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News
Feed |
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Column
Feed |
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Comm’n
Requests Former ETC CEO’s Assets Frozen |
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The
Federal Ethics and Anticorruption Commission (FEACC)
requested the Federal High Court to freeze properties
belonging to former CEO of the Ethiopian Telecommunications
Corporation (ETC), Tesfaye Birru, and
.. |
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Ministry
Rejects Oil Companies’ Profit Review Request |
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The persistent profit margin review request of the
five oil distributing companies has finally been
terminated by the Ministry of Trade and Industry (MoTI). |
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MIDROC Strikes Gold Big in Two
Reserves |
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MIDROC Gold Mine Plc, one of the subsidiary
companies under MIDROC Ethiopia Technology Group,
seems to have finally landed a breakthrough gold
reserve finding in East Sakaro, Guji Zone of the
Oromia Regional State. The reserve, found after four
years of intensive exploration, is estimated to
contain 17,250Kg of the commodity.
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Sher Begins Leasing 200hct
Greenhouse |
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Sher Ethoipia Plc, a company established by Dutch
investors, constructed a 200hct greenhouse for
flower and vegetable development at a cost of 40
million euros (540 million Br). The company has
started leasing this
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| Agenda |
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Realising the
drain on foreign currency and following on the
success of other ... |
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Read More |
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| Editor's Note |
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One of the biggest events of the past year
has been the almost 100pc increase
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Read More |
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| Economic
Commentary |
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As US
President George W. Bush enters his last of eight years in
the White House J. Peter Pham (PhD) argues one of his
currently unrecognised legacies will be greater connection
with the African continent. Long-neglected, the superpower
is turning its attention to a |
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Read More |
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THE YEAR IN
BRIEF |
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The year 2007 brought in the new
Ethiopian Millennium and an accompanying tide of mixed economic
indicators for the business community. With all the hype generated
by the Millennium Secretariat Office's public relations campaign,
Ethiopia's image as a unique country with deeply embedded traditions
intermingled with its portrayal as an investment environment that
.... 2007 In Brief |
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Owner and chairman of MIDROC Ethiopia, Sheik
Mohammed Hussein Ali Al-Amoudi, last week signed an
agreement at the Sheraton Addis with the Malaysian
Consultancy firm AgriNexus to grow four
.... Read More |
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The
procession was majestic and deliberately perpetual. As the
Tabot and the huge procession slowly moved through the
villages, men and women came out of their residences and
kissed the ground and ululated to pay their respect of faith
in the passing Tabot... Read More |
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VERBATIM |
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"If a
customer tells a service provider to jump, he should not ask why, but rather how
high." |
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In
consultations with producers in the garment sector, Prime
Minister Meles Zenawi urged them to look inwardly, brushing
aside complaints about lack of government assistance in an
underperforming sector. |
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View Point |
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The race
to increase US presence in Africa has a firm military
component. Its commitment to establish more military bases
across the continent has come under heat from both domestic
and African sources. In the US, ...... |
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Life Matters |
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I
have been watching the events of the latest United
States (US) primary elections with great interest.
This is partly because of .... |
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View From Arada |
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The taxi assistants know better. They buy coins from
vendors or beggars at exorbitant rates. One Br sells
at 80pc of its face .... |
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