PM Abiy Ahmed has done his level best to cope with Ethiopia’s foreign exchange crisis that he inherited. He used his charm offensive in public diplomacy, persuading multilateral and bilateral donors to stand by Ethiopia. He has achieved a great deal in that regard. Solving Ethiopia’s foreign exchange troubles, however, Read more…
The privatization of Ethio Telecom seems to have begun in earnest. We may not hear any more such silly recorded messages as “the network is busy now, please try later!” My personal favorite is the excuse I have often received for my calls from abroad: “your balance is running low, Read more…
Fana Broadcasting Corporation (FBC) reported, quoting Office of the Prime Minister, that “[o]n the margins of the Belt and Road Forum (BRF), the Ethiopian Investment Commission (EIC) has signed memoranda of understanding (MoUs) with four Chinese companies that have decided to invest in Ethiopia”. FBC listed target sectors: Taison Group Read more…
China has cancelled interest on all loans to Ethiopia that were taken out before the end of 2018. China has also extended the terms of its loan to Ethiopia to finance Railways from ten to thirty years. These have been celebrated by many on social media and elsewhere. As far Read more…
A few years ago I travelled to Cape Town to attend an academic conference. I reserved a couple of days for sightseeing at the end of that event. It would be silly to leave the place without climbing Table Mountains or short of traveling to Cape Point, which is located Read more…
On March 19th, the National Bank of Ethiopia (NBE) Governor, Yinager Dessie, presented eight months review of Ethiopia’s 2011 budget to the house of representatives. In that report he spotlighted Ethiopia’s miserably low foreign exchange reserve. In his attempt to stress the seriousness of the matter, he specifically stated that: Read more…
እዚህ ቪዲዮ ላይ የምትሰሙት የዳንኤል ንግግር ጭብጥ “የዓላማ ጽናት” ወሳኝነት ነው። ጽናቱ ደግሞ ኢትዮጵያ ሳትቀየር እንደነበረች ከትውልድ ትውልድ የማስተላለፍ ሃላፊነትን ይመለከታል። ባንድ መልኩ በጎ አስተሳሰብ ይመስላል፣ የዓላማ ጽናት ተፈላጊ የምሆንበት ጊዜ አለና! የዳንኤል ድስኩር ግን መርዛማ የምሆንበት ምክንያት አለው። ይሀውም ኢትዮጵያ የተለያየ ገጽታ አላት። ለምሳሌ ዳንኤል መልሶ መላልሶ የሚያንቆለጳጵሳት የድሮዋ Read more…
PM Abiy seems to have chosen to approach Ethiopia’s economic governance by taking it for granted that he has inherited a vibrant and rapidly growing economy. As far as politics is concerned, there is no doubt that he has been forging ahead with radical reforms, making major departures from the Read more…
Ms. Adanech Abeebee, Ethiopia’s Minister of Revenues, is perhaps the busiest among PM Abiy’s cabinet members. Ethiopian authorities seem to be determined to strengthen domestic resource mobilization by improving tax collection and administration efficiency. The renewed emphasis on domestic resource mobilization and self-reliance in public finance can have far reaching Read more…
I am deeply saddened to hear Legesse Abddii passed away! During those days, never mind a TV set, even a radio used to be a rarity in most parts of Ethiopia, especially in the countryside. My father was among the very early “adopters” of the new “innovation” called radio. That Read more…