Millennium Grandeur Attracts 17,000
 
Privatisation Enterprise Appoints Board Chairman

Hailemariam Desalegn, social affairs advisor to the Prime Minister with a ministerial portfolio, has been appointed as the Board Chairman of the Privatisation and Public Enterprises Supervisory Agency (PPESA) following the resignation of Mekonnen Manyazewal, state minister of Finance and Economic Development, who held the post for the past five years.

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Lease Process Debate Underway for Capital's Hotel Expansion Project

The Lease Board of the Addis Abeba City Caretaker Administration this week will decide whether the 50 plots designated for the construction of hotel complexes should be leased to investors through bid or negotiation. The Board is expected to discuss the criteria with which investors will be granted the plots and set a pace they should be putting on the work evaluating their capacities.
 

The Prime Minister's Office ordered the City Administration to prepare plots suitable for the construction of 50 hotels and the latter has discerned the plots.
 

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Teddy Afro Rocks Out Millennium in Jimma

When it became obvious for Jimma, located 347km southwest of Addis Abeba, to host one of the biggest music concerts taking place in the country on September 12, 2007, in honour of the new Millennium, many residents of the town went cheering late into the night of New Year’s Eve.
 

Ethiopian celebrity singer, Tewodros Kassahun a.k.a Tedi Afro was in the company of other local singers such as Getachew Hailemariam, an Oromiffa singer and Tigist Woyiso, popularly known for her song Kochegn. Comedians Dereje Haile and Tilahun Elfineh as well as members of Circus Jimma entertained their audience in Jimma.

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MORE NEWS
  INTERVIEW-CEO of the Nat’l Titan Leads the Skies in New Millennium
  EEPCo Chemical Procurement Sparks Controversy
  Nat’l Chamber Produces Business Directory
  Jimma to Increase House Rent
 

Flower Exporters Strengthen Ties to Japan

 

$21m Power Transmission Project Delayed

 

Few Words from the Past Year

 
 

 

 

 
 

 

 

 

 

 

 
 

 

 

 

 

 

 

 

 

 

 

 
Agenda    

Meles Zenawi's bruised image is slowly recovering in Addis Abeba, a ...

 
   

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Editor's Note  

The path Ethiopia will take in the coming 1,000 years is full of uncertainly as....

 
   

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Economic Commentary  

Writing from Darfur, Sudan, Abdul sees Ethiopia as a beautiful lady, very old but ever youthful. Nevertheless, in this commentary - the first part of a series of four - Abdul recounts not only the historical glories of Ethiopia but also its limitations of the past and challenges ahead in the Third Millennium.

   

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MILLENNIUM NOTES

Only a few days from the countdown of the Second Ethiopian Millennium to come to an end, Fortune has solicited the views and messages of prominent personalities representing different constituencies and roles in Ethiopian society, including Prime Minister Meles Zenawi and Addis Abeba’s Mayor Brehane Deressa. In their respective essays exclusively published here, the majority of them recounted Ethiopia’s glorious past; recognised its seal to remain the bastion of independence in the face of adversities; disconcerted due to its recent history of poverty and civil conflicts; and preached tolerance, understanding and social harmony in the coming Millennium. Fortune is delighted to present in this edition the outlooks and visions of these distinguished personalities.

Please read the series of essays

     
FEATURE
Searching for Milk in Addis Abeba
 

Molla Ayalew, 58, lives with 12 members of his family in a rented house in the Kirkos District. The lone breadwinner for his family, he nurtured nine of his offspring feeding them unprocessed milk ..Read More


Running Against Time
 

Once a glorious mode of transportation connecting Ethiopia’s interior to present-day Djibouti and its ocean outlet, the railway linking the two countries’ capitals is in a dilapidated state.  Read More

 
 
 
 
 
 
 
 
 
 
 
VERBATIM
 

"Democracy will flourish neither with gun-power nor with financial profligacy on the part of the government."

 

Beyene Petros (Prof.), MP-UEDF, told Sendek, a private weekly Amharic, that the government has a tendency toward lavish spending to buy popularity among the youth by way of diverting resources secured from the World Bank but meant for the safety net programme.

 
 
View Point

One aspect of the Millennium hype that has turned out to be mere rhetoric in this writer's view has been the character of investment facilitation for Ethiopians returning from abroad. While the recent gestures .....

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Life Matters
 

Being the cynic that I am and considering the things that were offered up on the days and months before New Year's eve, I .....

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View From Arada
 

New Year's Eve was joyous. It looked like the residents of the metropolis took to the streets to entertain themselves and guests .....

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