|
Kassu Tells Addis to Stop Negotiated Land
Provision |
City Officials Displeased Viewing the Instruction as
Intrusion on Autonomy |
|
|
|
|
|
|
|
|
A quiet disappointment is brewing in the Addis Abeba
City Caretaker Administration, following an
instruction two weeks ago from Kassu Yilala (PhD),
minister of Works and Urban Development (MoWUD). He
wants the city officials to stop providing plots for
developers through negotiations.
In a letter he signed on September 26, 2007, the
Minister urged the City Administration to adhere
only to the auctioning system and suspend all plot
requests whose negotiations are pending, while he
also orders city officials not to take new requests
based on negotiations.
Find Out More |
| |
|
|
|
Houses Agency to Layoff 2,350 |
|
A restructuring study underway by the Ministry of
Works and Urban Development (MoWUD) and leading
officials at the Rented Houses Agency (RHA) is to
layoff over 2,350 of the latter’s 2,800 employees.
The shake-up, which is in the final stages, will
squeeze the 33-year-old Agency into a single office
under the Ministry. |
|
|
| |
|
|
|
Public
Notary Puts Break On Licensing Access Bank |
|
A visible absence from chiefs of banks operating in
the country at a seminar held at the Sheraton Addis
last Thursday was Leikun Brehanu, general manager of
Awash International Bank. It was represented by one
of his deputies, Eshetu Fanta, for Leikun was
opening the 44th branch of the Bank in Assosa town,
Benshangul-Gumuz Regional State.
|
|
|
| |
|
|
|
United Insurance Touts Positive Annual Report |
|
The mood at the 13th annual general
shareholders meeting of United Insurance SC,
which kicked-off with the presence of 67pc
of the shareholders, was rather engaging as
the firm grossed 11.42 million Br profit
last fiscal year. Reporting premium sales of
81.3 million Br, United hailed its
performance, though premiums collected from
motor insurance still holds the lion’s share
(57pc) of the total premium raised, despite
the desire to bring it down from what it was
last year (55pc). |
|
|
| |
|
|
|
Hosipitality Competition Aims to Improve
Services |
|
The Addis Abeba Millennium Secretariat, in
collaboration with the Addis Abeba Tourism
Commission, is to hold a millennial star of
hospitality award competition among service
providers of the city. Grouped in six categories,
hotels and restaurants, airliners, tour operators,
travel agents and training institutions in Addis
Abeba will be evaluated in the competition. |
|
|
| |
| |
|
Opening
Fertilizer Tenders Showing Skyrocketing Prices |
|
The first two fertilizer procurement tenders of the
2007/08 budget year opened on September 17 and
October 4, 2007, where no break from the
continuously escalating commodity prices. For the
tender the Ministry of Agriculture and Rural
Development (MoARD) floated for the procurement of
75,000 metric tonnes of DAP fertilizer, the sole
bidder, Agricultural Input Supplies Enterprise (AISE),
which showed its interest to supply 25,000 metric
tonnes, offered price range of 510 and 560 dollars
per tonne.
|
|
|
| |
| |
|
Adama Inaugurates 18m Br Hotel |
|
An 18 million Br hotel is now operational in Adama (Nazaret)
town of the Oromia Regional State. The five-storey
Dire International hotel was inaugurated two weeks
ago in the presence of Alemayehu Tegenu, minister of
Mines and Energy; Sisay Berhanu, mayor of Adama; and
other senior officials of the city administration. |
|
|
| |
| |
|
AAU Strategic Five-Year Plan to Cost $500m |
|
Keeping up with the inclusive spirit of institutions
of higher learning, the University's plan sought
contribution from a wide-range of participants. The
nation's largest educational facility seeks to
transform itself, exceeding basic university
education and continuing the learning process for
the rising number of graduates. |
|
|
| |
| |
|
Tendaho Expansion Tender Results Passed on
for Ministry Approval |
|
The Board of Directors of the Privatisation and
Public Enterprises Supervising Agency (PPESA)
announced a decision to sell Yerer Flour SC to Awash
Horticulture Plc for 2.8 million Br after failing to
sell the factory in a previous attempt. Awash has
agreed to pay the amount in a single instalment.
|
|
|
| |
| |
|
Oromia
Quadruples Land Lease Prices |
|
The Oromia Regional State quadrupled land lease
prices and amended three new directives targeting
real estate development and individuals requesting
land for construction of residential houses. The
implementation of the new directives required the
regional Works and Urban Development Bureau to
disburse a circular early last week. |
|
|
| |
| |
|
Standards Authority
to Begin Mobile Calibration |
|
The Quality Standards Authority of Ethiopia (QSAE)
is set to start a new mobile calibration service
after the German government, in collaboration with
the Engineering Capacity Building Programme (ECBP),
donated two calibration vehicles at a cost of 3.6
million Br. |
|
|
|
|
|
|
Leading
the Way in Benishangul-Gumuz |
|
It was in the waning years of the former military
reign, students from all public universities had
travelled and camped to build shelters for
drought-driven re-settlement communities in a region
later renamed as Benishangul-Gumuz, located 527Km
northwest of Addis Abeba. The memory of that single
experience shaped by the historical event loomed in
this region for the returning students and those of
their families and had remained vivid for years to
come.
|
|
|
|
|
|
| |
