Abyssinia Business Network Dec 2018 by Abyssinia Business Network / ABN /

Ethiopian Christmas

Ethiopia 40.00 birr , USA 5.00 $ , Europe 5 .00 Euro , South Africa 25.00 Rand , Kenya 500 Sh ,UAE 10.00AED www .abyssiniabusinessnetwork.com Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

2 nd YEAR NO 13 ታህሳስ 2011 DEC 2018

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Editorial Team

MANAGING DIRECTOR Daniel Tiruneh

MANAGING EDITOR Getachew Alemu

EDITOR IN CHIEF Aklile Tsige

CONSULTANCY Zeima Ahmed

STAFF WRITERS Mekonnen Hailu Ketema Kebede Chacha Hirut Tesema Hiwot Salelew

Teshome Fantahun

REPORTER

Josephine Wawira Kamba Anthony

ABN: Main source of Business Information

Joseph Oduha

Designer Daniel Tiruheh Photo Sol Image

Distribution Hailu Abesse

Partners

Ethiopia Culture And Tourism Addis ababa police Commission Ethio Great Investment Support Service PLC

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Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Abyssinia Business Network (ABN) is a monthly business magazine primarily focuses on business and economics as well as development. ABN has maintained its reputation and presence since its initial publication. ABN enjoys a large number of readership including senior and middle level managers in private, public as well as non-governmental organizations. The magazine has been the number-one source of news and relevant information for both local and foreign investors as well as and entrepreneurs. ABN delivers the depth and breadth of business information to the businesses community. Each month ABN magazine delivers not only the best business news but comprehensive coverage of the latest global investment issues. A wide circle of academicians, consultants and other professionals are registered readers of the magazine. The magazine has been playing a crucial role in providing valuable information to our customers like the existing investment opportunities and business environment which is very significant to make investment decision and become lucrative in business.

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CONTENTS

In Side the Ethiopian Christmas

Born in Ethiopia and Middle 12 East’s

Drones: Bouncing Business

Why you should register 23 Your Trademark in Ethiopia

Hohete Tibeb SC(EthioParents’ School)

Increased investment in security 26

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

In Side the Ethiopian

Christmas By AklileTsige

If Western-style December hijinks are not enough, why not head for the Ethiopian cities and towns, and join the country’s January Christmas celebration-and take in a trekking holiday while you are at it? Ethiopia, one of the oldest nations in Africa, still follows the ancient Julian calendar, and celebrates Christmas on January 7. Commonly known as Ganna in the Amharic language, this’s a celebration of Christ’s birth. Like in any other Ethiopian holidays, people get dressed in white traditional garment called ‘Netela’-a thin white cotton piece of cloth with brightly colored stripes across the ends. Around the time of Ganna, men and boys play a traditional game known as Ganna, which is played with a curved stick and a round wooden ball, a bit like field hockey. This game is played because according to local tradition, the biblical shepherds were playing this game while tending their flocks on the night Jesus was born. Gone are those days when people used to cut trees particularly fir trees, spruce trees, and cedar trees, and bring them to 04

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

the house and decorating them with lights, ornaments and sweets. But nowadays, we won’t find any of these trees around, rather we’re compelled to buy artificial plastic trees with twinkling lights. For Ethiopians this holiday time is marked by good food, Church services, time spent with family and having local drinks known as ‘tela’ and ‘tej’. Part of the Ganna celebration usually involves purchasing a goat or cow, and slaughtering it for stew. Ethiopians eat traditional dishes of ‘wat’ which is a spicy thick stew

that contains meat, lentils, and vegetables. These stews are served family style on top of a huge piece of injera, which is spongy, flat, pancake-like traditional bread. These days, smaller pieces of injera are rolled up on the sides and used as an edible spoon to scoop up the ‘wat’. The domestic counters of Addis Ababa Bole International Airport are heaving with passengers going to Lalibela, a town in Northern Ethiopia which is home to what many

No visit to Ethiopia would be complete without a foray into one of its many local markets. Vibrant, colorful and defiantly resistant to Westernized mall culture, these local markets still form the economic and, arguably, social mainstay of Ethiopian village and small-town life, providing an opportunity for subsistence farmers and local artisans to sell, buy or trade goods.

consider to be one of the Seven Wonders of the World. Lalibela churches are 11 ancient monolithic structures carved out of solid granite. It’s here that many pilgrims of the Ethiopian Orthodox church from different parts of the country travel to celebrate Christmas colorfully. Christmas celebration BeteSt.Geogis Church.

Lalibela-

Biz-Christmas In the capital Addis Ababa, Christmas

Eve or a few days before this holiday see the hustle and bustle of people at various markets, malls and shops. Down town, young people are busy shopping for Christmas gifts. Addis appears to be blossomed in becoming truly cosmopolitan, if judged by the tradition of x-mas. From a visitor’s perspective, the best buys for local souvenirs include handicrafts such as crosses, hand-weaved cotton “gabbi” and “shemma”, clothes and scarves, more idiosyncratic items like goat skin, paintings and carvings

Africa’s largest open air market packed with foodstuffs, crafts and many more goods. Here it is possible to purchase anything you desire from cheap electronics to exotic fruits, from artificial X-mas trees and the accessories twinkling lights, gifts and sweets to kids apparels and shoes as well as a wide-range of household utensils. Piazza, at the heart of the city, appears to be the most accessible and convenient center of Christmas business for visitors who want to window shop or buy gift articles such as gold and silver rings, bracelets, necklaces and other X-mas related items, including Xmas cards, cookies, kids toys, eye-glasses and modern apparels . The famous holiday business venue_ the Addis Ababa Exhibition Center is one of the mostdesirable trade fair spots in the city. It’s also viewed as the hub of all entertainment , consumer and cultural activities, and is reputed events venue for regional and global exhibiting companies. Days before the holiday the center is usually crammed with shoppers buying anything they want. From gift wrapping to Christmas trees, modern apparels, shoes and bed sheets, to jewels. Here at the center, visitors can enjoy music shows presented by various music bands

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

“live” Santa accompanied by a deafening sound of holiday music coming out of megaphones at the main gates so that they could captivate the attention of any passers-by. What’s common during such festive days is the announcement of “Crazy Sale” or “Big Discount” promotion by some businesses. People usually tempted by the advertisementand buy goods for a price they think is a real discount. Nevertheless, many question the reality of the big sale. Do businesses truly and fairly motivate buyers to visit their malls and shops? Here are five ideas, according to Susan Ward November 27, 2018, for gifting your customers that will help increase Christmas sales and possibly enhance customer loyalty, too. 1.Provide a free Christmas gift wrapping program. 2.Give a Christmas gift with each purchase. 3.Provide free shipping or deliver. 4.Give customers a discount. 5.Give customers gift cards.

with young and veteran traditional vocalists. Entrepreneurs, marketers and businesses large and small have certainly all played a pivotal role in adorning the Christmas business at the center. 06

Nowadays, it’s common to see shopping mall Santas, having a life-size model of a Santa Claus that drew children to it. This spawned a trend in which store owners offer opportunities to see a real “live” Santa. The growing number of malls in Addis has recently begun displaying this real

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

The Ethiopian Christmas season, therefore, should not just be about increasing sales. It’s also about connecting with people around us, giving thanks and celebrating. It’s about stretching hands to the needy, visiting people who’rebed-ridden, search for someone to accompany them during agonizing moments. Happy Ethiopian Christmas!

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Volkswagen is set to install assembly plant in Ethiopia By: Mekonnen Hailu Volkswagen known internationally as the Volkswagen Group, is a German multinational automotive manufacturing company headquartered in Wolfsburg, Germany. Volkswagen was founded in 1937, to manufacture the car which would become known as the Beetle. In the early 1930s, the German auto industry was still largely composed of luxury models, and the average German could rarely afford anything more than a motorcycle. As a result, only one German out of 50 owned a car. Seeking a potential new market, some car makers began independent “people’s car” projects the Mercedes, Adler Auto Bahn, Steyr 55 and Hanomag, among others.

Volkswagen Group has maintained the largest market share in Europe for over two decades. The company ranked sixth in the 2017 Fortune Global 500 list of the world’s largest companies.

The company’s production grew rapidly in the 1950s and 1960s, and in 1965 it acquired Auto Union, which subsequently produced the first post-war Audi models. Volkswagen launched a new generation of front-wheel drive vehicles in the 1970s, including the Passat, Polo and Golf; the latter became its The company designs, manufactures and bestseller. distributes passenger and commercial vehicles, motorcycles, engines, and turbo machinery In 2016, it was the world’s largest and offers related services including financing, automaker by sales, overtaking leasing and fleet management. Toyota and keeping this title 08 Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

in 2017, selling 10.7 million vehicles. Volkswagen Group sells passenger cars under the Audi, Bentley, Bugatti, Lamborghini, Porsche and Volkswagen marques. VW also has two major jointventures in China (FAWVolkswagen and SAIC Volkswagen). The company’s operations in China have grown rapidly in the past decades with the country becoming its largest market. In June 2018, Volkswagen Trucks and Buses which comprise the MAN, Scania, and RIO truck brands are renamed to TRATON AG. Besides, it has been traded in the United States via American depositary receipts since 1988, currently on the OTC

Marketplace. Volkswagen delisted from the London Stock Exchange in 2013. Volkswagen Headquarter, Wolfsburg, Germany At the present time, the company has operations approximately in 150 countries and operates more than 100 production facilities across 27 countries. Ethiopia has experienced rapid economic growth since 2005 with real Gross Domestic Products (GDP) growth rate of 10.5 percent per annum compared to 5 percent for Sub-Saharan Africa between 2005 to 2017. The country has huge potential in various investment areas including in manufacturing, agriculture and service sectors. Manufacturing is the engine of economic growth and structural transformation. Ethiopia is one of the few African

countries that have formulated and implemented a full-fledged industrial development strategy since early 2000s. The growth of the manufacturing sector within industry is essential to build national technological capacity, industrial capability, technology progress, productivity and capital accumulation. Nowadays, companies from European countries, Middle East, North America, Asia and African countries have been working mostly in the area of manufacturing sector. Consequently, “Volkswagen will start assembling cars in Ethiopia in the near future,” said Gerd Muller, German Development Cooperation Minister, who is in Addis Ababa since last week. He made the statement this afternoon

at the meeting with Ethiopia’s Minister of Finance and Economic Cooperation Dr. Abraham Tekeste. Thus, MoU was signed by Dr. Abraham Tekeste and Dr. Muller to collaborate on multiple areas. The cooperation focuses on capacity development for Ethiopia’s effort of industrialization, including strengthening engineering technology applicable in multiple sectors, ranging from agriculture to manufacturing industries. The government of German has been one of the major development partners of Ethiopia, especially in capacity building education through its different development agencies GIZ, which used to be called GTZ, among others. Minister Gerd Muller has also indicated that Deutsche Telecom of Germany is interested to purchase shares in Ehio Telecom, which is the largest subscriber in Africa.

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

The

importance of targeted marketing By Dagmawi Tessema

In the current socio/ economic climate it has

become imperative for business to have a crystal clear picture of the market place and assess which if any part of the consumer pool wants or needs to buy their products and services.A business model made without consumer identification is doomed from the beginning.It is believed this is one of the key aspects that are keeping our local existing business in shackles and also keeping new business on the brink of survival. This is where targeted marketing comes into play. It’s commonly said “when you start a business, know who you are selling to”. Well that’s pretty much what target marketing is all about. For example a Company that produces children’s toys can have no illusions about its consumer identity. Whereas a Company producing let say foods and beverages may have to go the distance in their marketing endeavors so as to find out which segment of the market would consider buying their products. Target marketing can be a game changer in developing profileof targeted audience which can be made into customer base The first step of target marketing is all about the identity of your consumer. Categorizing your customer base so you will know which groups use should focus on; where you should spend your valuable time and resources; when you are promoting your product and services. This could be more 10

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

beneficial for smaller businesses that are not ready to spend a fortune on marketing and promotion. Not only that, but also the theme of your marketing strategy could be more tailored to the section of the market that is more likely to end up being a customer. This step is referred to as segmentation. There are different ways to segment a market. Some examples such as demography (age,marital status,gender) behavioralattributes (brand loyalty...), geographic (country, city, region) psychographic (personality, life style,values) are the main ones. The next step is targeting. After having a better idea about the sections in the market you want to focus on do basic research on the other company’s and service providers that are established in the same groups or sections you have also identified. It’s imperative to know exactly from where the needs of your identified group are being met. A detailed information about their price range and the satisfaction levels of their customers. This will help you compete better in sections where there is room to Co-exist and even surpass other business and shift your focus elsewhere in cases that show the targeted group already being well serviced both in prices and quality.This step will ensure you are not wasting time and resources on places or section that show no promise of customer base.In addition you will know everything about your completion which won’t hurt either. After identifying your segment and your target audience; the final step in this model is Positioning, which basically is you positioning your business in a manner best suited for your targeted market. Customizing your products and services to the competitionin preference of your potential market; key factors like pricing, product quality,promotional scale,distribution capacity and quality will have to be managed to appeal to your targeted market. The motivation that might derive your potential customers to buy your products and services has to be identified and acted on in this final step. This marketing techniques illustrated above have proven to be successful in enriching business all around the globe, existing in different economical and socio/political climates. Especially when the currenteconomic climate is trying to nurture entrepreneurial platform for those who dare to venture into owing their own business, imploring effective business and not relaying on the so called old school business management techniques is essential for improved investment returns and also for paving the road to becoming global competitors.

Thriving year for EIC Ethiopian Insurance Corporation (EIC) is the long serving Corporation (more than 42 Years), leader of the industry and state owned Corporation which was established in 1976 by proclamation No.68/1975. It was established with paid up capital of Birr 11 million (USD 1.29 million) to engage in all classes of insurance business in Ethiopia and ensure the insurance services reach the broad mass of the people. EIC was re-established as public enterprise under proclamation number 201/94 with Birr 61 million (USD 7.13 million) paid up capital in 1994 with the following new objectives: Engage in the business of rendering insurance services; Engage in any other related activities conducive to the attainment of its purposes. The 2017/18 is a thriving year for Ethiopian Insurance Corporation in major performance lines reflected with record profit (before tax) of ETB 946.3 Million showing 36 percent growth from previous year’s performance. Corporate underwriting performance, technically known as premium

income, has grown by 9.4 percent from last year same period performance and reached about ETB 3.0 Billion. Looking at premium’s composition, the General Insurance business contributes 96.1% leaving the balance to Long Term (life) insurance business. As analysis is conducted product wise, the largest share has been taken once again by Motor class of business with a lion share of 39.3 percent as the Ethiopian insurance industry do the same. In the light of ensuring its reliability to its esteemed customers, the Corporation has given the insurance cover to risks amounting to ETB 2.2 Trillion and has made the compensation of Birr 1.16 Billion to its customers for the risks covered under life, property and legal liability insurances. The risk covered (Sum insured) given by the Corporation is higher by 32.8 percent from last year’s same period performance, which was ETB 1.7 Trillion. In the continuous effort of ensuring the accessibility of our services to our new and existing customers at the nearest possible location, the corporation has 85 direct outlets throughout the country that enables it the first and the leader in the industry. To develop its business base and enhance its market share, the Corporation has deployed more than 720 sales agents, and works with brokers and banks.

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Born in Ethiopia and Middle East’s most notable expert on brand.

By Ketema Kebede Senior Editor , Middle East First, I would like to thank you for accepting our invitation to this interview. It is a great honor to know that someone born in Ethiopia and from an origin is the Middle East’s most notable consultant, author and speaker on brand. I would like to take my readers on a journey that will inspire them and show how far an Ethiopian born can reach.

Ethiopia during reign of his imperial majesty Haile Selessai. Right after the revolution, I left Ethiopia to Egypt and then Malta and later in the U.S. where I finished my education and the start of my career.

different from the mainstream. Brand is holistic and is not exclusive to just marketing, so I focused on the brand arm of marketing, found my passion there and continued with a purpose to be the best I could possibly be in this field.

ABN | What sparked your interest to pursue a career in brand ?

ABN | You authored and co-authored several books, can you share with us how that came along?

ABN | Can you tell us a bit about Well, I am a marketing graduate yourself ? from the University of Maine and I have always enjoyed marketing My name is Said Baaghil. My ethnic and consumer insight. Throughout origin is Hardrami and I was born in my career, great marketers -such as Addis Ababa, Ethiopia to a notable Alries- inspired me through their business family. My family lived in line of thoughts which was very well 12 Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Sure. It all started when I was publishing articles for “Gulf Marketing Review” in Dubai. The editor encouraged me to publish my thoughts, so I published my first book through a U.S. based publisher. This was not met with much

success but my second book “The Power of Belonging”, things changed for me and I caught the attention of international consultants and subject matter experts on brand. I co-authored two books, one of which is “Brands in Glass House” with two U.S. based authors and this was focused on content creation. ABN | I also noticed your name in two of the America’s most popular authors on brand: Dan Hill and Libby Gill. How did that happen?

look and feel. The world knows me us Unconventional Baaghil. I cannot change it and I love it! ABN | How do you feel about your upcoming speech in Ethiopia? Very excited! This will be the first time I speak in my birth place. In fact, it is an honor to get this opportunity and speak to minds that wish to evolve and understand how brands can benefit their businesses. I look forward to the event and this is the least I can do considering the current wave of change that is spurring the region.

Well, Dan sent the manuscript of his book “Emotionomics” and it took me exactly three days to read it. I submitted my praise on the fourth day and it was great honor to have my name along the world’s ABN | Tell me about your travels most notable names. Libby and I were and speaking engagements? introduced through a friend so I shared my thoughts on her book on brands to find later that my comments and praise appeared on her website.

I travel quite frequently. I spoke in major European and American cities and this will be the first time in Ethiopia and second ever in Africa after Egypt. I look forward to speaking in more African cities on brand in the future. ABN | ABN is published in Ethiopia and distributed in East Africa, Middle East etc., what is your message for our readers? Find your purpose before you decide to pursue your dream. I love Ethiopia and I wish to see Ethiopia stable and among the growing emerging markets.

ABN | There seems to be a misconception on what brand is, most people think it is only logos, what can you say about a brand? Brand is the holistic identity which defines and lays the path for the company’s purpose. Most people relate brand to marketing only, but this is as problematic as tying brand to logos. Brand is in the heart of the business strategy to serve all stakeholders. Brand is an idea that stands uniquely from any generic form and referred to by a certain name that stands fully to describe the idea, as a story in a journey filled with unique values, design and tone. ABN | Why did you choose the word “Unconventional” to be associated with your name? It literally says who I am and the things I love to do. This is one word that describes my essence as a being. It is my personal brand positioning and reflects a lot on my line of thoughts, consultancy and even my Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Let’s Network ! A foreign company wants to come to Ethiopia to open a car assembly plant. The project is estimated to cost 20 million dollars. The Investors are looking for a partner that has good financial strength, long term business experience and who is willing to take role in the management of the plant.

Financiers from Canada and UK are interested to be involved in local Agriculture, Horticulture or energy projects. The limit of the financial support is 10 million dollars. The project will be structured in the form of joint venture with a buy out option for the local company.

A company that wants to open manufacturing plant in Addis Ababa is looking to purchase a warehouse that has at least 15,000sqm built up area and another 4000 in the compound. The warehouse should be located in an industrial area of Addis Ababa and it should be in a safe, accessible neighborhood.

An Ethiopian investor is looking for a partner with expertise (know how) in metal sheet manufacturing for the 35,000sqm land that he has already acquired in Amhara region 50 km from Addis Ababa. The Investor wants to hold a majority share in the business Cost of Total Initial Investment = 120,000,000 birr

A finishing material manufacturing company from Italy is looking to enter the Ethiopian market for the first time. The company is reputable in the business with 50 years operation time. By putting local demand, availability and purchasing power into perspective, the company is willing to provide the products to agents at a very competitive price. Hence interested buyers can work with this company as sole agents or distributers.

If you are interested In any of this Networking opportunities please contact us;

14 Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Ethio Great Investment Support Service Plc Bole medhanialem Abyssinia Building 1st floor Tel:+251-116-67-46-55 Mob:+251-983-31-30-30 Email: info@ethiogreat.com www.ethiogreat.com

Let’s Network ! A local shoe manufacturing company is looking to expand its business outside of Ethiopia. As a first step to this endeavor the company has started to sell its products online, and now trying to move more goods. In order to do so the manufacturer is looking for partners that will manage its inventory sells and distribution. The company is particularly looking for partners In the USA, china, Europe and South Africa.

A financier from china is looking for energy projects to finance. The project should be on renewable energy with medium to high capacity.

A car assembly plant that will be operational in Ethiopia in 2019 wants to work with a construction company in a form of partnership. The project has already acquired a 10 H land for the operation.

A Jordanian pharmaceutical that has operated in the business for 12 years, with 22 medicines in portfolio and world class patents is looking to expand its business to the African market. Accordingly the company is looking for local investors to partner up and open a manufacturing hub in Ethiopia.

If you are interested In any of this Networking opportunities please contact us; Ethio Great Investment Support Service Plc Bole medhanialem Abyssinia Building 1st floor Tel:+251-116-67-46-55 Mob:+251-983-31-30-30 Email: info@ethiogreat.com www.ethiogreat.com

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

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Perks of Privatization in Ethiopia Contributed by Gedion G. Jalata, CEO, Center of Excellence International Consult, the viewpoints are his own and not of the consultancy firm The Ethiopian government declared to undertake partial and complete privatization on 5th June 2018. While high reforms are being undertaken, it is still in question on whether the financial sector will be open for foreign investors or not. It describes that railway service, sugar plants, industrial parks, hotels and other manufacturing enterprises could be partially or fully owned by the private sector. Precisely, several public enterprises such as large and medium scale industries, small firms operating in the retail trade sector, agriculture enterprises, hotels and tourist attractions have been transferred to the private sector. While at the same time, the government is to retain stakes in EthioTelecom, Ethiopian Airlines, hydropower plants and maritime transport enterprises, and transfer the rest to domestic and foreign investors. Such move indeed is made to boost and modernize the country’s economy.

currency shortage, which has resulted in depletion of foreign currency reserve, the shortcoming of state-owned enterprises in undertaking corporate reforms; promoting the private sector development in the economic sector and the increasing debt threshold of the country. The government subsequently established the Ethiopian Privatization Agency by law by privatizing public enterprises of different size and operating in different economic sectors. Even though the modifications are underway in recent times, the journey towards privatization commenced in 2002. Its breaking point was when the Ethiopian government flung the Privatization Program in accordance with Proclamation No.87/1994. With the verdict already being made by accommodating the concept of privatization in Ethiopia, the public and economic elites have been to and against the adopting the methodology. The supportive views towards privatization are based on the advantages of accepting the idea of ownership of various institutes and companies by the private sector. Proponent of privatization argue that private enterprises are occupied for making profits, they are more eager to cut costs therefore it is reckoned to be efficient than the public sector. privatization also helps to generate revenue required for financing development activities undertaken

The underlying factors that obliged a change includes the persistent foreign 18 Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

by the government. This fact has also been supported by some research on privatized state manufacturing enterprises - beverage, textile and leather sectors- in Ethiopia indicates. During the first Growth & Transformation Plan (GTPI), an ownership of total of 32 public enterprise were transferee to private entities either in the form of direct selling and partial share transfer. The privatization of National Tobacco Enterprise, Assela malt factory and National Alcohol that has brought in hundreds millions of dollars to the government can be a showcase. On the contrary, many opponents have made fierce debates against privatization. They conclude that it leads to less accountability and deterioration in services which will emanate distortion in efficiency. A failed remark would be the experience of Kenyan Airway. Being privatized in 1992 it has been a high loss for the past four years. On the converse, the government of Kenya has been trying to bailout the airlines. In this regard, the government has been trying to buy more shares from the airlines to regain its former control, as reported by the Air Transport World (ATW), a 50-year-old magazine and Financial Times. Despite the fact that foes of privatization argue on the fictional need of privatization. Ethiopia can create a level ground for fair and

free competition among private-public firms. Even though Public enterprises acquires autonomy, there will be rational challenge encountered by both sides to determine their existence through the market forces. There are concerns on the vary of execution cause by lack of experience on the private sector. There are risks where the relocation might deteriorate the conditions of privatized industries if the new owners and their managers did not have a prior experience or adequate information on how to effectively manage privatized enterprises by taking into account their peculiar conditions. Profit maximization being their principal motive, private firms may lay off workers, whose social cost may not be bearable in developing countries like Ethiopia. Profit maximization being their principal motive, private firms may lay off workers, whose social cost may not be bearable in developing countries like Ethiopia. As the Ethiopian private sector, despite showing a considerable growth in size, is still weak and fragile, there would be many gaps if government withdraws from and leaves the economy to private firms. The role of the state should not be limited to the provision of certain economic and social infrastructures. The state should be able to invest in areas where the private sector is incapable of partaking due to fear of long gestation periods, huge capital requirements and less profitable. It should also maintain large ventures under its disposal, the privatization of which might cause social shocks in the process of restructuring. This could create additional production capacity and employment opportunities in the economy. In this context, a cautious move towards privatization

journey is timely and pertinent for Ethiopia. Countries where the state governs the market have been very successful. It is also important to recall the global financial crisis of 2007 and the associated series state bailout measures by the developed countries including the US, which brought back the debate on the role of the state in economic development abundantly. The instance that most illustrates productive outcome of governed markets is he economic rise of South East Asian countries. Naming Hong Kong, Singapore, South Korea and Taiwan known as the ‘four tigers’ were economies in which the states had ‘governed markets’ to ensure high levels of accumulation, technology absorption and conquest of foreign markets. The economic rise of as global economic force also reminds us the role of the state in the development process.

This is mainly since the developmental State trajectory of African countries was reversed by the Structural Adjustment Programme (SAP) of the 1970s and 1980s except for Botswana and Mauritius. SAP has managed to continue their developmental state trajectory and helped them to be among the middle income countries.

The overhead point of view on the subject indicates that now is the certain time to study the impact of past privatization in the country in order to draw an important lesson before we embark the new initiative on privatization.

to harness local, bottom-up problem solving and opportunity-creating energies; and embraces a wide range of governance modalities and mechanisms action, to achieve a national development vision” (2009:15). Therefore, the role of a strong democratic developmental state, rare bird in the governance terrain, is to bring inclusive economic transformation and equity. This quality is boldly underlined priorities in both SDGs and Agenda 2063’s ten-year plan. This factors indicate that its inevitable for African countries.

However, as to my personal observation, I figure that it cautious and pragmatic approach adopted by the government may not result in the weakening and ultimate demise of developmental state as it happened in many African countries.

Ethiopia’s trend still indicates that the government still in the driver seat. The state will retain the majority share in the strategic sector of the economy such as the airlines, telecom, and energy generation among others. To sum up, it is worthy quoting UNCTAD report: “what is required is a new [democratic] developmental State that is adapted to the challenges of the twenty-first century; creates and renews the microfoundations of democratic practice

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Womanhood in Ethiopia

By Tsigereda Zewudu

“When you educate a man you educate an individual, but when you educate a woman you educate the whole family.”

he basic unit of society is a woman as she makes a family, family makes a home and homes make a society. She is the inherent part of our society and an important element of our humanity. She plays her roles with great responsibilities in upbringing of a healthy solid society. She is believed to have her aspiration, abilities and qualities as a man does have and it is also agreed that she should have the opportunities to develop her faculties and to express them according to her own choice. The very first and best school of child is its mother’s lap. From behavioral to health education, women have their hands in. It’s a women who teaches how to behave, how to speak and how to deal with different classes of people. A good healthy society

doesn’t automatically emerge on its own and stands firm but it needs to be emerged and for its emergence women play a pivotal role. Since she plays roles as a mother, a sister, a daughter, a wife, she can help the society in various ways. She can engage in social activities and work for the betterment of the society. These all indicates women are the main contributors in building up a strong society. We all know that without education, no development is possible likewise we should never think that a society would come into existence without the contribution of women. The role of women in society has been greatly overseen in the last few decades but now it is coming to a more positive perspective. In the early days women were seen only

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as wives who were intended to cook, clean, and take care of the kids. They were not even allowed to vote while men took care of having jobs and paying any bills that had to be paid. Although women in much of the world have gained significant legal rights, many people believe that women still do not have equality with men. This is evident at home, at their workplace, and in society in general. The traditional role of man was to work and make money, which would be used by all in the household. The traditional role of the women was to stay at home, take care of the children, clean the house, and cook. Because society has always associated money with power, the person bringing home the money had the power. The problem is that there are still more

getting Image job offers for men and it is still easier for a man to climb the social ladder. A man can have both a family and a successful career whereas women want to fulfill themselves as professionals have to sacrifice their personal life in most cases or, if they choose to have a family as well, they are sometimes regarded as bad mothers because they don’t allocate 24 hours a day to raising their children.

dedicated their entire life to raising the children and being a good wife, get divorced or, even worse, became widows. In such situations many of them find it impossible to find a place to work and have to live in more or less poverty. Without women a man wouldn’t be a man at all and would not have the comfort of having someone by his side through the rough and bad times.

Taking these considerations into account, it is still a problem for many women to assert themselves, irrespective of their educational background. Furthermore, many women choose to lead an unhappy life for fear that they wouldn’t be able to find a job, because many employers would still choose to employ a man over a woman. There are unfortunate cases when women who have

Fortunately, more women have made vast improvements in their lifestyles in the past few decades from holding positions in governments to simple things like getting a job and supporting themselves. We cannot forget that a women’s life is a lot more complicated than a man’s life. A woman has to take care of her own personal life and if she is a mother, she also has to take care of

her children’s life. Women will always be important to society because they bring a sense of love, and emotion, and for this reason a least, society should start considering their situation more carefully. All in all, there is a lot be done regarding to increasing the role of women in a society. Women are not only for home - making and child – rearing but they must also be given chance to put their hands a little forward in building up of a good solid society. A good solid society is a good indication of development. In order for a society to be a pure society, both men and women should think, dress and behave in ways that allow pure thoughts and actions to dominate the way of life and create a social climate conducive to the achievement of the real goal of life.

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Employment Relationship and Contract of Employment

By: Yonas Mulatu Investment and Immigration in Ethiopia Ethiopia has been one of the fastest growing economies in the world for the last ten years. The economic growth was matched by growing foreign direct investment (FDI) into the country. Growth in FDI has also meant increasing number of expatriates residing in Ethiopia. In this piece, we will discuss the immigration rules and regulations governing foreign residence in Ethiopia. The two basic laws that govern immigration matters in Ethiopia are: The Immigration Proclamation No. 354/2004 (“Proclamation”) and the Council of Ministers Immigration Regulation No. 114/2004. The Main Department for Immigration and Nationality Affairs (“Office”) is the key regulatory body that implements these laws. The Office has enacted directives and circulars that further govern the immigration of foreign nationals. One of the basic requirements for a foreigner to enter into Ethiopia is a valid Visa, with the exception of Kenya and Djibouti, that have a special agreement with Ethiopia. There are different types of visas such as Tourist Visa, Business Visa, Diplomatic Visas etc. All investors seeking to do business in Ethiopia must enter the country with a valid Business Visa.

As part of facilitating Foreign Investment and offering one stop shop services, the Ethiopian Investment Commission (EIC) provides visa services by liaising with the Office. The key documents that must be presented to the EIC for business visa applications are:

The office has also launched an e-VISA site where by gusts can apply for a Visa online. The requirements and fees are all mentioned in the site. A Tourist, Investment, Conference and other types of Visas can be obtained from the e-VISA site.

A Business Visa can be given for a) Passport Scan/Copy of the thirty days or ninety days and applicant, a single entry or multiple entry b) Residence Permit if the depending on the request presented visitor is living/working in a to the Immigration Office.There is country other than the origin of a possibility to get an extension the passport, of a Business Visa up to two c) Travel Information times. However, if the investors (Arrival and departure date and intends to work in Ethiopia for a airlines), longer period, he/she must obtain d) Brief company profile and a work permit from the Ministry of purpose of visit description. Labor and Social Affairs. A person Once the above documents are holding a work permit will be fulfilled, the Office will issue granted with a Residence Permit a Business Visain two ways, from the Office later on. depending on the country where the Investor is from. An entry visa may be denied or cancelled if the applicant: 1. Visa at Ethiopian Embassy: For those countries with Ethiopian Embassy, the office will directly send the letter to the Embassy where the investor will receive their Visa. At the same time the EIC will forward to the visitor the received slip. The investors can then go with passport and slip in hand and process the visa at the Ethiopian Embassy/Consulate.

a. has no visible means of support or is likely to become a public burden, b. is found to be a notorious criminal, c. has been declared to be a drug addict, d. has been suspected of suffering from a dangerous contagious disease, e. has been found to be a threat to the security of Ethiopia, f. has furnished fraudulent information, g. has violated the provisions of the Immigration Proclamation or Regulation.

2. Visa on Arrival: Whereas for those countries that do not have Ethiopian Embassy, a Business Visa on arrival will be requested and provided for the investors. The EIC will request for a letter from the Immigration office. This letter will be shared with the investor and is to be presented at the Airport You can reach MTA through alongside the passport for Visa. A www.mtalawoffice.comand info@ fee of 50 - 75 USD will be required mtalawoffice.com for the Visa. Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Luxury tree houses that will bring to life your childhood fantasies

Glamping Tree House in Santa Cruz Mountains, California

This incredibly designed and well-equipped luxury tree house is tucked away in the Santa Cruz Mountains near Monterey Bay, and can accommodate up to four guests. Fit for both hikers in the ancient redwood forests and beach lovers, the eco-friendly house is a perfect hideout where you can stay with family or group of friends. A fully equipped kitchen is available for your home-made meals. Enjoy a relaxing hot bath in the private tub under the trees, for a perfect soak before bed. By Josephine Wawira

Remember that backyard escape with your siblings to a tree house? Or a lazy solo afternoon of quiet to read, relax and reflect on the events of your youthful days? Oh, how sometimes we wish to relive those moments where we can just forget, even for a weekend, the stresses of our adult life, and hideaway amidst tree branches. Well, with glamping hub, it is still possible to fulfill your childhood fantasies with a perfect opportunity to spend a cherished night and to wake up to the chirping of the birds among the trees. Here are tree house accommodations you want to try.

Inviting tree house near Big Sur, California

Spanning a full 19 acres, this property gives glampers an expansive, secluded area to explore at their own pace. Enjoy the serenity and quiet, a cool shade in summer that the surrounding Big Sur redwood forest provides. After your day long explorations, soak in the luxurious clawfoot bathtub located on the deck, while staring up into the sky for an amazing star-gazing experience. A fully equipped kitchen and dining table allow guests to cook all their own meals, while the high-tech heaters keep the tree houses warm and cozy. Wi-Fi is available upon request for those who wish to stay connected.

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Romantic Tree House in the Redwoods of Santa Cruz, Chattanooga Tree House in the North Georgia Woodlands California

Also nested in the redwoods forest and just outside of downtown Santa Cruz, this romantic tree house can sleep up to two guests. It comes with all new pine interior with oak floors, modern tiled bathroom with sink and shower. This onebedroom property is in a gated community, offering privacy and onsite parking. The wooden canyon view and a nice redwood entry deck lets you appreciate the surrounding tranquility.

Tree House Style Cabin in the Snow-Capped Mt. Adams, Washington

The ultimate destination for a treetop experience in Flintstone, Georgia, this hideaway accommodates up to four guests and is located just 15 minutes from downtown Chattanooga at the base of Lookout Mountain. Ideal for a romantic getaway, glampers are nestled in the beautiful woods of Georgia with relaxation, and adventure! Star gazing from the loft room will give you the ultimate experience. The spacious bathroom is fully appointed to include heated floors, and an expansive walk-in shower with digital temperature control, and a glass-enclosed tree to bring the outside in. Guests can spend time on the two private decks and toast marshmallows at the private fire pit on the forest floor!

Tree House Style Cabin in the Snow-Capped Mt. Adams, Washington This unique and secluded tree house perched in Flintstone, Georgia, close to the majestic Appalachian Mountains is ridiculously cool. It boasts of a quirky and vintage style, with an incredible flooring made from hundreds of sparkling pennies.

For those who prefer the camping end of the spectrum, this two-story tree house style cabin is the perfect option. A hand-crafted, circular staircase provides access to the upper floor. It is uniquely furnished to create a warm and friendly atmosphere, while allowing guests to snooze away in comfort and privacy. All amenities necessary for a relaxing stay at the tree house are provided for glampers’ use. The year-round hot tub on the deck adjacent to the living room will increase guests’ enjoyment of this serene setting.of comfort using the property’s state-ofthe-art climate control, and a private outdoor fire pit which comes with its very own s’mores kit for the complete outdoor experience.

In the evenings, curl up in the light and airy living room, reading a good book from your favorite collection, or catch up on the day’s events. During the day, catch amazing views from the floor-to-ceiling windows. Prepare a delightful meal in the compact and functional kitchenette, which also contains a selection of free snacks and chilled drinks. Whatever the weather and occasion, you are assured

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Increased investment in security, soaring Kenya’s tourism By Josephine Wawira

clashes, and/or terrorist threats often lead to tourists scare and travel advisories from major tourism markets. Apart from notable bans that Kenya has previously received from the UK and the US among others, Uganda is currently suffering a blow as The United States and Canada issue travel warnings against the country, following ongoing protests over Bobi Wine’s arrest. As a result, we experience a significant drop in tourism revenues; as one of the major contributors to Kenya’s GDP; which is projected to rebound to 6% by end of 2018 and 7% by 2019 from a low of 4.9% in 2017. Towards putting in place strategies that would cushion the industry

Kenya’s tourism industry is increasingly driving exports and providing foreign exchange, earning the country tourism expenditures of about 1.2 billion US Dollars in 2017. This represented a 20% increase from approximately 989 million US Dollars in 2016, according to a hospitality report by Jumia Travel. This improving sector performance is being facilitated by various factors, among them a steady macroeconomic environment, improved budgetary allocations by the government, increased air connectivity within Africa, infrastructural developments like The Standard Gauge Railway, and enhanced security in the country. This article focuses on the later element. Image by Olivier Le Moal Security concerns in any country can weigh a great deal on the tourism industry; as instances including political tensions, tribal 26 Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Image by Sergey Novikov

from any turbulence, the Kenyan government has in recent years increasingly fortified security mechanisms. In a report by the Oxford Business Group, security upgrades were a major government focus in the FY 2015/2016 budget, with a surge in military and police funding of $2.3bn up from $2bn during the FY 2014/15. The same report further notes that the government also worked on measures to improve Kenya’s tourism image internationally, by increasing the budgetary allocation to the Ministry of Tourism by 91%, to Ksh10.7bn ($104.4m) in the FY 2015/2016. Out of this, Ksh4.5bn ($43.9m) was channeled into marketing Kenya’s tourism products, with a full recovery in performance expected by the end of 2018.

The impact of these efforts are already paying off. We are seeing less reported cases of insecurity that pose a threat to the growth of the industry; and an impressive drop in travel advisories into major tourist destinations in the country. Notably, as a result of the increased stability, Kenya received record 1.4 million international tourists in 2017, up from 1.3 million in the previous year. Respectively, domestic tourists spent approximately 4 million bed nights in 2017, growing their expenditure with 16%. It is therefore assertive to state that the industry still holds massive potential for better performance in coming years, if among other factors, security is highly maintained not only in Kenya but also across the region.

Jumia Food Launches Online Pre-Payments in Kenya and Uganda

Jumia Food customers can now pre-pay for their food deliveries, as the online food delivering company commences online pre-payment options (credit cards and mobile payments) in Kenya and Uganda. This new payment option leverages the prominence of online payments in Africa, a continent that boasted 100 million active mobile money accounts in 2017.

“The process of paying for your food just got a lot easier, with the introduction of online pre-payments. This is in addition to the post-payment option, which highly featured cash and Mpesa on delivery. We are now providing our customers with the security and freedom to pay via safe online and mobile payment platforms from wherever they are,” said Shreenal Ruparelia, Jumia Food Kenya MD. While cash on delivery as a mode of payment is still high in the country, the market is swiftly shifting in a bid to provide e-payment services to an increasingly diverse, demanding and trusting clientele. According to Shreenal, the uptake of prepayments by Jumia Food will ensure better customer experience, reduce pilferage for the restaurants as well as offer food customers more choice in regards to payment options. About Jumia Food Jumia Food Kenya is currently the leading food delivery service provider in Kenya with a listing of over 200 restaurants in Nairobi and Mombasa supplying a variety of cuisines including: Kenyan, Chinese, Indian, Thai among others. Jumia Food is present in eleven countries in Africa including Nigeria, Morocco and Uganda 2,000 restaurants Partners across Africa. It enhances the customer experience through timely delivery and seamless customer, operational and marketing support. Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Drones: Bouncing Business

A few years back, in Ethiopia, a permit from the Office of Government Communications Affairs used to be secured through paying $50 for photography and $100 for the drone. In addition, a company or a person who secured the permit had to recalibrate, prior to each drone flight, the drone compass due to the volcanic activity and the resultant differences in the magnetic field.

By Aklile Tsige

My cell phone was ringing ……..I picked it up and said, “Hello! Dear” “Please come to me! I’m at Bole Airport” said someone from the other endwith sobbing voice. She was my cousin. I had to move… It was painful to see this strong and industrious girl like this. All I could do was embrace her and let the torrent of her tears soak through my shirt. I could feel her clench, her fists, not knowing whether to be mad or to give up hope all together. I could hear her silently screaming, suffocating with each breath she took holding onto her pride. I ran my fingers through her hair, time and time again, in an attempt to calm the silent war within her mind. After minutes of silence she angrily told me the drone her brother had sent her from abroad was seized by the airport custom authority. Unfortunately, there was nothing I could help her except sharing the pain. Lucky are those who have intentionally or unknowingly managed to import or bring with them various types of drones into Ethiopia until the concerned custom office was given strict order from the Federal Government to ban the entry of this new technology. While these people have been enjoying the application and uses of drone secretly others are shedding tears standing at concerned office doors, demanding the release of their drones mainly from Addis Ababa Bole International Airport Customs and Security. 28 Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

History has it that It was on February 4, 2002, the CIA first used an unmanned predator drone in a targeted killing. The strike was in Pakita Province in Afghanistan, near the city of Khost, and the intended target was Osama bin Laden, or at least someone in the CIA had thought so. As we are probably aware, many individual entrepreneurs, small business and large companies are putting robotic aircraft to good use. Non-military drones have become an inexpensive and accessible way to help accomplish many tasks. To most people, a drone is one of the two very different kinds of pilotless aircraft: a toy or a weapon. But once you have a flying camera, there are lots of things you can do with it. Journalism, filming, aerial photography, shipping, disaster management, search and rescue, structural safety inspections, wildlife monitoring, border patrol and storm tracking or forecasting as well as agricultural precision are the main applications and uses of drones different private and state institutions worldwide make to enhance their businesses.

As a script writer for some documentary film production companies, I have witnessed that producers use drones to shoot top views of mountains, tall buildings and wide sceneries. Some of the lucky ones also make money by renting their drones to other film production companies.

of the law, adding that the endorsement of the law is very crucial as it significantly contributes to the various development endeavors being undertaken across the country.

No one is there to control or monitor the movement of these drones; no permission is requested to operate them; nobody knows who to ask for permission, and many don’t know whether it requires law, regulations or a sort of license, and the lucky ones have continued to take advantage of their escaped Drones. This time around, custom and security authority officials pointed their fingers to two government institutions: the Ethiopian Civil Aviation Authority/ECAA/ and Information Network Security Agency /INSA/ as responsible organs for the permission. Nevertheless, both institutions seem to have confusion as to which party is responsible for the entry permitsince there is no clear legal framework on the subject. Laws on the use of drone have not yet been endorsedin Ethiopia despite the growing demand through time. It’s obvious that the use of drones in different socio-economic activities in developing countries like ours is of paramount importance. Officials in the Ethiopian Civil Aviation Authority have recently disclosed that they are striving hard to the realization

The increased use of drones for civilian applications has presented many countries with regulatory challenges. Such challenges include the need to ensure that drones are operated safely, without harming public and national security, and in a way that would protect areas of natural, historical, or natural importance. Assume that drone regulation has now been effected in Ethiopia and you bought a drone. You’re probably chomping at the bit to get the battery charged and take it out for the first test flight. But before you do, you need to be aware of the rules and regulations, which I believe;ECAA would put in place for flying drones in Ethiopia soon. And you should also be aware of your rights and rights of those around you. Imagine a drone flying over the roofs at your village and delivering small packages, breads, letters, medicines, beverages, and most importantly, sugar and edible oil at short distances. Imagine a drone with thermal sensors quickly discovering the location of lost persons especially at night or in challenging terrain. Can you imagine how pleasant and wonderful life would be? Look up the sky! No drone around? Have some patience! Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Dashen Bank partners with WorldRemit for digital money transfers to Ethiopia

New partnership will allow WorldRemit customers in over 50 countries to send money instantly to Dashen bank accounts and hundreds of new cash pickup locations across Ethiopia Leading digital money transfer service WorldRemit has teamed up with Dashen Bank for instant money transfers across Ethiopia. The Ethiopian diaspora in over 50 countries can now send instant money transfers directly to Dashen bank accounts as well as 370+ new cash pickup locations at Dashen bank branches, using the WorldRemit app or website. This deal supports WorldRemit’s plan to serve 10 million customers connected to emerging markets by 2020. With a two million-strong Ethiopian diaspora living in countries such as United States, the United Kingdom, Australia and Canada, remittances play an important role in Ethiopia’s economy. However, the majority of its remittance flows are still going through informal, unregulated channels. Some estimates suggest that Ethiopia may have received over $3 billion in remittances in 2015, accounting for over 7% of its GDP. Dashen is one of Ethiopia’s leading banks with 1.8 million customers and 372 branches across the country. It is renowned for introducing new technologies and services to the local banking industry, complementing WorldRemit’s mobile-first approach.

Andrew Stewart, Managing Director of Middle East and Africa at WorldRemit, comments: “We are delighted to be partnering with Dashen Bank, a leading financial institution in Ethiopia and one of the country’s early adopters of digital financial services. Our partnership with Dashen will drive convenience and ease of banking, and offer recipients a greater choice of pickup locations across Ethiopia.” Mulugeta Alebachew, Director of the Marketing and Corporate Communications Department at Dashen Bank comments: “We are delighted to partner with WorldRemit and look forward to a bright future.” Last year WorldRemit became Arsenal FC’s first-ever online money transfer partner in a global sponsorship deal. WorldRemit customers complete one million transfers every month from 50 countries to over 145 destinations. More than half of its transfers go to Africa.

About Dashen Bank Dashen Bank coined its name from the highest peak in the Country, Mount Dashen, and aspires to be unparalleled in banking services. Headquartered in Addis Ababa, the bank is among the biggest private Banks in Ethiopia. It operates through a network of more than 372 branches, 10 dedicated Forex Bureaus, 305 ATMs and 837 plus Point-of-Sale (POS) terminals spread across the length and breadth of the nation.

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It has established correspondent banking relationship with 461 banks covering 70 countries and 170 cities across the world. Wherever business takes customers around the world, Dashen Bank is already there. Dashen is the most reputable brand in the domestic banking market; a reputation earned through consistent delivery of values and preeminence unmatched by its competitors. The Bank also works in partnership with leading brands in the electronic payments industry (AMEX, VISA, MasterCard &Union Pay) and prominent money transfer operators (Western Union, MoneyGram, Express Money, WorldRemit, & Dahabshiil, Ezremit, Transfast, KAAH and Ria). Current Status The bank, which was established with a paid up capital of Birr 14.9 million, has grown in leaps and bounds in the past 22 years. The following figures indicate the position of the Bank. Total assets (as at June 30, 2017) ETB 34.6 billion Deposits (as at June 30, 2017) ETB 27.8 billion Loans & advances (as at June 30, 2017) ETB 17.7 billion Profit before tax (as at June 30, 2017) ETB 980 million Number of Area branches 372 Number of Foreign Exchange Offices 10

About NIB Bank Nib International Bank (NIB) partners with WorldRemit for digital money transfers to Ethiopia WorldRemit customers in over 50 countries can now send money quickly and securely to more than 700,000 NIB Bank accounts and 214 new cash pickup locations directly from their phones

“Ethiopia is one of our fastest growing markets in East Africa and we are delighted to be having NIB”, one of the leading banks in Ethiopia, to our partner network.

Leading digital money transfer service WorldRemit has partnered with Nib “Our partnership will connect over International Bank (NIB) for online 700,000 NIB customers to our best in class online money transfer money transfers to Ethiopia. experience and offer recipients a The new partnership allows Ethiopians wider variety of convenient cash living in over 50 countries to send digital pickup locations.” money transfers to 700,000 NIB accounts and 215 cash pickup locations or branches Welella Mohammed, Manager, across Ethiopia from Dilla to Shire and Public Relations & Promotion at NIB Bank, comments: We are Nekemte to Dire Dawa. delighted to partner with Transactions to Ethiopia via WorldRemit WorldRemit, best in class and have grown by over 160% this year. Top leading digital money transfer senders to the country include Australia, service in the world. We believe that this strategic partnership is the USA, the UK and Canada. a milestone achievement for us The partnership supports WorldRemit’s towards the bank’s endeavour in plan to serve 10 million customers the digitization of the remittance connected to emerging markets by 2020. service and we strongly believe the ever dynamic and growing demand Remittances play an important role in of our current and future customers Ethiopia’s economy, with estimates can be well addressed. suggesting that the country may have received over $4 billion in remittances in 2017 However, the majority of Ethiopia’s Last year WorldRemit became remittance flows are sent through Arsenal FC’s first-ever online informal, unregulated channels, which money transfer partner in a global increases the cost and inconvenience of sponsorship deal. WorldRemit customers complete one million sending money. transfers every month from over 50 Andrew Stewart, Managing Director of countries to over 145 destinations. Middle East and Africa at WorldRemit, More than half of its transfers go to Africa. comments:

Nib International Bank (NIB) was established with the paid up Capital of birr 27.6 million and authorized capital of Birr 150 million by 717 Shareholders. The Bank commenced the operation in 28 October 1999 by 27 employees. It joined the banking industry as the sixth private bank licensed in the country. The Bank implemented Mobile and Internet Banking and deployed state-of-the-art payment switch through which it issues NIB cards and has placed its ATM’s at various locations throughout the Country to provide its diversified products in convenient ways to our esteemed customers. Moreover, to enhance the application of modern banking technologies and to provide competitive service via a wide range of card banking services,the Bank has established a strategic partnership with MasterCard, VISA and Union Pay branded cards which are one of the break throughs to provide international payment service. The Bank has registered a steady growth and achievement in all aspects of its operations since its establishment. At the end of financial year 2016/17, its total deposits and loans and advances stood at about Birr 16.4 billion and Birr 10.9 billion respectively. Total assets also grew to about Birr 21.1 billion and paid up capital to Birr 1.8 billion. The level of net profit before tax and after tax reached Birr 681.5 million and Birr 516.4 million in 2016/17 respectively. The Bank’s shareholders are close to 4,000 and the total number of customers exceeds 520,000. The Bank’s employees reached more than 3,600 as at June 2017.

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

ተወልደው ያደጉት አዲስ አበባ ወስጥ ነው፡፡ የኒያላ፣ የሙገርና የጉምሩክ ክለቦችን አሰልጥነዋል፡፡ የኢትዮጵያ ብሔራዊ ቡድንንም በምክትል አሰልጣኝነት አገልግለዋል፡፡ በኋላም የአል-ሂላል ክለብን ለማሰልጠን ወደየመን አቅንተው ከክለቡ ጋር ውጤታማ ሆነዋል፡፡ የየመንን ኦሎምፒክ ብሔራዊ ቡድን እንዲሁም ዋናውን ብሔራዊ ቡድን በአሰልጣኝነት መርተዋል፡ ፡ ኢትዮጵያዊው አብርሃም መብራህቱ በርስ በርስ ጦርነት የምትናጠውን የመንን በታሪኳ ለመጀመሪያ ጊዜ ዱባይ ላይ ለሚደረገው የ2019 የኤዥያ ዋንጫ እንድታልፍ አስችለዋታል፡ ፡ በመጨረሻም የደረሳቸውን ጥሪ ተቀብለው ወደሃገራቸው የተመለሱት አዲሱ የኢትዮጵያ ብሔራዊ ቡድን አሰልጣኝ ኢንስትራከተር አብርሃም መብራህቱ የዚህ ወር የአቢሲኒያ ቢዝነስ ሪቪው መጽሔት እንግዳ ናቸው፤ መልካም ንባብ፡፡ አቢሲኒያ፡- በየመን የነበርዎ ቆይታ ምን ይመስላል አሰልጣኝ እንፈልጋለን ሲል እነሱም ለምን አብርሃም፡- በመጀመሪያ የሄድኩት አል-ሂላል የሚባል ክለብን ለማሰልጠን ነበር፡፡ በጊዜው ብርሃኑ ቃሲምና ስዑድ የሚባል የአዳማ ልጅ በክለቡ ይጫወቱ ነበር፡፡ ክለቡ ኢትዮጵያዊ

አትመጣም አሉኝ፡፡ ከክለቡ ጋር ተነጋገርኩና ክለቡን ተረከብኩ፡፡ በዛው ዓመትም ከአልሂላል ጋር ለኤዥያ ኮንፌዴሬሽን ዋንጫ መሳተፍ ቻልን በውድድሩም ከአራት ቡድኖች ሶስተኛ ሆነን አጠናቀቅን፡፡ ይህን

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

ውጤት ተከትሎ የየመንን የኦሎምፒክ ብሄራዊ ቡድን እንዳሰለጥን ጥሪ ቀረበልኝ፡ ፡ ጥሪውን ተቀብዬ የኦሎምፒክ ቡድኑን ለአራት ዓመታት አሰለጠንኩ በዚህም ወቅት የየመንን ብሔራዊ የኦሎምፒክ ቡድን ኦማን ላይ ለተደረገው የኤዥያ ዋንጫ ማሳለፍ ቻልኩ፡፡ ዓለም ዓቀፉ የእግር ኳስ ማህበራት ፌዴሬሽን ሁሉም ብሔራዊ ቡድኖች የእግር ኳስ ዳይሬክተር እንዲኖራቸው ብሎ በላከው ሰርኩላር መሰረት የነበረኝን ስኬት ተመልክቶ የየመን ብሄራዊ ቡድን ከአሰልጣኝነቱ ጎን ለጎን እንድሰራ ያቀረበልኝን ጥሪ ተቀብዬ ከኦሎምፒክ ቡድኑ ጎን ለጎን የእግር ኳስ ዳይሬክተር ሆኜ መስራት ጀመርኩ፡፡ ከዛም በየመን በተከሰተውን የፖለቲካ አለመረጋጋት ተከትሎ የውጭ አሰልጣኞች

ሳልካፈል የሃገሬን ጥሪ ተቀብዬ ወደዚ መጣሁ ማለት ጥሪ ለማድረግ አልተቸገሩም ነው፡፡

አብርሃም፡- ለሊጉ ራቅ ልበል እንጂ ለኢትዮጵያ አቢሲኒያ፡- በየመን ብሔራዊ ቡድን ላስመዘገቡት እግር ኳስ ሩቅ አልነበርኩም፡፡ በዓመት አንድም፣ ውጤት ምስጢሩ ምን ይሆን ሁለትም ጊዜ እየመጣው የካፍ ኮርሶችን እሰጥ ስለነበር ከኢትዮጵውያን አሰልጣኞችም ጋር አብርሃም፡- ዋናው ቁልፍ ነገር ከቡድኑ ጋር በቅርብ እገናኝ ነበር፡፡ ቡድኑን እይዛለው አብረን መቆየታችን ነው፡፡ ከኦሎምፒክ ቡድኑ ብዬ ሳይሆን የካፍ ስልጠናዎችን ስለምሰጥ ጋር ልጆቹ በወጣትነታቸው አብረን መስራታችን ለማስተማር እንዲያግዘኝ ሁሉንም የኢትዮጵያ በዋናው ቡድን ውጤታማ አድርጎናል፡፡ በተጨማሪ ብሔራዊ ቡድን ጨዋታዎች እከታተል ነበር፡፡ የልጆቹ ለሃገራቸው ታሪክ የመሥራት ፍላጎት ይህም በቂ እንዳልሆነ ስለተገነዘብኩ ኃላፊነቱን ዋናው የስኬታችን ምስጢር ነው፡፡ እንደተረከብኩ ከአምስት የተለያዩ የፕሪሚየር ሊግ አሰልጣኞች ጋር በተለያየ ጊዜ ተቀምጬ አቢሲኒያ፡- የኢትዮጵያ ብሔራዊ ቡድንን ጥሪ በየኣንዳንዱ ቦታ ላይ በወቅታዊ አቋማቸው የሰሙት በምን ሁኔታ ነው ሶስት ሶስት ተጫዋቾችን እንዲመርጡልኝ አደረግኩ፡፡ የመረጥኳቸው ረዳት አሰልጣኞች አብርሃም፡- 2019 ዱባይ ላይ ለሚደረገው ሶስቱም እንደምታውቀው በሊጉ ረጅም የኤዥያ ሻምፒዮን አቅደን እየተዘጋጀን ባለንበት ዓመታት በመጫወት፣ በማሰልጠን እንዲሁም ሁኔታ ነበር ጥሪው የመጣው፡፡ እኔም የሃገሬ በሥነምግባራቸው የተመሰከረላቸው ናቸው፡ ፍቅር አሸንፎኝ ዝግጅቱን አቋርጬ ወደዚህ ፡ ከረዳቶቼ ጋር በመሆን ከተመረጡት መጥቻለው ማለት ነው ፡፡ ተጫዋቾች ውስጥ 30 ተጫዋቾችን መረጥን፣ ከውጭ ሃገራት ደግሞ ለአራት ተጫዋቾች ጥሪ አቢሲኒያ፡- ብሔራዊ ቡድኑን እንዲመሩ ሲጠየቁ አድርገን በአጠቃላይ 34 ተጫዋቾች መረጥን ምን ተሰማዎ ማለት ነው፡፡

ወደየመን መግባት ስላልቻሉ የብሔራዊ በድኑን እንዳሰለጥን ተጠየቅኩ፤ እኔም ጥያቄውን በጸጋ ተቀብዬ የቴክኒክ ዳይሬክተርነቱን በመተው በኦሎምፒክ ቡድን ውስጥ የነበሩ ልጆችን ይዤ እንዲሁም ጥቂት ተጫዋቾችን በመጨመር ዋና ቡድኑን ማሰልጠን ጀመርኩ፡ ፡ ከህዳር 2016 ጀምሬ ወደዚህ እስከመጣሁበት 2018 ሐምሌ ወር ድረስ ዋናውን ቡድን ስመራ ቆይቼ የመንን በታሪኳ ለመጀመሪያ ጊዜ በ2019 ዱባይ ላይ ለሚደረገው የኤዥያ ዋንጫ ማለፍ ቻልኩ ውድድሩንም

አብርሃም፡- የሃገርን ብሔራዊ ቡድን ማሰልጠን ከፍተኛ የደስታ ስሜት ይፈጥራል፡፡ በርግጥ ሃላፊነቱ በጣም ከባድ ነው ነገር ግን ጥሪው ሃገራዊ መሆኑን ስታውቅ ደግሞ ልዩ ኩራት ይሰማሃል፡፡ እኔንም የተዘበራረቀ ስሜት ነው የተሰማኝ፤ በአንድ በኩል ከስምንት ዓመት በላይ የቆየሁበትና ብዙ ስኬት ያየሁበት ቤት ነው፡ ፡ ይህን ቤት ገፍቼ መውጣት በተለይ ደግሞ ውድድሩን እንኳን ሳንካፈል በጣም ከባድ ነው፡ ፡ ለኔ መልቀቂያ እንኳን መጠየቅ ከብዶኝ ነበር፡ ፡ እነሱም እኔን መልቀቅ አልፈለጉም ነበር፡፡ በኳታር የኢትዮጵያ አምባሳደር ክቡር መታሰቢያ ታደሰ ጣልቃ ገብተው፤ ጥሪው ሃገራዊ መሆኑን ነግረው ነው የተለቀቅኩት፡፡ በሌላ በኩል ደግሞ የአንድ አሰልጣኝ ትልቁ ግብ በሙያው ሃገሩን ማገልገሉ ነው እናም ሃገሬን እንደማገለግል ሳውቅ ጥልቅ የሆነ ደስታ ነው የተሰማኝ፡፡

አቢሲኒያ፡- ከስምንት ዓመታት በላይ ከሃገርዎ ውጭ ነው የኖሩት፤ ከሃገር ውስጥ ሊግም ራቅ ብለዋል፡፡ ሥራዎን እንደተረከቡ 30 ተጫዋቾችን መርጠው ዝግጅት ጀምረዋል፡፡ የተጫዋቾችን

አቢሲኒያ፡- ከዕለት ዕለት ቁጥራቸው እየጨመረ የመጣ ታዳጊዎች በተለያዩ ክለቦች የታዳጊ ቡድኖች ውስጥ ይስተዋላሉ፤ እነዚን ታዳጊ ተጫዋቾች በብሔራዊ ቡድኑ ውስጥ የመጠቀም ዕቅድ ይኖር ይሆን አብርሃም፡- እኔ የመጣሁት ብሔራዊ ቡድኑን ለማገልገል ነው፡፡ የኢትዮጵያ ብሔራዊ ቡድንን የሚጠቅም ተጫዋች ከሆነ ከየትኛውም የዓለም ክፍል ቢሆን ከመጥራት ወደኋላ አልልም፡፡

አቢሲኒያ፡- በየመን ብሔራዊ ቡድንና በኢትዮጵያ ብሔራዊ ቡድን መካከል ያለውን አሰራርና የአሰልጣኝ ቡድን አወቃቀር ከዘመናዊው እግር ኳስ አንጻር እንዴት ይመለከቱታል አብርሃም፡- እኛ ሃገር ያለው አሰራር ከዘመናዊው እግር ኳስ ትንሽ ራቅ ይላል፡፡አመለካከታችን ላይ ብዙ መስራት እንደሚጠበቅብን ይሰማኛል፡ ፡ ለምሳሌ ባሁኑ ጊዜ ሌላው ዓለም ከስፖርት የምግብ ባለሙያ አልፎ የእግር ኳስ አመጋገብ ባለሙያ በብሄራዊ ቡድኖቻቸው ውስጥ ይይዛሉ፤ እኛጋ የምግብ ባለሙያ እንኳን የለም፡፡ ለምሳሌ

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

በኢንስትራክተር ሰውነት ቢሻው ቡድን ውስጥ የምግብ ባለሙያው አስተዋጽኦው ቀላል አልበረም፡፡ ብሔራዊ ቡድኑ የምግብ ባለሙያ፣ የአካል ብቃት አሰልጣኝ፣ የህክምና ባለሙያ፣ የሚዲያ ባለሙያ፣ የስነልቦና ባለሙያ ያስፈልገዋል፡፡ ዛሬ ሁሉም ብሔራዊ ቡድኖች የሚዲያ ባለሙያ አላቸው ይህ ባለሙያ ህዝቡን ከብሔራዊ ቡድኑ ጋር ለማገኛኘት ያስችላል፤ እንዲሁም ማንም ሰው እንደፈለገ ባሻው ሚዲያ የፈለገውን አስተያየት መስጠት አይችልም፡፡ የሚዲያ ባለሙያው በታቀደና በተደራጀ መልኩ የቡድኑን መረጃ ይሰጣል ማለት ነው፡፡ እኔም ሁሉም ባለሙያዎች እንዲሟሉ ጠይቄያለው፡ ፡ የምግብ ባለሙያው በመጪዎቹ ጥቂት ቀናት ይቀላቀለናል፣ የኣካል ብቃት አሰልጣኝ ማስታወቂያው ወጥቶ ባለሙያ እያፈላለግን ነው፣ በየዩኒቨርስቲዎቻችን ውስጥ ያሉ የስነልቦና ምሁራን በተራ የስነልቦና ስልጠና ቢሰጡልን በራችን ሁሌም ክፍት ነው፡ ፡ ከላይ የጠቀስኩልህ ባለሙያዎች ሁሉ ለቡድኑ አስፈላጊ ናቸው፡፡ ቀስ ቀስ እያልን የውጭውን ተሞክሮ እናመጣለን ማለት ነው፡ ፡

አቢሲኒያ፡- በቀን ምን ያህል ሰዓት ልምምድ ታደርጋላችሁ

አብርሃም፡- በቀን ሁለት ጊዜ ልምምድ እናደርጋለን፡፡ ይህ ብሔራዊ ቡድን እንደሚታወቀው ላለፉት ስምንት ወራት ከውድድር የራቀ ቡድን ነው፡ ፡ ይህን መንፈስ ለመመለስ ደግሞ ቀን ከሌት መስራት ይጠይቃል፡፡ ከዚህ በተጨማሪ በቪዲዮ የተደገፉ የንድፈሃሳብ ስልጠናዎችን በመስጠት ያሉብንን ክፍተቶች ለመሙላት እየሰራን እንገኛለን፡፡

አቢሲኒያ፡ከብሔራዊ የሚደረገው ድጋፍስ

ፌዴሬሽኑ

አብርሃም፡- ገና እየጀመርን ነው፡፡ ነገር ግን ብሔራዊ ቡድኑን ከመጀመሪያው ቀን ጀምሮ ፕሬዚዳንቱን ጨምሮ ሁሉም የሥራ አስፈጻሚ አባላት በቅርብ እየተከታተሉት ነው፡፡ እንደምታውቀው ብሔራዊ ቡድኑ የቴክኒክ ዳይሬክተር የለውም፤ ይሁን እንጂ ከብሔራዊ አቢሲኒያ፡- በሊጉ ውስጥ የሃገር ውስጥ ቴክኒክ ኮሚቴ ሰብሳቢው ኢንስትራክተር ግብ ጠባቂ ችግር ይስተዋላል፡፡ አምና በሊጉ ሰውነት ቢሻው ጋር በጣም በቅርበት የዓመቱ ምርጥ ግብ ጠባቂዎች ከሶስቱ ሁለቱ እየሰራን ነው፡፡

ኢትዮጵያውያን ነበሩ፡፡ ሁለተኛ ምርጥ ግብ ጠባቂ ሆኖ የተመረጠው የብሔራዊ ቡድኑ በረኛ ዘንድሮ ዓመቱን የጨረሰው የውጭ ሃገር ግብ ጠባቂ ተጠባባቂ ሆኖ ነው፡፡ በሊጉ ከሚገኙ የሃገር ውስጥ ግብ ጠባቂዎች የውጭ ሃገር ግብ ጠባቂዎች ቁጥር ይልቃል፡ ፡ ከሶስቱ የሊጉ ምርጥ ግብ አስቆጣሪዎች ሁለቱ የውጭ ተጫዋቾች ናቸው፡፡ እነዚ ቦታዎች ላይ ምን ታስቧል

አብርሃም፡- ልምምድ ከጀመርን በኋላ በነዚህ ሁለት ቦታዎች ላይ ቁልፍ ችግር እንዳለብን እኛም ተገንዝበን ተጨማሪ ልምምዶችን በመስራት ላይ እንገኛለን፡፡ እነዚህ ቦታዎች ላይ የሚጫወቱ ልጆች ከቡድኑ ጋር የቡድን ልምምድ ይሰራሉ እንደገና ደግሞ ለነሱ ብቻ በተዘጋጀ ተጨማሪ የልምምድ መርሃ-ግብር ተጨማሪ ልምምድ ያደርጋሉ፡፡ በሌላውም ዓለማት የሚደረገው ይሄ ነው፡፡ 34

አቢሲኒያ፡- ከሊጉ አሰልጣኞች ለብሔራዊ ቡድኑ የሚደረግ ድጋፍ ይኖር ይሆን አብርሃም፡- ሁሉም አሰልጣኞች ብሔራዊ ቡድኑ ወደ አሸናፊነት እንዲመለስ በተቻላቸው አቅም እየደገፉን ነው፤ ለዚህም ሁሉንም አሰልጣኞች ከልቤ ማመስገን እፈልጋለው፡፡ ነገር ግን በነበረኝ አጭር ጊዜ ሁሉንም አሰልጣኞች ማግኘት አልቻልኩም፡፡ አሁንም ቢሆን ወደፊት ማንኛውም ባለሙያ ብሔራዊ ቡድኑን ለማገዝ፤ ያለውን ሃሳብ፣ አስተያየት ለመስጠት ቢፈልግ ሁሌም በራችን ክፍት መሆኑን ይህን አጋጣሚ ተጠቅሜ ጥሪዬን ማስተላለፍ እፈልጋለው፡፡

አቢሲኒያ፡እንጠብቅ

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

ከብሔራዊ

ቡድኑ

ምን

አብርሃም፡ኮንትራቴን ስፈርም የተስማማውት ኢትዮጵያ ለምታዘጋጀው የ2020 የቻን ውድድር ጠንካራ ቡድን መገንባት በሚል ዓላማ ነው፡፡ ነገር ግን ምንም የተጀመረ ውድድር ቢሆንም እንኳ ለ2019 የካሜሮን አፍሪካ ዋንጫ የማለፍ ዕድላችን የተሟጠጠ አይደለም፡ ፡ ከተሸናፊነት ስሜት ወጥተን ለአፍሪካ ዋንጫ ለማለፍ ከልጆቹ ጋር የቻልነውን ሁሉ እናደርጋለን፡፡

አቢሲኒያ፡ይመስላል

የግል

ሕየወትዎ

ምን

አብርሃም፡ተወልጄ ያደግኩት እዚሁ አዲስ አበባ ቄራ አካባቢ ነው፡፡

ያበረታቱኝ፣ ያሳደጉኝ፤ ስለዚህ ሁሉንም በጣም አመሰግናለው፡፡ በሩቅ መሆኔ ሳያስቸግራቸው የኔን ናፍቆት ተቋቁመው ላበረታቱኝ፣ ለደገፉኝ ቤተሰቦቼ ምስጋና ማቅረብ እፈልጋለው፡ ፡ በየመን የሚኖሩ ኢትዮጵያውያን፣ በየመን የኢትዮጵያውያን ኮሚኒቲን በጣም አመሰግናለው፡፡ የመን ባለው አለመረጋጋት ምክንያት ሁሉንም ጨዋታዎቻችንን ያደረግነው በካታር ነው፤ በካታር ያሉ ኢትዮጵያውያን እንዳንዱን ጨዋታ እንደራሳቸው ጨዋታ አድርገው ስታዲየም እየገቡ እንደራሳቸው ቡድን በመደገፍ አንድም ጨዋታ ሳንሸነፍ እንድናልፍ ያደረጉንን ኢትዮጵያውያንን ማመስገን ግድ ይለኛል፡ ፡ ድሉን ተከትሎ በካታር የሚገኘው የኢትዮጵያውያን ኮሚኒቲ የመኪና ሽልማት ሰተውኛል፤ ሁሉንም ማመስገን እፈልጋለው ነገር ግን ይህን በማስተባበር ታላቅ ድርሻ ያላቸው በካታር የከፋ ኮፊ ባለቤት አቶ ለወላጆቼ የመጀመሪያ ልጅ ነኝ፡፡ ወላጆቼን በልጅነታችን በማጣችን የተነሳ ቤተሰቡን የመምራት፣ ታናናሾቼን የማስተማር ኃላፊነት በኔ ላይ ነበር የወደቀው፡፡ በዚህም ምክንያት የራሴን ቤተሰብ ለመምራት ትንሽ ዘግይቻለው፡፡ አሁን ግን እግዚአብሔር ይመስገን ታናናሾቼ ሁሉ ተምረው ራሳቸውን ችለዋል፤ እኔም የራሴን ሕይወት ጀምሬያለው፡፡

አቢሲኒያ፡- ኢንስትራክተር አብርሃም ትርፍ ጊዜአቸውን በምን ያሳልፋሉ አብርሃም፡- ብዙ ትርፍ ሰዓት የለኝም የመን እየነበርኩ ሮመዳን ሲሆን የምመጣው ግፋ ቢል ለ45 ቀናት ነው እሱንም ሙሉ

ለሙሉ የተለያዩ የካፍ ስልጠናዎችን () ስለምሰጥበት በሥራ ነው የማሳልፈው፡፡ ብዙ የዕረፍት ጊዜ የለኝም፡፡ ካለኝ ግን በእግር ኳስ ነው የማሳልፈው፤ ስለእግር ኳስ በመወያየት፣ ስለእግር ኳስ በማንበብ፣ እግር ኳስን በማየት ነው የማሳልፈው፡፡ ከኳስ ውጭ ማንበብ ደስ ይለኛል፡፡

አቢሲኒያ፡በመጨረሻ ማስተላለፍ የሚፈልጉት መልዕክት ካለዎት አብርሃም፡- ከየመን ብሔራዊ ቡድን ጋር ሆኜ ታሪክ ስሰራ የመንና የመናውያን ብቻ አይደሉም ድጋፍ ያረጉልኝ፡፡ በሃገር ውስጥ ያሉ ባለሙያዎች፣ የስፖርት ቤተሰቦች፣ ጋዜጠኞች ሁሉ ናቸው

አብዱልጀሊልን እንዲሁም መኪናው ወደሃገር ቤት እንዲመጣ የትራንስፖርቱን ሙሉ ወጪ የሸፈኑልኝ አቶ ሙራድ አደምን አመሰግናለው፡፡ እንግዳ አድርጋችሁ ስለጋበዛችሁኝ አቢሲኒያ ቢዝነስ ሪቪውንም አመሰግናለው፡፡

አቢሲኒያ፡- እኛም ከተጣበበ ጊዜዎ ላይ ይህን ያህል ሰዓት ቁጭ ብለው ለሰጡን ቃለምልልስ ከልብ እናመሰግናለን፤ አዲስ ኃላፊነት ነውና መልካም የሥራ ጊዜ እንመኝልዎታለን፡፡

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

Hohete Tibeb SC(EthioParents’ School) and Its Role in Education Sector in Ethiopia Lucy Academy Share Company. HTSC is also involved in the preparation of supplementary reference materials for students from Kindergarten to college preparatory level.

as responsible citizens in the education sector, which is the mile stone for the sustainable development of a nation.

EPS is currently providing high quality education which is assisted by a well organized and systematized structure HTSC is currently holding about from the head office of HTSC through 1600 shareholders who are the team of subject area specialists Education is the key to emancipate passionate to contribute their role in Education and Technology Team mankind from the darkness of illiteracy by bringing change in the state of mind of the society.As a result it has been playing the crucial role in the development of nations at global level. Thus, having governmental and private institutions that are devoted to bring change in the delivery of education in a country are quite vital. By ABN

HoheteTibeb Share Company (HTSC) was established in March 2000 by 136 shareholders. Currently the Company is mainly engaged in education business and runs Ethio- Parents Schools in three campuses; namely, Gerji, Gullele, and Hawassa. It is also the major shareholder in 38 Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

(ETT), the team of supervisors (quality assurance team) and other units such as Administration and Finance Unit, Publication and Business Development Team, Human Resource Department that are administered by the chief executive officer of the company (HTSC). Moreover, EPS is well facilitated and organized by highly qualified academic and administrative staff as well as high quality class rooms, ICT laboratories, Science laboratories, open and well designed play grounds, libraries, colored supplementary reference books, and environment friendly school compounds at Gerji, Gulele and Hawassacampuses. These schools arecurrently providing high quality and exemplary education for more than 5,000 students from kindergarten to college preparatory level. HTSC and EPS have their own website system that provides variety of services

for the whole school community. Among these; digital online library system for students at all grade levels, student information system by which parents follow the status of their children without going to school, online examination system where students of grades 8, 10 and 12 get prepared for regional and national examinations and other important features. In addition, HTSC have recently started an offline digital library system for students of Gerji campus which will be soon implemented at other EPS branches. HTSC has also owned more than 99% share of Lucy academy Share Company which is located in an ideal place of Addis Ababa, Gurd Shola. Lucy academy is currently under construction where it will be launched as a premium school soon.

To expand its accessibility at nationwide level, HTSC is currently getting involved in to the preparation and publication of supplementary reference materials for students at kindergarten level through highly attractive and quality Science, Mathematics and English books as well as handwriting practice exercise books in English and Amharic for different levels. Moreover, HTSC is also preparing supplementary reference materials for students of grades 7 to 12 in different subjects. Apart from the activities listed, HTSC has a grand strategic plan to get involved in to different areas of education in a multisided range to contribute its role in the education and related activities in an extended and accessible manner.

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018

photo by Johnny video

Abyssinia Business Nework ታህሳስ 2011 / Dec 2018