Tuesday December 30, 2003

IIIrd phase of Ring Road changes course

Redirected not to inconvenience donor embassies

By Groum Abate

The design of the final leg, which is the third phase of the Addis Ababa Ring Road construction that stretches from Megenagna to General Wingate Technical and Vocational School, is going to be revised after a series of talks held between officials of City Government of Addis Ababa and concerned bodies that would be affected by the design of the road.

 

Council of Ministers dissolves Calub -Gas Sh. Co.

Minority Shareholders to petition in dismay

By Tamiru Geda

 In its recent meeting the Council of Ministers decided to dissolve Calub Gas Share Company originally incorporated to take part in the exploration of the natural gas fields in the Calub area, in Eastern Ethiopia.

 

Berhane Mewa blasts ETC

“ETC’s services are an embarrassment!”

By Tamiru Geda & Groum Abate

 In the speech delivered at a workshop on External Communication Culture and Image Building Strategy, the President of the Chamber of Commerce did not care to disguise his utter disgust at the telecommunication monopoly (ETC).

 

A cloud of fear reigns over FIRA employees

If found inefficient, they would be laid off,” FIRA official

By Tamiru Geda

 The recent reform program undertaken by the Federal Inland Revenue Authority (FIRA) has created some worries among employees who work in the Value Added Tax (VAT) division, large tax payers office, (LTO) at the Addis Ababa main branch and other departments located in the Mexico Square office.

 

Emerson sees bright future in Ethiopia

By Tamiru Geda

EMERSON Process Management, a Boston based American company sees bright business prospects in Ethiopia, despite the low usage of its products by manufacturers in order to compete in the modern business world.

 

New rules from Inland Revenue

By Tamiru Geda

 Ato Getachew Belay, Minister of Inland Revenue disclosed that his ministry is under a radical reform; to change the negative customer relation image it acquired.

 

Burayu Spring Water introduces “JuiceAddis”

By Tamiru Geda

 The bottler of AquAddis, Burayu Spring Water Plc, will commence distributing its new product line “JuiceAddis,” beginning tomorrow. Speaking to Capital Mr. Ryaz Shamji, General Manager of the company disclosed that the factory would introduce mango, lemon, pineapple and orange juices.

 

SIL to invest 1.5 billion USD in the mining industry

“At last we made it!” Mohammed Dirir

 

By Tamiru Geda

 Many people including government officials were fed up with the frequent interruptions in negotiations for the exploration of natural gas, in the last three decades.

 

100 years old German bridge turns into pedestrian walkway

By Groum Abate

 The Addis Ababa Roads Authority (AARA) is constructing a new substitute bridge near German Embassy with an estimated cost of over 10 million birr.

 

EAL suspends 35 employees for drug trafficking

By Groum Abate

 Ethiopian Airlines has suspended about 35 of its employees after the South African Customs Authority at Johannesburg Airport reportedly caught them smuggling Chat into South Africa.

 

EEPCo mired in confusion

Dismissed former officials reappear

By Groum Abate

 The Ethiopian Electric Power Corporation (EEPCo) has appointed recently reshuffled employees to different position in the corporation starting this week.

 

Addis trade fair opens today

Exhibition space rent costs 300,000 Br

By Groum Abate

The 5th Addis Trade for Development 2004 trade fair opens officially today at the Exhibition Center and Market Development Enterprise in the presence of officials from the City Government of Addis Ababa, the HIV/AIDS Prevention and Control Office and Dawn of Hope.