Home
Local News
Business & Economy
Business & the Law
Art & Culture
Interview
In Brief
Editorial
Feature
Perspective
Society
Comment
Focus
Environment
Sport
About us
Archives
 




 
 
  Click here for Last Week's Issue Updated February 18, 2008

NBE gold scam unfolds

By Groum Abate

A staggering 60 million birr worth of notes in different currencies has been found in the house of one of the suspects in the recently uncovered national bank and gold scam following a police search, sources told Capital.
The suspect is said to have fled the country and his spouse was taken into custody.
The scandal hit the country’s financial institutions governing body after traders cheated the National Bank of Ethiopia out of over 250 million birr with fake gold bricks.

MORE

 

 

City bus fares soar

By Tewodros Kebkab

The management of Anbessa City Bus Enterprise has announced that it has implemented a tariff adjustment as of this month that enables it to raise the current fare on buses.
Public relations department head, Shewarega Sahele, told Capital that the Enterprise has raised the tariff for long distances by 0.03 birr per km while the fares for rides under 12.4 km will remain as is.

MORE

FIRA underscores taxable income

By Groum Abate

The Federal Inland Revenue Authority has announced that employers, governmental and non governmental, should ensure that whatever allowances they pay to their employees, including bonus and house rent allowance, is added to their salaries while computing the income tax.
The authority has notified employers to implement the regulation as of February 9 in the Amharic daily Addis Zemen.

MORE

UNMEE starts troop withdrawal from Eritrean border

By Our Staff Reporter

The United Nations Mission in Ethiopia and Eritrea (UNMEE) has begun temporary relocating personnel and equipment from Eritrea to sites on the Ethiopian side of the border because of fuel restrictions imposed by the Government in Asmara, Secretary-General Ban Ki-moon announced on Thursday February 14.
Mr. Ban said in a statement that he “regrets that the relocation has become necessary despite the letter he addressed to President Isaias Afwerki of Eritrea on 21 January seeking his urgent intervention to resolve the situation.”

MORE

 

   
Local News
 
 
Art & Culture
 
MORE
 
 
Interview
 

Launching National Nutrition Strategy
Realities and Expectations

Recently Ethiopia launched a first-ever National Nutrition Strategy (NNS) bringing together concerned bodies including ministerial offices, in a coordinated channel under the leadership of the Ministry of Health.
State officials, observers and local and international experts regard the Ethiopian National Nutrition Strategy as unique among its kind in it’s over all vision. For some, this strategy could be seen as exemplary not only for African nations but also internationally, for all countries that still have generations suffering from food insecurity and malnutrition.

Click here

Lucy’s Legacy: The Hidden Treasures of Ethiopia

On November 24, 1974 after a long hot morning of surveying for fossils, Donald Johanson and Tom Gray made the discovery of a lifetime. Searching in a maze of ravines at Hadar in northern Ethiopia, Johanson spotted a tiny fragment of arm bone on the ground that he quickly identified as a hominid – an ancestral member of the family of humans. Looking up the slope, he saw a skull bone, then a femur, some ribs, a pelvis and the lower jaw.

Click here

 

 
   



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.

lineMORE

 

Ethiopia's Historic Heritage and the Struggle for its Preservation

 
The distinctive centrality of Ethiopia and of the Great African Rift Valley as the cradle of mankind and early history is perhaps the most enthralling of subjects. Unfortunately, despite hosting the many unique sites, preservation has not been adequate and enforced in Ethiopia. This week’s Pankhurst’s Corner discuses the urgent need for museums and the scientific preservation of the legacies of antiquity.
 
  line Click Here
 

Going back to the roots and
traditional values

By Abiy Demilew

‘Democracy and the Social Question III’ is a lecture series organized by the Goethe Institute in collaboration with Frederick Ebert Foundation and the Addis Ababa University.
The latest lecture “Tradition of elders in peace making” delivered on January 22nd 2008 by eminent scholar and peacemaker, Professor Ephraim Yishak, featured last week and concludes today.

lineMore