http://www.addisfortune.com/index.htm Addisfortune is the Largest English Weekly in Ethiopia. http://blogs.law.harvard.edu/tech/rss Jitbit RSS Feed Creator Mon, 04 Jan 2010 00:00:00 +0300 In the aftermath of a grand deal on electoral code of conduct between political parties up for contest in the forthcoming national elections, party leaders have now struck another deal on one of the most tenacious issues that has been marring electoral business in the past. On Friday, late afternoon, January 1, 2010, two negotiators representing each of the four parties, including the incumbent EPRDF, and an additional four negotiators delegated by another 60 parties, agreed on a formula over how to use airwaves in the state electronic media and space on newspapers owned by the state. The original formula was composed by the Ethiopian Broadcasting Authority (EBA). It suggested a ratio of airtime allocation 60pc based on the number of seats in parliament; 10pc based on the number of candidates fielded for the upcoming national election; and the remaining 30pc shared equally among all the contested parties. Although this was originally accepted by the Revolutionary Democrats and the Coalition for Unity and Democracy (CUD), other parties, particularly the liberal democrats, the Ethiopian Democratic Party (EDP), and the All Ethiopian Unity Party (AEUP), rejected it. The later tabled a counter proposal with a ratio of 60pc shared equally among parties, 30pc based on the number of parliamentary seats, and the remaining 10pc based on numbers of candidates to be fielded. EDP’s proposal happens to be the dealmaker. In the photo from left: Bereket Simon (MP-EPRDF), Lidetu Ayalew (MP-EDP) and Hailu Shawel (Eng.) from AEUP, at a dinner the President hosted in the Jubilee Palace back in November 2009. PLEASE SEE THE FULL STORY http://www.addisfortune.com/addisfortunenews .htmMon, 04 Jan 2010 00:00:00 +0300Investigators at the Ethiopian Revenues and Customs Authority (ERCA) are probing the books of an Israeli company that was granted a management contract for the Addis Abeba Cement Factory, over an alleged tax violation, sources disclosed. http://www.addisfortune.com/Israeli Firm under VAT Investigations .htmMon, 04 Jan 2010 00:00:00 +0300The Ethiopian Commodity Exchange (ECX) sold 150 full membership seats for a total of 34 million Br last Thursday, December 31, 2009, Muluneh Kaka, a businessman in the coffee export business making the highest offer at 3.3 million Br for a seat. http://www.addisfortune.com/Businessman Bids 3.3m Br for a Seat at ECX .htmMon, 04 Jan 2010 00:00:00 +0300The Ministry of Health (MoH) is working on the adjustment of the national salt iodisation project in a bid to eliminate challenges in its implementation and to reduce costs of iodisation by 18 Br per quintal. http://www.addisfortune.com/Iodisation Reorganization to Reduce Cost of Salt .htmMon, 04 Jan 2010 00:00:00 +0300The general assembly of Nile Insurance Company S.C., which was held at the Hilton Addis on Saturday, December 26, 2009, ended with an agreement to raise the capital of the company from 43.9 million Br to 100 million Br to buttress the company’s financial capacity; the assembly has also agreed to retain all four million Birr earned so far in the 2009/10 fiscal year. http://www.addisfortune.com/Nile Insurance to Flood Capital to 100m Br.htmMon, 04 Jan 2010 00:00:00 +0300This January, the ministry will introduce the pneumococcal immunisation for children less than one year old all over Ethiopia, Health Promotion and Disease Prevention Director General Kesetebirhan Admasu (MD) told Fortune. The programme will be carried out for three straight years at a total cost of 66 million dollars, of which 64 million has already been pledged by the Global Alliance for Vaccines and Immunisation (GAVI), the remaining two million dollars coming from the government will cover the remaining two million dollars required for providing support. http://www.addisfortune.com/Ministry of Health to Fight Pneumonia with $246m Plan .htmMon, 04 Jan 2010 00:00:00 +0300The Oromia Water Works and Design Enterprise (OWWDE) is to hand over the last of the land use management study it has been undertaking for the Oromia Special Zone Land Administration and Environmental Protection Office this January 2010. http://www.addisfortune.com/Oromia Land Use Study Handed Over to Gov’t.htmMon, 04 Jan 2010 00:00:00 +0300Nearly four years ago, Jeffrey Katzenberg, one of the most influential persons in American Cinema, was inspired while watching the adventure-filled Christmas animated movie, “The Polar Express” in three dimensions (3-D). The DreamWorks Animation CEO gathered his team immediately afterwards. “I have seen the future of cinema, and it is 3-D,” he said. “…Whoever gets into it at the beginning … is going to profit the most.” http://www.addisfortune.com/Matti Multiplex to Go 3-D .htmMon, 04 Jan 2010 00:00:00 +0300The Addis Abeba Lease Board, chaired by Mayor Kuma Demeksa, blamed city administrations since Ali Abdo's mayoralty for the 12-year delay of the construction of Mohammed Ali Al-Amoudi's Huda Real Estate Towers, and gave the company the green ligth to keep the land and proceed with construction. http://www.addisfortune.com/City Responsible for Al-Amoudi's Twin Towers Delay .htmMon, 04 Jan 2010 00:00:00 +0300The Commercial Bank of Ethiopia (CBE) selected the architectural design for its future headquarters, last Tuesday, December 29, 2009, at an award ceremony held at the Sheraton Addis Hotel. http://www.addisfortune.com/CBE Selects Design for Headquarters .htmMon, 04 Jan 2010 00:00:00 +0300Find out about all the Entertainment news From Addis Fortunehttp://www.addisfortune.com/Fortune_Entertainment_news.htmMon, 04 Jan 2010 00:00:00 +0300All the Brief News Articles from various papershttp://www.addisfortune.com/newsinbrief.htmMon, 04 Jan 2010 00:00:00 +0300Get all the Previous Volums of the News paperhttp://www.addisfortune.com/Addis_ Fortune Archive.htmMon, 04 Jan 2010 00:00:00 +0300