Op-ed

Breaking the Margin

For many years, profit margins in Ethiopia's markets have been excessively high across various sectors. Recent data from a study by First Consult, an economic consulting firm, shows that car dealers make 67 percent profit margins on Mitsubishi Attrage vehicles, which is just one example of the inflated profits seen throughout the economy. Similar high markups are prevalent when visiting...

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From Plan B to First Choice

Exploring the bustling streets of Ethiopia's capital Addis Ababa, one encounters a vibrant mix of cultures, cuisines, and commerce. Skilled craftsmen in workshops diligently practice their trades - metalworkers sculpt breathtaking materials, leatherworkers make shoes in vibrant designs, carpenters sand smooth furniture, and potters make handmade clays, a tradition that has lasted for centuries. Their handiwork fuels the city's dynamic...

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Housing fever breaks its grip

For decades, astronomical rises in housing costs have steadily eroded affordability in Ethiopia's urban areas. What began as a sustained surge accelerated into hyperinflation as access to home ownership became unattainable for vast segments of society. However, in the last three months, the tide has shown signs of turning, with relative price stability or even decreases emerging across several property...

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Moving Beyond Personal Ties: The Need to Professionalize Ethiopian Banking

Just this month, a first-generation titan in Ethiopia’s private commercial banking industry found itself in the midst of a compulsory restructuring, extending to the ousting of its CEO/President. While I will refrain from naming the bank to avoid singling it out, it is worth noting this crisis highlights some of the core systemic issues facing the Ethiopian banking industry – issues...

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Revolution or Stagnation?

It has long puzzled financial analysts why Ethiopia's insurance industry has failed to develop at the same rapid pace as its banking sector since privatization began over three decades ago. On the surface, it seems the conditions were ripe for insurers to thrive alongside the growing number of private banks. With many insurance firms having banks as shareholders, the insurance...

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When Micro Went Macro - The Reporter Magazine | Ethiopian Magazine

In a vibrant and colorful ceremony, Ethiopian Microfinance Institutions last month celebrated a significant milestone: the 25th anniversary of their association. The event brought together executives, shareholders, industry experts, and champions of the sector's development. Amidst an atmosphere of excitement and appreciation, attendees engaged in lively discussions and panel sessions on various contemporary microfinance topics, shedding light on the remarkable...

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No Cash, No Problem

Embarking on a daring personal challenge just a fortnight ago, I set out on a mission to test the feasibility of living an entire day without cash. Absentmindedly leaving my trusty ATM card behind, I wanted to push the boundaries and see if it was possible to navigate through various transactions solely relying on digital means. Little did I know...

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Police chief killed, 29 injured

Egypt’s  rulers   have   relied   upon for   their  foreign policy on   foreign patrons and rent seeking behavior to reinforce their position.  This policy is stubbornly persistent in the face of changing Global and Regional realities. The    main    reasons    being    the relative success enjoyed by  both President    Nasser   and   President Sadat in obtaining geo strategic rent during the Cold  War, first from...

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