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City Lease Board Approves Big AU Expansion Plans

The Lease Board of the Addis Abeba city Caretaker Administration passed a decision in its meeting last Friday to grant all the requests forwarded to it from the African Union (AU) related to the conference centre, office complex and ......

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More Properties Frozen in NBE Gold Scandal

The First Criminal Bench of the Federal High Court last week froze properties belonging to WOW International Garment Factory in the latest chapter of the gold scandal saga at the National Bank of Ethiopia (NBE).  The Factory,...

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Italian Consta JV Subcontracts Railway Rehab to Mesfin Industrial

Consta Joint Venture (JV), a subsidiary of Italian Consta Consortium, subcontracted Mesfin Industrial Engineering, a subsidiary of EFFORT, to construct bridges on the Ethio-Djibouti Railway with a cost of 40 million Br.

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Ethiopia to Be Featured at World Coffee Conference

Ethiopia will be featured in two forums in the 20th Annual Specialty Coffee Association of America (SCAA) Conference and Exhibition to be held in Minneapolis, Minnesota, from May 2-5, 2008, focusing on the trademarking ......

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Agenda    

The day of love brings happiness to more than just the couples seeking to ..

 
   

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Editor's Note  

Institutions are the life of a nation; they are the structural framework that ....

 
   

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Economic Commentary  

For Jeffrey Sachs, a professor of economics and director of the Earth Institute at Columbia University, this is a period in which it is exciting to be an engineer or a scientist: Finding real technological solutions to global challenges is daunting.

   

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THE YEAR IN BRIEF

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

 
READY TO BULLY?
 

Addis Abebans will soon see their own “black bull” erected perhaps in front of a building that is yet to come: the headquarters of a commercial bank under formation, Zemen Bank, on Tito Street

(Kazanchis). The “black bull” in the photo is now kept on the ground floor in the building, perhaps waiting for inauguration, together with the opening of the bank whose promoters had hoped would have been on February 1, 2008. Find Out More

 

 
 
 
 
 
 
 
 
 
 
MIDROC’s Ambitious Visions of Next Five Years
 

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

Over-Capacity Truck Expands Awash Bridge

 

Awash Bridge two weeks ago stretched by 20mm when a transformer four times heavier than its carrying capacity crossed it. The 213tns transformer with the capability to generate 540MW of electricity was intended for the Gilgel Gibe II Hydro Power Project that is being...Read More

 
 
View Point

The AU Summit earlier this month brought together leaders to discuss pressing issues but was also an occasion at which other important figures turned up. The event gave Addis Abeba’s Mayor a chance to reflect on ...

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Life Matters
 

It seems that there has been no better time to complain about one’s existence than the current one. As Ethiopia....

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View From Arada
 

Today’s trade fairs are a far cry from the bazaars of the past. While years ago organisations used the events to raise funds for worthy causes, nowadays,.......

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