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Airport
Customs Branch Asks for More from Importers |
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Imports through the customs branch at Bole
International Airport are being charged deposits
that are 25pc to 100pc beyond normal import tax
rates based on accompanying invoices, if the items’
market values are not already catalogued, until the
correct amounts are figured out. |
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Education Ministry Bans Distance Learning |
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The Ministry of Education (MoE) scrapped all
distance education programmes provided by
both private and public institutions in the
country; private colleges are also no
longer to offer training in law and teaching
fields. |
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Court:
Natenael Plc to Stitch up Default Due Hawassa Textile |
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The state owned textile mill, Hawassa
Textile SC, won a civil suit against
Natenael Plc, a company engaged in textile
and industry product distribution, involving
a claim of around 1.2 million Br, after the
latter failed to pay for the textile
products supplied to it. |
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Second
Year Profits Surprise Oromia Int’l Bank |
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Oromia International Bank (OIB), in its second year
after establishment, has made its first profit at
21.5 million Br. |
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Court
Grants Askallukan Plaintiffs 10.6m Br |
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The Federal High Court, Ninth Civil Bench, awarded
nearly 10.6 million Br to 282 plaintiffs in a case
instituted in 10 separate court filings against
Askallukan Trading Plc, while the criminal suit was
further adjourned due to the absence of the first
defendant and the defence lawyer. |
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| Agenda |
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The Addis Abeba City Administration has begun to
reclaim land leased to... |
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Editor's Note |
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The Addis Abeba City Administration has had
a bad track record when it ... |
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Commentary |
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Despite recent debates and public discontent in
relation to the enforcement of value-added tax (VAT), a large segment of the
population that earns low wages enjoy exemptions on basic needs such as housing,
grain, flour, injera, bread, and milk and the cost of healthcare, education,
transport, and utilities, writes MAMMO ABDI, a tax and customs affairs advisor
to the deputy general of the .. |
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| Opinion |
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In recent years the country emerged from mono and
state owned banks to experience the opening and
expansion of many private banks, one after the
other, totalling around 15 today. Credit should be
given to the .. |
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Gossip |
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Here it goes again; regime change in Somali Regional
State, one of the half dozen over the past decade.
Claiming notoriety for such political turmoil, the
regional state and a few of its
... |
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Read More |
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"In
one moment, you are a hero of two wars, (and then) suddenly, you are a disgrace,
simply because you have a certain opinion.
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Tsadikan G. Tensae, formerly chief-of-staff of
the Ethiopian Army with a rank of Lieutenant General, recalled
in the English weekly Sub-Saharan Informer what it was like to
suddenly be relieved of his duties. Subsequent to the split
within the Tigray People’s Liberation Front (TPLF), where he was
one of the senior military leaders, Tsadikan was discharged from
the army nearly 10 years ago and replaced by Samora Yenus (Gen),
who is currently the chief-of-staff. |
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Despite all the cable laying going on around
the capital, connection speeds for many uses remain far from
satisfactory, especially in certain areas and at certain
times of day. Hailu Teklehaimanot, Fortune Staff Writer, sat
down ........
More |
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Ever since the ousting of Imperial rule back in the early
1970s, tens of thousands of Ethiopians have journeyed to
neighbouring countries, hoping for transit to a western
nation. Kenya remains one of these countries that continues
to host Ethiopian refugees, .....More |
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View Point |
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Seasoned lawyers often advise that, “before trying
to lend someone money or ‘investing’ with a
guaranteed return, see your attorney to make sure... |
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The Fine Line |
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It is indeed very trying to
describe the mood in the camp of the Revolutionary Democrats. It
is as if no one appears to know what is to come. Perhaps
uncertainty and .... |
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View From Arada |
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Every generation blames the one before it for everything
perceived to be wrong with the current times. |
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