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Dashen Bank’s Big Profits Benefit Employees |
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The financial performance figures will be presented
to shareholders on November 7, 2010. Following the
bank’s performance last year of 352.4 million Br in
profits, 109 million Br was approved for dividends
at the 15th ordinary and the 13th extraordinary
general assembly of the bank’s shareholders held on
October 29, 2009, at Sheraton Hotel.
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Southern State Endorses 6.1b Br Budget |
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Hawassa (the seat of SNNP), eight special zones, and
13 regular zones are to take close to 4.3 billion Br
of the total budget. About 800 million Br is to be
used by regional offices and secretariat bureaus for
administration work. Close to 900 million Br is to
be allocated for the design and construction of
roads and education and health institutions in
addition to finalising the construction of the
regional council building.
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Dry Port Auth. Nixes Steder’s Management Contract |
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The Ethiopian Dry Port Authority (EDPA) cancelled the
management contract of Steder Group BV Liner Agency for
Ethiopia’s first dry port facility located on the outskirts
of Mojo Town, 73km east of the capital. |
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Shimeles Eshete (Eng), the longest serving acting
general manager of Midroc Construction Ethiopia Plc,
was replaced on Friday, July 16, 2010, with Nigussie
Abera (Eng), who has been serving as project manager
in the company. |
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OIB Selects Core Banking Vendor |
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Oromia International Bank (OIB) became the newest
entrant to the list of banks in the process of
installing core banking solutions by selecting
Infrasoft Tech International and its local partner
as its vendor on July 9, 2010. |
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| Agenda |
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As the National Bank of Ethiopia prepares to upgrade
to an... |
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Editor's Note |
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Tax is one of the major mechanisms that
governments... |
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Commentary |
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The Failed
Sate Index, annually conducted by the US-based Fund for Peace (FfP), measures
states’ vulnerability or risk of conflict. The index’s premise that all states
are prone to fail might paint a grim picture of the world, but by measuring the
vulnerability of a country .... |
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| Opinion |
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For a few minutes on July 6, 2000, time stood still
for many people in South Africa, Africa and the
African Diaspora. |
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THE FINE
LINE |
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Here it goes again; regime change in Somali Regional
State, one of the half dozen over the past decade.
Claiming notoriety for such political turmoil, the
regional state and a few of its peers among
peripheral states in
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"We
have a nasty habit of marginalising those who disagree with us and tell it like
it is." |
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Alemayehu G. Mariam (Prof), a fierce critic of Prime Minister
Meles Zenawi’s administration residing in the United States,
expressed his indignation in one of his blogs a couple of weeks
ago, on what he described as an “Ethiopian intellectual crisis.”
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Elfenesh
Negusse, a single mother of 40, lives in Arat Kilo, Kebele
13/17, in Arada District in a room that can hardly fit three
people. The area where the house is located, Basha Wolde
Chelot, behind the Ministry of Education, is set for
demolition for
.....
More |
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In what
has become an iconic part of Addis Abeba’s food scene, juice
bars offer a refreshing respite from the crowded, sooty
streets of the capital and the stuffy office spaces of its
growing business sector. Sharing a common style and decor,
the only variations......
More |
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View Point |
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For the past 19 years, Ethiopia has been made to
sing one tune over and over again, to the extent
that every other nation in the world has tired of
listening to the melody. |
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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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There are
many homeless people in the city who, in the past, had a
safe haven to turn to in the church. |
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