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NBE Reacts to Exporters Alleged Abuse of Forex Incentives

The National Bank of Ethiopia (NBE) has requested all state and private commercial banks to send it a list of names of clients who request to be the only beneficiaries of the foreign currency from their own export proceedings....

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Prosecution Rests Case against Nile Shareholders, Former Managers

The Federal High Court heard on Thursday, May 7, 2009, eight witnesses brought by federal prosecutors, who accused shareholders and former senior managers of Nile Insurance S.C., and companies owned by some ...

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Habitat Homes in Title Deeds Controversy

Amde Akalework, managing director of Habtewold International Commission Agent, is one of the 152 clients Habitat-New Flower Homes Plc has entered into an agreement with to develop an entirely new suburb around Kality ....

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Police Probe Abebaw, Menweyelet on Abyssinia Bank's 57m Br Claim

Granted a bail bond for 50,000 Br and 30,000 Br by the Federal High Court, Abebaw Desta and Menweyelet Atinafu, respectively, were taken by investigators back to the Forensic Department of the Federal Police, a.k.a Maekelawi, on Dejazmatch Belay Zeleke Street.

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Agenda    

The adoption of the taxi zoning system, which is meant to be a short-term solution

 
   

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Editor's Note  

At about the same time next year, Ethiopia will be up for yet another ....

 
   

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Economic Commentary  

Language is a medium of communication for people just as much as it could also be a collective identity for a nation or group of people. It is mainly through a language, among others, that a person asserts an identity. For businesses, language is a tools for concluding contracts, thus establishing responsibilities and benefits, says Yohannes Woldegebriel, director for....

   

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Opinion  

The London G20 summit gave a strengthened mandate to the IMF, while tripling its resources. More concessional finance will be available for low-income countries, and international liquidity will be increased by a hand-out of 250 billion dollars in special drawing rights (SDRs).

   

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Gossip    

A few years prior to the national elections in May 2005, the Federal Government had tried to introduce and shove down the throat of the otherwise change resistant civil service a "result oriented performance," a management concept that turned out to be very unpopular among the bureaucracy that was long accustomed to a ....

 
   

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"The strength of the EPRDF is directly linked to non-existence of strong opposition."

Seyee Abraha, an active member of the forum created by individual opposition politicians - including former president Negasso Gidada (PhD) - and political parties, told the Amharic weekly Sendek last week. This was in response to a question whether the election in 2010 will be held in an environment where the ruling party is strong and opposition parties are weaker.

 
 
 
 
 
 
 
 
 
 
Obituary-In Memory of “King of Ethiopian Music”
   

When Tilahun Gessesse first stood in front of his family members and relatives in 1953, who had gathered in Addis Abeba for his cousin’s wedding, he perhaps never expected that after half a century later, he would become an icon in Ethiopia’s music history.

Sequel to Meles Unravels All

On the Economy  
On Gilgel Gibe III  
On Politics and Personal Future
On Global Economic Crisis
 
 
 
View Point

For a change, a story that circumstances are not as bad and impossible as they had been and that perhaps, things are looking up. Not that everything has at last gone back to ...

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Life Matters
 

I had an encounter last weekend, and I was not really sure how I wanted to express it. I am ...

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View From Arada
 

The yet to be implemented taxi zoning system is one which seems will be welcomed not only .....

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