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Awash Bank Vice President Sentenced to Six Months

Eshetu Fantaye, Vice President of Awash Bank, was sentenced to six months of imprisonment and a fine of 4,000 Br on February 3, 2010, for causing the loss of the life of a pedestrian in a car accident two years ago on February 6, 2008.

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Chinese Bid of 415m Br Wins Bahir Dar Complex Construction 

Chinese company Jiangsu Construction beat six local and international contractors to win a 415 million Br project from the Amhara Regional State.

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Chinese, Indian Firms Dominate Two Habesha Cement Bids

One Indian and four Chinese companies offered tenders for the engineering, procurement and construction (EPC) of Habesha Cement Factory.

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Gonder University Hospital Gets First CT Scanner

Gonder University Hospital awarded Boston Medical Plc, a local company, a 5.6 million Br contract for the supply of a CT scan machine, two weeks ago; the machine will be procured from US based General Electric Healthcare ..

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ESL Expands Despite Delayed Debts

The Ethiopian Shipping Lines (ESL) is taking its time in the face of complaints over the delayed payment of  slots rented on other shipping companies for inbound and outbound cargo.

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Agenda    

Voters’ registration for the forthcoming national election will come to an end....

 
   

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Editor's Note  

It has now been a little less than a year since the eloquent and deep-seated ...

 
   

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Economic Commentary  

The reappointment of Ben Bernanke as chairman of the US Federal Reserve Board is lauded by some and disparaged by those who are critical of the notion of central bank independence. Howard Davies, director of the London School of Economics, asserts that Bernanke's policies, a throwback to the Greenspan age, have critics in doubt over his continued suitability, which has, in turn, been tangled in a broader critique of the Fed's actions.

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Opinion  

Over the past few decades, the International Monetary Fund became associated with excessive fiscal austerity, extreme political insensitivity, and – since the Asian financial crisis of 1997through1998 – with an out-and-out stigma. Countries borrowed from the IMF only under duress, when all else failed – and when there was simply no other way to pay for essential imports.

   

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  Gossip  
 

Had it not been for good old Muammar Al-Gaddafi, of Libya, the club of the African heads of state would be one that is boring, even to the thousands of delegates themselves. Credit goes, in earnest, to him for spicing up the African Union (AU) summits - wherever they are held.

   

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  Radar and  Photo Caption  

 

More articles... and Photo Caption
 
 

"Civil servants remain at their jobs if they become EPRDF (Ethiopian People's Revolutionary Democratic Front) members."

 Gebru Asrat, public relations head of the opposition party Forum for Justice and Democratic Dialogue, told the Amharic weekly newspaper, Negadras, on February 12, 2010. Academic freedom has been influenced to the extent that if someone wants to become a director or a schoolteacher, he or she has to become a member of the ruling party, he said.

Final Farewell

 
 

Only three bodies among the eight flight crews, one of whom has not so far been named, who were aboard ET409 which crashed immediately after taking off on its fatal flight from Beirut to Addis Abeba were delivered Sunday, ......More

 

 
 
 
 
 
 
 
 
 
 
Electoral Punch-Opposition Vs EPRDF in 2010 Election
 
 

Being an incumbent is an advantage when the one that was in power previously was bad by nearly all standards, such as the Derg. Whatever good there is in the incumbent will be compared against the poor standards of the former regime.  .....More

 

Electoral Punch-Which Way to Power in Ethiopian Politics?

 

Why take the long walk to power? Democracy, what is that? Merera Gudina (PhD), Beyene Petros (Prof) and other scholarly political naives have spent a longer time to get elected than the Tigray People’s Liberation Front (TPLF) – later the .....More

 

INTERVIEW-DSTV All in One Touch

 
 

MultiChoice Ethiopia and its parent company MultiChoice Africa celebrated the addition of 25 new channels, after the recent launch of a W7 Ku-Band Satellite. Now DStv subscribers in Ethiopia can get access to the 25 new channels in different packages at different  .....More

 
 
 
 
View Point

The global group of scientists tackling the state of climate science, has faced harsh criticism for the work they have done so far. These scientists, argues Jeffrey ....

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Life Matters
 

There are a number of subjects that never fail to get my attention. On more than one occasion ....

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View From Arada
 

The socio-cultural differences between Brussels and Addis Abeba are compared ....

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