So Much Effort, So Little Progress

Welcome to the 82nd edition of ፍራንክ Digest!

Your weekly brief on all things Finance and Investing. Quick, enjoyable reads for busy professionals in 5 minutes or less.

Here’s what’s coming your way:

• 📈 Not an Economist but Productivity is Key

• 🫆 Getting A Fayda ID Despite Trust Issues

• 🖼️ Big Picture

Thanks for reading!

Economic Productivity: Ethiopia’s Kryptonite?

Economy

We might not have an Economics Nobel Prize medal 🏅 hanging over the fireplace but when it comes to the subject, we feel that we know a thing or two.

Your sincere eyeballs glued to our ፍራንክ Digest articles is the only reward we seek…❤️

When investing, it’s good to look at the broader economy and understand if the money you're parking in share companies, real estate, treasury bills or even the bank is actually worth the parking fee in the long run. So…why not brief you where Ethiopia stands on the economic scale?

First, a quick Econ 101 introductory session is needed: 

An economy is just a series of transactions bundled together: people trading one thing for another. Most times, money lubricates those exchanges, whether it’s buying እርጎ at Fantu (product) or getting your phone fixed at Yonas Mobile (service).

For products or services to be offered, there needs to be a driving factor, a set of strings to the guitar that bellows out the sweet melody of money and we call that: PRODUCTIVITY 📈.