Archive for the ‘Featured’ Category

Earth Day 2009 will be celebrated in Ethiopia for the first time in Ethiopia as the country scales up efforts towards the maintaining and conservation of the natural environment, the ministry of Agriculture and Rural Development (MoARD) said on Tuesday. The day to also mark the beginning of the Green Generation Campaign in the country is being ... Full story

The Commercial Bank of Ethiopia (CBE) awarded the project to acquire card based payment system to M2M Group, a Morocco based company. The contract agreement between the two was finally signed on March 20, 17 months after the tender was floated. Sources within CBE told Capital, the project that entails supply of the hardware and installation is ... Full story

Ethiopia launched on Sunday a multi million mobile telephone network to increase its mobile telephone subscribers to 12 million from the current 4.1 million. Ethiopian Telecommunication Corporation (ETC) said that a six million expansion work for the mobile telephone is being carried out in the first phase of the project. Ethiopia, home to 77 million people is still ... Full story

The National Bank of Ethiopia (NBE) is to issue a directive to control money laundering in view of restraining terrorist transactions. Sources told Capital that the new directive, scheduled to be issued shortly, is expected to block illegal money transfers. The central bank's legal office, that regulates and monitor financial institutions in the country, told ... Full story

Ethiopian born singer Wayna, whose real name is Wuyneab Wondwossen, was arrested at Houston airport for allegedly trying to get on a plane with a collapsible police baton that she uses while performing, the Associated Press reported. Houston police spokeswoman Jodi Silva said that Wondwossen was en route to Miami to attend the Winter Music conference when ... Full story

Ethiopia - Meles Zenawi sits down with Channel 4 News Ethiopian Prime Minister Meles Zenawi sat down with Channel 4 news for an interview. Jonathan Rugman interviewed Meles Zenawi, the Ethiopian prime minister and the only representative from Africa (outside the G20) to attend the summit. Ethiopia's Prime minister said President Obama being of African heritage understands ... Full story

Addisu Legesse former Minister of Agriculture and Rural Development (MoARD) was very ambitious in drafting the five year strategic plan for the agriculture sector – the economic backbone of the country. He was also optimistic about implementing it. However, during the last five years, the sector failed to hit the annual ... Full story

The East African Bottling Share Company (EABSC) restarted production of Coca-Cola on Tuesday night after importing crown corks from Kenya. A shortage of bottle tops forced the closure of EABSC's Addis factory almost two weeks ago. Officials told Planet that the factory started production of Coca-Cola with a 24 ... Full story

The Ethiopian Telecommunications Corporation (ETC) has launched a pilot for notifying post paid mobile phone subscribers of their bills through text messages. "This message is for testing purpose notifying postpaid customer's bill through SMS, your bill for Feb 2009 is Birr……Thank you. ETC," runs the first message the corporation sent on March 24. ETC has allocated ... Full story

"Teza", an Ethiopian film about the brutal Marxist regime of former president Mengistu Haile Mariam wins this year's top prize at Africa's film festival held in Ouagadougou, Burkina Faso. Directed by Ethiopian Born and current Howard University professor Haile Gerima, the film was the unanimous choice for this ... Full story