CBE, DBE ordered to expedite loans to industry 
High-powered committee takes over the reigns 

By Groum Abate

The Commercial  Bank of Ethiopia (CBE) and Development banks of Ethiopia (DBE) were ordered to facilitate loan to businesses in the industrial sector by a new high level committee organized to supervise and monitor government financial institutions, and reporting directly to the Prime Minister.

No enthusiasm for the 2005 election

By our staff reporter

Commenting on the forthcoming 2005 election, Kebour Ghenna, Head of Initiative Africa – The Institute on Governance and Innovative Leadership, an Addis Ababa based non-profit organization, said “with general election around the corner, voters do not show any enthusiasm

Chamber’s FM radio program forced off the air

VAT revenue approaches one billion birr

By Tamiru Geda & Groum Abate

Ethiopia Radio has suspended the half-hour radio program of the Addis Ababa Chamber of Commerce saying that it has transmitted a press release from the chamber, which the management of the radio said was intolerable.

Festus Mogae & Meles Zenawi focus on HIV/AIDS

By out staff reporter

Botswana and Ethiopia share a common tragedy that is devastating their populations. Botswana has one of the highest HIV/AIDS prevalence rates in the world - over 35 percent among its 1.6 million people.

ETC award recognizes 120 employees

By Groum Abate

The Ethiopian Telecommunication Corporation (ETC) has awarded 120 of its employees for their excellent performance yesterday in the premises of its headquarters.

Americans should learn about the real Ethiopia, Ambassador A. Brazeal

By Tamiru Geda

The last food crisis that hit Ethiopia has very much affected the attitude of international organizations that should actually be looking to the economic development of this country.

Court bars CETU from ELFORA lawsuit

By Tamiru Geda
 

On the issue of the Confederation of the Ethiopian Trade Union [CETU] representing the employees of ELFORA Agro Industry, the Federal Supreme Court has ruled against it.

Salini proposes to construct Gilgel Gibe II

By Groum Abate
 

Salini Construction has submitted a proposal to the Ethiopian Electric Power Corporation (EEPCo) to construct the second project of Gilgel Gibe, to be named Gilgel Gibe II.

SIDEP anti-shop lifting (theft) system introduced

By staff reporter

The number of retail stores in Addis Ababa is increasing by the day in Addis Ababa, selling goods of many varieties.

Fraud prevention delayed by ETC

By Groum Abate

The Ethiopian Telecommunication Corporation (ETC) is said to be very slow in installing fraud protection for its satellite dishes that receive and send international telephone signals.

‘Bridge of Prosperity’

Suspended bridges for rural communities

By Tamiru Geda

A study undertaken by the American Company, Bridge of Prosperity showed that in rural Ethiopia many people are isolated from one another sometimes for as long as three months during the rainy seasons...