No Picture

Africa most desired among young travellers

October 14, 2010 admin 0

Young people are trendsetters, and new research shows that Africa has become the most desired travel destination for Western youths. The trend bodes well for Africa’s booming travel industry.

No Picture

Local Designs Draw Fashionistas to Platform

September 28, 2010 admin 2

Ethiopia’s First International Fashion Week was successfully hosted in Addis Abeba last week to unite big industry players from across Africa in a bid to bring about sustainable development through fashion, writes MIREILLE DE VILLIERS, SPECIAL TO FORTUNE.

No Picture

Meskel Celebrated in a lively way

September 27, 2010 admin 0

The followers of the Ethiopian Orthodox Church lit a big bone fire (Demera) in commemoration of the Finding of the True Cross by Empress Eleni yesterday at the Meskel Square in Addis Ababa.

No Picture

Bethlehem Tilahun to speak at the Clinton Global Initiative meeting

September 10, 2010 admin 0

Bethlehem Tilahun Alemu becomes the first African entrepreneur to be invited in this yearly event. She will join with other top attendees like US First Lady Michelle Obama, US Secretary of State Hilary Clinton, Sinn Féin President Gerry Adams, former Heads of State, CEOs, philanthropists, leaders of NGOs, academicians and prominent members of the media.

No Picture

Addis Ababa City Administration demolishes Houses in Yeka Sub City

September 7, 2010 admin 0

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.

No Picture

Emperor Haile Sellassie grandson to develop Ghion Hotel

September 7, 2010 admin 2

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.

No Picture

Court Adjourns Akallukan Criminal Case for Verdict

September 6, 2010 admin 0

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.