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News
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Column
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Yet More Phoney Gold Found in
NBE Vaults |
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Another
21 bars of gilded steel transferred from the Federal Police
forensic exhibit office to the vaults of the National Bank
of Ethiopia (NBE) have been caught. In connection with the
finding, the Federal Ethics and Anticorruption Commission
last week arrested Afework Gaym (chief inspector),..... |
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Council of Ministers Seeks New Industrial
Zone for Shoe Manufacturing |
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The Council of Ministers three weeks ago decided to
transform the former Akaki Pump Factory and its
surroundings into an industrial zone for shoe
manufacturing. The 52,000sqm Factory has been
sitting idle after it stopped production 10 years
ago. |
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Radio Fana to Broadcast from Jimma Palace |
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Jimma Palace, which was one of the resting spots of
Emperor Haile Selassie I and the seat of his
principals, is to be given to Radio Fana, the
nation’s first private multilingual national
broadcaster. Constructed in the 1940’s by Tsehay
Enqu, close confident of the late Emperor and
administrator of the region, ... |
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Awash Bridge Project Attracts Little Interest |
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With a single day remaining before the expression of
interest initation issued by the Ethiopian Roads
Authority (ERA) closed on February 15, only two
bidders bought tender documents for the construction
of an alternative river
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| Agenda |
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The day of love brings happiness to more than just
the couples seeking to .. |
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| Editor's Note |
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Planning is one of the most difficult but
necessary aspects in the life of .... |
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| Economic
Commentary |
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Inflation
clearly relates to the cost of imports, most obviously to
the price of oil, which takes up the lion’s share of
the import bill. Current international oil prices are at a
record high, and 80pc of Ethiopia’s export earnings are
consumed by its import. |
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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
.... 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
... Read More |
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VERBATIM |
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The
economies of Ethiopia, Mozambique and Tanzania are among the fastest-growing in
the world . . . Do not get me wrong, [Africa] is still a poor place, but poverty
is beginning to decline. |
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United States
(US) President, George W. Bush, speaking on Thursday, February
14, 2008, at the Smithsonian National Museum of African Art, on
his planned trip to five countries in Africa: Benin, Tanzania,
Rwanda, Ghana and Liberia. |
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View Point |
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The
government has made the correct move in increasing fuel
prices as, despite public outrage, it is an unsustainable
policy to subsidise energy costs in the face of soaring
international oil markets. However, while .... |
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Life Matters |
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I
read an unexpectedly interesting article published
in the Weekly Standard in February of 2003
that gave |
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View From Arada |
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The issue is close
to home for anyone venturing on the streets of the
metropolis as places designed for pedestrians have
.... |
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