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Investigators Probe State Development Bank Executives

The Federal Ethics and Anti Corruption Commission is probing senior executives at the state-owned Development Bank of Ethiopia (DBE) who are suspected of abusing their positions by rescheduling and approving new loans without following proper procedure, sources disclosed.

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Auditor General Traces Steps of NBE’s Phoney Gold Purchase

The Auditor General began assessing procurement procedures of the National Bank of Ethiopia (NBE) in a bid to discover how the Bank purchased phoney gold bars. The Federal Police three weeks ago discovered 598Kgs of fake gold that the Bank procured for 96.5 million Br over the last two years.

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ETC to Offer Wireless Broadband Internet

The Ethiopian Telecommunications Corporation (ETC) is planning to launch a wireless broadband Internet service that would allow computers to surf the Web through the company’s cell phone network. 

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FEATURE-Bringing Economic Charts to Bear on Dinner Tables

The ruling party aspires to put Ethiopia into a group of middle income countries in the coming 20 years. Its leaders claim they have already seen a promising start. Nevertheless, what constitutes a middle income country and what policy choices the government should be taking is subject for debate, if not ..

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Agenda    

Landlords evicted long-time tenants. Owners refurbished and expanded their....

 
   

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Editor's Note  

It is rare for this government to diverge from its ...

 
   

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Economic Commentary  

Various arguments over the years have called for state intervention in the chat market. A recent articulation that appeared in a local paper lacking persuasive legal reasoning articulated a kind of circular reasoning in a bid to show how reasonable it is for the state to intervene, according to ZADIG ...

   

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ARCHIVE
Rice Leads Calls for Inclusiveness
 

The 69-year-old was given a promise of unwavering support by the United States (US) Secretary of State, Condoleezza Rice (PhD), who came to Addis Abeba on December 5, to hold discussions with heads of states of the Great Lakes region on security concerns.... Read More

ARCHIVE

Title to the Tiller

 

For six years, Ethiopia has been conducting a massive campaign to give farmers certificates to the land they and their families have worked, in some cases, for generations. The certificates are part of a....Read More

 
 
 
 
 
 
 
 
 
 
 
VERBATIM
   

Elections alone are not enough; new democracies need to cultivate constitutionalism, strong institutions, pluralism, and a respect for a free press and the rule of law.


Senator John Edwards, candidate for the US Democratic Party's presidential nominee, wrote in an article published in the September-October 2007 issue of Foreign Affairs magazine.

 
 
View Point

In the aftermath of the May 2005 elections, BBC's Stephen Sacker asked Prime Minister Meles Zenawi on HardTalk what went wrong. He should have asked what went right. The elections sparked a violent and costly political clash, but they also created a credible ...

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Life Matters
 

When it comes to considering business relationships that Ethiopians have with one another, not many positive

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View From Arada
 

A week from now, followers of the Ethiopian Orthodox Church will celebrate the 200th birthday of Jesus Christ. It is well known that...

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