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Djibouti Port Congested

Only few years ago, Djiboutians were of the view that their port was bigger than Ethiopia’s demand to its international trade. They have come to accept that the volume of Ethiopia’s import and export, believed to be covering 70pc of transit, has become bigger than what the Port could handle.

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ERA Requests 12b Br for Next Year’s Budget

The Ethiopian Roads Authority (ERA) stunned the Ministry of Finance and Economic Development late last week requesting a 12 billion Br budget for the 2008/2009 budget year.

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City Cabinet Bans Lease Boards from New Land Transfers

The Addis Abeba City Caretaker Administration Cabinet early last week instructed the central, as well as district lease boards of the city, to stop passing decisions on land related issues, until such time the newly elected administration takes office.

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EEPCO Finally Admits Power Shortage

A week after the Ethiopian Electric Power Corporation (EEPCO) stated that there was no shortage of power in the country, the management on Thursday April 3 admitted that a power shortage has occurred due to the prolonged absence of Belg rain.

 

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Agenda    

The programme is a three year initiative of USAID to strengthen four.....

 
   

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Editor's Note  

Veterans of Ethiopia's merchandise trading have a story to tell; it is a story of how they

 
   

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Economic Commentary  

The five biggest private equity funds in the world manage over three trillion dollars in funds, an amount that is more than the overall budgets of India and Russia combined. Although not entrenched as much as they are in the West, private equity funds are....

   

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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    
 

Anything worth having, worth achieving, worth fighting for, starts with a dream. I once heard a quote: “It is a beautiful thing to dream. But to realize one’s dreams through hard work and ambition is even better.

Eleni Z. Gabre-Madhin, Chief Executive Officer of the Ethiopia Commodity Exchange, delivering an opening speech on April 4, at a National Forum held at the Economic Commission for Africa in order to present and discuss the design and operational systems of the Exchange.

 

 
 
 
 
 
 
 
 
 
 

FEATURE-The Grim Face of Drought

 

Three days after Prime Minister Meles Zenawi had a showdown, on March 18, with his Parliamentary political rivals over their allegations of neglect of the drought in the eastern and southern parts of the country, when delivering his half-year.... Read More

FEATURE-Fertiliser Purchases Drop Following Rainfall Scarcity

 

A native of the Gerar Jarso Wereda in the North Shoa Zone of the Oromia Regional State, Mekete Debalke is a farmer who sweats to support his extended family of nine. Cultivating wheat, sorghum, barley, pea and teff on his eight hectare plot of land, .... Read More

 
 
View Point

Edier and Eqube are certainly popular traditional grass root organizations whose establishment and purpose have nothing to do with controlling inflation, price hikes or ....

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Life Matters
 

I was invited to try out a new restaurant last week, which is adjacent to the National Museum on King ..

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View From Arada
 

At the time of writing this article we were having some showers of  light rain, much to the relief of ....

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