Financial Performance Analysis of Selected Commercial Banks in Ethiopia

Accounting data are useful in assessing the economic prospects of a firm. The paper shows how financial ratios can be used to explore the sources of a firm’s profitability and evaluate the “quality” of its earnings in a systematic fashion. Hence, the aim of the study is to analyze the financial performance of commercial banks in Ethiopia for the period between 2009 and 2012.A sample of the top seven commercial banks was selected based on the value of their total assets at the end of the 2009 financial year. These are the banks that dominate the sector with the top 7 banks controlling 90.4% of the total industry assets which makes them systemically important banks The results of the study indicated that CBE showed the highest level of RoE all the time but this was driven by its high leverage levels. Moreover, all banks were found to be unduly liquid affecting their revenue generating capacity. This is partly because of government imposed loan restriction. Dashen Bank has continuously improved its performance throughout the study period in most of the parameters used to measure its performance. Wegagen Bank had the most stable earnings over time as a result of its policy to use high level of equity financing. For a sustained good banking performance in the country, it is recommended that the banks invest more in interest bearing assets, mainly loans, to fully utilize their revenue generating capacity. The Ethiopian government is also recommended to balance its desire to control inflation with the need to maintain lasting viability of the banking industry.Keywords: Ratio analysis, financial performance, Bank performance, Ethiopi

Feed resources availability, utilization and marketing in central and eastern Tigray, northern Ethiopia

This survey explored the situation of different feed resources for ruminant livestock in two zones (central and eastern) in Tigray region of northern Ethiopia. These two zones account for the region’s 12% of the total land mass, 23% of the human population, 28% of the cattle population, and 56% of the small ruminant population. Farmers feed their livestock a variety of feed resources that range from crop residues to non-conventional feeds.The overall contribution of crop residues exceeds 50% of the livestock feeds currently used by smallholder farmers, and this reflects the level of integration between crop and livestock farming. Overall, the management and utilization of crop residues with particular attention to collection and transportation is constrained by factors such as labour shortage, distance from harvesting field to animals and delayed harvest in the project districts. Grazing land management and improvement is seldom considered by farmers or the extension system. Acute shortages of AIBPs supply from the sources and high price fluctuation in the main towns of the districts are discouraging smallholder dairy and small ruminant farmers from using them on a regular basis. The contribution of improved forage plants is not as expected and forage genetic material multiplication sites are operating with insufficient budget and manpower, and not supported by proper research. The overall feed supply to demand ratio in four districts in the eastern zone is not enough to cover the annual maintenance requirements of the present stock

Medication Non-Adherence among Adult Psychiatric Out-patients in Jimma University Specialized Hospital, Southwest Ethiopia

Background: Information on adherence of adult psychiatric patients to biological modes of treatment is scarce in Ethiopia. Knowledge on adherence is essential in terms of future prognosis, quality of life and functionality of such patients. This study was conducted to assess the magnitude and associated factors of non-adherence to medication.Methods: A hospital based cross-sectional study was conducted in November 2011 at the psychiatry facility of Jimma University Specialized Hospital, which provides service to more than 10 mill people. A sample of 422 adults with psychiatric illness in the follow-up outpatients was selected consecutively. Data was collected using a pre-tested questionnaire by face-to-face interview and from patient medical records. The four-item Morisky scale was used to assess degree of medication adherence. Data was analyzed using SPSS version 16 and descriptive, chi-square test and logistic regression statistical methods were used. P-Value of less than 0.05 was considered as statistically significant in the final model.Results: Out of the 422 patients, 40.3% were females and 59.7% males. The prevalence rate for nonadherence was 41.2%, non-affective psychoses diagnosis contributing the highest rate (44.5%). From the total non-adherent respondents, 78.2% attributed their non-adherence to forgetting. Irregular follow-up, poor social support and complex drug regimen were independently associated variables with nonadherence.Concluction: The result of the study showed that non-adherence among psychiatric patients in Southwest Ethiopia is high and revealed possible associated factors. Adherence needs integrated efforts in creating a mechanism in enhancing regular follow-up, informal social support system and ongoing awareness creation among professionals.Keywords: mental illness, non-adherence, Jimma University Specialized Hospital, Ethiopi

Implementation and Status of Biogas Technology in Ethiopia- Case of Tigray Region

In Ethiopia, like most developing countries, the majority of households depend on wood and charcoal as their cooking energy resources. This energy has a direct impact on the forest coverage and its emissions have significant health issues. Biogas technology has introduced to address these problems and reduce energy poverty in developing countries. However, the success of this technology depends on many factors such as technology appropriateness, available skill, proper introduction, and government support to create favorable financial incentives. The objective of this paper is to make an overview assessment of biogas development programs in Ethiopia, identify development barriers and provide suggestions to mitigate these barriers. The national and regional biogas program of Ethiopia has implemented to give energy for cooking and to some extent for lighting. However, it has shown limited success over the years. The National Biogas Programme of Ethiopia has shown an overall 50% achievement while the Tigray region registered 55% achievement. In addition, the owner of the biogas facility in Tigray reported a 57% functionality rate but the lowest satisfaction level of 15%.  Generally, the region has shown relatively better performance in terms of dissemination and functionality but a low satisfaction rate due to technical limitation, unsteady input, and financial factors.       &nbsp

Phasor Measurement Units Optimal Placement and Performance Limits for Fault Localization

In this paper, the performance limits of faults localization are investigated using synchrophasor data. The focus is on a non-trivial operating regime where the number of Phasor Measurement Unit (PMU) sensors available is insufficient to have full observability of the grid state. Proposed analysis uses the Kullback Leibler (KL) divergence between the distributions corresponding to different fault location hypotheses associated with the observation model. This analysis shows that the most likely locations are concentrated in clusters of buses more tightly connected to the actual fault site akin to graph communities. Consequently, a PMU placement strategy is derived that achieves a near-optimal resolution for localizing faults for a given number of sensors. The problem is also analyzed from the perspective of sampling a graph signal, and how the placement of the PMUs i.e. the spatial sampling pattern and the topological characteristic of the grid affect the ability to successfully localize faults. To highlight the superior performance of presented fault localization and placement algorithms, the proposed strategy is applied to a modified IEEE 34, IEEE-123 bus test cases and to data from a real distribution grid. Additionally, the detection of cyber-physical attacks is also examined where PMU data and relevant Supervisory Control and Data Acquisition (SCADA) network traffic information are compared to determine if a network breach has affected the integrity of the system information and/or operations