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| PHOTO CAPTION |
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TRACTOR FARM |
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Hundreds of
brandnew earth moving machines, including tractors,
excavators, bulldozers, and dump trucks can be seen
parked a few metres from a 10,000ht plot of land
leased by Saudi Star Agricultural Development Plc in
Abobo Town, located 35km from Gambella, on December
18, 2010. Registered with a capital of 500 million
Br as an investment company in August 2009, Saudi
Star, which is co owned by Mohammed Al-Amoudi, plans
to start cultivating rice by the Alwero Dam, which
was constructed by the military during the time of
the Derg for growing cotton on land that has lain
idle for close to two decades, since the regime’s
demise. |
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NEW LANDMARK |
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Bahir Dar Town,
located 477km from Addis Abeba and the capital city
of Amhara Regional State, will soon see the
completion of its tallest building yet. The
construction of the building, which is being built
by Tileksew Gedamu on the shore of Lake Tana to
serve as a hotel, has already reached the 10th
floor, surpassing the three six-storey buildings
that used to be the tallest.
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Christmas Egg! |
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As
the time for Christmas shopping approaches, despite it being fasting
season, eggs were being sold in abundance at Shola Market, located
in Yeka District, on Tuesday, December 28, 2010. The eggs are
categorised as local and ferenji (foreign); the former is sold for
1.30 Br and the latter for 1.50 Br. Ironically, eggs that are
slightly cracked are in higher demand than ones that are not,
selling at one Birr apiece.
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RADAR |
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Great
Responsibility . . .
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Girma Wake, CEO of Ethiopian Airlines
Enterprise, reminded graduates of the Aviation Maintenance
Technicians School (AMTS) of Ethiopian Air Aviation Academy (EAAA)
of the huge responsibility and mission they would carry from that
day on, on Thursday, December 30, 2010, at the headquarters of the
airlines. Girma made the speech to 75 students who had been trained
in three departments of ATMS: Aviation Maintenance Technician,
Avionics, and Air Frame Technician, for 24 months, 14 months, and 11
months, respectively. EAAA has trained 2,719 people from 48
countries worldwide, of whom 1,967 are Ethiopian, since its
establishment, in February 1967.
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Luxury Bus? |
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From left: Getachew
Mengiste, state minister of Transport (MoT); Kassahun H. Mariam,
chief director of the Federal Transport Authority; Desta Moges,
chairman of the board of directors of Selam Bus SC; and Teferi
Mengiste, accountant at Lion International Bank (LIB); tour the
interior of one of the 10 Yutong buses, which Selam Bus imported, at
their launching ceremony at Meskel Square on Friday, December 31,
2010, a little over a month after the buses’ arrival. The 25 million
Br buses are all equipped with various amenities like toilets, air
conditioning, refrigerators, as well as TVs and DVD players.
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Sign on the Line
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Fekade Haile (Eng),
general manager of Addis Abeba City Roads Authority (AACRA), and
Menash Levy, manager of Tedhar Construction Co, sign the contract
awarding the construction of the 2.3km road from Asko to Wingate
Ring Road to the latter, after the company outdid Macro Construction
and Chinese Road and Bridge Construction (CRBC) Addis Engineering
Plc in its bid for the tender. Tedhar was awarded the contract for
203.4 million Br, inclusive of VAT. |
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Democratic Party Shortlists Agenda |
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The Ethiopian
Democratic Party (EDP) has shortlisted 10 issues for an agenda on
which to pass a decision during its fifth general assembly scheduled
to be held in Addis Abeba in March 2011.
Attainability of liberal democracy in Ethiopian politics; the
Constitution and related affairs; as well as current economic,
social, and foreign relations affairs were on the agenda that the
party introduced at a press conference at the Ghion Hotel on
Thursday, December 30, 2010.
The EDP will also gauge political parties’ strategy during the 2010
election, the current role of political parties, institutions’ role
in building democracy, political parties’ techniques, and the EDP’s
main future political dimensions.
The party must make the issues available for discussion at different
levels, to make the passing of decisions by the assembly easier. |
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Trade Ministry Prepares
New Bill |
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The Ministry of Trade (MoT) has prepared a draft on the Ethiopian
Standard Industrial Classification (ESIC), which was first published
in November 2010, during a training session held on the new Business
Licensing Proclamation (No. 686/2010), held on Wednesday, December
29, 2010, at the assembly hall of the ministry.
Since trade registration and licensing are generic terms and there
are no systematic means for managing traceability, the possibility
of controlling trade malpractices is low. However, the proclamation
has set out a systematic classification by which to grant licences
to each sector. The classification is made to cover all activities
in the economic and social sectors while grouping similar fields,
products, and services together.
The proclamation is intended to achieve the regulatory objective the
ministry. The document was adopted from the International Standard
Industrial Classification (ISIC). To date, there are 108 countries
that have implemented the system.
“The document is intended to serve as an instrument to facilitate
systematic licensing and to achieve trade fairness,’’ Legesse Gebre,
director of the Technique Regulation Coordination Directorate for
the ministry, told Fortune.
The proclamation’s final is to be published within the next few
months.
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Ethiopian Resorts back
to 767 after Door Jams
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The door of one of Ethiopian Airlines’s
new Boeing 777-200 LR became stuck last week in Luanda, Angola,
resulting in the passengers being transferred to one of its old
planes, the Boeing 767, to transport them to Washington DC.
The first of the five Boeing 777-200 LR planes the Ethiopian
government had ordered from Boeing arrived in Addis Abeba from
Washington with 155 passengers in November 2010.
The planes are described as ultra long-range aircraft that can
travel long distances without refuelling.
The plane has followed the same routine of flying to an African
country in the day time and to Washington at night. |
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Water Auth. Signs Well
Drilling Contract
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The
Addis Abeba Water and Sewerage Authority (AAWSA) signed an agreement
for the drilling of 26 water wells with two Chinese companies and
one local company, on Monday, December 27, 2010.
The authority signed the agreement with Shandong Geological and
Mineral Equipment Ltd Corporation and Construction Group Corporation
(CGC), as well as Tana Water Wells Drilling Plc for the drilling of
the wells at a cost of 200 million Br.
Out of the total, Tana was awarded the drilling of eight 500 metre
deep water wells, at a cost of 60 million Br.
The AAWSA plans to drill a total of 46 water wells this fiscal year
with financing by the government and the World Bank (WB). The
authority provides the city with a daily 301,000 cubic metres of
water from the dams in Gefersa and Legedadi as well as the water
wells in Akaki.
The new water wells are also to be drilled in Akaki and are expected
to be finished in four months, with pipelines running through Lebu
in Nefas Silk Lafto District to Alem Bank in Kolfe Keraniyo
District, areas that have severe water shortages.
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Airport, Bole to Restore Damaged
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The Ethiopian
Airports Enterprise (EAE) and Bole District Administration signed a
memorandum of understanding (MoU) on December 17, 2010, for the
rehabilitation of 109ht of land, which was damaged while producing
gravel.
The enterprise is to plant trees that do not contain food for birds,
that suits the nature of the airline, and will reduce sound and air
pollution.
The master plan of Addis Abeba has tasked the Environmental
Protection Agency (EPA) with developing green areas, and the agency
in turn transferred the role to Bole District Environmental Bureau,
according to Sisay Habtegebriel, representative for the district
environmental bureau.
The EAE, Ethiopian Civil Aviation Authority (ECAA), Bole District
Plan and Information Preparation, and the EPA discussed the proposal
in October 2010, after which they agreed to sign the MoU. |
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Tax Auth. to Start VAT Receipt Lottery |
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The Ethiopian
Revenues and Customs Authority (ERCA) is to implement a directive to
allow it to start a lottery using numbers on VAT receipts in
collaboration with the National Lottery Administration.
The lottery system will award prizes based on VAT receipts with the
tax identification number (TIN) of either the person or company that
paid for goods or services. The receipt must also contain the number
of the cash register machine which printed it.
Drafted in August 2008, the directive was meant to encourage
customers to demand receipts as well as reduce the amount of money
the authority is losing, according to sources close to the ERCA who
were not authorised to comment.
“This will reduce the reuse of receipt by waiters when customers are
not paying close attention,” the sources told Fortune.
The authority can decide on the date of announcement, the issuance
of the programme date, prize types, numbers, and the medium of
communication for the announcement of the prize. The ERCA could also
announce the types and levels of the prizes 15 days in advance. |
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Japan Aids 144m Br More for Abay Gorge
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The Japanese Government donated an additional 144 million Br on June
25, 2010, for equipment supply, operation, and maintenance of the
Goha Tsion - Dejen Road, which crosses the Abay (Blue Nile) Gorge.
The grant agreement was signed by Kinichi Komano, ambassador
extraordinaire and plenipotentiary of Japan to Ethiopia, and Ahmed
Shide, state minister for Finance and Economic Development (MoFED).
The trunk road from Addis Abeba to Dejen, which underwent
reconstruction beginning in 1995, is already completed and in use.
But the segment through the gorge has been damaged due to
landslides.
This trunk road connects mainly the food crop areas of the country’s
west, northwest, and some parts of its northeast.
Since 1998, Japan has provided grants totalling 2.2 billion dollars for
the rehabilitation of 223km of road from Addis Abeba to Goha Tsion
and from Goha Tsion to Dejen. |
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10 Years of Educating while Entertaining Public |
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Population Media Centre will be celebrating its 10 years of
establishment in Ethiopia with an exhibition to display its decade
long effort. This international company will also inaugurate a book
titled “Mulu Sew,” meaning “Whole Person,” which is a collection of
young authors’ works, on July 4, 2010, at the Hilton Hotel.
Population Media Centre works worldwide using entertainment as an
educational tool to effect social change. It broadcasts its
educational messages through the medium, Amharic Radio Program. The
programme titled, “Alegnta” meaning “Someone to Rely On,” features
research based audio dramas, to reach the public at large.
The centre promotes family planning, reproductive health, and women’s
status, with the ultimate goal of stabilising population growth,
managing the HIV/AIDS epidemic, and decreasing Harmful Traditional
Practices especially Female Genital Mutilation (FGM), according to
its website. It is well known for its Afar and Somali language radio
programmes on FGM.
Population Media Centre was founded in 1998 by William Ryerson, with
the intention of using the extensive experience of experts in
entertainment-education to spread the application of the Sabido
Methodology in addressing population and reproductive health issues.
This methodology designs and produces drama series for radio and
television to win over audiences while imparting pro-social values,
according to the website. |
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Weyra Buys 50 Tankers for Fuel Trans. |
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The state owned Weyra Transport SC replaced its old and outdated
vehicles and trailers with 50 new ones that have the capacity to
handle 45,000 litres of liquid goods each. A ceremony was held on
June 21, 2010 for the presentation of the new vehicles.
The vehicles, imported from China, cost the company 75 million Br.
Seventy per cent of the financing was covered by a loan from the
Commercial Bank of Ethiopia (CBE). The trailers were assembled by
Mesfin Industrial Engineering.
The trucks will be assigned to transport oil for Total and OiLibya.
Weyra’s market share has grown from four per cent to seven per cent
because of the new trucks, according to Mesfin Tefera, managing
director of the company.
Beyene Gebre Meskel, director of the Privatisation and Public
Enterprises Supervising Agency (PPESA); board members; and other
officials were present at the inauguration of the vehicles. |
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Memorial
Hospital. |
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The designated
project includes the establishment of surgical device management and
provision of phachoemulsification services. On the job training for
local staff will also be part and parcel of the project. The
project, which will be implemented through the mutual consultation
of KOICA and the hospital, is expected to be completed in one year
and benefit more than one thousand people per year. |
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RCA Collects
Half of 5.4b Br Target for Year |
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The Revenue and
Customs Authority under the Addis Abeba City Administration’s
Economic and Finance Bureau managed to collect exactly half of the
5.4 billion Br it targeted for the whole 2009/10, fiscal year during
the last seven months.
The 2.7 billion Br
revenue collected from tax and non-tax income, including land lease
fees, has shown a 49pc increase from what the authority achieved
during the same time last year, according to Belay Tafesse, director
general of the authority.
Its business
process reengineering (BPR), efficient information gathering
(collecting finger prints and cash register machines), and law
enforcement contributed to achieving the amount gathered.
“But this is not
that much satisfactory, considering the potential,” Belay said, also
indicating that the rising number of illegal trades in the city has
contributed negatively to the number. |
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Master Plan
Dev’d for City’s Sewerage System |
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The Addis Abeba
Water and Sewerage Authority (AAWSA) made a feasibility study of the
master plan for waste disposal in the city.
The plan to
dispose of waste through pipelines has been presented to
stakeholders prior to the commencement of construction.
AAWSA currently
deploys trucks and pipelines for sewerage disposal. However, the
authority plans to upgrade the city’s disposal by an additional 800
pipelines.
The design for the
eastern sewerage system’s master plan, which has been finalised will
benefit residents around Kotebe, Yeka, Bole and CMC areas and will
upgrade capacity by over 40pc, according to a press release by the
Addis Abeba City Government Communications Affairs.
The master plan
for the eastern sewerage system has been finalised and construction
will begin in the next fiscal year as soon as the budget has been
secured, according to Getnet Gessese, communication affair work
process leader at the authority.
The implementation
is expected to benefit some 840,000 residents.
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Awards Given at
14th Int’l Trade Fair |
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The Addis Abeba
Chamber of Commerce and Sectoral Association held an award ceremony
at the Hilton Hotel on March 3, 2010, occasioning the closing of the
14th Addis Chamber International Trade Fair.
The first award
for Best Stand was given to Al-Sam Plc, Commercial Bank of Ethiopia,
Lucky Exports, Italian Trade Commission, MIDROC Technology Group,
SNS Household and Office Furniture, Techtra Engineering, Petram Plc,
MCO of the Federal Republic of Germany, Holland Car Plc and Q
Diagnostics Plc. The second award for Special Partnership was given
to GTZ-AMES-E.
The last award for
sponsorship was given to Al-Sam Plc, the Development Bank of
Ethiopia, Equatorial Business Group, Ethiopian Airlines, Omicron
Engineering Plc, Sonic Screen Advertising, I-Print Advertising,
Ethiopian Telecommunications Corporation and United Insurance SC.
The trade fair
that took place at the Addis Abeba Exhibition Centre from February
25 to March 3, 2010 brought together more than 118 local business
companies and 108 foreign companies from 23 countries |
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Institute for
EIABC Dev’t Inaugurated |
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The inauguration
of the new Ethiopian Institute for Agriculture, Building
Construction and City Development (EIABC) was held yesterday, March
6, 2010, at Addis Abeba University (AAU) South Campus.
Demeke Mekonnen
minister of Education, Junedin Sado minister of Science and
Technology, Andreas Esheté (Prof) president of AAU and Dirk Hebel,
Scientific Director of EIABC attended the inaugural ceremony and
presented speeches on the significance of the institute.
The EIABC is one
of the eight new semiautonomous institutes of technology being
introduced in the country at various universities and is part of the
overall university reform being conducted by the Engineering
Capacity Building Programme (ECBP) and the Ministry of Education.
The university
reform component is focused on the restructuring of governance and
study programmes as well as technology transfers, standards, and
benchmarks.
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ECA Hosts
African LDC Programme |
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The ECA hosted the
Civil Society Assembly for Assessing Development Challenges in
African Least Developed Countries (LDCs) on March 4 and 5, 2010.
The assembly
reviewed the Brussels Programme of Action (BPoA) and the Millennium
Development Goals (MDGs)
The Brussels
Programme reviewed the last 10 year plan since coming to a close and
proposed action plans for the coming 10 years.
There are 33 LDCs
from Africa including Ethiopia. Cape Verde recently got off of the
list of LDCs.
The action plan is
to enable the LDCs to reach at least seven per cent of commodity
driven growth. The LDCs economic growth is dropping because they are
only engaged in exporting primary commodities.
Their exports face
structural difficulties since there is no diversified exports,
according to Adrian Gauci, economic affairs officer at the United
Nations Economic Commission for Africa (UNECA)
In light of these
problems, the proposed growth rate may not be possible for the
coming two years. The inadequate infrastructure, small economy, less
skilled human power is to blame for slow growth rate. |
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New IMF
Framework for Low-income Countries Becomes Effective |
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The new package of
the International Monetary Fund (IMF), concessional facilities, to
support low-income countries, became effective as of January 7,
2010.
This far-reaching
reform more than doubles lending resources, provides exceptional
interest relief, and offers new lending instruments that are more
flexible and responsive to individual country needs, according to an
IMF press release.
Key elements of
the reform include three new lending instruments, interest relief,
and permanently higher concessionality.
The Extended
Credit Facility will provide flexible medium-term support; the
Standby Credit Facility will address short-term and precautionary
needs; and the Rapid Credit facility will offer emergency support
with limited conditionality.
The Fund has also
relieved developing countries from paying interest on outstanding
IMF concessional loans until the end of 2011 to help low-income
countries cope with the global crisis. Permanently higher
concessionality of Fund financial support refers to regularly
reviewed annual interest rates so as to preserve a higher level of
concessionality. |
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