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Business Woman Outbids Nyala Insurance

Haimanot Business Plc wins bid for Mina Building.  Other bidders were Meseret Melaku, who offered 30 million Br, Nesiru Gebru (31.4 million Br), Sisay Damtew (42.7 million Br) and Chaku Business Plc; the latter became the second highest bidder with an offer only 5,000 Br than what the winning bid offered

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Bole to Get 70m Br First Radar Installation

The Ethiopian Civil Aviation Authority (ECAA) is to buy radar for commercial flights’ surveillance, at a budgeted cost of 70 million Br. It will be one of the 15 capital expenditures that the Authority plans to make in the current fiscal year, of which four are new: Procurement and installation of an HF transmitter,...
 

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Ethiopia Postpones WTO Meeting

A high level delegation of 240 under the  Minister of Trade and Industry, Girma Birru, decided to postpone a crucial meeting scheduled for this week in Geneva, Switzerland, owing to the unavailability of a chairman of the working ....

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Awassa Controls Prices

Municipal officials in Awassa town, the seat of Southern regional state 276Km south of Addis Abeba, have decided to fix prices on consumer goods and are determined to enforce it.

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Agenda    

The just ended month of March has seen a number of

 
   

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Editor's Note  

For once, Ethiopia’s political discourse is showing a departure from its usual ...

 
   

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Economic Commentary  

Prime Minister Meles Zenawi is very keen to see the mushrooming of consumer cooperatives across the country, believing that they could be one piece in the bigger picture of the fight against inflation. The public appears in a mood to respond: over 10

   

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Flu or Hypertension?

Stifled by a runaway inflation whose year-on-year average picked to 22.9pc this month, what ails Ethiopia’s economy has been a subject of fierce debate in parliament last week. Tamrat G. Giorgis and Endale Assefa, Fortune Staff Writers, and Tesfalem Waldyes, Special to Fortune, have followed the parliamentary discourse and the mixed public reaction that has....Read More

 
VERBATIM    
 

The consumer community should know that government is determined to continue with what it is doing now even after prices stabilise.

Girma Birru, minister of Trade and Industry, briefing journalists in his office on Friday afternoon, March 28, on several measures his government has begun to take lately in order to stabilize prices, and control the vagaries of the market.

 

 
 
 
 
 
 
 
 
 
 
INTERVIEW-EEPCo Sheds Light on Power Interruptions
 

Sendeku Araya, public relations division head of EEPCo, attributes the current interruptions to ongoing maintenance work on transmission lines and assures the public that his company will not export power before ensuring that the local .... Read More

FEATURE-Struggling for Graduation

 

After a series of great droughts in four consecutive decades, the international aid community became wary of Ethiopia. In particular, the 2002/03 drought that exposed almost one quarter of Ethiopia’s population to famine has led to donors’ .... Read More

 
 
View Point

The result of all this is that essential data analysis becomes inherently challenging, making it very difficult to conduct various trend analyses, like, for instance, on ....

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Life Matters
 

This is the first day in the last five that we have been blessed with the presence of what has now become ..

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View From Arada
 

Followers of the Coptic Church are today half way through the fasting season. Four weeks from now, ...

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