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Nation in Grief!

 

 
 
 

The flight data recorder, a.k.a black box, of ET 409 was located after four days of extensive search on Thursday, January 28, 2010, after radio frequency signals were detected from a depth of 1,300 metres under the Mediterranean Sea. Until our press time on Saturday morning, however, retrieving the box was reported to have eluded the search team. The black box, say Lebanese officials, might be hard to retrieve if it has been separated from the fuselage of the B737-800. It would take days to retrieve the box anyway, said Ghazi Aridi, Lebanese minister for Transport; the box was beyond the reach of divers and would require sea-bed combing submarines, he was quoted by the Daily Star, a newspaper of Lebanon. The accident which took the aircraft down into the Mediterranean Sea purportedly left no survivors among the 90 people who were on board, and so far only 25 bodies have been discovered, including an agent of Ethiopia’s security agency (antihijack personnel) who was aboard ET 409. The Ethiopian passengers were mostly domestics in Beirut, who were on their way to visit family here. One of them was released from prison in Lebanon, after kept under custody for nine months. Pictured above is Habtamu Benti under his aircraft, the Fokker 50, taken in 2007 upon his return to Jimma Airport, after having diverted to land at Assosa Airport, in Benishangul Gumuz, due to inclement weather and a muddy runway. PLEASE SEE THE FULL STORY

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Aviation Crash Course


 

Indian Firms Warned over Tendaho Sugar Inaction

 

The two Indian companies that were to construct the Tendaho Sugar Factory are being threatened by the government with losing the job if they do not start the work that is already two years overdue.

     

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Birr Declines Further against Mighty Dollar

The value of the Birr against the dollar has become further devalued by five per cent, after Ethiopia's macro-economic team chaired by Prime Minister Meles Zenawi made the decision on Friday, January 30, 2009.
 

     

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/NEWS ANALYSIS

Forthcoming Elections Underfoot

Many registration stations are seen idle most of the time with one or two people showing up for registration at an interval of several minutes. Looking bored, those who register the voters and the observers try to make good with their group conversations and coffee time. It seemed all registration stations were equipped with charcoal furnaces, traditional clay coffee pot and all the materials they needed for coffee making.

     

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Ministry to Buy Petroleum Transporters at 75 million Br

The Ministry of Works and Urban Development (MoWUD) has ordered 50 trucks from China at a cost of 75 million Br for the state owned Weyra Transport SC for the transport of petroleum. The money was made available through a loan agreement between Weyra and the Commercial Bank of Ethiopia (CBE).

     

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/FEATURE

Astounding Azmari Bet Strikes Back

Weh-weh, weh-weh, goes the azmari on his masenko. The Amharic word azmari comes from the word azemere, which means singing (for God). In fact the masenko was used in the time of St. Yared, the famous Ethiopian songwriter, for such purposes. But its history undoubtedly goes back much further than St. Yared of the Sixth Century.

     

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Yadot Fights Again to Regain Lost Ground to Debt

Yadot Business Group Plc (YBG) is selling water well drilling equipment to save the foreclosure of property collateralised for a loan of 23 million Br granted by the Commercial Bank of Ethiopia (CBE) nine years ago.

     

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GTZ, Israelis to Support Irrigation Dev’t

A tripartite financial and technical support agreement was signed on January 25, 2009, at the German House located in Kazanchis, Kirkos District, Addis Abeba, between the Ministry of Agriculture and Rural Development (MoARD), German Technical Cooperation (gtz) and the Israeli Center for International Cooperation regarding the implementation of irrigation projects in Amhara, Oromia, Tigray and the Southern Nations, Nationalities and Peoples regional states.

     

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Gov’t to Cease Cement Imports

For a year, since February 8, 2009, MoWUD imported 12 million quintals at close to 90 million dollars. Five million quintals was sold to the market through the Merchandise Wholesale and Import Trade Enterprise (MWITE), while the rest was used for the housing development agency and other government projects.

     

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Local Travel Agency Goes Public

Duka Travel, Tour & Lodges S.C., which was established in September 2009, elected nine board members on Sunday, January 24, 2010, during a meeting at Intercontinental Hotel.

     

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JANUARY 24 2009

Fertiliser to be Imported with 1,000 Construction Trucks

A thousand trucks that were imported a year ago by the Ministry of Works and Urban Development (MoWUD) for the transportation of building materials for government construction projects and given to private owners on credit are to be deployed for the transport of fertiliser from Djibouti.

     

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Banking Federation to Meet with Dashen Board over “Dismissals”

The Federation of Banking and Insurance is to personally conduct a follow up of the board of the Dashen Bank, according to the former. The meeting is to follow the latter’s alleged failure to respond, within 15 days, to the letter the Federation claims to have sent on January 6, 2010. The letter requested a meeting over the dismissal of employees who were involved in the formation of the first labour union.

     

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JANUARY 17 2009

MIDROC Derba to Import 1,000 Trucks at $142m

MIDROC Derba Cement factory concluded a deal with Volvo Truck Corporation for the purchase of 1,000 semi trucks (lorries) at a cost of 142 million dollars for Derba Transport Company, which is under establishment.

     

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Radio Fana Goes Digital

Radio Fana is automating its operations with the Radio-Assist Digital Audio Software Suite, acquired last December 2009 from NATIA, a French company, at a cost of eight million Birr.

     

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CBE Banks on Three New Board Members

The ousted members include former Justice Minister Assefa Kesito and Tsegaye Abebe, chairman of the Ethiopian Horticulture and Floriculture Exporters Association. The incoming members include Getachew Negera, Treasury Department head at the Ministry of Finance and Economic Development (MoFED); Nebyou Samuel, deputy director of the Ethiopian Revenues and Customs Authority (ERCA); and Essayas Kebede, director of the Agricultural Investment Support Directorate at the Ministry of Agriculture and Rural Development (MoARD). Getachew and Essayas have already confirmed that they have started work.

     

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African Leather Fair to Attract Worldwide Participation

The third All African Leather Fair (AALF), organised by the Ethiopian Leather Industries Association (ELIA) with a budget of three million Birr will open at the Millennium Hall on January 20, 2010, with participants from Africa, Europe, Asia and South America.

     

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Adama Garages Relocated due to Waste

The Adama (Nazareth) Town administration is moving all garages in town to new locations on the outskirts of the city.

     

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F E A T U R E

Timket for First Timers

This week is the week of Timket, once again, and for the best holiday experience one could travel to Gondar or Lalibela to be surrounded by the most atmospheric of landscapes (if not already there). But for many people who do not have at least a few days of vacation to spend on one of Ethiopia’s most important and most celebrated holidays, a short jaunt up to Jan Meda, east of Sidist Kilo, will prove very rewarding. Compared to Meskel, Timket is less formal, but more spirited. There is a saying that claims a dress has no value if it cannot be worn for Timket.

     

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To the Bride, Groom, All in Attendance

Yeworkwuha Tekeste hosted a wedding ceremony on January 10, 2010. It was the second, homecoming wedding for her son, the first being in the US. Like any Ethiopian mother giving her son away, the ceremony needed her watchful monitoring.

     

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JANUARY 03 2009
 
Oromia Land Use Study Handed Over to Gov’t

The 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.

     

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Matti Multiplex to Go 3-D

Nearly 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.”

     

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DECEMBER 13 2009

Nib Insurance Over-invests

Nib Insurance S.C. has not complied with the National Bank of Ethiopia’s directive which limits an insurance company’s investments in company shares to no more than 15pc of its total admitted assets, the independent auditor’s report indicated.

     

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Dashen Bank Clouds  Unionization Efforts

The organisers of the labour union also submitted a certificate of recognition given to them by the Addis Abeba City Government Labour and Social Affairs Bureau the following day. They say they had worked on it secretly for six months, assisted by the Industrial Federation of Banking and Insurance Trade Unions.

     

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Yangfan Motors Joins Ranks of Local Auto Assemblers

Yangfan Motors Plc, registered in Ethiopia by Lifan Motors, the Chinese auto manufacturer, has unveiled its new model automobiles during the launching ceremony held on Tuesday, December 9, 2009, at the Sheraton Addis.

     

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African Talent: Jewel in the Making

It all started with MTV's African Music Awards organisers' attempt at placing Ethiopia on the world music map. Determined to expand its competitor base, the award organisers approached US based Ethiopian record producer and fashion designer, Rozy Bruck.

     

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