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Ethiopia to build 82,500-km road network

August 23, 2010 admin 1

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.

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Two Agro Firms Vie for Atekilt Terra Land

August 16, 2010 admin 0

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.

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Ethiopia Hotel Back on Auction Floor

August 16, 2010 admin 0

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.

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Disgruntled Many Sue Askallukan

July 22, 2010 admin 0

Multiple civil suits were filed against Askallukan Trading Plc, its vice manager, Girmay Gebremichael, and his wife, Menna Terefe, who was also the general manager […]

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Digging Deep into Land Issues with Addis Abeba’s General Manager

July 14, 2010 admin 1

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.

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Private Sector to Get Regular Meetings with PM

July 13, 2010 admin 1

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.

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First Int’l Film Festival to Further Local Industry

July 13, 2010 admin 0

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.

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Residents Complain about Compensation

July 13, 2010 admin 0

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.