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  Click here for Last Week's Issue Updated June 18, 2007


Would-be attendants of United Insurance board meeting turn back after session is aborted when minimum quorum was not achieved, on June 16,2007

United Bank elect new board members
‘New directive won’t make much of a difference’, critics

By Andualem Sisay

The United Bank has elected four board members, on Thursday June 14, 2007 at a General Assembly that took place at the Hilton Hotel.
Eyesuswork Zafu, Omedad plc, Ayele Belachew and Getachew Ayele have been elected according to the new directive of the National Bank of Ethiopia. According to this directive if a person serves as a board member for six consecutive years, he/she has to wait another six years to be board member again, but however can be elected if one third of the previous board members vote for them.

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Agency to build residential apartments

By Groum Abate

TheRented Houses Agency has decided to build residential apartments that are going to be rented out to the public.
According to the nine month performance report of the agency to the House of People’s Representatives, the agency decided to demolish small houses that are located in the Agency’s land and planns to build residential apartments.
The government has in its long-term plans to move out of the rental business step by step, until it sells the entire property of the agency in the long run.

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Ishac Diwan makes way for Kenichi Ohashi

By Groum Abate

The World Bank has appointed Kenichi Ohashi as its new country director for Ethiopia and Sudan.
Kenichi Ohashi will succeed Ishac Diwan, who had been serving in the position since 1997.
According to the WB, Kenichi served the World Bank as a Country director for Nepal and would be replaced by Susan Goldmark on July 1st 2007.

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Djibouti


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Djibouti 30 years of independence

The Republic of Djibouti celebrates thirty years of independence on June 27th 2007. This is one of the smallest nations in Africa but has a big heart not only in terms of its domestic peace but also in regard to its near perfect foreign relations.
It is perhaps Ethiopia’s most important neighbor and culturally–woven out of the same cloth, so to speak.

H.E. Ambassador Ibrahim Mohamed Kamil, a career diplomat, has been representing his country in Ethiopia since 2001. He was kind enough to give CAPITAL’s Teguest Yilma an exclusive interview in connection with the 30th anniversary of Djibouti’s independence.


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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.

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Saving Addis Ababa’s Historic Buildings - and Westminster Abbey's Holding of Ethiopian Loot

 

In my last article in Capital, dear reader, I drew attention to the sad case of Qanyazmach Belihu Degefu's old house, situated in the northern section of Addis Ababa. Part of Qanyazmach's historic building, we saw, has been allowed to collapse.

This issue deserves further comment - before I share with you the no less remarkable information just received from Westminster Abbey, England,

 

 
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Social mobilization against sanctioned violence against girls and women

“Democracy and the Social Question“: The sixth lecture in this academic year was given by Bogalech Gebre, Director of Kembata Women’s Self-Help Centre, an NGO working in the south of Ethiopia. The lecture took place on Tuesday, 27 March, in Goethe-Institute Gebrekristos Desta Centre.

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