Addis Fortune

By IndepthAfrica
In Djibouti
Jan 2nd, 2014
0 Comments
128 Views
My readers will note quickly that this piece is not focused on lamentations, it is not about praise, nor is it an epistle. It is rather about the predictability and authority of the National Bank of Ethiopia (NBE). Given my audience, let me first set the stage. As is true in almost all countries in [...
By IndepthAfrica
In Article
Aug 13th, 2013
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80 Views
By Girma Feyissa, Addis Fortune (Addis Ababa) The unusual tolerance beginning to be witnessed in the Ethiopian political arena seems to be convincing many people that there is a glimmer of hope in the development of accommodative political policies from the side of the ruling party. Skeptics warn tha...
By IndepthAfrica
In Article
Apr 8th, 2013
0 Comments
67 Views
By Binyam Mesfin, Addis Fortune opinion Since the 1994 opening of the financial sector, Ethiopian banks have enjoyed high profits and steady growth. Even government-owned banks, such as the Commercial Bank of Ethiopia (CBE), have managed to drag themselves out of the mess the Dergue era left them in,...
By IndepthAfrica
In Eritrea
Mar 25th, 2013
0 Comments
48 Views
Addis Fortune reports that several telcos, including ZTE, Techno Mobile and Security Innovation Network (SINET), have secured 25,000 sqm of land to establish incubation centres within ethio ICT, an ICT Park that is reported to represent a total financial outlay of five billion Birr (approximately $27...
By IndepthAfrica
In Article
Mar 11th, 2013
0 Comments
40 Views
By Tagel Getahun,Addis Fortune column No one can argue that a democratic environment existed in Addis Abeba before 2005. Yet, the city was burdened with the misjudgment of its political culture. Every outcome of this misjudgment, either negative or positive, was the result of the clash of democratic ...
By IndepthAfrica
In Article
Feb 26th, 2013
0 Comments
38 Views
By Getachew T. Alemu, Addis Fortune column Our fair city is hosting yet another round of elections. It will be for the purpose of selecting the party that will be responsible for overseeing its future. But, one should not make any further assumptions about the upcoming vote, for it falls short of pre...
By IndepthAfrica
In Article
Feb 25th, 2013
0 Comments
48 Views
By Zemelak Ayele, Addis Fortune opinion Preparations are being made for the 2013 nationwide local elections and the Addis Abeba City Council elections. The elections are expected to be held on April 7, 2013; the fifth local elections in the country since the EPRDF assumed power. The first local elect...
By IndepthAfrica
In Article
Feb 25th, 2013
0 Comments
59 Views
By Girma Feyissa, Addis Fortune Opinion The total area of pavements in this vibrant and rapidly expanding capital of ours is a little over 660sqkm. This is despite asphalted roads covering a total of 5,000sqkm, according to the Addis Abeba City Roads Authority (AACRA). For an estimated population of ...
By IndepthAfrica
In Article
Feb 19th, 2013
0 Comments
91 Views
By Nick Clegg, Addis Fortune column It is a pleasure to be in Ethiopia, home of the African Union (AU), in the year the United Kingdom (UK) chairs the G8. Indeed, 2012 was a big year for us, hosting the Olympics. Ethiopia celebrated with us, with Ethiopia’s women enjoying their greatest ever me...
By IndepthAfrica
In East Africa
Feb 4th, 2013
0 Comments
75 Views
A study conducted by the Federal Ethics and Anti-Corruption Commission of Ethiopia (FEACC) reveals that the amount of money paid for the compensation and relocation of residents reached 15pc of the projected cost of the projects due to corruption. The payment were for majour government projects under...