Addis Ababa City Administration demolishes Houses in Yeka Sub City

Addis Ababa City Administration demolishes Houses in Yeka Sub City
September 7, 2010
Addis News

The Addis Ababa City Administration’s, Yeka Sub City, has demolished 57 residential houses that are “illegally” constructed after and during the 2005 national election. The tenants who left their houses last Monday told Capital that some of the tenants have started to live in temporary plastic houses around the demolished area.

Emperor Haile Sellassie grandson to develop Ghion Hotel

Emperor Haile Sellassie grandson to develop Ghion Hotel
September 7, 2010
Addis News

Prince Aklile Berhan Mekonnen entered a deal with PPEPSA to renovate one of the oldest hotels in Ethiopia with an investment of 512 million dollar to upgrade it to a five star hotel. The investor will own 80 percent of the shares, while the rest will be government-owned.

Court Adjourns Akallukan Criminal Case for Verdict

Court Adjourns Akallukan Criminal Case for Verdict
September 6, 2010
Addis News

The Federal High Court heard seven defence witnesses in the Askallukan Trading Plc criminal suit, involving Menna Terefe, the first defendant and general manager of the company, and three others, before adjourning the case for verdict pronouncing to October 19, 2010.

Changing fear into dreams

Changing fear into dreams
September 2, 2010
Lifestyle

At age 7 Maheder Kebede lost her father and was raised by mom. Thinking about the future of the street kids that she walked by on her way to school made her relise that she might one day loose her mom too and become one of them. At age 9 she was able to change that fear into a dream. She decided to help less fortunate kids.

Duking It out with Dancing

Duking It out with Dancing
August 31, 2010
Addis Nightlife

The singing of traditional songs, making jocular rhymes, and, especially, dancing epitomises a good night out, and they are all to be found at Duka, an azmari bet in Kasanchis, writes MIREILLE DE VILLIERS, SPECIAL TO FORTUNE.

Besso Comes to Town

Besso Comes to Town
August 29, 2010
Lifestyle

At a busy taxi stop, one man has gotten creative with an immobile minibus; serving Besso, the traditional ground barley shake to peckish people in transit, looking for a quick and filling drink in-between taxis, writes MIREILLE DE VILLIERS

Art Showing Creatives of Addis

Art Showing Creatives of Addis
August 24, 2010
Addis News

The third annual Art of Ethiopia exhibition at the Sheraton Addis opened on Saturday, August 21, 2010, with 40 established and aspiring artists displaying 400 artworks, writes MIREILLE DE VILLIERS, SPECIAL TO FORTUNE.

Connectivity Malaise

Connectivity Malaise
August 24, 2010
Addis News

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.

Ethiopia to build 82,500-km road network

Ethiopia to build 82,500-km road network
August 23, 2010
Addis News

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.

Two Agro Firms Vie for Atekilt Terra Land

Two Agro Firms Vie for Atekilt Terra Land
August 16, 2010
Addis News

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.