November 20
-
Govt to Introduce New Customs Software
Addis Fortune
The Ethiopian Revenues & Customs Authority (ERCA) is to introduce a new software system for customs management that will replace the existing Automated System for Customs &... Read more »
-
United Bank Profits While Shareholders' Return Stays Same
Addis Fortune
Despite registering a 297.9 million Br profit after tax in 2011/12 fiscal year, the Earning per Share (EPS) of United Bank stayed the same, hovering at 52.8pc as the result of the... Read more »
-
Ex-CEO Employment Case Stalled
Addis Fortune
The Federal High Court appointed for the morning of December 17, 2012 to hear the statement of defense of Oromia Insurance Company (OIC) for the appeal filed by its former CEO,... Read more »
-
Despite Solid Standing, Dashen Bank Needs to Worry Over Declined Trends
Addis Fortune
Dashen Bank has thrived for yet another year after declaring record high profit after tax that also puts the bar high on its peers in the banking industry. Read more »
-
Logistics Company Comes to Ethiopia
Addis Fortune
The owners of Trade Path International, the logistics company responsible for handling 70pc of Ethiopia's flower exports, have opened a local SEKO office, as part of a strategic... Read more »
-
Construction Sector Hit With Crisis
Addis Fortune
Eight of the construction machineries out of the 70 at Woha Limat area in Akaki Kality District were not working last week. Read more »
-
SMEs Form New Growth Frontier [opinion]
Addis Fortune
The role of the development finance institutions is under debate. As the countries they serve increasingly become engines of global growth, with the capacity, resources and... Read more »
-
Govt Awards Multi-Million Construction Contracts
Addis Fortune
The Ministry of Industry (MoI) awarded a 633 million Br contract to a total of 13 domestic construction companies to develop part of the Bole Lemi Industrial Zone that covers... Read more »
-
Heavy Trucks Banned From Parking in City
Addis Fortune
The Dire Dawa Roads Authority has restricted parking of heavy trucks in the city since the last two weeks. The restriction was imposed mainly due to the overload of the heavy... Read more »
-
Kenya, Ethiopia Agree On Regional Security Cooperation
Government of Ethiopia
Kenya and Ethiopia stated on Monday (November 19th) that they would work closely together to promote peace and security in the region. The statements came at the technical meeting... Read more »
-
Little Sanitary - Guard On Addis Abeba Eateries
Addis Fortune
Sometimes restaurants, like the kind seen above on Ras Leoulseged street in Mexico, lock up toilets unless a customer specifically requests to use them. Read more »
-
The Blessing and Curses of Urbanisation [opinion]
Addis Fortune
Urbanisation and its incessant expansion have become both curses and blessings in many developing countries of the world, not least our fair nation. Read more »
-
The Youngest Bank Rivulets in Profit in Full Year Operation
Addis Fortune
In its first full year operation since its founding, Abay Bank has announced a net profit of 24.2 million Br. However, its annual report contains couple of unusual glitches in its... Read more »
-
Complaint Over Audit Report Keeps Zemen in Dispute
Addis Fortune
Two shareholders of Zemen Bank have complained to the management and board of directors about the inclusion of 100 million Br in paid up capital, that was declared void by a court... Read more »
-
NIB Insurance Increases Its Profit After Tax By Half
Addis Fortune
Faced with a new insurance landscape that came out over the past fiscal year, Nib Insurance Company (NIC) looks confidently into the future by increasing its net profit after tax... Read more »
-
Chamber Trade Fair Below Expectations
Addis Fortune
For people like Atsede Zemene, a mother of two, who usually goes to different exhibition and bazaars, the fifth Ethio-Chamber international trade, is a bit quiet compared to the... Read more »
-
Investing in Financial Sector Smart Move
Addis Fortune
Despite doomsday projections subsequent to government's decision, in May 2010, for private banks to spend 27pc of their loans and advances in buying mandatory bonds, the financial... Read more »
-
Fifth Ethio Chamber International Trade Fair
Addis Fortune
The Fifth Ethio Chamber International Trade Fair, which was held in Addis Abeba Exhibition Centre and Marketing Development Enterprise last week brought an opportunity not only for... Read more »
-
Are Political Outcomes Random? [opinion]
Addis Fortune
Africa has made very good progress in building institutions and in promoting democratic practices on the political front. However, there is some way to go in some countries where... Read more »
-
The Ultimate Telecom Solution - Liberalisation [opinion]
Addis Fortune
Today's Ethiopia has gone a long way in creating access for basic telecom services to its over 85 million population as compared to what has been there before two decades. Read more »
-
News in Brief Compiled Form November 12 - November 14, 2012.
Addis Fortune
HEALTH Read more »
-
Addis Fortune
A fire accident occurred around Flamingo Hotel on the route from Meskel Square to Bole burnt last week three houses in the area. Read more »
-
Unconstitutional AD Law Delivers Doomsday [opinion]
Addis Fortune
A dramatic change in the state of freedom of expression happened with the collapse of the Dergue. The government that replaced it exhibited, relatively speaking, a greater deal of... Read more »
-
City Transport Systems Crumbling [column]
Addis Fortune
One dimension of Addis Abeba seems to become increasingly similar with the Indian city of Mumbaiand the Nigerian city of Lagos, and it is the public transport system. The system... Read more »
-
Airlines Inaugurates New Cloud Nine Lounge
Addis Fortune
Ethiopian Airlines opens the first phase of its new business class or Cloud Nine lounge at its main hub, Addis Abeba Bole International Airport, with modern facilities and... Read more »
AllAfrica aggregates and indexes content from over 130 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
