9 C
Addis Ababa,Ethiopia
Addis Ababa,Ethiopia
clear sky
9 ° C
9 °
9 °
49%
2.1kmh
0%
Fri
22 °
Sat
22 °
Sun
26 °
Mon
24 °
Tue
26 °

Remember those poor bank board members, they are hurting!

I  was startled last week to read an article arguing that bank board members in Ethiopia are under paid, and that the cap by the central bank should be abandoned… The writer seems...

Yugoslavia’s Misfortune!

Google ‘Yugoslavia’ and you will read: Yugoslavia was a country in Southeast Europe during most of the 20th century…. After an economic and political crisis in the 1980s and the rise of nationalism, Yugoslavia broke...

The ‘Ferenji’ Year in Review

As always there’s good news and bad news in politics or anything related to it when reflecting on the year past or looking forward to the future. Today I want to reflect on how...

WHEN CHINA SNEEZES AFRICA CATCHES A COLD

China has become the major development partner of sub-Saharan Africa. It is now the subcontinent’s largest single trading partner and a key investor and provider of aid. In 2013, trade between China and Africa...

Anthony Lake

New bond issue set to help Africa go ‘green’

A way of bankrolling a clean energy revolutionJohannesburg, or Jozi, as it is affectionately known, is the largest commercial hub on the continent, attracting millions of visitors each year, including students, artists and business...

“LIVE WRONG. PARTY ON. PAY LATER.”

Ethiopia has always been a reliable but modest borrower (even though its debt to GDP has gone past 40%). It is now upping the stakes and going to private banks for more loans. It’s...

Growing inequality clouds Angola’s expanding economy

Angola has one of the world’s fastest growing economies. Its economy grew by 5.1% in 2013. As major public infrastructure investments in energy and transport kick in, its growth is projected to reach 7.9%...
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