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President
Girma W. Giorgis had a light moment in Bahir Dar last week
with Addisu Legesse, deputy prime minister, who is also
chairman of the Amhara National Democratic Movement (ANDM),
one of the political parties in the ruling EPRDF. The party
was commemorating its 27th birthday last week, which the
regional government organized with its own version of the
Ethiopian millennium celebration.
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Federal
Police Warn of New Check Fraud Scheme |
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As forging signatures on stolen checks has become an
obsolete crime, the Federal Police Commission is
cautioning banks on the rise of a new technique to
defraud checking account holders. |
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Gov’t
Creates a Three Billion Birr Railway Corp. |
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After two years of wrangling with bureaucrats,
transport strategists have finally convinced the
federal government that the country needs a brand
new corporate entity to heavily invest in railway
infrastructure across the nation. |
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Government to Import Cement at $53m |
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The federal government is preparing to import an
unprecedented one million tonnes of cement at a
projected cost of 53 million dollars, in order to
supply the capital’s massive housing projects,
reliable sources disclosed . |
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| Agenda |
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Policies to bring down fertiliser prices seem
ineffective in the face of the multiple ... |
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| Editor's Note |
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The global oil price was hovering near
100pbl last week, with little sign that it
was .. |
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| Economic
Commentary |
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The
manner in which a country conducts its foreign policy
clearly shows the nature of its state. Is the government
able to articulate the interests of the nation in a coherent
and |
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OBITUARY |
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Getachew Kibreselassie |
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Last week, Estifanos Tekle,
finance and administrative manager at Nyala Motors SC, a graduate in accounting
from the former Haile Selassie I University, was not in his usual form while
performing routine duties at his office located in Gerji, Bole District.
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ARCHIVE |
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For New
Banks, the First Steps May Be the Toughest |
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Five new banks are poised to enter the financial sector, attracted by
the unprecedented profits in the industry. The new
contenders, however, .Read More |
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VERBATIM |
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"The current situation in Somalia is very bad, but not
hopeless." |
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David H.
Shinn, former United States (US) ambassador to Ethiopia,
speaking at a conference on "Somalia, Forgotten Land" at the
Institute of Social Studies, The Hague, Netherlands.
Traditionally a critic of the campaign in Somalia, the former
Ambassador emphasised that there are still many active voices in
the US and elsewhere that are devoted to a speedy solution to
the problems in the troubled Horn country. |
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View Point |
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With some
of the lowest ranks in economic and human indicators across
the board, Africa has many areas where it can improve. The
pharmaceutical industry represents a huge growth potential
sector as some of the ..... |
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Life Matters |
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When the Millennium was preparing to roll around, I
was impressed by the amount of security forces and
traffic police .. |
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View From Arada |
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Of late, my neighbourhood is subjected to blaring
sounds emitted from a couple of music shops located
side-by-side, ... |
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