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Ethiopia’s journey to become a business friendly country will not be completed until after it produces a clean list of things to do and not to do

Bisrat Teshome, Special to Addis Standard, (@Bisree) 

 

On 16th of February AXIOS Business Services Pvt. Ltd. Co, a private company that organizes open coaching sessions, networking events and trainings on various business related issues to give “transformational experiences for thousands of business leaders in the country,” organized a national business forum held at the new AUC building in Addis Ababa in which close to 100 prominent business people and high level government officials came together and discussed what it means to do business in Ethiopia and what it takes to make Ethiopia become the next investment destination. 

With all its evasions during the preparations, Ethiopia’s review by the APRM has so much to be taken to heart 

Tsedale Lemma

 

The establishment in 2003 by the African Union (AU) of the African Peer Review Mechanism (APRM) has received a mixed reaction by critics and supporters alike of the continent Africa in general and the AU in particular. Pretty much styled after the Organization for Economic Co-operation and Development (OECD’s) peer review methodology, APRM’s proponents, including the AU, insist it is “a bold, unique and innovative approach designed and implemented by Africans for Africa.”

Ethiopia’s inflation has been  out of control for five consecutive years, at a great cost on the urban poor; now it looks as though it may come down to a somehow acceptable digit   

Bisrat Teshome, Special to Addis Standard

For the last five consecutive years it is a routine practice for ordinary Ethiopians to go to any given market and confront erratic prices, mostly higher, for same products purchased a few weeks, days or even hours before from the same market. Consecutive data from the country’s Central Statistics Authority (CSA) can hardly conceal this dreadful fact either. In the month of September 2008, the CSA published a data showing inflation that went through the roof (59.67%), which is the highest ever recorded in recent history of Ethiopia.