http://www.addisfortune.com/index.htm Get the Latest Business News from Ethiopia- The Largest English Weekly in the Nation! http://blogs.law.harvard.edu/tech/rss Jitbit RSS Feed Creator Mon, 25 May 2009 00:00:00 +0300 The economy is down to its knee; a serious deficit in power provision, estimated by independent experts to have reached 200Mw, has created a sense of desperation among managers of both large scale industries and small businesses in urban centres. Those in charge of managing the nation’s power business urge the public to be patient for one more month. The construction of a new dam, Gilgel Gibe II, with a generation capacity of 420Mw electric power, is about to go through a three-phase testing process before it gets commissioned in July 2009. Work on this project is almost complete, with just over 200m left of the tunnel that is instrumental to the start of power generation, writes OMER REDI, FORTUNE STAFF WRITER. http://www.addisfortune.com/Agenda.htmMon, 25 May 2009 00:00:00 +0300Even the most ardent critics of the Revolutionary Democrats are disarmed when it comes to their credentials in building the nation's infrastructure. From expansions in road networks to electrifying thousands of towns; from building airports to developments of tens of thousands of housing units; and from establishing over a dozen brand new universities to the erections of mega irrigation dams, infrastructure is a forte to the ruling party. http://www.addisfortune.com/fortune_editors_note.htmMon, 25 May 2009 00:00:00 +0300In his doctoral thesis titled, "Neo-liberalism: Dead Ends and New Beginnings," Meles Zenawi, chief architect of the developmental state in Ethiopia, argues that the assumptions that underlie the theories of market economy are fraught with pitfalls. This is, he contends, due to imperfection in information. http://www.addisfortune.com/opinion.htmMon, 25 May 2009 00:00:00 +0300The world has not seen such a global economic meltdown since the Great Depression of the 1930s in the United States. The crisis this year has its source in the United States; in the form of real estate crash. Ironically, the crisis has been used as an opportunity for the Revolutionary Democrats in Ethiopia to justify and prove their long held ideology of the state's involvement in the economy undisputed. They have rushed to conclusions that are premature, argues Lidetu Ayalew, an MP and chairman of the Ethiopian Democratic Party (EDP). His party claims to be the lone prompter of liberal democracy in Ethiopia. http://www.addisfortune.com/ecconomic_commentary.htmMon, 25 May 2009 00:00:00 +0300Under growing pressure for greater efficiency and security of international trade, both governments and the private sector are increasingly looking for ways to move away from a paper based document system towards paperless information exchange. http://www.addisfortune.com/Viewpoint.htmMon, 25 May 2009 00:00:00 +0300When people meet a kind of fate such as mine, being a member of the media since packing my bags and making the move home to our lovely nation so full of history and contradictions, they say 'Edele hono;' loosely translated, it means "as luck would have it." I use the notion of luck or destiny because they both play a huge role in the world of Ethiopian journalism. http://www.addisfortune.com/lifematters.htmMon, 25 May 2009 00:00:00 +0300This time, it is over football once again that some fans have lost self-restraint. From Gambella in the west to Somali in the east, from Gonder in the north to Moyale Ber in the south, the football euphoria is spreading like wild-fire. Everywhere we go, we meet people from all ranks and file, young and old, men and women talking and discussing football matches as though football were a life-or-death deal. http://www.addisfortune.com/View_From_Arada.htmMon, 25 May 2009 00:00:00 +0300The foreign office has recalled several ambassadors assigned across the world back to the base. A series of letters were dispatched to close to at least 10 of them two weeks ago. Gossip suspects that more will be recalled in the coming months. http://www.MyWebSite.com/item.htmlMon, 25 May 2009 00:00:00 +0300Find out about all the Entertainment news From Addis Fortunehttp://www.addisfortune.com/Fortune_Entertainment_news.htmMon, 25 May 2009 00:00:00 +0300