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, 12 Jul 2010 00:00:00 +0300 Members of Parliament make their way out of Parliament on Wednesday, July 7, 2010, at the end of its 5th special session, marking the end of the third Parliament’s tenure. For most opposition MPs, this is the last time they will walk the halls of Parliament for the next five years and, for some, perhaps, ever. The outgoing Parliament includes the largest number of seats ever won by opposition MPs, 32pc of the 547 seats. This Parliament will also be remembered for the largest average inflation rate in the country is history, at 45.2pc in 2008/09; approving troops to be sent to Somalia; approving the largest budget ever, at 77.2 billion Br; and passing three controversial laws, includingthe antiterrorism law, media law, and charities and societies law. Opposition MPs walk out knowing that the next Parliament will be virtually homogeneous, with all but four seats held by the incumbent and its affiliates. Some popular faces from the opposition camp made bittersweet comments in their last speeches of the outgoing Parliament about its performance as well as a few words of caution and goodwill.http://www.addisfortune.com/addisfortunenews.htmMon, 12 Jul 2010 00:00:00 +0300A criminal court in Djibouti sentenced Abdourahiman Boreh, the self exiled but richest businessman from Djibouti, to a 15-year prison term and a fine of 56,000 dollars. http://www.addisfortune.com/Djibouti Sentences Prominent Businessman to 15 Years.htmMon, 12 Jul 2010 00:00:00 +0300The Ministry of Finance and Economic Development (MoFED) is to propose 772.3 million Br, which is one per cent of the budget for 2010/11 the next fiscal year, for salary increment of civil servants. http://www.addisfortune.com/MoFED to Propose 772m Br for Pay Raises.htmMon, 12 Jul 2010 00:00:00 +0300The Federal Supreme Court upheld the decision of the Federal High Court, which rejected a 20.4 million Br defamation claim by real estate pioneer Ayat SC, against Independent News & Media Plc (INMP), publisher and distributor of Fortune newspaper. http://www.addisfortune.com/Court Exonerates Fortune from Record Lawsuit.htmMon, 12 Jul 2010 00:00:00 +0300The private sector is to get access to the Prime Minister on a regular basis to address their concerns based on a memorandum of understanding (MoU) signed between the Ministry of Trade and Industry (MoTI) and the Ethiopian Chamber of Commerce and Sectoral Association (ECCSA) on Thursday, July 8, 2010. http://www.addisfortune.com/Private Sector to Get Regular Meetings with PM.htmMon, 12 Jul 2010 00:00:00 +0300The relocation of residents living in the area behind the Sheraton Addis Hotel has been postponed by two weeks amid their complaints of insufficient compensation from the Arada and Kirkos districts. http://www.addisfortune.com/Residents Complain about Compensation.htmMon, 12 Jul 2010 00:00:00 +0300The World Bank has made public its annual assessments of the policies and institutional qualities of member countries eligible for grants from the International Development Association (IDA), an organisation in the World Bank Group. http://www.addisfortune.com/WB Rating Slams Ethiopia’s Gender Inequality.htmMon, 12 Jul 2010 00:00:00 +0300Zemen Bank SC is to offer parts of its loan funds to micro finance institutions (MFIs) through an agreement signed with KfW Entwicklungsbank, a developmental bank owned by the government of Germany, on Tuesday, July 6, 2010. http://www.addisfortune.com/Zemen Bank, KfW Sign Deal to Boost Microfinance.htmMon, 12 Jul 2010 00:00:00 +0300The financial result, which is yet to be audited, showed a slight increase in the gross profit of the previous year that stood at 2.7 billion Br, which in turn was significantly higher than the preceding year when the gross profit was 1.9 billion Br. http://www.addisfortune.com/CBE’s Gross Profit of 2.8b Br.htmMon, 12 Jul 2010 00:00:00 +0300The Commercial Bank of Ethiopia (CBE) filed a 43.6 million Br claim against Mam Trading Plc and its Director General Musema Aman, along with his wife, Munaja Temam, for the recovery of a loan the latter took out a year earlier; the court passed an injunction order on several properties belonging to the defendants. http://www.addisfortune.com/Giant Sues Couple, Co for 43.6m Br.htmMon, 12 Jul 2010 00:00:00 +0300The Bank of Abyssinia (BoA) shortlisted four international vendors on Thursday, July 8, 2010, of which one will be awarded the contract to help the bank implement core banking solutions at the end of this week. http://www.addisfortune.com/Abyssinia Latest Bank to Connect to Core Banking.htmMon, 12 Jul 2010 00:00:00 +0300Find out about all the Entertainment news From Addis Fortunehttp://www.addisfortune.com/Fortune_Entertainment_news.htmMon, 12 Jul 2010 00:00:00 +0300All the Brief News Articles from various papershttp://www.addisfortune.com/newsinbrief.htmMon, 12 Jul 2010 00:00:00 +0300Get all the Previous Volums of the News paperhttp://www.addisfortune.com/Addis_ Fortune Archive.htmMon, 12 Jul 2010 00:00:00 +0300