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The more
leaders of the various factions in the Coalition for Unity and
Democracy (CUD) talk about their internal strife, the less is the
substance of their division apparent to both their foes and friends
alike, observes TAMRAT G. GIORGIS, FORTUNE STAFF WRITER.
Read The Full
Story |
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Government Prepares 15,000hct for Big Push in
Cotton Production |
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The Privatisation and Public Enterprises Supervisory
Agency (PPESA), the government office in charge of
all state-owned commercial enterprises, is preparing
15,000hct of land for the cultivation of cotton as
part of the government’s plan to boost textile
exports more than 40-fold over the next three years.
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Tigray State to Get 200m Br Vineyard |
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Ten prominent businesspeople engaged in flower farms
are planning to venture in developing a vineyard and
establish wineries, forming a new company two weeks
ago, Ethio Grapes SC, with a capital of one million
Birr. |
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Ministry Issues
Controversial "No Transfer" Order for Nile Properties |
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The Ministry of Transport and Communications (MoTC)
issued an order on September 26 in a letter
dispatched to eight government agencies,
corporations, enterprises and other authorities
under its authority to prevent properties belonging
to ..... |
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Wegagen Bank Favours Two Kenyan Companies
in Debit Card Tender |
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Wegagen Bank SC shortlisted two Kenyan companies out
of the three bidders that submitted their financial
offers 11 months ago for the debit card supply .. |
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Life, Liberty and the Land Administration |
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With the passage of each day, plots of land in Addis
Abeba increase in price, and attract increased
controversy. The commodity seems to elicit emotions
that transcend its economic value. WUDINEH ZENEBE,
SPECIAL TO FORTUNE, examines the plight of city
residents attempting to conduct real estate
business. |
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| Agenda |
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Five new banks are poised to enter the financial
sector, attracted by the |
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| Editor's Note |
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Someone is surely upset everyday when trying
to make a call . |
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| Economic
Commentary |
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Judging
by the wildfire that ravaged the state of California, the
behavior of wildfire has changed. Climate change has
continued to create a more and more fire prone environment.
The increase in mega wildfires appears
... |
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The federal government is in a new mood in
delivering information to the public. The Ministry
of Information (MoI) is now active in organising
weekly press conferences-cum-briefings, calling
on...
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ARCHIVE |
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The Hilarious Meles and the Disconcerted “Diaspora”
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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 ....
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World
Bank Report Gives Weight to Agricultural-Led Dev't |
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During most of their rule since the early 1990s, and
to the dismay of their staunch critics, the
Revolutionary Democrats in Ethiopia were fixated in
their argument that the only way out of poverty for
Ethiopia is their agricultural development-led
industrialisation, a.k.a ADLI. It is an economic
policy framework that puts much faith and emphasis
by concentrating on the 84.2pc of the population
that is agrarian.
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VERBATIM |
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"It is not to brag about. I do not think our
neighbours could compete with this government [in providing
investment incentives] for they do not have the economy muscle this
government has. This government owns banks, our neighbours do not
have state-owned banks; this government controls land, directly or
indirectly, our neighbours do not. This government posses
instruments that support development in a relatively better manner. |
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We have thus tried to employ these instruments - in
finance and transport - to develop the flower sector. I find it
difficult to say we have a lot remaining in terms of supporting the
clusters around Addis Abeba."
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Prime Minister Meles Zenawi assured his audience
gathered at the Millennium Hall to observe the national
Exporters Day on November 3, 2007. His was commenting in
reaction to concerns raised by the head of Flower Exporters
Association, Tsegaye Abebe, that the countries around the region
pose challenges by offering an even more attractive investment
incentive package to investors. |
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View Point |
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Oil
prices have surged to record highs above 98 dollars a
barrel. Prices have more than quadrupled since 2002 and are
currently 40pc higher than at the start of the year. BBC
examines the factors causing this unremitting . |
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Life Matters |
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I
broke a pane of glass in my forearms this week after
trying to pull what my friends have jokingly dubbed
an .... |
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View From Arada |
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The garbage dump serving Addis Abeba has recently
been moved to a spot off the Jimma Road on the way
to the ALERT Hospital. Whether flushed .... |
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