|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
|
|
|
 |
|
News
Feed |
|
|
|
|
|
|
|
Column
Feed |
| |
|
|
|
|
|
|
|
|
|
|
Djibouti Port
Revises Series of Tariffs |
|
|
|
|
| |
|
There will be a new set of tariff rates to be
applied to all services at the Port of Djibouti,
beginning mid-August 2008, DP World Djibouti
announced. Communicated to the Ethiopian authorities
through the Ministry of Foreign Affairs, who were
caught off guard, and so completely taken aback by
this development, various sources revealed. |
|
|
|
| |
| |
|
|
Recent
Audit Report Stirs Intra-Agency Controversy |
|
The 16-page report to Parliament by the Acting
Auditor General, Assefa Desta, could hardly be
pleasant news for many in the government. But none
are as vocal in their protest as Teklewold Atnafu,
governor of the National Bank of Ethiopia (NBE), and
Sufian Ahmed, minister of Finance and Economic
Development (MoFED).
|
|
|
|
| |
| |
| |
|
Al Amoudi's Firm to
Secure Large Plot for Bio-Fuel |
|
Horizon Plantation Plc, a newly established company
by Sheikh Mohammad Hussein Al Amoudi, will secure
the 100, 000hct of land it requested for its planned
bio-fuel development. |
|
|
|
| |
|
| |
|
|
Bankers' Plea "Tears of Crocodile": NBE Governor |
|
The Banking Bill that many refer to as ‘stringent’ was
ratified last Tuesday, July 1, 2008. Teklewold
Atinafu, governor of the National Bank of Ethiopia (NBE),
the nation’s most important financial institute,
which was the architect of the bill, said at
Parliament that the bankers’ fears on the
consequences of the amendment of the banking bill
are, ‘tears of a crocodile.’ |
|
|
| |
| |
|
| |
|
High Bid Pushes Sugar Prices to over 800 Br
per Qtl |
|
Minister of Trade and Industry (MOTI), Girma Birru,
ordered a probe into the reasons why a quintal of
sugar in an auction opened two weeks back fetched
780 Br, well in excess of government expectations. |
|
|
| |
| |
|
| |
|
About 70pc Opposition MPs Reject New Press
Law |
|
The country’s legislative organ has, last Tuesday
July 1, 2008, approved the controversial Mass Media
and Freedom of Information Proclamation, despite the
outcry within and outside Parliament. |
|
|
|
| |
| |
|
| |
|
Preferential Condos Distribution Back |
|
With the come back of the Ethiopian Peoples
Revolutionary Democratic Front (EPRDF) to Addis
Abeba’s realm, the preferential system for the
allocation of condos has been reinstated after two
years. |
|
|
| |
| |
|
| |
|
Railway Network Tender Postponed by a
Fortnight |
|
The newly established Ethiopia Railway Corporation (ERC)
has postponed, by a fortnight, the opening date of
the tender it floated for the Engineering
Procurement and Construction (EPC) of the railway
lines for Addis Abeba. According to an earlier
arrangement, the auction was expected to open on
June 30, 2008, but now it has been postponed to July
15, as the bidding companies requested more time to
prepare project proposals, Corporation Manager,
Getahun Betru (Phd) told Fortune. |
|
|
|
| |
| |
|
| |
|
Law Enforcement Agents Gear to Fight Drug
Trafficking |
|
A project to strengthen the drug interdiction and
investigation techniques of the Ethiopian law
enforcement institutes, sponsored by the Regional
Office for Eastern Africa (RDEA) of the United
Nations Office on Drugs and Crimes (UNODC), was
launched on Tuesday, July 1, 2008, at Sheraton
Addis. |
|
|
|
| |
| |
| |
|
Federal General Audit Office Gets New Chief |
|
Parliament has appointed Gemechu Dubiso as the
Federal Auditor General on Tuesday, July 1, 2008, a
week after it deliberated on the controversial
2005/06 budget year audit findings. The 44-year old,
who obtained a MSc degree in Finance and Management
from Glasgow Caledonian University (UK), was
nominated by the Prime Minister.
|
|
|
|
| |
| |
|
| |
|
Adama,
30m Br Multi-Purpose Building Goes Operational |
|
Comfort International, a six-storey building in the
heart of Adama (Nazareth) town of Oromia Regional
State, constructed at a cost of 30 million Br, went
operational on Sunday June 22, 2008. |
|
|
| |
| |
|
| |
|
MoARD Adopts Fast Track Scheme to Boost
Cereals Production |
|
The absence of the Belg rain in the current
year, along with other factors, has resulted in a
little below half of the 28 million metric tonnes of
cereals production the government had, at the start
of the year, planned to achieve nationally over the
past nine months. The agricultural sector failed to
meet the target, with the nation producing only 16.4
million metric tonnes. |
|
|
| |
| |
|
| |
|
BPR Comes to Addis |
|
Federal and regional institutes have been busy over
the past three years implementing the Business
Process Reengineering Program (BPR) – a mechanism
government designed hoping it would increase the
efficiency of its institutes. |
|
|
| |
| |
|
| |
|
Industrial Exports Missing Mix to Tip Trade
Scale |
|
In December 2007, during the Parliament’s Question
Hour – session at which respective government
officials answer questions by MPs – Kassu Illala,
minister of Works and Urban Development (MoWUD) told
the house his observations on the Ethio-Djibouti
highway. |
|
|
| |
|
|
| |
|
Cold Winter without Mealie-Cobs |
|
In earlier years, the onset of the just begun season
– the rainy season – was characterized by an
increased supply of mealy-cobs, or maize. Unlike
previous times this year, there are no cooked, or
roasted maize, being sold by vendors in the streets.
In the story presented below,
SISAY GEBREMARIAM FORTUNE STAFF WRITER,
and
ABNET ASSEFA, SPECIAL TO FORTUNE,
talked to farmers, wholesalers, vendors and
government officials to find out what has caused
this anomaly. |
|
|
| |
| |
|
|
|
|
|
|
|
|
| |
| |
| |
| |
| |
| |
| |
| |
|
|
|
|
|
