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News
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Column
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Bank of Abyssinia Likely to Enter another Cycle of Turmoil |
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The Bank of Abyssinia (BoA) is edging closer to
another cycle of turmoil, following the resignation
of its Acting President, Chanyalew Yilma, last week,
sources disclosed to Fortune. |
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National Consultants-Hopeful Bidder to Design ET's Four-Star
Hotel |
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The private
architectural firm, National Consultants, is
emerging as a potential contender to bag a
multimillion Birr consulting contract from the
Ethiopia Airlines (ET), which is planning to build
its own four-star hotel in a vast plot near Bole
International Airport, sources disclosed. |
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Electronic
Project Spurs Assembly Opportunity |
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The Electronic Ethiopia Project will release into
the market in September 2009, 400 units of six types
of electronic products which will be assembled in
Ethiopia for the first time. This project runs under
the Engineering Capacity Building Program (ecbp),
which is a joint venture scheme between the
... |
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Flower Study
Hopes to Blossom Revenue |
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Ethiopia's flower exporters could be using better,
market enhancing packages for their stalks as of
early 2010, depending on a successful completion of
a study conducted for the horticulture association
by two Swiss based institutions. |
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| Agenda |
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A year after all-hell-broke-loose during the
Ethiopian Olympic team's... |
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Editor's Note |
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Only a few managers responsible for running
the business of public companies... |
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Economic
Commentary |
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For too long now, policy
debates in the global economy have been dominated by financial enthusiasts, such
as former American Fed Chairman Alan Greenspan. Dani Rodrik, professor of
Political Economics at Harvard University, argues that it is time for a
change. In this commentary provided to Fortune by Project Syndicate, he says
there are too many myths about the financial industry that should be debunked. |
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| Opinion |
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Last year, there were two sides to the debate. One
camp argued that the recession in the United States
would be V-shaped - short and shallow. It would last
only eight months, like the two previous recessions
of 1990-1991 and 2001, and the world would decouple
from the US contraction. |
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| Gossip |
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Today would mark the second day of a crucial meeting
by the 36-member executive committee of the ruling
EPRDF, in progress at the Prime Minister's Office.
It is a very powerful body of the ruling party,
which has the right to elect the chairman of the
party. It meets every three ... |
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"You
should be happy the Airline is making money." |
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Girma Wake,
chief executive officer of the Ethiopian Airlines (ET), retorted
to a reporter at a press conference at the Hilton last week,
when grilled as to whether or not the 1.3 billion Br gross
profits his company reported for the fiscal year 2008-09 was
attributable to sheer luck from the reduction of oil prices on
the global market. |
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Insiders Treated Like Outsiders by
Foreigners |
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A new book by Mahmood Mamdani, “Saviors and Survivors”,
provides fodder for rethinking what has happened in Darfur,
Sudan. Darfurians are suffering from the legacy of
marginalization which can only be redressed by political
reform, writes Abdul Mohammed.
Read the Review |
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INTERVIEW-Sharing
Money Important, But Not Enough: UN Rapporteur
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Fortune is pleased to take part in an unusual but
very productive collaboration with other media
outlets in Africa and Europe. Organized by
www.afronline.com, and together with newspapers in
Senegal, Mali, and Madagascar, Fortune has
participated on an online interview of Olivier De
Schutter, a special rapporteur to the United Nations
on Right to Food. |
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View Point |
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Following the broadcasting of a documentary by the American
CBS on Eleni Zaude Gabre-Madhin (PhD), the chief executive
officer (CEO) of the Ethiopian Commodities ... |
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Life Matters |
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The streets of Addis Abeba have found an intense
addition to their décor that makes them more ... |
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View From Arada |
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The Ethiopian Diaspora face many challenges stemming from
language inadequacy not to mention ... |
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