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Oracle Aids Zemen’s Core Banking |
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Zemen Bank with its automated banking system has
gone one step further in choosing Oracle’s FLEXCUBE
Core Banking, which beat out four international
software vendors. Oracle’s proposal for Zemen’s new
modules promises to achieve a higher quality of
banking service. |
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Shoe Firms Undergo Testing for Big US Deal |
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Ethiopian shoe factories are to sell six million
dollars’ worth of shoes through USAID’s Agribusiness
and Trade Expansion Programme (ATEP) after
delivering the test order issued to them. |
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Sunshine Inaugurates 148.2km Wollega Road |
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Sunshine Construction inaugurated the 148.2km
Nejo-Jarso-Begi gravel road in Western Wollega Zone, Oromiya,
on Saturday, June 26, 2010, constructed at a cost of over
200 million Br. |
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Committee Proposes Nile Basin Initiative
Budget Cut |
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The budget of the Nile Basin Initiative (NBI) has
been proposed to be cut by a quarter, following an
underperformance of 41pc on the previous year’s
budget of 15.2 million dollars. |
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United Bank to Grant Loans Based on
Warehoused Produce |
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Farmers and businesses in Ethiopia are now able to
borrow money from United Bank SC against agriculture
products and goods stored at warehouses of the
Ethiopian Commodity Exchange (ECX) through
“warehouse receipt financing.” |
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| Agenda |
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After finishing a pilot project to solve title deed
problems in ... |
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Editor's Note |
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In the days to come, the third outgoing
Ethiopian Parliament will vote on the .... |
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Economic
Commentary |
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Ethiopia has moved to restore economic stability
while maintaining strong growth. Nonetheless, halting demonetisation and
promoting financial deepening should be its short term priority, argues Paul
Mathieu, from the IMF’s African Department. Prudent budget management needs
stronger revenue efforts, Mathieu also argues. |
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| Opinion |
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Africa is again high on the global agenda and, this
time, for all the right reasons. With the kickoff to
the World Cup in South Africa, people are seeing not
just South Africa but the entire continent as an
equal partner in this extraordinary global
celebration. |
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Gossip |
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There is so much discontent within the business community. It is
largely as a result of what many consider harassment
by tax authorities.
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"It
is unfortunate that we are going back to where we were 20 years ago after a 19
year experiment with multiparty democracy." |
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Seyee Abreha, vice president of Unity for
Democracy and Justice (UDJ), said this in responce to the VOA,
following the National Electoral Board of Ethiopia’s (NEBE)
annoucement of the final results of the May 2010 National
Elections. |
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Just a
few months after news hit the airwaves about the Tigray
People’s Liberation Front (TPLF) allegedly mismanaging aid
money sent to mitigate the 1985 Ethiopian Famine, another
debate about aid and Ethiopia has flared, this time not on
the airwaves but on the Internet.
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Interview-Digging Deep into Land Issues with Addis Abeba’s
General
Manager |
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A critical report on land use and transfer was released on
June 14, 2010 by the special taskforce for the Addis Abeba
City Administration. ZEKARIAS HADDUSH, FORTUNE STAFF WRITER
spoke with Mekuria Haile, general manager of the Addis Abeba
City Administration, and asked how the administration
planned to solve the problems and challenges outlined in the
report......
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View Point |
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Today, all economies of the world are increasingly
threatened by a host of economic crimes, which
governments of all kinds have to tackle and address.
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Life Matters |
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It would be foolish to
pass up yet another opportunity this year to write
about the contemporary history .... |
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View From Arada |
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Today, cinemas are very popular
in Addis Abeba, to the extent that students ... |
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