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LOCAL, GERMAN FIRMS DISPUTE DELAYS CBE HQ PROJECT

February 16, 2011 admin 0

A dispute between Universal Consult, a local consultancy firm, and HENN Architecten, a German company, which won the bid for designing the headquarters of the Commercial Bank of Ethiopia (CBE) as partners, has led the project to lag one year behind schedule, bank president Bekalu Zeleke told The Reporter.

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Rising cement price baffles builders

February 16, 2011 admin 0

According to experts the price increment is because of a gap in the market between supply and demand, which would make sense since that is the usual reason that cement prices go up.

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Dire is booming but landmark get the axe

February 14, 2011 admin 0

The Dire Dawa City Administration (DDCA) plans to bulldoze a historical and popular part of Dire Dawa known as Kezira located in the central part of the city, 525km east of Addis Ababa, to revitalize the area.

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Action Needed to Curb Harmful Use of Alcohol

February 12, 2011 admin 0

The harmful consumption of alcohol kills an estimated 2.5 million people across the world every year, the United Nations World Health Organization (WHO) said in a report unveiled today, urging governments to implement measures to prevent drinking habits that damage health and cause other social problems.

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Ethio Telecom takes shape

January 28, 2011 admin 1

The management takeover of France Telecom which follows the evolution of Ethiopian Telecommunications Corporation has put ten foreigners at the helm of the new corporate Ethio Telecom, leaving five top jobs to Ethiopian nationals.

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Ethiopian Government employees to enjoy a minimum of 35% pay raise

January 26, 2011 admin 3

Ethiopian Civil Service Minister Junedin Sado announced percentages of the salary adjustment that will be effected as of this month. Government employees will enjoy a minimum of 35 percent pay raise as of this Ethiopian month (after 12 days) and the maximum is set to be 39 percent, Minister Junedin told journalists in a press conference he gave late Today January 26, 2011.

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Zoning Taxi in Addis Ababa

January 19, 2011 admin 0

The Addis Ababa Transport Branch Office of the Federal Transport Authority announced that the city’s taxi zoning system will be implemented in the near future.

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Price Freeze Uncertainty Plunges Market in Chaos

January 18, 2011 admin 0

The government’s move just before the Ethiopian Christmas to freeze the prices of certain commodities has created chaos in the market as consumers and traders are confused about where in the chain the set prices apply.