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News
Feed |
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Column
Feed |
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Surprise
Board Adviser at OIB |
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The youngest commercial bank in Ethiopia, Oromia
International Bank S.C (OIB) appointed Abe Sanu, the
first youngest and short lived ex-President of
Commercial Bank of Ethiopia (CBE) as its board
advisor. |
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Ministry, Authority Denied
Supplementary Budgets |
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Sufian Ahmed, minister of Finance and Economic
Development (MoFED), has last Monday, December 29,
2008, given an unexpected response to the request
for supplementary budget by the Ethiopian Roads
Authority (ERA) and the Ministry of Education (MoE).
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CBE's 70m Br Card Payment System Bogged-Down
by Endless Delays |
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Derailed by bureaucratic indecisiveness and marred
by internal dispute, the seven million dollars worth
of project designed to introduce electronic card
based payment to the state-owned Commercial Bank of
Ethiopia (CBE) electronic card based payment has yet
to be awarded to the preferred bidder, even a year
and half later from the first time the bid was
publicly announced. |
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Read More |
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Sugar Exporters Secure Hold on
EU Market |
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The Ethiopian sugar exporting sector is set to
consolidate its share of the European sugar market
following the revision of its quota to the market
under a new initiative that encourages the increased
importation of non-war materials from developing
countries (LDCs). |
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| Agenda |
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The
chickens have finally come home to roost! Private
higher learning .... |
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| Editor's Note |
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One of the days last week must have been a
disappointment to some of the .... |
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| Economic
Commentary |
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For far too long, the West
has been providing humanitarian aid to Africa in form of kind; if it is
financial assistance, it is largely made as project financing, while lately
injecting cash into national budgets became fashionable. Direct budget support
to governments in Africa remains controversial, for few are able to be
transparent and accountable. |
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| Opinion |
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While numerous aid agencies have been claiming to
assist in improving the standards of preserving
skins and hides to maximize on benefits for the
livestock producers, some skins and hides merchants
have been trashing the set and established standards
of the industry. |
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| Gossip |
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To describe the reaction gossip corridors in town
experienced with the re-incarceration of Birtukan
Mideksa, leader of the Unity for Justice and
Democracy (UJD) as deeply shocking is an
understatement. Many are simply horrified realizing
to what extent .... |
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VERBATIM |
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"The ruling
party follows a political line that is 'revolutionary democracy'. It requires
weakening and elimination of opposition parties in order to ensure the
continuity of rule by the governing party." |
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Seyee Abraha,
former strongman of the TPLF, one of the senior members in the
ruling coalition, EPRDF, said in a paper he presented to Forum
for Democratic Dialogue, a political platform he created with
Negasso Gidida (PhD), former president, and opposition parties. |
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The year 2008
has just ended late last week. From the announcement of
Prime Minister Meles Zenawi’s decision not to run for office
in the next election to Barak Obama’s election as the first
black President of the US, from Ethiopia’s drought
controversy in March to the global financial crisis that
led to a sharp price decline in the international oil
market, the year has seen a mix of events as ..... |
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View Point |
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Journalist using the internet to tell the whole story is as
old as when he or she moved from the papyrus, to the writing
pad to the ... |
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Life Matters |
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The avalanche began with the incarceration of
Ethiopia's pop-icon Tewdros Kassahun (a.k.a Teddy
...
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View From Arada |
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Is the old adage, ‘Justice delayed is justice
denied’ really becoming a thing of the past in ....
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