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About 70pc Opposition MPs Reject New Press Law

The country’s legislative organ has, last Tuesday July 1, 2008, approved the controversial Mass Media and Freedom of Information Proclamation, despite the outcry within and outside Parliament.

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Al Amoudi's Firm to Secure Large Plot for Bio-Fuel

Horizon Plantation Plc, a newly established company by Sheikh Mohammad Hussein Al Amoudi, will secure the 100, 000hct of land it requested for its planned bio-fuel development.

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Bankers' Plea "Tears of Crocodile": NBE Governor

The Banking Bill that many refer to as ‘stringent’ was ratified last Tuesday, July 1, 2008. Teklewold Atinafu, governor of the National Bank of Ethiopia (NBE), the nation’s most important financial institute, which was the architect of the bill, said at Parliament that the bankers’ fears on the consequences of the amendment of the banking bill are,  ‘tears of a crocodile.’

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Agenda    

When promised that finances would not be an issue, various agencies came....

 
   

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Editor's Note  

It is very refreshing to see the compassionate side of Ethiopia’s Parliament. Last Friday, July 4..

 
   

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Economic Commentary  

One sure way of pushing up the price of any commodity is speculation – sometimes even to extreme levels. This is true of the global oil price, as speculation has been the main cause for the surge in price of the liquid gold during the first half of 2008.

   

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Opinion  

Ethiopia has witnessed a series of bills authored by the incumbent that could have a profound impact on daily life. One of the most controversial bills that has come as a great surprise for those with vested interest is the one meant to regulate the activities, charities and civil society organizations or non-governmental organizations (NGOs), as they are fond of being called.

   

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VERBATIM    
 

"It's very difficult to pay one's tribute to a Head of State in person. But, I would like to take this opportunity to extend our party's condolences to the Prime Minister for the loss of his father."

Lidetu Ayalew, president of EUDP-Medhin, said in Parliament on Friday, July 4, 2008, before he showered the Prime Minister with his party's views on the budget debate for the fiscal year 2008/09.  All opposition leaders in Parliament followed suit in their homage.

 

 
 
 
 
 
 
 
 
 
 

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

The media often tend to either simplify, or sensationalise news in order to make it more “readable,” often at the risk of misrepresentation, as Samuel Assefa, ...

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Life Matters
 

I sometimes worry that Ethiopianism is now dead. I do not speak of the virtues and exceptionalities that ...

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View From Arada
 

When the going is rough, you have to be tough. Did I hear this maxim  somewhere or did I coin it myself from the ..

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