http://www.addisfortune.com/index.htm Addisfortune is the Largest English Weekly in Ethiopia.In this RSS Feed You Will find the top Stories of the week. http://blogs.law.harvard.edu/tech/rss Jitbit RSS Feed Creator Mon, 30 Jan 2012 00:00:00 +0300 Two days before the 18th African Union Summit comes to a close, Meles Zenawi, prime minister of Ethiopia (left) and Jacob Zuma, president of South Africa (right) made a joint appearance at the New Partnership for African Development Heads of State and Government Orientation Committee meeting (NEPAD/HSGOC), held in the late morning of January 28, 2011. The committee chaired by Meles Zenawi is comprised of 20 member states from five regions of the continent. http://www.addisfortune.com/addisfortunenews.htm Mon, 30 Jan 2012 00:00:00 +0300 Karuturi Agro Products Plc, part of holding company Karuturi Glolabal Ltd, is planning to go public, floating 200,000 shares worth 1,000 Br each to local investors, once it gets the nod from its board of directors. The shares will be short-term, with a guaranteed annual return of 10pc in dividends. http://www.addisfortune.com/Controversial Karuturi to Go Public, Here.htm Mon, 30 Jan 2012 00:00:00 +0300 Senior ministers at the Ministry of Water & Energy (MoWE) are planning to carryout feasibility studies on three additional hydropower plants to be built in the basin of the Abay (Blue Nile) River, whose combined power generation capacity is projected to be larger than the Grand Renaissance Dam, Fortune learnt. http://www.addisfortune.com/Ethiopia Hopes to Launch Construction of Three New Dams.htm Mon, 30 Jan 2012 00:00:00 +0300 Plots under historical holdings are exempted from inclusion in the lease regime when transferred to third parties during bank foreclosure of collateralised properties or when assets are divided between a divorced couple, a draft regulation authored by the Ministry of Urban Development & Construction (MUDC) suggests. http://www.addisfortune.com/Banks, Divorcees Exempt from Inclusion in the Lease Regime.htm Mon, 30 Jan 2012 00:00:00 +0300 The nation’s domestic tax mobilisation drive has seen increases during the last two quarters of the fiscal year, after tax authorities achieved phenomenal results, both in the capital and at the federal level. http://www.addisfortune.com/Taxman Collects 24b Br More than Last Half Year.htm Mon, 30 Jan 2012 00:00:00 +0300 Ethiopia’s flagship export item, coffee, has fallen into a troubling state of affairs after the nation’s exporters have failed to pack out even one fourth of the quantity expected to be sold in this fiscal year. http://www.addisfortune.com/Coffee Exports Roasted in Turmoil Halve.htm Mon, 30 Jan 2012 00:00:00 +0300 Ambassel Trading House Plc, one of the subsidiary companies under the umbrella of Endeavour, an endowment company affiliated with a member of the ruling coalition, Amhara National Democratic Movement (ANDM), is to build what will be Derbe Markos’s first high-rise in the town’s 140-year history. http://www.addisfortune.com/Debre Markos to Get First High-rise.htm Mon, 30 Jan 2012 00:00:00 +0300 Leaders at the Addis Abeba Chamber of Commerce & Sectoral Associations (AACCSA)have agreed to transfer the management of the Private Sector Development (PSD) Hub to the national chamber, beginning April 2012. http://www.addisfortune.com/City’s Chamber Agrees to Transfer Private Sector Development Hub.htm Mon, 30 Jan 2012 00:00:00 +0300 The Swiss-based software developer and vendor, Temenos Group AG, appears to be marching undeterred towards dominating the market of the Ethiopian banking industry. It now has Nib International Bank (NIB), one of the last remaining banks not interfaced with the central bank’s National Payment System (NPS), as its latest client, the fourth bank to select Temenos for its installation of upgraded centralised, online, real-time, electronic (CORE) banking solutions. http://www.addisfortune.com/Nib Bank Sides with Temenos for CORE Banking.htm Mon, 30 Jan 2012 00:00:00 +0300 Access Resorts is hoping to secure a loan of six million dollars from the Common Market for Eastern & Southern Africa (COMESA) Bank, a.k.a. Preferential Trade Area (PTA) Bank, to pay for the renovation and upgrading of Imperial Hotel, Fortune learnt. http://www.addisfortune.com/PTA Bank Nods Access Resorts Loan.htm Mon, 30 Jan 2012 00:00:00 +0300 With the emergence of a new class of Addis Abebans who have suburban luxurious villas, including the number of real estate properties, there emerges a new set of businesses that has never been taken seriously. A young breed of landscape designers are not only beautifying these homes, they are also making a good living out of it, discovers HADRA AHMED, FORTUNE STAFF WRITER. http://www.addisfortune.com/Traditional Gardening Morphs into Competing Landscape Design Business.htmMon, 30 Jan 2012 00:00:00 +0300Exemplifying the urban facelift that Addis Abeba is experiencing, a place once known as Five Doors, in Kazanchis area, welcomes the official arrival of its newest neighbour. Radisson Blu Hotel, a chain owned by one of the largest international hotel groups, has opened its doors in time to welcome participants of the AU conference taking place next week, writes ELLENI ARAYA, FORTUNE STAFF WRITER. http://www.addisfortune.com/Sleek New International Hotel Makes Efficient Use of Smaller Plot.htmMon, 30 Jan 2012 00:00:00 +0300 Find out about all the Entertainment news From Addis Fortune http://www.addisfortune.com/Fortune_Entertainment_news.htm Mon, 30 Jan 2012 00:00:00 +0300 All the Brief News Articles from various papers http://www.addisfortune.com/newsinbrief.htm Mon, 30 Jan 2012 00:00:00 +0300 Get all the Previous Volums of the News paper http://www.addisfortune.com/Addis_ Fortune Archive.htm Mon, 30 Jan 2012 00:00:00 +0300