 |
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. |
 |
|