Capital

Agency to construct apartments

By Groum Abate

The Agency for Government Houses is going to construct apartments on its properties that have large compounds.
Sources told Capital that the agency has been contemplating to build apartments in its properties for the efficient use of the plots it owns.
Last year, the board of the agency rejected a strategic plan presented to it by the management to sell its existing villas and a plan to construct houses for sale to the public.
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Revenue Ministry re-forms to authority

By Tagu Zergaw and Tedla Yeneakal

One of the Federal government’s twenty ministries, the Ministry of Revenue (MoR), is set to dissolve to an authority body, a suggestion forwarded and approved by the Council of Ministers after a Business Processes Reengineering (BPR) had been in effect at the Ministry for the last two years, reliable sources disclosed.
About 600 employees of the Ministry have been taking a civil service training program for the past month, finishing their training this week with the remaining employees to continue their classes shortly.

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Transport SC heads for liquidation

By Tagu Zergaw

Hiwot Transport and Technical Services SC (HTTS), established in 1997 with 98% of shares owned by the Ethiopian Red Cross Society (ERCS), is under inventory and odds on that it is going to be put out for sale. Its employees claim that HTTS is not bankrupt and they are striving to save it.
A source within the company told Capital that a committee for liquidation is formed and that most of the procedures lack transparency.
HTTS has 118 employees and owns 20 heavy duty trucks. It also provides vehicle maintenance service for clients. Currently all the trucks have stooped work and are parked in its premises for almost a month now.

Gypsum to be mined in Somali region

By Muluken Yewondwossen

The Ministry of Mines and Energy has signed an agreement on March 25, 2008 with National Cement SC to mine gypsum on a small scale, in Somali region’s Ayesha zone, Dewelle area and to mine pumice in large scale in Amhara region at Minjar Shenkora woreda, around Amora Bete.
The licensee has exclusive rights for large scale pumice mining within the license area for the coming twenty years, to be renewed for ten years upon the request of the licensee. For small scale gypsum mining the licensee has exclusive rights within for the next ten years, also to be renewed for five years upon the request of the licensee.

Local News

NBE again rejects Zemen Bank

ESL raises salaries by up to 45 percent

Licenses of black market suspects revoked

At last, the two anti-poverty campaigners freed

Art & Culture

East Africa and Greater horn

Portraying spiritual and everyday activities

Gobedra


Interview

Always the optimist

Ethiopia and the United States of America have an official relationship spanning nearly a century. They have enjoyed many decades of mutually beneficial bilateral relations, as well as some rocky terrain. During the latter years of the Cold War, Ethiopia and the U.S. were implacable foes until Marxism-Leninism came crashing down around the world and a certain wall was demolished. In Ethiopia, a once Marxist inclined rebel front, marched into Addis Ababa, dismantled a brutal military regime and quickly abandoned dialectical materialism for free market capitalism.
Ethio-U.S. relations, sorely tested for over seventeen years, were re-invigorated and since 1991, have grown in both depth and scope. To better gauge the current state of Ethio-U.S. relations:

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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.

		Historical reflections 1885 – 1896:
		The 112 anniversary of the victory of Adwa was celebrated at the very location of the historic battle which laid to rest for 40 years, European designs on Ethiopia. In this week’s Corner, Professor Pankhurst reminds us pointedly that not all so called friends of the era were trustworthy allies.
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Prisoners, fugitives of prostitution

Senait Temesgen, 18, born in Shashemene, came to Addis Ababa four years ago because she had nothing to depend on when her parents passed away. After two years of sex work she finds out that she has the interest to be a bicyclist and against all odds she attempts to own a bicycle and a club to manage her.