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The repeated attempts to get an audience with senior level officials including Prime Minister Meles Zenawi by the Donors Assistance Group (DAG) has finally reached fruition after five letters were sent to Neway Gebreab, chief economic advisor to the Prime Minster and Sufian Ahmed, minister of Finance and Economic Development. Members of the group will now have the opportunity to speak to officials in government on issues of democratic governance.

Meles to Meet Donor’s Rep.

Prime Minister Meles Zenawi will be meeting representatives of donor countries dubbed as Developments Assistance Group (DAG) on Monday morning, May 8, 2006. Invited by the government, this will be the first meeting since early 2005 for the DAG members to face the Prime Minister with the intention to talk about issues of democratic governance.

 

Neway Gebreab, chief economic advisor to the Prime Minister with a ministerial portfolio and chair of the government’s governance committee, sent a letter to Ambassador Timothy Clarke of the European Commission (EC) initiating the meeting. For the donors, it took five official letters written since November 2005 to Neway and Sufian Ahmed, minister of Finance and Economic Development (MoFED), to get an audience with senior officials of the government, including the Prime Minister.

 

Diplomats take this opportunity as a beginning of continues dialogue, which has been in absence since the political violence following the May 2005 national elections. Their relationship with the government has been .......
 

 

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At 60, Ethiopian Inaugurates Cargo Terminal and Maintenance Hanger

After five months of delays, the 240 million Br cargo terminal at the Bole International Airport was inaugurated by Prime Minister Meles Zenawi on Friday, May 5, 2006. 

With the anticipation of the growth in the export of perishables such as flowers, fruits, vegetables, and meat to the international market, the government project to construct an expanded cargo terminal began almost three years ago.

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Gov’t Nominates Ex-Derg Official to Head Caretaker Admin

Berhanu Deressa, a former official in the Derg regime, is being recruited as the head of Addis Abeba's new Caretaker Administration.
 

Prime Minister Meles Zenawi announced in a report that he gave to parliament last month that the government would give way to a caretaker administration that would govern the city for a year before holding second elections if the elected council members did not take over the city council in the three week period that was given to them during the same speech.

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Int’l Co’s Given More Time to Bid for Ambo JV

The famed state owned mineral water producer, Ambo Mineral Water Factory (AMWF), has extended the time limit to submit expressions of interest in its search for an international company to enter into a joint venture to conduct a 150 million Br expansion project.
 

The project would increase the capacity of the factory by three fold from its current one.

The expansion is expected to commence in 2006 - 2007; the factory put out an international call to tender at the beginning of March 2006 the original closing date was set for May 2, 2006

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ADDIS FORTUNE NEWS
 

Oil Companies Get Kerosene in Rations

     
 

Although the Ethiopian government and Ethiopian Petroleum Enterprise (EPE), the  importing body for all the fuel consumption in the country, has been stating that there is no fuel shortage to speak of, oil companies that sent transport vehicles to ship Jet A1/Kerosene inland have been receiving the fuel in rations at the Port of Djibouti.

 

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Mugher Evaluates Two Co to Procure Slip Ring Motor Tender
     
 

Mugher Cement Enterprise has qualified two of the four companies that participated in a tender to procure a 1.6 million Br slip-ring motor for a cement milling machine that it opened two weeks ago.

Mugher, the largest of the three state owned cement producers in the country, is located 155Km west of Addis Abeba where it has two processing plants. One of the plants has had its Klinker Mill motor go out of service. In order to replace the parts that the machine needs, the Enterprise floated a tender at the beginning of March 2006.

 

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Mugher Awards 1.5b Br Bid to Chinese Sinoma

     
 

Mugher Cement Enterprise, the largest cement producer in the country, has awarded the third phase of its expansion project, expected to cost close to 1.5 billion Br, to the Chinese company Sinoma International.

 

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Youngest Oil Company Registers 349,000 Br Four Month Gross Profits
     
 

Yetebaberut Beharawi Petroleum (YBP), owned solely by Ethiopian shareholders, registered a 349,000 Br gross profit.

The distribution of fuel on the local market for over 50 years was dominated by four multinational companies: Shell, Mobil, TOTAL and Agip. The latter sold its properties and businesses to Shell Ethiopia and left the country in 2003. The remaining three had controlled the market until the Council of Ministers passed a decision on October 31, 2003, to end the control of the international oil firms and allow other investors to engage in the business.

 

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AAWSA Finally Get Administration Autonomy
     
 

The management of the Authority, along with the employees union, presented a request to the Administration asking that it be administered by the proclamation and be able to handle employee issues autonomously. The City Administration had been handling all the workers issues of the Authority up to that point. The union, which was denied recognition after 2003, was working to transfer the Authority following the employer and employee proclamation’s regulations.

 

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Addis Looks to South Africa as Model for City Plan
     
 

The Federal Planning Institute has set its sights on a new, South African developed, Integrated Development Plan (IDP) for Addis Abeba.
 

Experts in the sector are adamantly opposed to the new plan claiming that the current structural strategic approach that is being implemented is more than sufficient.

 

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Civil Service College to Return EEPCo’s Facility
     
 

The Ethiopian Civil Service College (ECSC) is going to return a training centre at the Kotebe area to its former owner, the Ethiopian Electric Power Corporation (EEPCo), after having used it for 11 years.
 

EEPCo has had its old facility returned to it after deciding to reopen a training college for graduate studies.

 

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Parliamentary Debate on Five- Year Draft Plan Continues
     
 

This is the first of the plans that was presented for public debate, the first two having been passed by the Council of Ministers without being brought before the House of People’s Representatives.

 

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Abdul Mohamoud Calls on Ethiopian to Emphasize African Roots
     
 

Abdul Mohamoud, executive director of the InterAfrica Group, an NGO better known for organizing political debates among parties during elections, has called on managers and board members of Ethiopian Airlines to strongly emphasis the airlines’ African roots and honour the continent’s heroes, including the legendry Abebe Bikila.

 

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Agreement to Ease Up Product Dumping

     
 

Recently, a group of senior Ministers including Girma Biru, minister of Trade and Industry visited China to articulate the concern of product dumping to the Ethiopian market. The two nations have now signed a Pre Shipment Inspection agreement.

 

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Wegagen’s Long Awaited Branch Opens in Togochalle

     
 

The branch office that Wegagen Bank had been planning for four mounths for the border town of Togochalle, 745km east of Addis Abeba, finally opened its doors on April 28, 2006.

 

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Garad’s Initiative Breaks National Athletics Record
     
 

Garad Plc has paid 70,000 Br for promotions and has allocated more than 20,000 Br worth of prizes as the official sponsor of this year’s Ethiopian Athletics Championships that are being held between May 3 - 7, 2006.

 

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City Admin Land Allocation Sparks Dispute between YBP, NOC

     
 

The plot that was awarded to both Yetebaberut Beherawi Petroleum (YBP) and the National Oil Company (NOC) by the Addis Abeba City Administration’s Land Administration and Development Authority has led the two local oil companies to take their case before the courts.

 

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Agenda
At the Age of 60 Ethiopian Re-charts its Future Course
Charting a new course at the age of 60, will one of Africa’s prominent airlines go as far as privatisation? The idea is being floated among several people, including development partners and Ethiopian’s own staff, discovered Tamrat G. Giorgis, Fortune Staff Writer

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Economic Commentary
 
 

The Board of Directors of the International Monetary Fund (IMF) has issues their intake on the management of Ethiopia's economy last week. To its credit, they have applaud the EPRDF-led government for .....

 

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Opinion
 
 

Last week, this newspaper published an interesting query as to when the Ethiopian Prime Minister would leave the political scene. Interestingly enough and with his .....

 

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Editor's Note
 
 

The price of oil in Ethiopia is totally blind to the signals from the international market. While a price of a barrel of oil doubled from 40 dollars in two years since 2004, Ethiopia’s ....

 

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My perspective
 
 

My tall Gojame friend called Thursday afternoon to kindly give me some information that I needed. He enquired about what I was writing about, and I ......
 

 

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View point
 
 

You pay 3.50 dallor for a latte. The coffee farmer earns 0.60 dallors for a pound of beans that will make 30 lattes. By now, it is a familiar story. The story less often recounted is a ....

 

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Life Matters
 
 

A co-worker and I were standing at a window shooting the breeze when we noticed, in a villa across the road, that there was a woman carrying a young child in the traditional Ethiopian way, piggy back style........

 

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View From Arada

 

The bird flu syndrome (H5N1) and the trepidation of   eating chickens or eggs had stolen the limelight of public attention from the Holiday celebrations of Easter without eating roosters. A few days after the holidays, however, people have returned to feasting on roosters and eggs and undermined the disturbing news associated with the deadly pandemic virus.
 

 

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Gossip
 
 

The celebration of Ethiopian Patriots Victory Day on Friday May 5, 2006 gave almost every institution a second day off (the first having been International Labour Day that was celebrated on Monday May 1, 2006) during the last week. This was not the case with .....

 

 

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Restaurant Review
 
 

Name : Don Vito Restaurant-Pizzeria and Take Away

Location:
Debre Zeit Road
serves:
 
Serves Italian Cuisine.
 

 

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Restaurant Review


    Restaurant Name :
        Don Vito Restaurant-Pizzeria and  Take Away

     

    Serves Italian Cuisine.

    Located Debre Zeit Road

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Business Opportunities

    Tender Mart 

    Bidders for the Provision of Cleaning and Janitorial Service of the Addis Ababa Bole International Airport's old and new passenger terminal. Ethiopian Airports Enterprise. P.O. Box: 90652. Tel: 0116650654 Opening date: June 1, 2006. Publication: The Ethiopian Herald, April 30, 2006.

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Business Opportunities

Importer

A company in Nicaragua would like to import general goods such as hand ware, building materials, foodstuffs, drugs, garments, textiles and other. The company also wants to export ...

Exporter

A company in USA engaged in the manufacturing of high tech medical equipment devices, especially the portable ultrasound scanner is looking for importers. For further information please contact: .....

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Business Opportunities

Partnership

Novatium, an Indian company engaged in manufacturing computing devices is looking for a joint venture with PC manufacturers and IT distributors. For further information please contact: Ashok Zutshi. Tel. +914452055322. Fax. +914452055320. E-mail. ashok@novatium.com


 

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Business Opportunities

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