opposition MPs demand balance in defense and development projects

(Desalegn Sisay, Afiric.com) Ethiopian Council of Ministers has proposed a macro economic and fiscal package to help shoulder the huge budget of the country’s defense sector for the next three years. The policy package drafted in March 2009, by Ministry of Finance and Economic Development (MoFED) was sent to the federal parliament two weeks ago […]

ESL Cut Fares by 10pc to 30pc per CTR

(By Tamrat G. Giorgis, Addis Fortune ) The national flag carrier, the Ethiopian Shipping Lines (ESL), has introduced a substantial discount on the price of containers it brings to the country, senior sources in the company disclosed. The announcement of the revision on fares was made at the Hilton two weeks ago, during a reception […]

Mekele University to increase enrollment capacity to 30,000 in five years

(ENA) Mekele University in Tigray State announced plans to increase its enrollment capacity to 30,000 in five years time. University President Prof. Mitiku Haile told ENA that the university is implementing a 20 year plan to enhance education quality . The president said the plan which focuses on education quality and problem-solving research works is […]

Ethiopia: Government must reveal fate of political prisoners

AMNESTY INTERNATIONAL(PRESS RELEASE-5 May 2009) Amnesty International today called on the Ethiopian government to immediately disclose the names and fate of more than 35 people believed to be held by its security forces on political grounds since 24 April. Additional arrests have reportedly been carried out over the past several days and sources in the […]

Government admits measures to fight inflation were not as effective as planned

(By Kirubel Tadesse and Yohannes Anberbir- Capital)Though the latest inflation figures from the Central Statistical Agency (CSA) are encouraging, the Government admits that its efforts to reduce the rate of inflation has not been as effective as it hoped.In the latest CSA report, both the general and food inflation rates showed a decline for the […]

MELES: Starvation in the country is in danger of collapse Ethiopia PM warns anti-hunger effort at riskEthiopia’s prime minister Meles Zenawi has warned that a British-backed effort to stave off starvation in the country is in danger of collapse without a dramatic increase in international aid.(Read More) Russia captures Somalia pirates Bill Morem: Ethiopian woman […]

መንግሥት የአንዳርጋቸውን እንጂ የብርሃኑን አባት አላሰርኩም አለ- ሰዎች እየታሰሩ ነውየመንግሥት ኮሙኒኬሽን ፅህፈት ሚኒስትር ዴኤታ አቶ ኤርሚያስ ለገሠ የግንቦት 7 አመራር የሆኑትን የአቶ አንዳርጋቸው ፅጌ አባት በቁጥጥር ስር መዋላቸውን የገለጹ ሲሆን ጄኔራል ተረፈ ማሞን ጨምሮ በርካታ የመካለከያ ሠራዊት አባላት መፈንቀለ መንግሥት አስባችኋል በሚል እየታሰሩ መሆኑን ሪፖርተር በዛሬው እትሙ አስታውቋል።የዶ/ክተር ብርሃኑ ነጋን አባት አለማሰሩን ገልጿል። (ሙሉውን ዘገባ […]

National bank to further depreciate birr

(By Groum Abate- capital)After a long debate, the National Bank of Ethiopia (NBE) is poised to further depreciate the value of the birr against the dollar in the coming few weeks.The value of the birr Aagainst the dollar has dropped significantly in the last couple of months, after gradually losing ground over the past decade. […]

Some 35 individuals suspected of mutinous activities brought before court-ENA LEGEND’S FAREWELL Ethiopia Gives Icon State Funeral As Nation Mourns (Addis Fortune) Mixed emotions were evident in many people on the death of the music giant, Tilahun. Sadness ripped their hearts, but perhaps another feeling was joy of the legacy that the man has left […]

Some 35 individuals suspected of mutinous activities brought before court-ENA Ethiopia Mourns Treasured Singer at State Funeral-VOA Ethiopian growing profitably from Addis Ababa; new Q400s due in 2010