1. Your savings, sitting still You put a little money aside every month. It goes into a savings account, and there it sits. Prices climb faster than your interest does, so each year your savings quietly buy a little less. You have heard about the new stock exchange in Addis Ababa, but which company would
Robert E. Hall of Stanford University and Michael Woodford of Columbia University have won this year’s Nobel-memorial prize in economics. The Royal Swedish Academy of Sciences honoured them “for microeconomic foundations of macroeconomic stabilisation.” In plain words: they showed governments and central banks how to calm an economy that is overheating or sliding into recession.
Part one looked at how Ethiopia’s new money system is built. This part looks at time. The system works, but slowly, and almost everyone in the economy wants results now. Imagine you need 10,000 birr today, but you will only have it next year. Someone lends it to you, and a year later you pay
The Ethiopian Securities Exchange (ESX) recorded ETB 510.05 million in equity turnover for the week of September 28 to October 2, 2026, across 525 trades and 215,325 shares in its seven listed securities. The half-billion-birr total is the headline. Underneath it, the week was mostly the story of one stock trading heavily and six trading
Walk into a mini shop in Addis Ababa and look at the sizes on the shelf. Sugar by the quarter kilo. Quarter kilos of onions. One bread roll. Charcoal by the tin. All of those things exist in bigger, cheaper packs a few kilometres away. What the mini shop is really selling is the right
Ethiopia’s interbank money market traded 191.3 billion birr in August, but the number that matters is 13.000, the rate banks accepted for two straight weeks before a $500 million central bank dollar sale changed the price of cash. For the first two weeks of August, the weighted average rate in Ethiopia’s local currency interbank money
Ethiopia’s headline inflation rate for July 2026 was 15.3%, up from 11.7% in April and 9.4% in March, according to the Ethiopian Statistical Service (ESS). Food inflation alone reached 15% year on year. That number is real, and it is already painful. But here is the uncomfortable question: does 15.3% actually capture everything you are
Somewhere along the way, Ethiopia’s stalled job market became a story about laziness. It’s a familiar narrative, usually aimed at the young and the unemployed. And repeated so often it started to sound intuitive, but does Ethiopia’s labour market actually support it? In this article we’re finding out. The theory goes something like this: the