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Prosecutors Request 25 Years for Gebrekidan Beyene |
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Prosecutors of the Ethiopian Revenues and Customs
Authority (ERCA) requested a maximum jail term of 25
years and a fine of nearly 100 million Br against
Gebrekidan Beyene, a.k.a. Morocco, general manager
and shareholder of a private limited company bearing
the same name; the court also adjourned the Ayat SC
case to October 13, 2010, for a verdict. |
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Djibouti
Denies Ethiopian Flights Operation Permit |
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Civil aviation authorities in Djibouti have denied
the Ethiopian Airlines permits for operation flights
last week, reliable sources disclosed to Fortune.
Ethiopia’s national flag carrier has subsequently
suspended its scheduled passenger flights to
Djibouti indefinitely, as of August 1, 2010, Fortune
has confirmed. |
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Getu Appeals for Media Gag in Court |
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Getu Gelete, owner of Getu Commercial Center and shareholder
of GetAs International Plc, appealed for the court to impose
a media gag to extend until its ruling is passed on the
charge instituted against him on July 23, 2010, for
fraudulent misrepresentation and arbitrary action. |
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Dozens
File Suits against Askallukan Defendants Free of Charge
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Plaintiffs in the latest Askallukan Trading Plc suit
were allowed to institute their claim against the
company without having to pay court fees (forma
pauperis), on August 4, 2010. |
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Nyala Motors Faces Amended Charge |
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Prosecutors of the Ethiopian Revenues and Customs
Authority (ERCA) presented to court the amended
charge containing 17 counts of tax evasion and money
laundering of 23 million Br against Nyala Motors SC
and nine employees on August 5, 2010. |
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| Agenda |
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A terrible road accident claimed the lives of 26
people last weekend. |
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Read More |
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Editor's Note |
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It is the responsibility of the government
and the various... |
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Commentary |
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What has
been a challenge to sustainable economic growth in Ethiopia is the deep-rooted
culture of risk aversion, particularly in areas of investment in research and
development, observes Tigabu Molla Meresa, a student at the University of Oslo,
Norway. He argues for the greater involvement of the state in the economy in
order to overcome such cultural barriers to continued growth. |
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| Opinion |
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The May 2010 national elections were transformative.
For sceptics, the nation seems to be transforming
from a dysfunctional democracy to a one-party state,
from having little room for dissenting voices to
having no room at all, from a pretentiously
deliberative Parliament to a consensual legislature,
and from having a spark of hope for democratisation
to no hope at all. |
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Gossip |
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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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"If
the information comes out, it is not ours, because it contains matters we have
not agreed upon." |
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Beyene Petros (Prof), former president of the Forum for Justice
and Democratic Dialogue (FJDD), a.k.a. Medrek, spoke about a
report that he said he suspected was stolen by the media, during
a press conference announcing the forum’s reformation to a
front, published in the Amharic weekly, Addis Were, on August 2,
2010. |
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Ever since the ousting of Imperial rule back in the early
1970s, tens of thousands of Ethiopians have journeyed to
neighbouring countries, hoping for transit to a western
nation. Kenya remains one of these countries that continues
to host Ethiopian refugees, .....More |
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On July 28, 2010, a large majority of the united nations
(UN) General Assembly adopted a resolution recognising “safe
and clean drinking water and sanitation” as a human right.
Considering that 2.5 billion people lack ......
More |
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View Point |
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Yohannes
Woldegebriel's views headlined, “Real Estate
Developer's Bogus Promise on Interest" (Volume 11,
Number 535, August 1, 2010), are misleading, for it
is .. |
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The Fine Line |
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Several at the gossip corridors in the capital
have not been able to establish where Ethiopia’s government
stands in its precarious relationship with Western allies,... |
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View From Arada |
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Passersby look on with morbid curiosity at the aftermath of
the tragic accident involving.... |
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