ZTE to grab 15% of
Ericsson’s mobile territory
Things will get
better before they get worse?
By Tamiru Geda
When ZTE, one of
China’s telecom giant came to Ethiopia a few years ago, the Ethiopian
Telecommunications Corporation was skeptical of its performance. |
Anti-Corruption Commission exposes millions of Birr in missing
property,
embezzlement at EEPCo
38 mln birr
obsolete material stored
By Tamiru Geda
Survey
conducted by the Federal Ethics and Anti Corruption Commission found
that the Ethiopian Electric and Power Corporation, EEPCo, has stocks
of obsolete materials it has never been able to sell or write off.
|
Council of ministers
considers fiber optics proposal by Chinese Company
“ETC’s services are
an embarrassment!”
By Groum
Abate
Council of
Ministers is discussing a proposal by a Chinese company to introduce
optical fiber lines for use in telecommunications throughout the
country.
|
Ezana
loses shares in salt industry
By Tamiru Geda
Recently
many so-called endowment companies that belong to the ruling party,
EPRDF, are believed not to be in a position to pay their debts or to
meet their obligation towards other business entities.
|
Environmental economics in relation to poverty alleviation to be
discussed
By Groum Abate
The Ethiopian
Development Research Institute is organizing an Environmental
Economics Policy Forum for Ethiopia to be held next Friday, January
9th at Ghion Hotel.
|
Djibouti Port introduces ISPS Code
Conducts seminar in
Addis to inform local customers, partners
By Groum Abate
In line
with the International Maritime Organization security standard, the
Port of Djibouti is to introduce a new International Security
Procedure Standard (ISPS) Code at the port.
|
Businesses worried about proposed FIRA powers of confiscation
Chamber excluded from process of proposed rules
By Tamiru Geda
The Addis
Ababa Chamber of Commerce, reflecting the mood of the business
community expressed its concern over the ever-increasing tax laws
aided by different enforcement mechanisms such as confiscation of
properties and foreclosure of the business entities.
|
Procurement Management
From the Chamber of
commerce
By Selome Kifle
The Addis
Ababa chamber of commerce has organizing a half-day training program
lasting seven consecutive days for the second time, starting December
29 and ending on January 6, 2003, at the Chamber all under the title
of “Purchasing & Procurement Management”.
|
Global
fund of USD 55mln to fight Malaria, TB, HIV
Avoid past
experiences of fund underutilization
By Groum Abate
The HIV/AIDS
Prevention and Control Office under the Prime Minister Office (HAPCO)
urged all institutions involved in the fight against HIV/AIDS to avoid
past experiences of fund underutilization and delayed reporting when
implementing the first 12 months of the two-year 55 million dollars
program.
|
8.7 mln
Br payout by EIC to foam factory
A fire that ragged
for 3 hrs
By Groum Abate
The
Ethiopian Insurance Corporation (EIC) paid out an 8.7 million birr
compensation for the loss that occurred due to an accidental fire that
broke out last July at the Addis Ababa Foam and Plastic Factory (AAFPF).
|
FM 97.1
backs out from tender offer
Decides to air own
Christmas programs
By Groum Abate
The state
owned FM 97.1 radio station has cancelled the tender it had put out
for the acquisition of airtime for the coming Ethiopian Christmas.
|
Kaldi’s
Coffee
Of dancing goats
and praying monks
By Groum Abate
A new Café named
Kaldi’s Coffee just opened its doors. It is named in honor of a
legendary shepherd Kaldi Aweke, who accidentally discovered the coffee
bean’s distinct characteristics.
|
EAL
delights orphans
With Christmas
gifts
By Groum Abate
Ethiopian
Airlines organized a Christmas party for children from six orphanages
in Addis Ababa. The airline spent almost 50,000 birr to organize the
event where it distributed clothing and footwear to each child as well
as refreshments. The kids were entertained with programs that simply
delighted them.
|
|
Tuesday
January 6, 2004
