November 27
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Metec Rolls Plan to Train 80,000 Street People
Addis Fortune
The Metal & Engineering Corporation (MetEC) has designed a four-year project to train around 80,000 people taken from streets in various fields, in phases that might cost the... Read more »
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Addis Fortune
The Addis Abeba City Administration is celebrating the 125th anniversary of the establishment of the Capital City, the hub of the major economic and political activities of the... Read more »
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More to Sheraton's Exhibition Than Frame Varieties, Artists Numbers
Addis Fortune
Employees of Addis Abeba's Sheraton Hotel were busy last week decorating their illustrious premises with red ribbons in time for their Thanksgiving Day celebrations. Not only was... Read more »
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Proclamation Which Avoids Double Taxation Presented to the Parliament
Addis Fortune
The House of Peoples Representatives discussed on the draft proclamation intended to eliminate double taxation for businesses operating in Ethiopian and United Kingdom(UK) on... Read more »
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Addis Fortune
A regalvanized campaign by the Addis Abeba City Administration against illegal settlements built after November 2010, has raised complaints from residents. Read more »
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President Urges Youth to Contribute to the Green Economy
Government of Ethiopia
President Girma Woldegiorgis has called on the youth of Ethiopia to do their part in the country's drive towards the building of a Green Economy. Read more »
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Government Introduces E-Service With 3.8 Million Br
Addis Fortune
The Ministry of Communications & Information Technology (MoCIT) launched 49 e-service portals developed in order to enable seven governmental institutions give online services... Read more »
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Elections Without Institutions Live Short [column]
Addis Fortune
Few days before the undemocratic but popular Ethiopian national election of 2005 was held, the national television station broadcasted interviews of opposition figures. Amazingly,... Read more »
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Abyssinia Bank Earns Nearly a Quarter of a Billion in Profit
Addis Fortune
The Bank of Abyssinia (BoA) reported finishing the 2011/12 fiscal year with a profit after tax of 215.17 million Br, 22.9pc higher than that of the previous fiscal year. Read more »
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Developing Countries to Receive Close to Half a Trillion Dollars in Remittance
Addis Fortune
Remittance flows to the developing world is expected to reach 406 billion dollars in 2012, showing 6.5pc increment from the previous year, according to a new World Bank brief on... Read more »
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DP World Desirous to Manage Dry Ports in Ethiopia
Addis Fortune
Africa and Latin America will be primary focus for DP World, Mohammed Al Muallem, senior vice president and managing director for UAE, briefed journalists last week at DP World... Read more »
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Sanitation Props Undignified [column]
Addis Fortune
After 125 years of its founding, Addis Abeba has not yet reached at the height of its age to acquire the power to keep itself clean and neat for a capital city of a country, never... Read more »
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Eepco Delivers Power Correctors Too Slow, Continues to Fine Factories
Addis Fortune
The Ethiopian Electric Power Corporation (EEPCo) failed to deliver power factor corrector (PFC) devices for which it had accepted payment, leading companies to pay penalties for... Read more »
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Gonder University Spends 164.1 Million Br On Information Communications Technology
Addis Fortune
MoE provides the lion's share of finance, whereas CDC and Government of the Netherlands match it with 2.96mBr. Read more »
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Wegagen Bank Shows 335.6 Million Br Profit
Addis Fortune
Wegagen Bank earned a net profit of 335.6 million Br after tax in the 2011/12 fiscal year, a 3.8pc increase over its performance of the previous year, the bank announced at its... Read more »
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Ethiopia to Host Second Conference On Pulses, Oilseeds
Addis Fortune
The Ethiopian pulses, oilseeds and spices processors exporters association is to host the second international conference on pulses, oilseeds and spices with the theme... Read more »
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Not Time to Disengage [column]
Addis Fortune
The World Bank's fund for the poorest, the International Development Association (IDA), was created more than 50 years ago to meet an urgent need, to make sure the world's most... Read more »
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Information Drought [column]
Addis Fortune
I would always remember the meeting that I once had with a renowned car dealer in our fair city. Not that the guy was popular but his statement was as definitive as a summary of... Read more »
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Addis Fortune
Merkato, located at the centre of Addis Abeba, is the hub of a large chunk of Ethiopian, in-country business and trade activities, and is said to be one of the largest open markets... Read more »
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United Bank Picks Winning Design for 800 Million Br Headquarters
Addis Fortune
Eskender Woubetu & Partners Consulting Architects, came up with the winning design for United Bank's future headquarters, which the latter estimates will cost up to 800 million... Read more »
November 26
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Nile Dam Worries Sudan, Egypt [analysis]
AlertNet
Ethiopia has begun construction of a 6,000 megawatt (MW) hydroelectric dam on the Blue Nile river, a move that has been greeted enthusiastically by many Ethiopians but that is... Read more »
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125th Anniversary Celebrations of Addis Ababa Concluded
Government of Ethiopia
The celebration of the 125th anniversary of Addis Ababa that has been going over the past few months ended on Saturday (November 24th) in a ceremony held at the stadium in Addis... Read more »
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The Great Ethiopia Run Held for the 12th Time
Government of Ethiopia
The Great Ethiopian Run was held for the 12th time yesterday in Addis Ababa. 36,000 people participated including well known athletes from Kenya, Japan, the UK, Switzerland,... Read more »
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Cecafa - Dhaira Ruled Out of Tournament
New Vision
KAMPALA - Cranes first choice goalkeeper Abbey Dhaira could be out of the on-going CECAFA Tusker Cup for at least the rest of the group stage matches. Read more »
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Daily News
FIFTEEN African Countries are expected to hold a two-day Annual Conference in Arusha from Wednesday to discuss how best to solve Value Added Tax (VAT) technical and administrative... Read more »
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