Anticorruption Comm’n to Investigate Real Estate Plot Grants

The Federal Ethics and Anticorruption Commission (FEACC) will investigate the alleged shady deals behind plot grants to real estate developers. A committee of four experts established under the Commission went operational last Wednesday.

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Shell to Leave Ethiopia

The multi-national group of energy and petrochemical companies, Shell, is to exit Ethiopia, selling its properties. The Dutch company is also set to leave 10 other African countries, sources at the company told Fortune.

Frenzied by leaks of the news, the 144 employees of the company have requested an explanation by the management through their union as nothing has yet been officially released. Regional executives from South Africa and Kenya held discussions with the employees two weeks ago saying no decision has been finalised.

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Former Comm’n, Customs Prosecutor Gets Three-Year Corruption Sentence

The Federal High Court sentenced Yohannes Woldegebriel, former chief prosecutor of the Ethiopian Customs Authority (ECA), to three years and 1,000 Br in fines under corruption charges. The Court also handed a three-year sentence to his colleague, Workneh Bereded, and fined him 500 Br under the same file.

After the High Court First Criminal Bench heard the graft case brought forward by the Federal Ethics and Anticorruption Commission (FEACC) against the convicts for the past two years, the accused were sentenced last Wednesday.

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AAWSA Struggles to Find Financing

The Addis Abeba Water and Sewerage Authority (AAWSA) is struggling to find private financing to build two new dams amid concern among foreign contractors over the company's financial integrity.
 

AAWSA has been forced to seek private financing after the city's administration decided against supporting the plan to build dams along the Sibilu and Gerbi rivers. AAWSA, which is building the dams to help cover the capital city's water shortage, is now asking several private engineering firms interested in receiving the contract to use their contacts overseas to find potential financiers. The private firms, however, are worried AAWSA would fail to repay a loan.

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Agenda    

Though the recent World Poverty Day has not ended the disparaging site of

 
   

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Editor's Note  

"Buyer Beware!" says the old adage; consumers ultimately

 
   

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Economic Commentary  

Known for its pursuit of Africa's resources absent of human rights considerations, China is changing its diplomatic face. Writing for the Kenyan daily, The Nation, Patrick Mutahi..

   

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Two electric-engine commuter buses with 130-passenger capacity imported from Russia by Rus-Afro Trading Bus Plc enjoy a welcome ceremony at Meskel Square on October 20. The arrival of the two electric buses, originating from ..  Read More

     
ARCHIVE

Opposition Efforts Overshadow President Girma's Re-election

 

For many that observed the Presidential election in Parliament early last week, the unity among the opposition to back a single candidate was a surprise. Their move stole the limelight from the ruling party's decision to re-elect Girma Woldegirogis ....Read More


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

 
 
 
 
 
 
 
 
 
 
 
VERBATIM
 

"The real victims were those who lost their lives and became disabled. Belittling their sacrifices for self-advancement is petty on the part of some members of the released CUD-leadership."

 

Professor Mesfin Woldemariam, one of the CUD leaders released earlier in the week, was quoted by the Reporter in a telephone interview with the Voice of America last week from his hospital bed in India. He said he was unsupportive of some of the post-release actions of various party members.

 
 
View Point

The practice of Internet censorship is not acknowledged by the Ethiopian government nor the body in charge of the work, the Ethiopian Telecommunications Corporation (ETC). However, any Web surfer ....

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Life Matters
 

This column has been the source of amusement, irritation and even boredom over the years, but it has always given ....

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View From Arada
 

The teacher would then take us to the school library where the scholar Leo Garau would post sketches and pictures for us to see.

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