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Development Bank to Offer Citizens Gov’t Bonds |
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The
state owned Development Bank of Ethiopia (DBE) will
soon offer members of the public 200 million Br
worth of government saving bonds, each denominated
between 500 Br and 100,000 Br, according to Esayas
Bahiru, president of DBE.
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Attempt
to Withdraw 14.8m Br from NBE Lands Woman, Three in Jail |
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Federal
investigators arrested a woman, whose name remains
undisclosed, and two junior staff members of
National Bank of Ethiopia (NBE) last week, following
an alleged attempt by the first to withdraw close to
14.8 .... |
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Home
Buyers Sue May Real Estate |
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A civil suit has been
instituted against May Real Estate Development Plc,
in the Federal High Court, Eighth Civil Bench, on
January 21, 2011, by 28 home buyers residing in
Ethiopia and the US for failing to deliver homes
within the agreed time, and jacking up the cost of
the units. |
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Taskforce Intercepts Largest Contraband Cargo from Camels’
Backs |
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Law
enforcement agencies, last week, intercepted
contraband clothes packed in 60 bundles while
allegedly being smuggled into the country on the
backs of 30 camels. These packages were caught near
the town of Qobo, 659km....
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| Agenda |
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Most
Southern Sudanese may think their highly praised
referendum process |
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Editor's Note |
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The construction industry has been given
carte blanche when it comes to ...
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Commentary |
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Macroeconomic policymakers in Ethiopia are keen to
use devaluation as an instrument to promote exports,
but for the devaluation to produce positive results,
increases in the overseas demand for products due to
prices ... |
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Read More |
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| Opinion |
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Africa
is to grow by five per cent in 2011, but Africa is
more aid dependent than five years ago. For 24
countries (including Ethiopia) out of 50 for which
data is available, aid makes up between 15pc and
20pc.,.. |
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Read More |
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"Benzene should not be subsidised because the
well-offs use it. However, diesel and kerosene should be subsidised." |
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Gebru Asrat, chairman of Forum,
said this in response to questions about the viability of
subsidising petrol products, in an interview published on
Wednesday, January 26, 2011, in Sendek, an Amharic weekly. |
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In the absence of the announcement of the findings of
investigations into the cause of the Ethiopian Airlines
crash of flight ET 409 more than a year ago, speculation
about the cause has been rife, with different parties
pointing fingers at each...Read
More |
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View Point |
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The talk
of the town in Addis Abeba and wherever else
Ethiopians live is the price control regime recently
instituted ... |
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The Fine Line |
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Something unexpected must have changed in the
reshuffling of officialdom in the Revolutionary
Democrat camp, those... |
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View From Arada |
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While the prices of some vegetables and fruits recently saw
a ... |
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