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| LETTERS TO THE EDITOR |
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Mortgage Banking Solutions Needed to
Make More
Homeowners |
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Dear
Editors,
I read
your editorial headlined, "Is the Real Estate Market
Competitive, Not so Much" [Volume 8 Number 389, October 14,
2007], with interest. The attempt to blame the real estate
companies for the failure to provide adequate housing or be
competitive in building affordable housing for
middle-to-low-income families is misguided, without solving
the basic problem of the mortgage banking system in
Ethiopia. |
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Real Reform in Housing Needed for
Rightful Ownership |
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Dear
Editors,
This is
in response to your news story headlined, "Bill Proposes
Giving Rented Houses Agency Greater Power" [Volume 8, Number
392, November 4, 2007].
Says
the news story: "A new legislative bill would reform the
Rented Houses Agency with the power to evict
contract-violating tenants without court consent and to
order the demolition of homes illegally built on state
land." |
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Gift Real Estate's Journey to Its
Plots |
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Dear Editors,
In your front page story of last week headlined,
"Commission Arrests Senior Officials in Alleged Real
Estate Fraud" [Volume 8, Number 392, November 4,
2007] part of your story has conveyed the impression
that our company, Gift Real Estate Plc, has acquired
land for real estate development in a
non-transparent and dubious manner.
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Management of Shell Ethiopia to Profit from Exit |
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Dear
Editors,
The
management and some senior members of Shell Ethiopia are set
to amass millions of Birr in separation payment when the oil
giant moves out of Ethiopia. This may surprise many of you
given the exorbitant payment each management member is
entitled to. There is a simple explanation for this "never
heard of" separation payment in Ethiopia. |
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