sraeli telecom companies
eager to operate in Ethiopia
Liberalization
still an issue
By Tamiru Geda
The recent visit
by the Deputy Prime Minister and Foreign Minister of Israeli Mr.
Silvan Shalom is widely seen as the strengthening of a bilateral
relationships between Ethiopia and Israel that have an inexorable
historical, religious links. |
Saudi Fund, Bank of Arab to finance Ethio-Sudan corridor
By Tamiru Geda
An
asphalted and standardized road between Azezo and Metema connecting
the north western part of the country to neighboring Sudan seems to be
an inevitable issue for the Ethiopian Road Authority [ERA],
responsible for the development of the road sector in the country.
|
Delivery of 4 RTGs expected
this summer
Djibouti Port
security chief discusses security measures
By Groum
Abate
In line
with the International Maritime Organization Security Standard, the
Port of Djibouti is installing the International Ships and Port
Facilities Security (ISPS) Code.
|
Anti -
Corruption Commission, Board discussing accusation of corrupt
practices at ETC
ETC employees
accuse Huawei, tender process
By Groum Abate
Some
employees of the Ethiopian Telecommunication Corporation (ETC)
reportedly submitted a letter of complaint to the Federal Ethics and
Anti-corruption Commission
|
Africa Insurance to install integrated information system
Selects Online
Systems House for computerization
By Tamiru Geda
Africa Insurance
Company selected Online Systems House PLC to install its integrated
insurance information system worth about 789, 401 birr. The project is
to be completed within the coming five months.
|
Chancellor to visit next week
By Groum Abate
The
Chancellor Gerhard Schroeder of German Democratic Republic is expected
to pay a two-day visit to Ethiopia on January 18 and 19 2004, said the
German ambassador to Ethiopia, Dr. Helga Graefin Strachwit.
|
Massive
reorganization at Agency for Rented Houses
By Groum Abate
Beginning next
week, the Agency for Rented Houses Administration is going to go
through massive management restructuring and is expected to reshuffle
many employees of the agency based on a study made by the Ethiopian
Management Institute.
|
Five
companies participate in the 2nd nationwide mobile tender
By Groum Abate
The
Ethiopian Telecommunication Corporation (ETC) has opened the tender
launched for the second phase of the expansion of the country’s
existing mobile system on Friday January 9 where five telecom
companies showed interest.
|
Investment Commission cuts bureaucratic paper shuffle to a minimum
Disappointed
investors return
By Tamiru Geda
It used to take 200
days or more to issue a business license from the Ethiopian Investment
Commission (EIC), which led people to categorize the authority as one
of the most bureaucratic, inefficient and hectic government offices in
the country.
|
Social
Security Authority challenges Council of Ministers
Approved pension
plan contradicts the law
By Tamiru Geda
The price
decline of coffee on the international market not only affected those
engaged in the plantation of coffee but also those engaged in the
export of coffee. Some 730 employees were laid off when the Ethiopian
Coffee Export Enterprise,
|
MOFED,
Calub Gas discuss liquidation
General
shareholders meeting postponed
By Tamiru Geda
Representatives
of the Ministry of Finance and Economic Development and Calub Gas Sh.
Co. met to discuss the legal and commercial aspects of the Calub Gas
share company, which is to be dissolved as decided by the Council of
Ministers.
|
Air
cargo service and the export industry
By Tamiru Geda
In the modern
business world buyers and sellers do not always see eye to eye.
Sometimes the demand of a particular item or service increases while
the supply might not be as attractive as expected.
|
ESL
introduces credit, discount facility
By Tamiru Geda
The Ethiopian
Shipping Lines Sh. Co. has introduced a credit discount facility for
its corporate customers that have good track record in the business
community. Customers with good performance record last year will be
eligible for the credit and discount facility this year.
|
Two
more AIB branches
Computerization
program well on the way
By our staff reporter
Awash
International Bank S.C. [AIB] has opened its 28th and 29th branches in
Bale-Robe town of the Oromia Regional State and in Kotebe area of
Addis Ababa this past December. The first private bank in the Ethiopia
continues to modernize and expand banking services to the public.
|
|
Tuesday
January 13, 2004
