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Anticorruption Comm’n to Investigate Real Estate Plot Grants |
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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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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 |
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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 |
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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 |
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Though the recent World Poverty Day has not ended
the disparaging site of |
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| Editor's Note |
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"Buyer Beware!"
says the old adage; consumers ultimately
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| Economic
Commentary |
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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 |
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ARCHIVE |
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Opposition Efforts Overshadow President Girma's Re-election |
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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 |
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The
Tale of Two Personalities Rated High |
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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 |
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VERBATIM |
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"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." |
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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. |
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View Point |
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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 |
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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 |
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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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