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Central Bank Sacks General Manager of Nile Insurance

The National Bank of Ethiopia (NBE) has sacked Almaz Moges from her post as General Manager of the turbulent Nile Insurance. Getahun Nana, Banking and Insurance Supervision Department head, wrote a letter to Nile on June 19, 2008, informing them that her deputy, Dawit G. Amanuel, would take over the post. It is alleged, however, that she refused to hand over the office to her successor.

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Taking Judgment to the Skies

A new draft Aviation Proclamation Bill proposes giving jurisdiction to federal courts to rule over offences committed in Ethiopian registered aircrafts.

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First Meeting for New City Lease Board This Week

The just established Addis Abeba City Government Land Development and Administration Authority Lease Board, under the chairmanship of Mayor Kuma Demeksa, is to hold its first meeting this week. City General Manager, Mekuria Haile, is its Deputy Chairperson.

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Agenda    

In the face of the escalating price of inorganic fertilizers, farmers should turn,

 
   

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Editor's Note  

The Meles administration has continued working overtime to conceal

 
   

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Economic Commentary  

In Ethiopia, 85% of the population live economically oblivious to government's spending and investments. In fact, they do not seem to acknowledge the double-digit economic growth the country is said to have achieved as ....

   

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Opinion  

Congress has always had a soft spot for “experts” who tell members what they want to hear, whether it’s supply-side economists declaring that tax cuts increase revenue or climate-change skeptics insisting that global warming is a myth.
 

Right now, the welcome mat is out for analysts who claim that out-of-control speculators are responsible for four-dollars-a-gallon gas.

   

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VERBATIM    
 

"I was naïve; I really thought we were going to be a mainstream democracy overnight."

Samuel Assefa (PhD), Ethiopia's ambassador to the United States, was last week quoted as saying by The Hill, a weekly newspaper published in Washington D.C., after the U.S. Senate stalled a bill that became highly controversial among Ethiopians. The HR2003, passed by Congress, is seen by its advocates as an instrument to force Ethiopia's government to account for the killings following the May 2005 elections, and observe human rights, while its opponents feel that it is in contravention of Ethiopia's sovereignty.

 

 
 
 
 
 
 
 
 
 
 

Oil Prices Flame, All Are Burnt 

 

As global prices hit the roof, Ethiopia has not been left unscathed. It has been adversely affected by the economic shock waves that have slammed against the national budget and the general economy of the country. Yohaness Anberbir and .... ... Read More

The Inconvenient Truth

 

Drought seems to have, once again, reared its ugly head. Many children are reported to be affected by malnutrition as a result of this drought; some have even died, despite denials to the contrary. Tesfalem Waldyes, Special to Fortune, visited parts of the ... Read More

 
 
View Point

If statues are meant to keep alive the reminiscence of those who have significantly contributed to the history or development of a country, then there ought to be ones of ...

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Life Matters
 

Often, Ethiopians have a way of placing blame squarely on the shoulders of others when it comes to

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View From Arada
 

At a time when people spend hours worrying about what should go into their mouths, it may look cynical to ...

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