Commercial Farms’ Domino Effect on Banks
by 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 …
Official Standards Prescribed for Traditional Medicine Industry
Afework Getahun, Meri Geta, has been a traditional medicine practitioner for a decade now. Back when he was a novice to the business, he used to …
Agent Banking: Banks’ New Venture
Looking at the banners and posters posted on the entrance of small shops, Internet cafes and beauty salons around Addis Abeba, one would learn that …
New Budget Questioned Based on Auditor’s Report
Abdulaziz Mohammed, minister of Finance & Economic Cooperation, made his first budget speech since he took office from his predecessor, the long-service former finance minister, …
Rent Price, Building Numbers Go Symmetrically Up
Jemila Mohammed was busy packing her items, mainly accessories and the clothing of Muslim women, hijabs, on her display shelves on the morning of hours …
Businesses, Consumers Bear Brunt of Hoax Circulated on Goods
One week after World Blood Donors Day, the staff and administration of the Ethiopian Red Cross Society (ERCS), located on Ras Abebe Aregay Street, are …
Public Health Concerns in Booming Bottled Water Sector
With the changing lifestyle of Ethiopia’s urban population, the use of treated and bottled water has been increasing exponentially. The number of factories involved in …
D-Day for Ethiopia’s Textiles Industry
Fistum Hagos seems well aware of the risks involved with investing into the textile sector. With his familiarity of the nitty-gritty of the sector for …
Land Lease Prices Continue to Balloon in Addis
In the nation’s capital, Addis Abeba, the price of land is perpetually increasing, while the size of plots made available for lease have continued to …
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 …
Reeling It In: Cinemas Clamour for Their Stake in the Industry
Twenty three year old Rahel Kasahun is sitting on a bar stool, flipping through her phone with one hand and holding a mug half-full of …
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 …