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Published On Dec 18, 2011 |
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SA Cement Co Becomes Habesha's Largest Shareholder |
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Pretoria Portland Cement Company (PPC), a South
African-based company, has become the largest
shareholder in Habesha Cement (HC) acquiring 10pc
shares worth 70 million-Br last week. This
development comes about a week before HC is to hold
its general assembly. |
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Economic Growth Corridors Plan to Pave Future |
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The first phase of a study for the development of a
national framework for Economic Growth Corridors (EGCs)
in Ethiopia conducted by Ernst & Young (EY) is to be
presented on Friday, December 23, 2011, at the
Hilton Hotel. |
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City Admin Plan to Replace Ras Theatre |
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Ras Theatre, a building that has been standing since
1928, is to be demolished with a new seven-storey
building to replace it, in a bid by the Addis Abeba
City Administration Culture & Tourism Bureau to have
a modern theatre. |
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Electric Corporation Requires Factories to Buy Efficiency
Devices |
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The Ethiopian Electric Power Corporation (EEPCo) is
to mandate all industries to install devices that
ensure the efficient use of power. |
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Buna Bank Earns 19.4m Br Profit in First Full Year |
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Having become one of the first among those
established in the past few years not to report a
loss in its opening year, Buna International Bank
(BIB) registered a 19.4 million Br profit after tax
in its first full year of operation, in the 2010/11
fiscal year. During the nine months it has been
operational it has earned 48,000 Br in profit. |
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| Agenda |
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The livestock population of Ethiopia is believed to
be one... |
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Editor's Note |
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Even after 125 years, structural mix remains
a typical feature of... |
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Read More |
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Commentary |
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Residents of Addis Abeba routinely complain about
the lack of basic services that one would expect
from a major urban metropolis. |
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Read More |
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| Opinion |
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Thinking about how much my future is defined by my
past upsets me. It is as if life operates through... |
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"Government
interference was imperative." |
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Samuel Getu, son of the renowned businessman Getu Gelete and
operations manager for Getas International, a conglomerate, made
the remark, referring to the price fixing that the state had
imposed on 18 consumer items for six months, beginning in
January, 2011. Although many still argue that the price cap was
unwise and ineffective, it was right, Samuel noted, as the
private sector was not able to deliver essentials such as edible
oil at the subsidised prices, in an interview with The Reporter,
an Amharic biweekly newspaper, on December 14, 2011. |
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With climate negotiations dominating global policy discourse,
dry lands need special attention, as they involve the most
volatile challenges for global peace, argues Jeffery Sachs,
Professor of Economics at Colombia University, the United
States. He insists that tailored and comprehensive adaptation
responses...Read
More |
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The sense of uncertainty prevailing in the world is palpable and
rightly so. People are worried about their futures with a record
number now fearing that their children may end up worse off than
they. Unfortunately, things will become even more unsettling in
the months ahead.
Read
More |
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Viewpoint |
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As an African, this writer’s dream for the next decade is to see the
continent producing and selling chocolate to 300 million Chinese... |
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The Fine Line |
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Heads of overseas missions of Ethiopia across the
world appear to be in a hushed competition to
mobilize as many resources ... |
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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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