Trump’s Student Loan Interest Waiver Isn’t What You May Think
by President Trump said he was waiving interest on federally held student loans because of the coronavirus outbreak. But payments won’t change. At the end of …
The Fed’s $1.5 trillion loan injection, explained
It’s not a “stimulus” — it’s $1.5 trillion in loans that have to be paid back, fast. On Thursday, March 12, the Federal Reserve Bank …
Senate Overturns Student Loan Forgiveness Rule
The U.S. Senate overturned a major student loan forgiveness rule. Here’s what you need to know. Student Loan Forgiveness The U.S. Senate voted 53-42 to …
Brexit: Who Would Take the Hit?
Though the Brexit votes were driven more by concerns about immigration and unease about EU’s domination in Brussels, it has far reaching impacts that go …
Mobile Banking Regulatory Gaps Must be Addressed
Somaliland is one of the leading markets of mobile banking platforms in Africa. It has been acknowledged by renowned individuals, such as Bill Gates of …
Can Banking Competition Boost Somaliland’s Financial Inclusion?
The financial services sector in Somaliland is presently dominated by the remittance business, which offers such services as well as checking accounts. However, several banks …
How Slow Will China Go?
China’s economic performance over the last few decades has been outstanding. Despite possessing very different institutions than those seen in the advanced economies, no doubt …
The Globalisation Disconnect
While seemingly elegant in theory, globalisation suffers in practice. That is the lesson of Brexit and of the rise of Donald Trump in the United …
The Significant Role of Women for Sustainable Development
Seated on a small wooden bench and turning the spinning wheel, with cotton in one hand and pressing the pedal by foot, the UN Secretary …
New Trend in Banking
VUCA is what the banking sector is, according to Adam Steyn, director, Financial Service Industry at Deloitte, a consultancy firm hired by Wegagen and Bank …
Old Relation, New Hope for Investment
Kassahun Yimer (PhD) has been displaying solar products from Japan at Sheraton Addis on Monday August 31, 2015. The products were made by KOYO Business …
Big Business Lights Spread Holiday Cheer
As Ethiopia prepares to usher in the New Year, 2008 by the Ethiopian calendar, some of the high rise buildings of Addis Abeba are decorated …
Horns March to Addis, as Holiday Approaches
The final run up to Ethiopian Easter, the festivity that comes after the unique fifty-five days of lent, has witnessed huge crowds of cattle traders …
New Face of Markets
When Hailu first started making commercial injera 13 years ago, it was practically taboo. In fact, four months later when Mamma Fresh Injera was unable …
Commercial Farms’ Domino Effect on Banks
For a commercial farm investor, who by profession is an agricultural economist, putting his money and energy into commercial farming demonstrates keen interest. Not only …
Advertisement Industry Thrives, with Hiccups
The walls of his office adorned with pictures, certificates and awards along with the half a century old autograph, tell a brief story of the …