Government increases salaries
By Tedla Desta
The Council of Ministers on Thursday, August
30, 2007 has decided that the salary of civil servants to be increased,
Minister of Finance and Economic Development, Sufian Ahmed said.
The decision includes the salary increment of government recruits
and pensioner’s allowance. “A study has been conducted
for the past months on the increment of salary for civil servants
with the perspective of macroeconomic stability, government’s
capacity and other various aspects. The Council of Ministers has
accepted the findings of the study”, he said.
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Billion birr steel, cement
factories underway
A determined entrepreneur’s
journey from small plastic factory to 20% industrial zone ownership
By Andualem Sisay
A modern fully computerized steel plant with a capital of 600
to 800 million birr and a half billion birr cement factory are being
undertaken by two joint venture companies of Ethiopian and Chinese
investors.
Already secured the plot for constructing the factory, the new steel
manufacturing company, Excel Steel plc is planning to start production
after two years. The factory will have the capacity of producing
2,000 to 3,000 tons of steel per day that will be used in different
forms as construction inputs. The capacity of any of the few steel
manufacturing companies in the country does not exceed 100 tons
per day.
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Dire TV to air on Channel 9 in Dire Dawa
By Tedla Desta
The Dire Dawa Provisional Administrative Council is to start its
own television named Dire TV, on Channel 9, the Administrative Council’s
Information and Public Relations Head, Misrak Worku told Capital.
“We have got a license from the Ethiopian Broadcasting Agency
to start Dire TV on our own Channel, that is Channel 9, which would
be the first regional TV to have its own channel in the country’s
history,” he said.
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