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Column
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Sequel to Meles
Unravels All
It
was after a long time that Prime Minister Meles
Zenawi made himself available to the media,
especially the local one, when about a month ago,
the Government Communication Affairs Office
organized the first of the likely to become regular
press briefings by the chief ideologue of the
Revolutionary Democrats. Last Monday was his second
session with the media since the office under the
leadership of Bereket Simon took matters related to
government communication into its own hands. |
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Ethiopian Closing-In to Award over 100m Br IT
Contract |
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The top management team of the Ethiopian Airlines
(Ethiopian) is a few weeks away from awarding
one of its largest IT procurement contracts to one
of the global giants in the industry, reliable
sources disclosed. Heavyweights in the industry, the
German SAP and the American Oracle, are head-to-head
in their offers to bag this contract, projected to
cost close to 10 million dollars, in what many in
the industry say would be a landmark deal for the
winner. |
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Businessmen Appeal for Executive Justice |
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Two of the 12 businesspeople, charged for their
alleged role in a financial fraud federal
prosecutors claim has damaged Nile Insurance S.C.,
wrote a long letter to Prime Minister Meles Zenawi
and Deputy Prime Minister Addisu Legesse seeking an
executive intervention. |
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ERA Set for Split into Two |
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The Ethiopian Roads Authority (ERA) will undergo a
major organizational transformation, which will
split its operational activities and a regulatory
roles, sources disclosed. The idea of breaking up
the authority into two first surfaced about five
years ago, although it is only this year that the
authorities pushed hard on the issue, according to
these sources. |
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EEPCo Imports Sixth Transformer to Supply
Metropolis, Sululta |
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The Ethiopian Electric Power Corporation (EEPCo) has
imported a sixth transformer to be installed at the
new power sub station, Lot-2, under construction in
Sululta area, officials of the corporation
disclosed. |
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Future of
“Turn Regulators” Hangs in Balance |
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The more than 1,000 “turn regulators” at most of the
taxi ranks across Addis Abeba will be out of
business when the belated zoning system is
implemented in a few months, unless zone
associations want to keep them, sources disclosed
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Auditors Wary of Draft Directive |
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The objective of the directive is to ensure that
auditors know the peculiarities of the operations in
the new commodity exchange system, and thas the
financial documents traders provide are
indisputable, Addisalem Balema (PhD), director
general of the authority, said last Tuesday, April
14, 2009, while opening a consultative workshop on
the directive. The authority also hopes that the
directive would help ensure that auditors provide
financial statements that are customized to the
peculiarities of the commodity exchange. |
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Environment Forum Launches African Climate
Appeal |
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Encountering an Ethiopian farmer from the rural
parts like Dembetcha Woreda of the Amhara Regional
State who speaks fairly good English and adamantly
promotes the causes of the environment is indeed a
rarity. |
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Two VAT Violation Suspects Hospitalised |
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Two of the more than 15 businesspeople in spare
parts and jewellery trade accused of violating the
Value Added Tax (VAT) Law by the Federal Revenue and
Customs Authority (RCuA) prosecutors are undergoing
medical treatment at two separate private clinics in
Addis Abeba, sources disclosed. |
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Japan Gives $6m to Sustaining Vulnerable
Children |
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The government of Japan has donated six million
dollars to the United Nations Children Fund (UNICEF)
Ethiopia, towards reducing the vulnerability of
children to the impact of rising food prices.
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Federal High Court Convicts South African
National |
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The drug smuggler was taken into custody immediately
after he was apprehended at the airport in
possession of 81 small packs of drugs hidden in his
stomach while he was traveling from Argentina to
Johannesburg, South Africa, via Addis Abeba. Federal
prosecutors then filed a charge against George on
one count of drug trafficking; he defended the
charge without a lawyer, while Asrat Bayabil was the
prosecutor in charge of substantiating the charge to
convince the court to put the South African man
behind bars.
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Lion Bank Installs Core Banking Solution |
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After a two-month delay in the original schedule,
the bank’s branches in Yeka, Arada, Raguel, Gofa and
Merkato areas have now started operating using the
newly installed solution system, according to a
press release the bank sent to Fortune on
Wednesday, April 15, 2009. |
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Transport Authority to Automate Annual
Vehicle Inspections |
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Come September 2009, owners of vehicles in Addis
Abeba and Dire Dawa will no longer deal with manual
inspections of their cars when going through the
annual inspection requirements. The Ethiopian
Transport Authority - a federal agency responsible
for regulating transport operations on roads - has
acquired three machines that will help it automate
the inspection process.
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Unity University Staff Get Hefty Pay Rise |
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Unity University, the first private higher education
institution in Ethiopia, has implemented a record
high salary adjustment after having joined the giant
conglomerate group - MIDROC Technology Group - in
November 2008. |
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Investment Maintains Upward Trend despite
Global Downturn |
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With little room for a survey to determine its
actual status, the real estate sector seems to be
saturated. The trend in the sector is that of a
decline; it has gone down from 2,423 projects in
2006/07 to 1,772 in 2007/08, and this year only 932
projects have been registered in nine months.
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Standard Primary Curriculum to Cut across
Public, Private Schools |
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Officials from the bureau made it clear to directors
of private schools two weeks ago that they want them
to strictly adhere to the government’s curriculum.
This would mean that Amharic would become the medium
of instruction in all public and private primary
schools in the city.
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Somali Region, Ukrainian Firm Geared for Oil
Exploration |
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The company, which received a license from the
Ministry of Trade and Industry (MoTI) a week ago,
will need to sign a contract agreement with the
Ministry of Mines and Energy (MoME) before it starts
the explorations. |
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