Jan 2nd, 2014
My readers will note quickly that this piece is not focused on lamentations, it is not about praise, nor is it an epistle. It is rather about the predictability and authority of the National Bank of Ethiopia (NBE). Given my audience, let me first set the stage. As is true in almost all countries in [...
Apr 25th, 2013
Despite the sudden death of long-standing Prime Minister Meles Zenawi in August 2012, the smooth handover of power and his successor’s endorsement of the status quo should see stability and broad policy continuity preserved through to elections in 2015. We expect the Ethiopian economy to remain...
Mar 18th, 2013
By Tadeos Anteneh When the surprise but brief arrest of Ermias Amelga, the beleaguered head of Access Real Estate was announced last month, the cause of his arrest would have been obvious to the hundreds of customers who accuse him of letting them down by failing to deliver their long awaited dreams ...
In East Africa
Nov 16th, 2012
Ethiopia is one of the last countries in Africa to permit mobile banking. Mobile banking has proved to be profitable in the developing world, where many people still do not use banks. Earlier this year, the World Bank reported that seventy-five percent of the world’s poor are “unbanked.” That is abou...
Oct 2nd, 2012
ADDIS ABABA, Ethiopia, October 2, 2012/African Press Organization (APO)/ — On September 12, 2012, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Ethiopia.1 Background Ethiopia’s macroeconomic performance in 2011/12 has been mixed. S...
In East Africa
Jan 1st, 2011
As anticipated, the May 2010 elections greatly strengthened the hold on power of the Ethiopian People’s Revolutionary Democratic Front (EPRDF). The party now controls all but two parliamentary seats after an election that devastated and shocked the opposition. The coming year will see the EPRDF...