calling for regulators to keep updating themselves to the ever changing financial reporting and prepare the tax environment for a smooth transition to International Financial Reporting Standards (IFRS), many companies and the Ethiopian Revenues & Customs Authority (ERCA) are still comfortable in using the(ADDIS) FORTUNE
Addisfortune - Ethiopian Business News from the largest english weeklyin ethiopia.
NEW BUILDING CODE UNDER CONSTRUCTION The new code, or Euro-Code, takes into consideration earthquake and wind effects, which in turn require new designing codes, the use of more re-bars in construction and bigger structural frameworks in buildings, Yoseph explained. “Blocs are heavy and must be supported by a strong structure,” he explained. “It is going to be extremely IS DISRUPTIVE GOOD OR BAD? Is Disruptive Good or Bad? Do we need more disruptive innovation in Ethiopia? Absolutely. Disruptive innovation is a tremendous force for transforming millions of lives and vital for achieving broad-based development, the kind of development we seek in Ethiopia writes EleniGabre-Madhin (PhD).
ADDIS ABEBA’S 10TH MASTER PLAN SEES 13 DISTRICTS Addis Abeba's 10th Master Plan Sees 13 Districts. ‹ ›. Two years after Addis Abeba’s ninth master plan was phased out, the tenth master plan, integrating socio-economic aspects of Ethiopia’s capital city, is now officially out for public discussion. This comes soon after the controversial integrated Addis Abeba & SurroundingOromia
THE MICROECONOMICS OF ETHIOPIA’S UNDERDEVELOPMENT The Microeconomics of Ethiopia’s Underdevelopment. Since April 2018, a new optimism is visible in urban Ethiopia. Local intelligentsia and alike have warmly welcomed the change in the national leadership. Ethiopian press seems to be enjoying new found freedom by printing “suggestive write-ups,” which is a good sign of the nation’smarch
ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
ERCA PUTS HAND OFF TRANSPORT ALLOWANCE ERCA Puts Hand off Transport Allowance. The Ethiopian Revenues & Customs Authority (ERCA) has increased the taxable levels for transport allowance and per diem saying that the cost of living is higher than it used to be. A letter signed three four ago by Beker Shale, the director general of the Authority, amended two of the sevenarticles of
ETHIOPIA POSSESSES 70M TONS OF IRON ORE DEPOSIT Ethiopia has more than 70 million tons of iron ore deposit in Amhara, Oromia and Tigray region, the Geological Survey of Ethiopia announced. “About 57.8 million tons of the stated deposit is found in Oromia Region,” chief geologist at the Organization, Hunde Melka, said. THE BILATERAL RELATION BETWEEN ETHIOPIA AND CHINA… The bilateral relation between Ethiopia and China has never been at the height of its glory as it appears now, gossip observed. Ever since 200 Chinese laborers arrived in the highlands of Ethiopia in January 1868, building the road that led to the well known expeditions by Robert Napier’s (Gen.), against Emperor Tewodros, the Chinese reserve a significant place in building the nation’s ALLE BEJIMLA OPENS SHOP IN HAWASSA Alle Bejimla Opens Shop in Hawassa. Alle Bejimla has inaugurated its first outlet outside of Addis Abeba, in Hawassa, on Wednesday April 22, 2015. The outlet, which was planned together with another three, will follow in a month’s time in Shashemene, Bahir Dar and Dessie, became an addition to the existing four in Addis Abeba.(ADDIS) FORTUNE
Addisfortune - Ethiopian Business News from the largest english weeklyin ethiopia.
ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
UBUNTU IN AFRICAN DEVELOPMENT Ubuntu in African Development. Africa is uniquely poised to exploit a demographic dividend, arising from a huge component of youth in its population. This is in stark contrast to ageing economies in Asia, Europe and the Americas, particularly in Europe and Northeast Asia, and to a lesser extent in the US. Indeed, South Asia and Africa havebeen
AFRI HEALTH: LATEST ADDITION TO SATELLITE CHANNELS Afri Health: Latest Addition to Satellite Channels. Afri Health Tv, which was established with 40 million Br to broadcast medical Tv show productions, starts a 24-hour transmission. The new satellite channel chooses Ethiopia and other African countries as its target viewers. Owned by AFRI Health Trading Plc, it is a health-focused educational THE IMPACT OF IFRS ON INCOME TAX ADMINISTRATIONIAS 12 INCOME TAXIAS 12 INCOME TAX PDFIFRS 12 INCOME TAXIFRS INCOME TAX DISCLOSURE The Impact of IFRS on Income Tax Administration. While the trend and the proclamation are calling for regulators to keep updating themselves to the ever changing financial reporting and prepare the tax environment for a smooth transition to International Financial Reporting Standards (IFRS), many companies and the Ethiopian Revenues & Customs Authority (ERCA) are still comfortable in using the CHAIN HOTELS CHAINING IN ETHIOPIA In the next five years, Ethiopia is expecting to have about 30 international brand hotels, far higher than neighbouring Kenya, which is planning to open 13 hotels in the same time span, growing the bed space by more than 2,400 rooms, according to an estimate by PricewaterhouseCoopers (PwC).(ADDIS) FORTUNE
Addisfortune - Ethiopian Business News from the largest english weeklyin ethiopia.
ETHIOPIA’S FOREIGN POLICY IS TIED TO ITS ECONOMICS Ethiopia’s Foreign Policy is Tied to its Economics. Foreign policy is a move from domestic politics to international politics and is also called inside-out approach. Ethiopia’s foreign policy adopted from the inside-out perspective is how international system and domestic politics are influenced and shape foreign policy perspectives. MAKING DIPLOMACY EFFECTIVE IN ETHIOPIA’S FOREIGN POLICY Therefore, professionalism should be a prior recommendation to make diplomacy a better instrument of Ethiopia’s foreign policy. Economic diplomacy is at the centre of Ethiopia’s diplomacy. The country, however, lacks professional diplomats on business diplomacy, stressing the urgency of training diplomats on the areas of business diplomacy. RURAL DEVELOPMENT: KEY TO REDUCE FUTURE MIGRATION Rural Development: Key to Reduce Future Migration. Migration out of impoverished or conflict-prone countries is anything but uncommon in the world. Despite the fact that close to 1.1 billion were lifted out of extreme poverty in the two decades since 1990, according to a report by the World Bank, the highest levels of displacement wererecorded
MODERN HISTORY OF THE PRESS IN ETHIOPIA Modern History of the Press in Ethiopia. Freedom of speech has been lacking from the country for quite some time. The line between expressing one's ideas and encouraging violence has always been too thin to adequately tell apart. The death of the much-celebrated journalist Negash Gebre Mariam has made most take a closer look at thecurrent
ETHIOPIA’S POPULATION GROWTH-IT’S CONSEQUENCE Ethiopia’s Population Growth-It’s Consequence. The overpopulation in Ethiopia is concerning. The population is approaching the 100 million mark. With the increase of population comes adverse problems such as scarcity of resources, rampant corruption, and a rise in crimes. The government will also face challenges in trying to managethe
UBUNTU IN AFRICAN DEVELOPMENT Ubuntu in African Development. Africa is uniquely poised to exploit a demographic dividend, arising from a huge component of youth in its population. This is in stark contrast to ageing economies in Asia, Europe and the Americas, particularly in Europe and Northeast Asia, and to a lesser extent in the US. Indeed, South Asia and Africa havebeen
AFRI HEALTH: LATEST ADDITION TO SATELLITE CHANNELS Afri Health: Latest Addition to Satellite Channels. Afri Health Tv, which was established with 40 million Br to broadcast medical Tv show productions, starts a 24-hour transmission. The new satellite channel chooses Ethiopia and other African countries as its target viewers. Owned by AFRI Health Trading Plc, it is a health-focused educational THE IMPACT OF IFRS ON INCOME TAX ADMINISTRATIONIAS 12 INCOME TAXIAS 12 INCOME TAX PDFIFRS 12 INCOME TAXIFRS INCOME TAX DISCLOSURE The Impact of IFRS on Income Tax Administration. While the trend and the proclamation are calling for regulators to keep updating themselves to the ever changing financial reporting and prepare the tax environment for a smooth transition to International Financial Reporting Standards (IFRS), many companies and the Ethiopian Revenues & Customs Authority (ERCA) are still comfortable in using the CHAIN HOTELS CHAINING IN ETHIOPIA In the next five years, Ethiopia is expecting to have about 30 international brand hotels, far higher than neighbouring Kenya, which is planning to open 13 hotels in the same time span, growing the bed space by more than 2,400 rooms, according to an estimate by PricewaterhouseCoopers (PwC). NEW BUILDING CODE UNDER CONSTRUCTION The new code, or Euro-Code, takes into consideration earthquake and wind effects, which in turn require new designing codes, the use of more re-bars in construction and bigger structural frameworks in buildings, Yoseph explained. “Blocs are heavy and must be supported by a strong structure,” he explained. “It is going to be extremely MAKING GLOBALISATION WORK FOR ETHIOPIA Making Globalisation Work for Ethiopia. Foreign policy implementation is at the intersection and the political relationship of external/international and internal/domestic environments. It is the political relationships of domestic actors, capacities, instruments, decision making and interests and international actors and structures. MEDICAL TOURISM IN ETHIOPIA: FLYING FOR YOUR LIFE Medical Tourism in Ethiopia: Flying for your Life. Exactly 26 years ago a close relative of mine died from kidney failure. He was in his early sixties and had been in and out of hospitals due to chronic hypertension that had led to his premature retirement at the age of 50. Apparently, kidney damage and uncontrolled high blood pressureeach
DESPITE TALKS, FOREIGNERS UNWELCOME IN ETHIOPIA In my humble opinion, foreigners could really help Ethiopia’s growth, by helping to solve the chronic lack of foreign currency and bringing wealth to the many beautiful areas not discovered yet by mass tourism, as well by giving jobs to the locals. As many foreigners did, I have trusted the country enough to move with my family to Ethiopia THE NEW FACE OF RETAIL TRADE The New Face of Retail Trade. Walking down the streets of Addis, one is bound to see supermarkets, even if they may be few and far between. Regardless, this is a big change since the early days of Bambis. Presently, already established chains are expanding while new ones are joining the market. In 1931, a twenty year old Greek youngster named LIBRARIES: A NEW FRONTIER FOR ETHIOPIA By Ibrahim Rashid Ibrahim Rashid Hassan is a Young African Leaders Initiative (YALI) 2016 Mandela Washington Fellow who works with the United Nations World Food Programme in Jijiga Area Office. Ibrahim is also the Director of Kali Ethiopian Rural Libraries Initiative, a volunteer organisation that advocates for the establishment of libraries in both rural and urban centres of Ethiopia. ADDIS ABEBA’S 10TH MASTER PLAN SEES 13 DISTRICTS Addis Abeba's 10th Master Plan Sees 13 Districts. ‹ ›. Two years after Addis Abeba’s ninth master plan was phased out, the tenth master plan, integrating socio-economic aspects of Ethiopia’s capital city, is now officially out for public discussion. This comes soon after the controversial integrated Addis Abeba & SurroundingOromia
THWARTS TO THE JOB EVALUATION AND GRADING (JEG) REFORM The latest of such deeds is the Job Evaluation and Grading (JEG), enacted in 2016 with details of employee placement procedures. The JEG reform targets to equate salary and benefits of similar positions and job grades in different institutions because it was discovered that different institutions have varied salary scales for similar jobs. BIOSAFETY BILL TO OPEN DOOR TO GMOS IN ETHIOPIA Biosafety Bill to Open Door to GMOs in Ethiopia. Ethiopia, a country still relying on just 20pc of its potential arable lands to grow food, is opting for genetically modified organisms (GMOs), with a legal amendment likely to be approved by the House sometime during thisfiscal year.
ETHIOPIA’S ADDIS ABEBA-ADAMA EXPRESSWAY FINALLY OPEN Ethiopia’s first expressway, the 84.7Km long road from Addis Abeba to Adama, officially opens to traffic today, September 14, 2014, in the presence of Muktar Kedir, president of the Oromia Regional State, and Workeneh Gebeyehu, minister of Transport. The expressway, which starts at Tulu Dimtu, 2.8km off the main road in Kality, links Dukemcbe
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