Published On  Nov 27,  2011
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Cabinet Approves City Restructuring

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

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

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

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

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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The price of cement is coming down. So is the demand it seems.


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Editor's Note  

Technological advancement has connected...


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The recent actions of tax authorities to reclaim waived taxes on dividend payments of multinational...

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Financial knowledge is scantly distributed in our fair city of 2.3 million people.


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Radar and Caption    
  Radar articles... and Photo Caption  

"We neither support to sustain nor struggle to oust the EPRDF."

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.


Quality Education Beyond Schools


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


VIEWPOINT-Willing, Winning Will Realise Climate Capitalism


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


World leaders, governments, aid agencies, and nongovernmental organisations (NGOs), will converge on the Korean port city of ...

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The Fine Line

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

Sellers of sambusas, the deep-fried dough triangles filled with,...

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