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Oromia International Declares 164pc Profit Increase |
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The Oromia International Bank (OIB) has announced
that it has managed to secure close to 56.8 million
Br in profits before tax during the 2010/11 fiscal
year. |
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Private Sector May Play Role in Electricity Provision |
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The Federal Labour Affairs Board has extended the
hearings in a labour dispute between the Ethiopian
Airlines Basic Labour Union and management by an
additional week to allow for further negotiation
between the two parties, a decision made in a
hearing held on August 12, 2011. |
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Only Two Land Lease Bidders Claim Prize |
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Bole District has announced that only two of the 10
individuals who placed bids on leases for plots of
land during an auction, have paid the down payment
for their offered lease prices. |
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Pharmaceutical Co Sues Development Bank for Stolen Property |
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The Central Leather Research Institute (CLRI) in
collaboration with Footwear Design and Development
Institute (FDDI) is to start on a twining programme
for the Leather Industry Development Institute (LIDI)
of Ethiopia as of ... |
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Leather Sector Earns $104.1m from Exports |
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The Ethiopian Leather Industry Development Institute
(LIDI) has announced that the nation has earned more
than 104.1 million dollars in leather exports,
performing 73pc lower than its projected target of
180.4 million dollars for... |
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| Agenda |
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Buhe, a Christian holiday in which a special bread
called mulmul is shared,... |
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Editor's Note |
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The sluggish graduation of countries from
the club... |
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Commentary |
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We may live in a post-industrial age, in which
information technology, biotech, and high value
services have become drivers of economic growth. |
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| Opinion |
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According to folktales, shepherds used to serve as
political prophets in rural Ethiopia. Good and bad
days could easily be discerned from their songs.
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"During
this time of peace, we do not want to see brothers bleed. I have appealed to
Meles [Zenawi] and Isayas [Afeworki] to settle their issues and come up with a
peaceful solution." |
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Salva Kiir Mayardit, the first president of the Republic of
South Sudan, made this statement on Tuesday, August 16, 2011, at
a press conference held in Addis Abeba. Kiir’s comment was an
appeal to Ethiopia and Eritrea to end their feud. |
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Mobile operators, network suppliers and telecom
contractors are slowly waking up to the fact that
they, like so many other industries, will have to
grasp the “green” global trend and make their
products and solutions more environmentally
friendly.Read
More |
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Perhaps for the first time in modern history, the
future of the global economy lies in the hands of
poor countries. The developed world struggles on as
wounded giant, a casualty of its financial excesses
and political paralysis. It seem condemned by its
heavy debt burdens to years of stagnation or slow
growth, widening inequality, and possible social
strife.Read
More |
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Viewpoint |
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The sluggish graduation of countries from the club of least
developed countries (LDCs) remains a daunting reality for global
policy makers. |
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The Fine Line |
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Long after macroeconomic policymakers declared
"Mission Accomplished" in arresting the tide of
inflation, sceptics were reluctant... |
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Out and About |
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Sellers
of sambusas, the deep-fried dough triangles filled
with,... |
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