Capital

Oromia International Bank established

By Muluken Yewondwossen

Oromia International Bank’s founding general assembly has been held on December 29, 2007 at Hilton Hotel with over 2000 attending. The bank will open its first branch in April 2008.
Oromia International Bank is to engage in commercial banking and to extend banking services in both rural and urban areas. Currently the bank has more than four thousand registered shareholders.

Border skirmish raises tensions between Ethiopia and Eritrea, Eritrea accuses Ethiopia of provocation

By Abiy Demilew

Tensions are rising after Wednesday’s shoot out at Tsorena, inside the Temporary Security Zone, in which Eritrea accused Ethiopia of provocation.
The Ethiopian Foreign Ministry, calling the Eritrean accusation a fabrication, reassured that Ethiopia doesn’t have any reason to provoke a conflict.

MOE revises certification rules

By Kirubel Tadesse

The Ministry of Education (MOE) has issued a new directive stating four major qualifications graduates of Technical and Vocational Education and Training Institutions (10+3 TEVT or diploma) should meet in order to join degree programs.
According to the new directive MOE distributed to stakeholders including governmental and non governmental university presidents and regional vice presidents on Friday December 28, 2007, graduates of 10+3 programs first should have completed grade 10 in the current or 12 in the previous education policy.

Local News

NBE gold scandal brewing

Amhara Credit & Savings Institution: among Africa’s largest microfinancers

Addis senses high season fever

EPA considering Sale of the Tantalum mine

Art & Culture

Federal Somalia

Diary of the king

Hanny isn't like honey


Interview

AN amazing life

Every cloud has a silver lining. This saying applies to the life of Yezina Mekonnen an amazing woman in the Amhara Region who overcame difficult odds to eventually become a model citizen and an inspiration to others. Capital’s Addis Mulugeta traveled to Lalibela and met this hardworking woman.

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Entreprenuer Profile is Capital’s youngest page and is already eliciting warm reviews. We have received dozens of e-mails, scores of letters and a clamor of phone calls of appreciation, suggestions and ideas which will all contribute for a better Entrepreneur Profile strengthened by your continued participation.

		Historical Notes on Books 5
		The 18th century Scottish "explorer" James Bruce, who lived in Ethiopia from 1769 to1774, was one of the great European travellers to Ethiopia. His famous five-volume work Travels to Discover the Source of the Nile - in which he explains his greatness and proudly quotes his allegedly important conversations with Ethiopian kings, queens and other historic figures - was first published in 1790
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Roman times economic thought was found hidden in the laws, customs and institution of that society. Later the economic thought in the strictest sense of the term first emerged but surpassing this fact economics has inscribed abrupt disciplinary expansion and attained a quantum leap in world history. In the last three decades economics and law have become the most closely married disciplines, explains Peter Newman, in "The new pal grave encyclopedia of economy and the law."