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Showing posts from September, 2017

Towards a Balanced Sustainability Vision for the Coffee Industry

By Luis F. Samper and Xiomara F. Quiñones-Ruiz Source: MDPI - Publisher of Open Access Journals CONCLUSION The debate over how to best achieve sustainability in general and in the coffee industry in particular is wide open. The coffee industry has been the leader in implementing VSS, influencing other industries along the way. Certainly, literature shows that positive effects have been identified since VSS started. However, the time has come to re-evaluate the current model, not with the objective of doing away with what it has achieved, but to look for new ways to approach sustainability and obtain a bigger and wider effect that more closely reflects the complex reality of coffee growing. Available studies show that impact of the current model varies according to the specific context. There is no “silver bullet” standard to improve sustainability indicators. Furthermore, VSS has not altered the value chain governance. In addition, it appears that VSS will have difficul...

Ethiopia Commodity Exchange (ECX) CEO resigns amid government scrutiny

ECX Boss Resigns By Dawit Taye The Ethiopian Reporter September 01, 2017 Ermias Eshetu, the CEO of the Ethiopian Commodity Exchange (ECX), has tendered his resignation letter to the board of directors of the trading enterprise. The resignation of Ermias stunned many as it came at a time when the CEO was attempting to restructure ECX and introduce new trading services and working procedures. Though the resignation of the CEO is not yet made public reliable sources told  The Reporter  that the board of directors of ECX is holding an in-depth evaluation on the executive management including the CEO. Sources said the rigorous evaluation has prompted the CEO to leave his position. According to sources, the board of directors of ECX has accepted the resignation letter of the CEO. However, Ermias would stay in office until the board finds a successor. According to sources, the stringent evaluation held last week lasted until 5PM in the evening. “The evaluation dwel...