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Food Aid Imports Enter Via Berbera Port

WFP confirmed that a convoy of 16 trucks and lorries had arrived in the eastern town of Jijiga from Berbera Port. The trucks were loaded with some 375 metric tons of sorghum for WFP beneficiaries in the Somali region. Men, women and children who are still enduring the impact of last year's ....

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Absence of Nile Ins. Ex Director Leads to Prosecutor, Defense Verbal Scuffle

The Federal High Court, Sixth Criminal Bench, was packed on Thursday afternoon, March 26, 2009. The chamber was so full that many people were compelled to stroll around and others had to sit under the shade across ...

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Weeding out of Coffee Hoarders Continues

The Ministry of Agriculture and Rural Development (MoARD) hinted to a further action in suspending the licenses of coffee exporters and suppliers after it had made the move on six exporters last week.

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Flower Power Frail as Global Meltdown Cuts

The industry is in such gloomy economic circumstances, testing times for the sector not helped by the forex crunch at home. It is in this scenario that last week, the Ethiopian Horticulture Producer and Exporters Association ...

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Agenda    

The blow belted out by the current forex crunch in Ethiopia has led to adverse ..

 
   

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Editor's Note  

For anyone who might have read the recently released macroeconomic....

 
   

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Economic Commentary  

There are two things the rich countries need to do in the recovery of the global economy, according to Jeffrey D. Sachs, professor of Economics and Director of the Earth Institute at Columbia University. They have to invest in infrastructure projects and spend money to help the developing world. In this commentary, provided to Fortune by Project Syndicate, he argues that this helps bring sustainability to the recovery. This is a view contrary to many economists in the west that advise for short-term stimulus programs.

   

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Opinion  

The ‘weyala’ (Urban Amharic slang for taxi fare collector) is the conductor aboard the fleet of private minibus taxis operating a critical though nonetheless marginal economy of private transport services in Ethiopia’s fast-expanding capital city - Addis Abeba.

   

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Gossip    

Immediately after Bekalu Zeleke was appointed as the youngest president of the Commercial Bank of Ethiopia (CBE), he was confronted with a little nuisance, gossip disclosed. He was summoned by a court in relation to an employee who had sued the bank and was subsequently awarded close to 14,000 Br, according to gossip.

 
   

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"Because I've experienced so much trouble with the [quality of] telecom services, I would like to choose for them the song 'I've had enough'."

Mohammed Ali Al-Amoudi (Sheikh), the Saudi billionaire with series of business portfolios in Ethiopia, responded to Seifu Fantahun, a radio talk show host's invitation to select his preferred song. In this rare interview, broadcast twice by the private FM station, Sheger 102.1, the business tycoon wanted officials of the state telecom monopoly to listen to an old Tilahun Gessese song whose  lyrics state: "I'm fed up, furious and have had enough." 

 
 
 
 
 
 
 
 
 
 

Final Word with Glenn Anders

 

He may not have been decorated with the highest national medals in Ethiopia as he was in Guatemala. But Glenn Andres, country director for Ethiopia of the United States Agency for International Development (USAID) will leave with a legacy of managing the largest aid given to ....

 

Sweet Maiden Harvest

Commercial Bank of Ethiopia ploughed 550 million Br into the expansion of the two farms for Shewa Sugar factory, which make up the Wake Tiye Plantation. The plantation is expecting to reap its first yield of sugar cane in two to three months time. Find Out More

 
 
 
 
View Point

The Butterfly Story," a multi media performance staged in a mega Amphitheatre on March 10, 2009 - to celebrate International Women's Day, launching UNFPA's ....

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Life Matters
 

Generally speaking, this has been one of the most awful weeks that I have had the displeasure...

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View From Arada
 

Cinemas are relatively new advents to this ancient country. A few decades ago, there were only three...

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