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Prime
Minister Meles Zenawi appears delighted last week at
his office while giving a joint press statement
with Howard Schultz, chairman and chief global
strategist of Starbucks Corporation. The chief of
Starbucks, along with Ethiopia’s Ambassador to the
United States, Samuel Assefa (PhD), came to Ethiopia
last week to announce the establishment of Farmers
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Labour Union Sues Shell Over Severance
Benefits |
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Shell Ethiopia’s Labour Union filed a lawsuit at the
Federal First Instance Court, Kera Area Labour
Bench, alleging that the company has illegally
changed its retirement policies in order to save
money on lay-offs ahead of a possible closure of its
operations in the country. |
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CBE Goes After More Mina Assets |
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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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Protecting Dire Dawa from Floods Will Cost Millions, Firms
Says |
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The United Kingdom (UK)-based consulting firm
Halcrow told the government that future floods in
Dire Dawa can be prevented, and suggested two
multi-million Birr plans for protecting the city,
which was thrashed by its worst flood in history
last year. |
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| Agenda |
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A
year after a severe flash flood exacted huge tolls
on human life and property in |
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| Editor's Note |
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For much of the international media, Friday
(November 30) midnight was a ... |
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| Economic
Commentary |
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Starbucks
Corporation Chairman and Chief Global Strategist, Howard
Schultz, came to visit Ethiopia a few months after his
company signed a deal.... |
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OBITUARY |
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27th birthday of ANDM |
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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....
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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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"We follow closely and with great interest, and sometimes
concern, the democratisation process in Ethiopia and try to
be helpful, together with the other members of the
international community, wherever we can, to promote peace,
human rights, rule of law, fruitful dialogue between
different actors in the |
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society and overall development in the country." |
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Kirsti Aarnio, ambassador of Finland, spoke on the 90th
anniversary of her country's independence of the 40 years of
bilateral relations with Ethiopia, citing education and water as
the main elements. |
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View Point |
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Addis Abeba's administration took a bold move to issue a one
billion Birr bond to CBE, a move the Mayor hopes is emulated
by other municipalities. The financial mechanism common to
much of the world shows ... |
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Life Matters |
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I had an encounter this
week that showed me the fundamental difference
between how we as ... |
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View From Arada |
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The Amharic word Bah, in this particular
case, stands for a lake. 'Dar' means
"shore". Combining the two words yields the idea ... |
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