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Published On Nov 27, 2011 |
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Cabinet Approves City Restructuring |
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As Addis Abeba kicks off its celebration of the
125th anniversary of its foundation, the city
administration is to see major restructuring with
the establishment of new entities, amalgamation of
old ones and changes to the supervisory role of the
mayor. |
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Salini Aims to Make CBE HQ its First Building in Ethiopia |
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Salini Construction Spa, an Italian based Co, which
has been involved in dam projects for over half a
decade, is looking to get into its first building
construction after showing interest in the
headquarters of the Commercial Bank of Ethiopia (CBE).
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ERCA Amends Duty Free Insurance Directive to Exclude
Diplomats |
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A directive mandating the calculation of insurance
coverage of duty free cars including the custom and
duty that would have been paid has been amended last
week to exclude those with diplomatic privileges.
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ERCA Grants Privileged Status to Premier Companies |
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The Ethiopia Revenues & Customs Authority (ERCA) has
selected 10 companies from the manufacturing sector
as Authorised Economic Operators (AEO). This status
entitles them to preferential treatment during
customs clearing. |
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Zemen Nominates Abyssinia VP as President |
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The Board of Directors of Zemen Bank have nominated
Anteneh Assefa, vice president of operations at Bank
of Abyssinia (BoA), to be its president and
submitted his name to the National Bank of Ethiopia
(NBE) for acceptance. |
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| Agenda |
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The price of cement is coming down. So is the demand
it seems. |
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Read More |
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Editor's Note |
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Technological advancement has connected... |
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Commentary |
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The recent actions of tax authorities to reclaim
waived taxes on dividend payments of
multinational... |
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| Opinion |
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Financial knowledge is scantly distributed in our
fair city of 2.3 million people. |
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Read More |
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"We neither support to sustain nor
struggle to oust the EPRDF." |
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Kassahun Folo, president of the Confederation of
Ethiopian Trade Unions (CETU), said this in explaining the
independence of the confederation. The confederation receives no
financial assistance from the government, he reckoned, in an
exclusive interview with Fenote Netsanet, a weekly newspaper
published by the Unity for Democracy and Justice (UDJ) Party, on
November 23, 2011. |
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The world is assailed by problems that defy easy answers.
Economic shocks are destabilising countries and whole
regions and inflicting great social and financial hardships
on families and their communities. Environmental damage
threatens food...Read
More |
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As the Durban climate summit fast approaches and as
the first commitment period of the Kyoto Protocol
comes to an end in 2012, global carbon markets have
been adversely affected by low prices that are
failing to drive necessary investment in low-carbon
technology...
Read
More |
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Viewpoint |
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World leaders, governments, aid agencies, and nongovernmental
organisations (NGOs), will converge on the Korean port city of ... |
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The Fine Line |
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Leaving the Ethiopian ruling party is no less a
delicate affair than breaking up a marriage, some
say. Particularly for the veterans... |
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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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