For the last few months, Internet connectitiy has been very poor. The fixed line broadband and CDMA users have both been having trouble getting the bandwidth they paid for, causing many owners of Internet Cafés a loss of revenue, writes HAILU TEKLEHAIMANOT and ADERAJEW ASFAW, FORTUNE STAFF WRITERS.
August 22, 2010 (ADDIS ABABA) – Ethiopian government said today that it will invest billions of dollars over the coming five years to enhance the road sector development program of the country.
Atekilt Terra, the biggest fruit and vegetable market in Addis Abeba, has two companies, Arada Vegetable Association and Bis Fruit & Vegetable Agro Industry SC, scrambling to be the first involved in its redevelopment.
The Privatisation and Public Enterprises Supervising Agency (PPESA) is auctioning Ethiopia Hotel again, from September, claiming that Bazeto Industry Trading Plc has failed to make the down payment on time.
A critical report on land use and transfer was released on June 14, 2010 by the special taskforce for the Addis Abeba City Administration. ZEKARIAS HADDUSH, FORTUNE STAFF WRITER spoke with Mekuria Haile, general manager of the Addis Abeba City Administration, and asked how the administration planned to solve the problems and challenges outlined in the report.
The private sector is to get access to the Prime Minister on a regular basis to address their concerns based on a memorandum of understanding (MoU) signed between the Ministry of Trade and Industry (MoTI) and the Ethiopian Chamber of Commerce and Sectoral Association (ECCSA) on Thursday, July 8, 2010.
The First International Short Film Festival in Addis Abeba will take flight tomorrow, June 14, 2010, featuring the frills of the red carpet; famous guests, including supermodel Liya Kebede; 100 films from festivals around the world; and a competition among 25 East African filmmakers, with first prize fetching a flight to France for film training.
The relocation of residents living in the area behind the Sheraton Addis Hotel has been postponed by two weeks amid their complaints of insufficient compensation from the Arada and Kirkos districts.