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Fallout Over Koka Power Outage
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Electric supply has become stressed following the
burning of the substation transformer for Koka
Hydroelectric Dam on February 3, 2010, three weeks
after the news of the collapse of the tunnel of the
Gilgal Gibe II Hydroelectric Plant. |
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ERA Asks MoFED for 2.9b Br
Extra |
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The Ethiopian Roads Authority (ERA) has requested of
the Ministry of Finance and Economic Development (MoFED)
a 2.9 billion Br supplementary budget, a reliable
source disclosed. |
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Awash VP, 10 Others Accused of
Mishandling Funds |
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The Board of Awash International Bank (AIB) sent on
forced leave Mitiku Abeshu, its vice president for
international banking for an alleged misdemeanor
related to handling letters of credit (LC); 10 other
employees holding different positions have also been
affected by similar decisions.
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Kajo Construction to Regurgitate Roads Project |
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Kajo International Construction Plc is giving up on
a road construction project it was awarded by the
Ethiopian Roads Authority (ERA) due to financial
constraints, although the project completion is
already overdue by three years. |
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Italians Part of Succession of
Four Business Delegations |
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An Italian business delegation, organised by the
Italian Institute of Foreign Trade, has been in
Addis Abeba since last Wednesday to participate in
the 14th Addis Chamber International Trade Fair (ACITF).
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| Agenda |
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The Addis Abeba City Council meet for its annual
meeting on ... |
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Editor's Note |
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When Girma Wake, the seasoned chief
executive officer of Ethiopian Airlines... |
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Economic
Commentary |
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Whether or not there is a
structured market regulated by law and enforced, a primary market for shares is
flourishing in Addis Abeba. Over 23 companies have currently made initial public
offerings of their stock, fighting to get a slice of the public's money. The
state has not been enthusiastic in helping this market emerge and blossom. Abbas
Mohammed, a private legal consultant, sees the emergence of a form of stock
exchange in Ethiopia inevitable, and offers here his expertise on which way to
go. |
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| Opinion |
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Yes, agriculture accounts for nearly half of
Ethiopia’s GDP and provides employment for nearly
85pc of the population. Just about every foreign
currency the country earns comes from agricultural
commodities; and the Ministry of Agricultural and
Rural Development (MoARD) asserts an 11pc growth in
the sector during the past five years. |
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Gossip |
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The campaign trail has begun, albeit slowly and
unexcitingly to the tastes of those at the gossip
corridors. Nevertheless, Addis Abebans are having a
hilarious take on the campaigns by different parties
broadcast on the national TV, every night. |
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Read More |
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"I
believe that modernity is a shared public culture." |
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Andreas
Esheté (Prof), president of Addis Abeba University, said this to
an audience gathered at the Ras Mekonnen Hall of Addis Abeba
University to attend his public lecture entitled, "What is
Unique about Modernity? on February 24, 2010. The lecture is the
launch of a series entitled, "What is Zemenawinet'? Perspectives
on Ethiopian Modernity" that is organised by Addis Abeba
University, Friedrich-Ebert-Stiftung and the Goethe-Institut. |
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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 |
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At last, the National Electoral Board of Ethiopia (NEBE)
officially ended the registration of parties running
in the May 2010 election on February 22, 2010. The
registration of voters ended the same day.
Find
out More |
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Guests
invited to the Intercontinental Addis Hotel, at the heart of
good old Kazanchis, for a book launch were asked if they
wanted to pay 40 Br more on top of the cover price. The
prize? Author Lidetu Ayalew, would autograph his new book, “Medelot,”
literally translated “Scale,” as some of us learned after a
few telephone calls......More |
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Voters’ registration for the forthcoming national
election will come to an end today, February 21,
2010, after national electoral officials postponed
the deadline twice from its original schedule. Yet
the latest data from the authorities revealed that
2.1 million more ........More |
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View Point |
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While
Ethiopia has missed the industrial and green revolutions it
appears to be setting itself up for failure in the today's
revolutions of ICT and education. Unless the telecom
sector... |
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Life Matters |
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I
firmly believe that people or things do not
fundamentally change. I do believe there is room .. |
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View From Arada |
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As
Demissie Damte, Ethiopia’s iconic sportscaster, battles
diabetes for the right .. |
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