Monday July 21,2003

AAU to Award honorary degrees

 

By Tamiru Geda

Sheik Al-amoudi among awardees

The Addis Ababa University is to award honorable doctoral Degrees for certain influential personalities for contributions in the fields of investment, politics, good governance and diplomacy.
 

 

Ten million Birr limit set for land lease negotiation

By Groum Abate

The Land Administration Agency with the City Government of Addis Ababa is reconsidering its land issuance procedure by introducing limiting measures.

 

Satellite Mobile system to be available on subscription

ETC to serve customers round- the-clock

By Tamiru Geda

The Ethiopian Telecommunication Corporation is introducing a nationwide mobile service using satellite communication system as early as next month.

 

Road & Transport Authority under key investigation

By Tamiru Geda

The Road and Transport Authority of the City Government of Addis Ababa (CGAA) is under a major investigation for alleged corruption by its employees and its officials.

 

Bahir Dar Resort Hotel may be managed by ACCOR

 

By Yifredew Ayehu

The General Manager of Bahir Dar Tour and Travel Agency, Wondossen Lakew, disclosed that a French company by the name of Accor is negotiating with Bahir Dar

 

Court releases trucks, denies compensation claims

By Tamiru Geda

The Federal Supreme Court ordered the release of the 20 Volvo FH126x 4 Fuel trucks that were frozen following the legal dispute between Equatorial Business Group (EBG) and Nile International/Nile Transport Plc.

 

FIRA presents strategic plan for three years

Expects to collect 16 mill. Br. over the years

 

By Yifredaw Ayehu

In a three-day workshop organized to entertain views of stakeholders and disclose its strategic plan for the coming three years the Inland Revenue Authority put forward a 16,398 birr forecast collectable within the coming three years.

 

Courses in Strategic Planning offered to government officials

By Groum Abate

Top management officials of governmental institutions took courses on strategic planning for a period of nine days at the Management Institute of Ethiopia.

 

Barclays Capital Bank to finance Ethiopian
By Groum Abate

Ethiopian Airlines has signed an agreement with Barclays Capital Bank, investment banking division of Barclays Bank PLC

 

NBE to amend directive on Forex transactions

By Tamiru Geda

The National bank of Ethiopia is to amend the directive on Forex and credit card transactions.
An earlier proposal by the NBE
...

 

ADF grants $49.27 mln for Ethiopia’s RFISP

 

The Board of Directors of the African Development Fund (ADF) has approved a loan of 27.17 million Units of Account (UA)

 

Coca Cola Re-Launches Schweppes Tonic
 

By Yifredew Ayehu

The Coca Cola Company yesterday announced the re-launching of Schweppes Tonic in the Ethiopian market.

 

Private colleges account for 27% of Higher Institution enrollment

By Groum Abate

A review of the achievements in higher institutions for the last five years revealed that 27% the higher education enrollment has been recorded by private higher institutions.

 

Customs moves to new location in Kaliti
 

By Tamiru Geda

The Addis Ababa Lagar customs office is due to handle import and export services from its new location in Kalti in Comets building. Starting from July 8, the Lagahar customs office will only deal with clearing of goods already in storage.

 

Agar micro Finance set up

By Yifredew Ayehu

Agar Micro Finance, with a vision to provide financial services to borrowers who cannot use regular banking services, was established yesterday with 36,262 shares and 422 shareholders.
In the first meeting of the founding shareholders,

 

First Photographic image bank to be launched

By Tamiru Geda

Light of Eda Plc. is said to launch the first Image Bank in Ethiopia in the coming months. The image bank to be launched in the coming months will collect photographs by professional and other photographers who maybe interested in offering their work for local or international consumption.

 

Yemeni president arrives here today
 

By Tamiru Geda

The president of Yemen, Mr. Ali Abdullah Saleh arrives and pays a three days official visit in Ethiopia, as of today.

 

Police shuts down five nightclubs after a midnight raid

Two hundred arrested

By Yifredew Ayehu

On July 12, 2003 the Addis Ababa Police commission closed five nightclubs and arrested 200 people. The owners of the nightclubs have been accused of illegal behavior that contributes to the transmission of HIV/AIDS in Addis Ababa.

 
 

Ireland pledges more fund to global AIDS fund

By Our Staff Reporter

Ireland’s Minister of state with responsibility for Overseas Development and Human Rights Mr. Tom Kitt has pledged a further contribution of 7.1 Euro

 
 

Unity’s first degree graduates to join the workforce

By Yifredew Ayehu

Unity University College yesterday graduated its first-degree students in a ceremony held at the Global hotel.

 
 

July 19 proposed for Arbour Day in Ethiopia

Awaits Decision by government

By Groum Abate

Forum for Environment has officially asked the Ethiopian government for July 19 to be celebrated as national Arbour Day, marked around the globe following the footsteps of its originator. J. Sterling Morton.

 

Small to medium businesses get training to boost capacity

 By Tamiru Geda

A Malaysian expert on a visit to train Ethiopian businessmen commented that Ethiopia could benefit from Agro Industry if it uses its resources properly. In an interview with Capital,

 

Factory retrieves fire loss from insurance

By Yifredew Ayehu

The Ethiopian Insurance Corporation is to pay some 26 million Birr for the replacement to damages sustained by the Addis Ababa Foam and Plastic Factory, which burned down on July 5,2003 for unknown reasons.