http://www.addisfortune.com/index.htm Get the Latest Business News from Ethiopia- The Largest English Weekly in the Nation! http://blogs.law.harvard.edu/tech/rss Jitbit RSS Feed Creator Mon, 16 Mar 2009 00:00:00 +0300 The plant, located in Addis Abeba on Dejazmach Balcha Aba Nefso Street, and one of the two operated by East Africa Bottling Share Company (EABSC), was closed after instructions given last week to the Acting General Manager, Izan Bombom. The management told Fortune that the closure would be "temporary;" however, no one seems to know when production will resume. http://www.addisfortune.com/Coca Cola Plant Shuts up Shop.htmMon, 16 Mar 2009 00:00:00 +0300The letter of credit (L/C) for this import, to be procured from a London based company, was opened last week at the state-owned Commercial Bank of Ethiopia (CBE), and on behalf of the Ethiopian Grain Trade Enterprise (EGTE), a federal agency responsible for the stabilization of the domestic grain market. http://www.addisfortune.com/Gov’t to Expend $77m for Additional Wheat .htmMon, 16 Mar 2009 00:00:00 +0300After a long debate on macro economic issues with relevant stakeholders, private banks responded positively to NBE's call to be wary of lending money, despite the fact that such a move would mean a reduction of their profits. They believe it is important to put the economic well-being of the country first. http://www.addisfortune.com/Cut Back on Lending, NBE Urges Private Banks.htmMon, 16 Mar 2009 00:00:00 +0300After finalizing the design work, Awash International Bank (AIB) - the first private bank to enter the industry in Ethiopia - has floated a tender for the construction of an eight-storey building to house its branch in Adama (Nazareth) town of the Oromia Regional State. http://www.addisfortune.com/Awash Bank All Set for Adama Branch's New Building .htmMon, 16 Mar 2009 00:00:00 +0300The global financial crisis and the resultant production cut in emerging economies, compounded by the foreign reserve crunch in Ethiopia, has threatened the supply of power transformers by state power utility, the Ethiopian Electric Power Corporation (EEPCo). http://www.addisfortune.com/Power Dearth Extends to Transformers.htmMon, 16 Mar 2009 00:00:00 +0300The core reason for the frequent failure in mobile phone network in Adama Town of Oromia Regional State is the cutting of the optical fibre lines due to theft and construction works, according to officials at the South-Eastern Region of the Ethiopian Telecommunications Corporation (ETC). http://www.addisfortune.com/Erratic Mobile Network Snag Hits Adama.htmMon, 16 Mar 2009 00:00:00 +0300Officials of some Micro Finance Institutions (MFIs) have expressed concern over an article a recent draft proclamation the National bank of Ethiopia (NBE) has prepared to amend the existing law on the sector. http://www.addisfortune.com/Revised Micro Finance Bill Elicits Mixed Reaction.htmMon, 16 Mar 2009 00:00:00 +0300After it was registered as a human resource management professionals association, the first Society of Human Resource Management in Ethiopia (SHRME) is to organize the Fifth Job Fair scheduled to be held from May 15 to 16, 2009 at the Addis Abeba Exhibition Centre. http://www.addisfortune.com/Job Fair to Offer Platform for Innovative Recruitment.htmMon, 16 Mar 2009 00:00:00 +0300Ayu Bireha, a girl in her late twenties, visits the fish market in Piazza on a regular basis. Last Thursday, March 12, 2009, she arrived at the market in the morning to get the traditional substitute for meat during the main fasting season of the Ethiopian Orthodox Christianity, Hudade. http://www.addisfortune.com/Fasting Feeds Fishy Business Boom.htmMon, 16 Mar 2009 00:00:00 +0300Ethiopia is an investment-friendly country with a stable-macro-economic environment. Its monetary policies have played a significant role in creating an enabling climate to addressing the needs of the public, assisting the economic activities and attracting investors. Ethiopia has been taking apt measures to improving the investment policy of the country with the aim to promoting sustainable economic development. http://www.Addismillennium.comMon, 16 Mar 2009 00:00:00 +0300From the sun-scorched reaches of the Danakil Depression to the shimmering string of beautiful Rift Valley lakes, Ethiopia is a land of wonder and enchantment. Ethiopia is a tourist paradise reflects the diverse faces of the country’s cultures, landscapes, and wildlife. Ethiopia is the epitome of the entire sub-Sahara ecosystem where rare indigenous animals roam free, birdlife abounds and colorful wild flowers and native plants carpet the land. http://www.Addismillennium.com/aboutethiopia.htmMon, 16 Mar 2009 00:00:00 +0300Find out about all the Entertainment news From Addis Fortunehttp://www.addisfortune.com/Fortune_Entertainment_news.htmMon, 16 Mar 2009 00:00:00 +0300All the Brief News Articles from various papershttp://www.addisfortune.com/newsinbrief.htmMon, 16 Mar 2009 00:00:00 +0300Get all the Previous Volums of the News paperhttp://www.addisfortune.com/Addis_ Fortune Archive.htmMon, 16 Mar 2009 00:00:00 +0300