The Fed’s $1.5 trillion loan injection, explained
by 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 …
Category: Feature
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 …
Valentine’s Day: A Pricey Love Affair
For flower farmers, getting ready for Valentine’s Day, requires planning ahead. Depending on the weather, preparation needs to start up to two months ahead of …
Car Wash Business Saves Youth from Street Life
Three hopeful and inspired boys in Dereje & his Friends Car Wash, all wearing sandals, are engaged in cleaning a couple of cars in the …
Addis Wakes Up to the Business Smell of Coffee
Coffee plays a central role in Ethiopia’s historical, traditional, and social structures; but saying coffee is loved does not do it justice. One cannot wander …
Banks’ High Cost of Making Money
Last fiscal year, shareholders of newer banks went home happier than shareholders who have been receiving dividends for longer. The money earned by each private …
Sweet Honey Faces Sour Demand
The country’s predominant Orthodox Church will soon break the Lent season, with people once again permitted to eat and drink, including meat, dairy products and …
Cultural Institutions Give Way to Funeral Business
A black van stops in front of Bet-El Funeral Arrangement on Churchill Road on the afternoon of December 20, 2015, and eight unformed young men, …
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 …
Driving Equality in Long Distance Travel Earnings
The cross country bus station on Central African Republic Street, aka Atobis Tera, is always at its busiest in the morning. Passengers dragging and holding …
New Channels Abundance Increases Competition for TV Ad Revenues
A woman sitting on the back seat of one of Addis Abeba’s iconic 12-seater blue taxi buses, was concernedly talking through her phone to someone …