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News
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Column
Feed |
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IMF Closes
Shop in Ethiopia |
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Forced to bridge 400 million dollars in budget
deficit, the International Monetary Fund (IMF) is
closing shop in 30 countries across the world,
including in Addis Abeba, some sources disclosed.
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Gov’t to
Import 1.5m Quintals of Sugar |
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The federal government, through the Ethiopian Sugar
Development Agency (ESDA), is to import 1.5 million
quintals of sugar in a bid to stabilise the sugar
market. |
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Office of
Prime Minister Rejects Mayor Brehane’s Directive |
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The Office of the Prime Minister has called off a
directive issued by Brehane Deressa, the Mayor of
Addis Abeba, regarding the treatment of city
officials who have been released on bail after being
charged with corruption. |
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Derba East Africa Coal Mining
Company on the Edge of Extracting Coal |
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Derba East Coal Mining Plc, a joint venture of Debra
MIDROC and East Africa Holdings, has finally
acquired legal status and registered at the Public
Notary Office in December 2008. |
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| Agenda |
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A
recent fire in the Arada District around the Sidist
Kilo area has torn up the lives.. |
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Read More |
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| Editor's Note |
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To those who followed the debate in
Parliament earlier last week, on the ...
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| Economic
Commentary |
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Monetary expansion
generally makes it easier to borrow, and lowers the costs of
doing so, throughout the economy. It also tends to weaken
the currency and increase inflation, argues Jeffery
Sachs, Professor of Economics at Colombia University.
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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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VERBATIM |
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Honorable
Ato Lidetu, from EUDP-Medhin said that they proposed solutions on this issue in
the last two years . . . if they did that, we congratulate them. |
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Prime
Minister Meles Zenawi’s rebuttal to Lidetu Ayalew’s attempt to
capitalize on the ruling party’s admittance to Parliament on
Tuesday, March 11, that cost of living has become a major source
of discontent in the economy. |
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I expect justice to be rendered, by transferring to
us the prosecution briefs of the “Borrel Case”. When
great powers sign a treaty with small countries,
they have this appalling tendency of forgetting... Read More |
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As the
Ethiopia Commodity Exchange (ECX) becomes reality, ELENI
ZAUDE GABRE-MADHIN (PhD), chief of party for the Exchange
Project, reflects on what it takes to build an exchange and
where her efforts are in the development of Ethiopia’s first
of....
Read More |
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View Point |
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Last week was a busy time for members of
Ethiopia's law enforcement branches. A taskforce compromised of people from the
Federal Police, the National Bank of Ethiopia and the National Security... |
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Life Matters |
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I
was driving on the one semblance of a highway that
is available to us, when I got stuck behind a water
truck. |
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View From Arada |
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J.J.
Bolanz came to Addis Abeba and established a Kindergarden
for Children in collaboration with some Ethiopians. |
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