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Second Dry Port to Ease Congestion at Djibouti

Formed recently through a decision of the Council of Ministers, the Ethiopian Dry Ports Enterprise is set to have a second dry port built at Semera Town of the Afar Regional State, 558Km to the east of Addis Ababa.  

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Tendaho Sugar Factory Construction behind Schedule

Officials of the federal government are disappointed with the delay in the launch of the new Tendaho Sugar Factory construction project. Girma Birru, minister of Trade and Industry (MoTI) has, two weeks ago, instructed the project winner, Overseas Infrastructure Alliance (India) Pvt Ltd Co (OIA), to commence construction by May 15, 2008.

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Tertiary Education Budget: New Campus for Dukem

Discussions on plans by the various ministries for the next budget year concluded with a proposal that a new "Institute of Science" be built in Dukem. This decision was made with a view towards augmenting the total possible enrolment of Natural Science students by local universities.

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Central Bank Directives Send Forex Inflows to the Roof

Authorities at the Ministry of Foreign Affairs (MoFA) are pleased with the ascending remittances flowing into Ethiopia of late. Within four months beginning January 2008, the country amassed 200 million dollars from monetary transfers that Ethiopians and foreign nationals of Ethiopian origin living abroad made to the country.

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Agenda    

He came up with a proposal to increase the number of contractors and ....

 
   

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Editor's Note  

If not the average person on the street, Ethiopia’s elites have

 
   

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Economic Commentary  

The world is in economic crises due to high prices in oil and food. The era of cheap oil and food prices seem to be over. The alternative is not within human grasp in the short turn. However, provided that governments across the world are willing to.....

   

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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    
 

“I was not informed about the ceremony. Neither did I receive an invitation. I am sure it didn’t reach my secretary. I deserve at least a phone call. My colleagues and friends have not heard about it,”

Kenenisa Bekele told Addis Admas on May 3rd that he was shunned at the ceremony organized by African Athletic Confederation held at Sheraton in commemoration of the 16th African Athletic Championship; where Meles honoured the ceremony.   

 

 
 
 
 
 
 
 
 
 
 

Will Meles Run Another Term? His Advisor Asks, “Why Not?”

 

Will Prime Minister Meles Zenawi run yet again for a fourth term of office, come national elections in 2010? The Prime Minister has given conflicting signals to various audiences: He has been telling the foreign media that he "has had enough" ....... Read More

Beyene Sees Beauty Contest of the Incumbent

 

The ruling party claimed a landslide victory during the recent local and by-elections, and is in control of all local administrative structures across the country. Opposition parties, in particular the United Ethiopian Democratic Forces (UEDF), .... Read More

 
 
View Point

Since 2005, the prices of staple foods have humped up to 83pc. Painful as these price increases are to the American consumer, they strike an even more devastating blow .....

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Life Matters
 

Last week saw the hottest day of all time for Addis Abeba, with temperatures reaching up to 32°C .....

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View From Arada
 

The Prime Minister, Meles Zenawi, has rightly observed in a short but intellectual remark he ....

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