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Construction Bank Replaces Addisu Habba

Betrework Tafesse, who has served in different capacities at the Construction and Business Bank (CBB) for the last 17 years, has been appointed as the bank’s acting president. Addisu Habba, who has been the president of CBB, has had his nomination for the top position at the Bank of Abyssinia (BoA) approved by the National Bank.

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Slim Chance for City to Repay ETC’s One Billion Birr Loan

The Administration approached ETC when it faced budget deficits for the year, agreeing to return the money by December 2009. However, the prospects, as seen from the first quarter of the      2009/10 fiscal year appear bad, city officials say.

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Arkebe Deals a Blow to the Houses Agency

The Government Houses Agency (GHA) could involve in real estate development according to the proclamation by which it was established. Real estate development was also one of the major issues addressed by its business process reengineering (BPR).

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Coal Mining Project Wants for Deeper Pockets

The project study had predicted that 300,000tns of urea, 20,000tns of methanol and 90Mw of electricity could be produced from the vast accumulation of coal in the area, which is located in Illubabor zone of the Oromia Regional State.

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Agenda    

Supported by Prime Minister Meles Zenawi and undaunted by the....

 
   

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Editor's Note  

There is a standard law regarding sound, which puts a restriction on ....

 
   

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Economic Commentary  

The neo-classical economic model, which tolerates inequality in order to compensate individual effort and initiative, may have worked for the 19th and 20th centuries. However, it is no longer suitable for the challenges of the 21st Century, where corporate chiefs can no longer relate their bonus bonanza to any of their efforts, argues Joseph E. Stiglitz, professor at Columbia University and winner of the 2001 Nobel Memorial Prize,...

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Opinion  

There is little doubt that green will be the metaphorical colour of choice for world leaders when they gather at the G-20 Summit in Pittsburgh. Attention will focus on turning the “green shoots” of recovery into sustainable ...

   

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  Gossip  
 

The Constitution, signed into a sovereign expression by none other than Negasso Gidada (PhD) while he was once president of the young Republic, declares that Ethiopia is a political community that belongs....

   

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  Radar and  Photo Caption  

 

More articles... and Photo Caption
 
 
 
 

"We will strive to ensure the continuity of growth in agriculture . . . despite challenges as a result of the late arrival of the rainy [monsoon] season and its early interruption in some places of our country."

Girma Woldegiorgis, president of the Republic, shared his concerns to members of both houses at their joint annual session on Monday, October 5, 2009.

The failure rain and the threat of drought is a concern to many in the development cooperation circle that the current Ethiopian fiscal year will remain a trying time to the macro economic management of this administration.

 
 
 
 
 
 
 
 
 
 
ECX: The Avant-Garde of this Business Generation
 

And it has a founder, an architect of the whole marketing system now in place, who is known to be articulate and assertive. Eleni Gabre-Madhin (PhD), chief executive officer (CEO) of ECX, has talked to Hilina Alemu, our editor-in-chief, about the four initiatives she is planning to introduce during this Ethiopian fiscal year. These initiatives will radically transform how markets function in Ethiopia,  .. Read More


Happy Birthday to the Late, Great  Tilahun Gessesse

 
 

Tewodros Kasahun, aka Teddy Afro, once said that the legendary Ethiopian singer, the late Tilahun Gessesse had carried him in his arms when he was a child and bought him Fanta. He praised Tilahun as “the other lion”, in line with Kenenisa Bekele - whom he honoured in an .. Read More

 
 
 
 
View Point

Neither the real estate market nor the high end business community, at the top of the income distribution ladder, appear to feel the economic slowdown. Rather these high ...

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Life Matters
 

The Revolutionary Democrats have celebrated 'Flag Day' on Monday, October 5, ...

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View From Arada
 

If the essence of time is acutely stressed by most western nations, Brussels should be considered ....

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