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Awash valley attracts 900 mln br investment
By Muluken Yewondwossen
A Dutch company, Africa Juice is under negotiations with the Privatization and Public Enterprises Agency (PPESA) to invest 900 million birr to produce passion fruit juice under a joint venture with the Agency, in the Upper Awash Valley.
Africa Juice will own 80% of the production site on 1200 hectares at Merti farm in Upper Awash, 146 km from Addis Ababa. The company also plans to collect additional fruit from farmers near the factory, projecting their plantation area to be 500 hectares. Drip irrigation and seed will be provided to the farmers for free.
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Finally, House approves long debated Press Law;
Panel calls for
re-consideration
By Abiy Demilew
The Ethiopian Parliament on Tuesday, July 1, 2008, has approved the new press law which has been debated for more than four years. Meanwhile, a panel organized by Horn of Africa Press Institute, on Wednesday, July 2, 2008, called on the government to revise and reconsider the new law.
The panel, discussing various proclamations of the law, underscored that, even though the law embraces positive developments of its own, but it also sets restrictive proclamations against freedom of information and the future of media in the nation.
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Fuel rationing begins in Jimma town
By Tedla Yeneakal
The south western town of Jimma, some 340kms from Addis Ababa, has been forced to implement a fuel rationing system to cope with major a fuel shortage over the past weeks; effective as of Monday, June 30, 2008.
According to official sources, taxis have been given a ration of 20 liters a week. Serious transportation problems have occurred in the town.
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