#DoingBusiness Handing over 2
“You’ll find plenty of advice on building a successful business, but people don’t talk so much about how to leave it behind. And yet there are many good reasons for wanting to exit a business. Maybe you’ve found a better opportunity elsewhere and want to start a new venture. Maybe you want to retire or scale back. Maybe your business has just run its course, and you don’t have the passion for it anymore. Maybe you need to raise cash quickly, and selling your business is the only way. Even if you don’t plan to leave any time soon, it’s worth thinking through your exit options and having a strategy in place. Each one has its own particular advantages and disadvantages.”
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“You’ll find plenty of advice on building a successful business, but people don’t talk so much about how to leave it behind. And yet there are many good reasons for wanting to exit a business. Maybe you’ve found a better opportunity elsewhere and want to start a new venture. Maybe you want to retire or scale back. Maybe your business has just run its course, and you don’t have the passion for it anymore. Maybe you need to raise cash quickly, and selling your business is the only way. Even if you don’t plan to leave any time soon, it’s worth thinking through your exit options and having a strategy in place. Each one has its own particular advantages and disadvantages.”
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#Opinion Ethiopia’s Digital Banking Revolution and the Lesson from South Africa’s ATM Decline
I’ve had the privilege of writing many insightful articles on branding and business topics for The Weekly Capital, covering a range of subjects including ‘The Misconceptions About Branding,’ ‘The Basics of Successful Branding,’ ‘Why Brands Matter,’ ‘Can Anything Be Branded?,’ ‘How to Choose the Right Logo for Your Business,’ ‘Amplifying Brands: The Power of the Right Brand Ambassador,’ ‘The Hospitality Culture of Ethiopia and Its Potential for Business Success,’ and ‘The Power of Personal Branding in Driving Success,’ among others. This time, I’m shifting the focus to digital banking and ATM applications with an article titled ‘Ethiopia’s Digital Banking Revolution and South Africa’s ATM Decline
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I’ve had the privilege of writing many insightful articles on branding and business topics for The Weekly Capital, covering a range of subjects including ‘The Misconceptions About Branding,’ ‘The Basics of Successful Branding,’ ‘Why Brands Matter,’ ‘Can Anything Be Branded?,’ ‘How to Choose the Right Logo for Your Business,’ ‘Amplifying Brands: The Power of the Right Brand Ambassador,’ ‘The Hospitality Culture of Ethiopia and Its Potential for Business Success,’ and ‘The Power of Personal Branding in Driving Success,’ among others. This time, I’m shifting the focus to digital banking and ATM applications with an article titled ‘Ethiopia’s Digital Banking Revolution and South Africa’s ATM Decline
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#Opinion Join hands to walk on the road of modernizationNew development in China, sharing opportunities with EthiopiaBy Chen Hai
Join hands to walk on the road of modernization
New development in China, sharing opportunities with Ethiopia
After the closing of the sessions of the National People’s Congress and the Chinese People’s Political Consultative Conference, General Secretary Xi Jinping visited Guizhou and Yunnan. In the ancient town of Lijiang, Yunnan, Xi Jinping walked along the stone road and had cordial exchanges with local residents and tourists along the way. “General Secretary, can I buy you a cup of coffee?” General Secretary Xi Jinping replied cordially: “Yunnan coffee is in a good position to represent China.”
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Join hands to walk on the road of modernization
New development in China, sharing opportunities with Ethiopia
After the closing of the sessions of the National People’s Congress and the Chinese People’s Political Consultative Conference, General Secretary Xi Jinping visited Guizhou and Yunnan. In the ancient town of Lijiang, Yunnan, Xi Jinping walked along the stone road and had cordial exchanges with local residents and tourists along the way. “General Secretary, can I buy you a cup of coffee?” General Secretary Xi Jinping replied cordially: “Yunnan coffee is in a good position to represent China.”
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#ispot UN Fears War as Barrel Bombs Dropped in South Sudan
President Salva Kiir and his rival Vice-President Riek Machar agreed in August 2018 to end a five-year civil war that killed nearly 400,000 people. But over the last seven years their relationship has become increasingly strained amid ethnic tensions and sporadic violence.
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President Salva Kiir and his rival Vice-President Riek Machar agreed in August 2018 to end a five-year civil war that killed nearly 400,000 people. But over the last seven years their relationship has become increasingly strained amid ethnic tensions and sporadic violence.
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#ispot Foreign Flower Firms Flee Ethiopia as Amhara Conflict Intensifies
International flower companies are fleeing Ethiopia because of a worsening conflict in the northwestern Amhara region, a key flower-growing hub, dealing a blow to one of the country’s major exports…Ethiopia’s cut-flower industry, which generated more than $500 million in revenues last year, is the country’s second-biggest export after the top-earning $900 million coffee sector, according to central bank figures. It has made strong inroads into the global flower trade in recent years, securing a 5.5% stake of market share, while still behind Kenya’s roughly 16% stake…Many companies have reported hijackings of staff truck drivers for ransom…This is not the first time conflict has hit flower growers in the volatile Amhara region. In 2016, several flower farms belonging to multinational companies were razed to the ground by armed militias. Many also saw attacks on their employees. (Semafor)
International flower companies are fleeing Ethiopia because of a worsening conflict in the northwestern Amhara region, a key flower-growing hub, dealing a blow to one of the country’s major exports…Ethiopia’s cut-flower industry, which generated more than $500 million in revenues last year, is the country’s second-biggest export after the top-earning $900 million coffee sector, according to central bank figures. It has made strong inroads into the global flower trade in recent years, securing a 5.5% stake of market share, while still behind Kenya’s roughly 16% stake…Many companies have reported hijackings of staff truck drivers for ransom…This is not the first time conflict has hit flower growers in the volatile Amhara region. In 2016, several flower farms belonging to multinational companies were razed to the ground by armed militias. Many also saw attacks on their employees. (Semafor)
#ispot Unlimited Liability
Unlimited liability refers to the full legal responsibility that business owners and partners assume for all business debts. This liability isn’t capped and obligations can be paid through the seizure and sale of the owners’ personal assets without the protection that the popular limited liability business structure provides
Unlimited liability refers to the full legal responsibility that business owners and partners assume for all business debts. This liability isn’t capped and obligations can be paid through the seizure and sale of the owners’ personal assets without the protection that the popular limited liability business structure provides
#ispot HIV infections soar in post-war Tigray
Tigray was once considered a model in the fight against HIV. Years of awareness-raising efforts had brought the region’s HIV prevalence rate to 1.4%, one of the lowest in Ethiopia.
Then, in 2020, war began between Ethiopia’s government, backed by neighboring Eritrea, and Tigray fighters
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Tigray was once considered a model in the fight against HIV. Years of awareness-raising efforts had brought the region’s HIV prevalence rate to 1.4%, one of the lowest in Ethiopia.
Then, in 2020, war began between Ethiopia’s government, backed by neighboring Eritrea, and Tigray fighters
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#ispot Major State-Owned Enterprises briefed on Ethiopia’s ongoing Debt Restructuring Efforts
The Ministry of Finance has officially briefed major State-Owned Enterprises (SOEs) on the country’s ongoing debt restructuring efforts following the recent agreement reached with the Official Creditor Committee (OCC)
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The Ministry of Finance has officially briefed major State-Owned Enterprises (SOEs) on the country’s ongoing debt restructuring efforts following the recent agreement reached with the Official Creditor Committee (OCC)
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#ispot Stakeholders finalise AUSSOM Force Structure and Deployment Plans in Mogadishu
The Peace Support Operations Division (PSOD) of the African Union Commission (AUC), Federal Government of Somalia (FGS) and representatives from AUSSOM Troop and Police Contributing Countries have concluded a four-day technical working session to finalise the capabilities, force composition, and deployment plans of the African Union Support and Stabilization Mission in Somalia (AUSSOM).
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The Peace Support Operations Division (PSOD) of the African Union Commission (AUC), Federal Government of Somalia (FGS) and representatives from AUSSOM Troop and Police Contributing Countries have concluded a four-day technical working session to finalise the capabilities, force composition, and deployment plans of the African Union Support and Stabilization Mission in Somalia (AUSSOM).
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#CapitalNews "Correct the Map" campaign aims to redefine Africa's global representation
A groundbreaking campaign, "Correct the Map," has been launched by Africa No Filter and Speak Up Africa to challenge the long-standing misrepresentation of Africa on world maps. The initiative seeks to correct the distorted view of Africa's size and significance, which has been perpetuated by the widely used Mercator map projection.
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A groundbreaking campaign, "Correct the Map," has been launched by Africa No Filter and Speak Up Africa to challenge the long-standing misrepresentation of Africa on world maps. The initiative seeks to correct the distorted view of Africa's size and significance, which has been perpetuated by the widely used Mercator map projection.
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#CapitalNews Forex auctions face transparency concerns amid market volatility
The National Bank of Ethiopia (NBE) has expressed concerns regarding the misuse of a foreign exchange (forex) auction held a month ago by commercial banks. The NBE accused certain banks of acquiring forex only to resell it at inflated rates in the interbank market.
This strong criticism was directed at bank executives during an extraordinary meeting on Monday, March 31. Officials specifically targeted institutions involved in the February 25 forex auction—the second auction since the onset of Ethiopia’s macroeconomic reforms last July.
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The National Bank of Ethiopia (NBE) has expressed concerns regarding the misuse of a foreign exchange (forex) auction held a month ago by commercial banks. The NBE accused certain banks of acquiring forex only to resell it at inflated rates in the interbank market.
This strong criticism was directed at bank executives during an extraordinary meeting on Monday, March 31. Officials specifically targeted institutions involved in the February 25 forex auction—the second auction since the onset of Ethiopia’s macroeconomic reforms last July.
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#CapitalNews China Condemns U.S. tariff policies, calls for global cooperation
The Chinese government has issued a strong statement condemning the United States’ recent imposition of tariffs on its trading partners, including China. Beijing has accused Washington of violating World Trade Organization (WTO) rules, undermining the multilateral trading system, and disrupting the global economic order.
According to the statement, the U.S. tariffs infringe upon the legitimate rights and interests of other nations and defy fundamental economic principles.
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The Chinese government has issued a strong statement condemning the United States’ recent imposition of tariffs on its trading partners, including China. Beijing has accused Washington of violating World Trade Organization (WTO) rules, undermining the multilateral trading system, and disrupting the global economic order.
According to the statement, the U.S. tariffs infringe upon the legitimate rights and interests of other nations and defy fundamental economic principles.
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#CapitalNews New report highlights safety concerns for journalists in Ethiopia
A new report by the International Media Support (IMS) has revealed alarming safety concerns for journalists in Ethiopia, highlighting a significant rise in threats, harassment, and attacks against media professionals in 2024. The report, part of the IMS Knowledge for Peace (K4P) series, underscores the precarious environment for journalists operating in conflict zones and politically sensitive regions.
The assessment documented a wide range of safety risks faced by journalists, including arbitrary arrests, enforced disappearances, physical and psychological harassment, and digital surveillance.
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A new report by the International Media Support (IMS) has revealed alarming safety concerns for journalists in Ethiopia, highlighting a significant rise in threats, harassment, and attacks against media professionals in 2024. The report, part of the IMS Knowledge for Peace (K4P) series, underscores the precarious environment for journalists operating in conflict zones and politically sensitive regions.
The assessment documented a wide range of safety risks faced by journalists, including arbitrary arrests, enforced disappearances, physical and psychological harassment, and digital surveillance.
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#CapitalNews Literacy skills at a concerning level in primary schools
A recent study conducted in elementary schools across Ethiopia has revealed a concerning level of literacy skills among students. The study, which assessed 5,840 students from 292 schools in 11 languages, found that 48% of students struggled to distinguish letters, words, and sounds properly. This issue was particularly pronounced in tasks such as first sound variation and letter recognition.
The study highlighted significant weaknesses in specific areas, including name spelling and sound differences. Performance varied between urban and rural children, with urban students generally performing better in all subtasks except language expression.
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A recent study conducted in elementary schools across Ethiopia has revealed a concerning level of literacy skills among students. The study, which assessed 5,840 students from 292 schools in 11 languages, found that 48% of students struggled to distinguish letters, words, and sounds properly. This issue was particularly pronounced in tasks such as first sound variation and letter recognition.
The study highlighted significant weaknesses in specific areas, including name spelling and sound differences. Performance varied between urban and rural children, with urban students generally performing better in all subtasks except language expression.
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#CapitalNews Experts call for urgent policy changes to combat WASH crisis
In a recent forum organized by Aqua for All in collaboration with the Hilton Foundation, experts emphasized the need for significant policy changes to address Ethiopia’s water, sanitation, and hygiene (WASH) crisis. The WASH sector, often overlooked, is described as a “silent killer” that should be prioritized in the national development agenda.
Ethiopia faces severe challenges in the WASH sector, including severe water shortages, inadequate sanitation, and the negative impacts of climate change. Despite progress in recent years, 43% of the population lacks access to improved water sources, and 28% practice open defecation, leading to significant health risks.
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In a recent forum organized by Aqua for All in collaboration with the Hilton Foundation, experts emphasized the need for significant policy changes to address Ethiopia’s water, sanitation, and hygiene (WASH) crisis. The WASH sector, often overlooked, is described as a “silent killer” that should be prioritized in the national development agenda.
Ethiopia faces severe challenges in the WASH sector, including severe water shortages, inadequate sanitation, and the negative impacts of climate change. Despite progress in recent years, 43% of the population lacks access to improved water sources, and 28% practice open defecation, leading to significant health risks.
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#CapitalNews Artificial Intelligence: A Game-Changer for Low-Income Countries
Artificial Intelligence (AI) is increasingly recognized as a transformative technology with the potential to address critical challenges faced by low-income countries. According to the United Nations Conference on Trade and Development (UNCTAD) Technology and Innovation Report 2025, AI can revolutionize key sectors such as agriculture, healthcare, and manufacturing. However, the report also highlights significant barriers that these nations must overcome to fully harness the benefits of AI.
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Artificial Intelligence (AI) is increasingly recognized as a transformative technology with the potential to address critical challenges faced by low-income countries. According to the United Nations Conference on Trade and Development (UNCTAD) Technology and Innovation Report 2025, AI can revolutionize key sectors such as agriculture, healthcare, and manufacturing. However, the report also highlights significant barriers that these nations must overcome to fully harness the benefits of AI.
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#CapitalNews Cooperation frameworks emerge as key strategy for effective governance
In a significant move to enhance the role of civil society in governance, a new cooperation framework has been launched between the Authority for Civil Society Organizations (ACSO) and the Ethiopian Civil Society Organizations Council (ECSOC). This framework aims to increase civil society involvement in government policies and protect public interests, addressing long-standing challenges faced by civil society organizations in Ethiopia.
Civil society organizations in Ethiopia have faced numerous hurdles over the years, including restrictive legal and policy frameworks that have limited their activities, reduced resources, and diminished societal acceptance. Many organizations have struggled to survive under these conditions.
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In a significant move to enhance the role of civil society in governance, a new cooperation framework has been launched between the Authority for Civil Society Organizations (ACSO) and the Ethiopian Civil Society Organizations Council (ECSOC). This framework aims to increase civil society involvement in government policies and protect public interests, addressing long-standing challenges faced by civil society organizations in Ethiopia.
Civil society organizations in Ethiopia have faced numerous hurdles over the years, including restrictive legal and policy frameworks that have limited their activities, reduced resources, and diminished societal acceptance. Many organizations have struggled to survive under these conditions.
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