The Hilarious Meles and the Disconcerted “Diaspora”
 

If over 2,500 members of the “Diaspora” were gathered last Thursday, September 20, 2007, at the Millennium Concert Hall hoping that the alleged promises by the government to hand out plots to them would be announced, it was simply proven to be illusory. None of the ministers attending the gathering have promised either free plots or keys to low-cost condominiums, nor the once highly abused privilege to import vehicles duty free, in spite of their repeated appeal so that the federal government would seriously consider them.
 

Nonetheless, their disappointment ought to have been relieved with the unscheduled appearance of Prime Minister Meles Zenawi at 4:30pm, judging from how cheerfully they received him. Not only did he get a standing ovation when he suddenly entered into the hall, the crowd took advantage of a power interruption of approximately 20 minutes occurring immediately after his arrival; they were seen rushing to the front, shoving one another, in a bid to take a shot of him on their mobile cameras (photo, above). Read More

 
Gov’t Contemplates Spending $20m to Import Wheat

Authorities at the federal government are seriously considering importing wheat from overseas in a bid to stabilise the inflated domestic grain prices, reliable sources disclosed. A procurement of 150,000tns of wheat that could potentially be bought from North America is in process, at a projected cost of 20 million dollars, according to these sources.

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Authorities to Probe Complaints on Bid Integrity at Tendaho, Finchaa

A taskforce under the chairmanship of Girma Birru, minister of Trade and Industry, will be created in order to probe complaints lodged from bidders aspiring to get lucrative turnkey projects in the sugar mill plant installation at Tendaho and major expansion works at the Finchaa and Wonji sugar factories.

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EEPCo Brings Electrification to 22pc

The state utility monopoly, Ethiopian Electric Power Corporation (EEPCo), announced that it expanded access to electricity to 22pc of the population through its Universal Electricity Access Programme (UEAP) launched two years ago. The Corporation currently has electrified 1,800 of 7,000 towns, almost tripling its coverage from the 760 towns in 2004/05.

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Dire Dawa Hospital to Launch Renovations

  Security Activities in Somali Region Endangering Livelihoods: UN
 

Salini Finalises 70pc of Gilgel Gibe II Hydro Power Project

Prime Minister Widens Consultation to Youth from Regions
 
 

 

 

 
 

 

 

 

 

 

 
 

 

 

 

 

 

 

 

 

 

 

 
Agenda    

Holidays are a time of reflection on the religions that bring the tradition .....

 
   

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Editor's Note  

Of late, the Revolutionary Democrats are in a new swing of ......

 
   

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Economic Commentary  

WONDIRAD SEIFU sees gold as one of Ethiopian's many valuable natural resources, especially as a foreign currency earner. The precious metal has carried great value throughout human history and is now used as a saving device in times of inflation.

   

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MILLENNIUM NOTES

Please read the series of essays
 

Ismael Omar Guelleh, Djibouti’s second president since independence in 1977, seeing the panorama of Addis Abeba from the terrace of the headquarters of Sunshine  Read More

     
ARCHIVE
The Tale of Two Personalities Rated High
 

Meles Zenawi's bruised image is slowly recovering in Addis Abeba, a stronghold of his opposition, while Teddy Afro begins to personify someone that is more than a singer, reports Tamrat G. Giorgis, Fortune Staff Writer. Read More


FEATURE-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
 

"The existing inefficiency of the banks; the high service charge from money transfer companies; and the slow speed these companies have during transfers of money when compared to the unregulated market are some of the reasons behind why remittance to Ethiopia has not been encouraged." 

Teklewold Atnafu, governor of the National Bank of Ethiopia (NBE), explained to members of the Diaspora that met on Thursday, September 20, 2007, at the Millennium Concert Hall, why he thinks Ethiopia received 632 million dollars from remittances in 2006/07. This is just a peanut when compared to China's 35 billion dollars, India's 17 billion dollars, Mexico's 10.5 billion dollars, and the Philippines' seven billion dollars, according to data from 2003. 

 
 
View Point

The recent slew of conferences involving Diaspora members and various government officials as well as private sector representatives has drawn mixed reviews. This writer, however, believes that .......

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Life Matters
 

The day before New Year's Eve my high school alma mater had a reunion for alumni. This was the first such event in the school's 40-year history. ...

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View From Arada
 

Ethiopia is both an ancient land and a young country; ancient, in terms of civilisation, culture and history and young, in ....

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