Tentative steps to banking
globalization ?
By Andualem Sisay and Kirubel Tadesse
Looking at their faces, one can easily understand
that most of the local bank presidents who were attending a workshop
entitled, ‘The Banking Sectors role in enhancing Cooperation
between Germany and Ethiopia’, organized by Commerzbank,
were rather depressed. They must have been thinking about their
degree of competitiveness against such internationally renowned
banks as the country prepares itself for accession to the World
Trade Organization (WTO).
|
|
| |
Dutch investor
plans five-star hotel, real-estate development
By Andualem Sisay
Absorbed by the current investment climate and opportunities in
Ethiopia, a Dutch national is to invest over 40 mln USD on a five
star hotel and real-estate ventures in Addis Ababa.
Mr. Cvan Hal and his Ethiopian wife, Mrs. Genet Abebe, have decided
to live in Ethiopia after concluding their 18 year business in the
Netherlands. They have now secured 50,000 square meters in Bole
area for real-estate purposes and are expecting 4-5,000 square meters
of land in the same area for the five-star hotel they plan to build.
 MORE
Parliament to elect new president tomorrow
By Our Staff Reporter
 The
term of Ethiopian President Girma Wolde Giorgis will end when a
new presidential election is held tomorrow, October 8, 2007, in
the House of Peoples’ Representatives.
According to Ambassador Teshome Toga, Spokesperson of the House
of Peoples’ Representatives, who briefed journalists yesterday,
the election of the new president will take place at a joint session
of both the House of Peoples Representatives and the House of Federation.
|
|
| |
|
|
