Print Version Vol 13 No 684 PDF

Volume 14 No.
684, SUNDAY, June 9, 2013
Content Matters
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CITY
Districts 3.43b Br
f i v e ( 5 ) b i r r o n ly
Recurrent Budget 5.12b Br
Addis Ababa City RoadsAuthority 3.75b Br
Other 74 Sectors 9.6b Br
Capital Budget 13.15b Br
Addis Abeba Water & Sewerage Authority 2.02b Br
Housing Development Project Office 1.16b Br
Contingency Budget 1.77b Br
20,000,000,000 BR
25 20 In Billions of Birr 16b Br 15 11.8b Br 10 5 0 5.2b Br 9.4b Br
Illustration developed by Fortune
Addis Abeba Budget Evolution

20b Br
6.9b Br
s Mayor of Addis Abeba, this week will be Kuma Demekesas last time to hear budget proposals and defences from sectoral institutions and districts under his administration. The 20 billion Br preliminary budget approved by the cabinet was apportioned to the 77 sectoral institutions and ten districts in Addis Abeba as a budget ceiling. When these institutions come this week, they must bring in a detailed disbursement plan in accordance with the budget ceiling set for them, or exceed it and defend their reasons like some of the more important sectoral institutions including the Addis Abeba City Roads Auhtoirty (AACRA) plan to do. PLEASE SEE THE FULL STORY ON PAGE 10.
2008/09
2009/10
2010/11
2011/12
2012/13
2013/14
Get Help, Open Up: IMF Tells Govt

The quantity of imported goods, far above the regional average, is a concern for ethiopia
week, when talking about Ethiopias macroeconomic state affairs. Inviting people that matter in policy corridors, Mikkelsen told the government to seek help and open up the economic frontier. He looked at Ethiopias current macroeconomic It is rare to see representatives of multilateral financial institutions straight talking on the matter of sensitivities to their client states. Yet direct talk was what Jan Mikkelsen, the Danish country representative of the IMF for Ethiopia, chose to have last
By Tamrat G. Giorgis Fortune Staff Writer

reality, in the context of a regional economic outlook for Africa released by his agency last week, inside the World Bank-IMF country office, on
Africa Avenue (Bole Road), which has been reconstructed by the government, using cheap Chinese loans. That could perhaps be one reason why he was far from being dismissive of Ethiopias economic gains over the years. Quite the opposite, Mikkelsen
sounded concessional, in that it has registered high growth that is solid and sustainable. The public sector-led development model has achieved significant results,
(Continued on PAGE 4)
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Content Matters
Established in May 2000.
Volume 14, Number 684 Sunday, June 9, 2013

Fortune is a weekly business newspaper published and distributed by Independent News & Media Plc. Fortune is a registered newspaper with the Ministry of Trade and Industry under Licence Number 667/98. Independent News & Media Plc is registered by the Ministry of Trade and Industry under Registration Number 020/2/2349/97. Managing Editor Tamrat G. Giorgis tamrat@addisfortune.com Editor-in-chief Yetneberk Tadele Yetneberk@addisfortune.com Bole District Wereda 03 House Number 024 Deputy Managing Editor Hailu Wondimu hailuwondimu@addisfortune.com OP-ED Editor Getachew T. Alemu getachew@addisfortune.com Research Editor Samson Hailu samson@addisfortune.com Features Editor Elleni Araya elleni@addisfortune.com Reporter Melkeam Aschalew melkeam@addisfortune.com Senior Photographer Kalkidan Mihretu kalkidan@addisfortune.com Photographer Samuel Habtab samuel@addisfortune.com Stringers Daniel Kifle Adama (Nazareth) Ashenafe Endale Addis Ababa Columnist Girma Feyissa girma@addisfortune.com Cartoonist Henok Demessie bezeart@yahoo.com Senior Graphic Designer Daniel Amare daniel@addisfortune.com Graphic Designer Ashenafi Chekol ashenafi@addisfortune.com Exclusive Advertising Agent
Editorial The clouds over the Nile waters have become denser, after the Administration of Hailemariam Desalegn announced the change in course of the Blue Nile River - locally named Abay - in order to create a favourable surface condition for the construction of the Grand Ethiopian Renaissance Dam. Official statements show a reasonable assurance seems to have emerged over the impacts. What remains worrisome is the fact that the debates over the waters are still limited to the resources themselves.
Fortune
Opinion As vital as it is to define individual behaviours, insecurity is the gravitational force that binds differing aspects of reality. Individuals are pictograms of their inner doubts. Whatever they do can easily be interconnected within these binds of insecurities. This is no less applicable to systems. Many of the policies of governments are manifestations of the deeply ingrained systemic insecurities, but as felt by the ranks and files. Clearly inscribed in laws or expressed indirectly, most governmental outputs are declarations of insecurity.
Agenda
20/80
40/60
Page 30
10/90
1 Bedroom
29 Sqm on Average Cost 38,000 Br Monthly Saving: 187 Br
G+2
1 Bedroom
50 Sqm on Average Cost 126,721 Br
1 Bedroom
55 Sqm on Average Cost 162,645 Br
2 Bedroom
G+4 - G+7
Monthly Saving: 274 Br
G+9 - G+12
Housing Association
G+2 - G+4
Monthly Saving: 1,033 Br
3 Bedroom
85 Sqm on Average Cost 304,215 Br Monthly Saving: 685
1 Bedroom
60 Sqm on Average Cost 210,000 Br 100% before construction
3 Bedroom
100 Sqm on Average
2 Bedroom
Studio
2 Bedroom
75 Sqm on Average Cost 250,000 Br Monthly Saving: 1,575 Br
Cost 386,400 Br Monthly Saving: 2,453 Br
3 Bedroom
Illustration by Fortune
Banking Backlog as Housing Scheme Registrations Begin
Housing galore
started being distributed. As luck would have it, the very last registration form ended up being handed to the person standing right infront of her, making her miss her chance by just a hair. Unlike her, 430,000 people were successful in registering for the first ever public housing scheme to be unrolled by the current government, and began waiting for their names to be picked from raffles every time the government finished construction of condominium houses. Eight years on, the government has managed to transfer houses to only 100,000 people, leaving 330,000 still in anticipation. Tsedale, for her part, now spends 900 Br on rent, which amounts to more than half her net income of 1,700 Br. At the same time, demand for housing has further risen - currently reaching 600,000, according to data from the Ministry of Urban Development & Construction (MoUDC).
t was in a very unlucky way that Tsedale Endale missed out on registering for the Condominium housing scheme when the government unrolled it eight years ago. Hoping to take her chance of becoming a homeowner, the 45 year old hotel housekeeper stood in line at the registration station for Nifas Silk Lafto District at the break of dawn. Af te r a lo ng wait and much commotion, registration forms
The fixed price system currently applied to construction materials for contractors undertaking government projects will be revised by a draft directive. The bill proposes that price for construction materials be revised every three to six months instead of the existing practice of revising prices after nine months or a year and a half. The bill seeks to address constant material price fluctuation. Page 9
With two out of the three new housing schemes beginning the registration process imminently, there has been a rush of people setting up savings accounts at the Commercial Bank of Ethiopia. With such sizeable need, there is the hope that the process will run smoothly from here on in, although many are concerned that they may be waiting for a long time before becoming homeowners writs, ELLENI ARAYA, FORTUNE STAFF WRITER
Following this, the government unveiled another urban housing supply strategy; this time introducing eight modalities in which housing supply could be increased in urban areas. Out of these, five are public housing modalities to be executed by the government. The more popularised of the government public housing programmes are the 10/90 housing scheme - a rebranded version of the old condominium housing scheme,
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construction
ERCA
Mayor of Adama, Beker Shale, a 39 year old married father of two will be the second ever director general to the Ethiopian Revenues and Customs Authority (ERCA),since it was restructured in 2008. The post was vaccant for a month after Melaku Fenta, who headed the Authoirty for five years was arrested due to alleged corruption. Page 13
Noise Pollution
Due to Noise Pollution, the Kirkos District Trade & Industry Bureau closed 30 grocery shops, night clubs, bars and restaurants for a month. Facilities were informed of this decision in a letter the Bureau wrote to each of them on Monday June 3, 2013. Buinesses have disregarded many oral warnings they received previously, the districts health bureau stated. Page 18
Commentary
Egypt has spent considerable effort on propagating various myths about the Nile, including the myth of Egyptian ownership of the Nile waters based on international law; and the attendant myth that Egypt would respond by war against any upstream country that might dare to interfere with the Nile waters, without its permission.
Page 22
Arada
Time has changed. Carestones are now being retired and put to use for other masonry purposes. They are being replaced by cobblestones. The Addis Abeba City Roads Authority (AACRA) is doing a very commendable job in running cobblestone road projects in many parts of the capital. They are now nick named bread earning stones.
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Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013
P ag e 3
THE NUMBERS
Coffee (Arabica) $/kg
2.8
now dubbed 20/80 - and the 40/60 housing scheme. These schemes designed for lower incomers, the lower middle class and upper middle class, respectively - all have a savings scheme attached to them, from which their names are derived. For instance, in the 10/90 housing scheme, a person would be required to save a fixed monthly sum for three years, amounting to 10pc of the total housing construction cost, and get a 90pc loan from the government to be paid over the next 17 years. For Tsedale and many others the introduction of these schemes was viewed as a second chance to be eligible for homeownership. So, when the Commercial Bank of Ethiopia (CBE) started opening special savings accounts for those interested in the 10/90 and 20/80 schemes last Monday - a week ahead of registrations to be conducted at weredas and Government offices, from June 10 to 28, 2013 conspicuous lines started forming at most of the 115 branches of the CBE in Addis Abeba. The CBE has been assigned to collect saving deposits and advance loans to the Housing Development Agency and the Addis Abeba Housing Development Enterprise, who are responsible for building the houses once registrants open accounts. With 1.3 million people expected to
4.28%
Oil US $/bbl
4.75%
Ethiopian Birr/US $
0.10%
96.21
18.9602
At CBE s Temenja Yaj branch, the lines would start forming early in the morning and gradually swell to reach the street where cars are parked.
be registered, this is a big deposit mobilisation drive for the CBE, an opportunity that other banks have yet to be given. We chose the CBE because it is a big bank that can handle such large scale projects, Amare Asgedom, head of the MoUDCs Housing Development & Government Building Construction Bureau. We will think about handing over responsibility to other banks as the project progresses. The CBE executives have said they
will use the mobilised deposits to facilitate loans for housing construction. Already they have advanced a 4.75 billion Br loan to the Agency and a 1.5 billion Br loan to the Enterprise for the construction of houses.. Tsedale came to register at 11:00am, last Tuesday, at Finfine Branch on Gambia street. The Branch, located on the ground floor of the cylinder shaped headquarter of the CBE, had already finished giving queue
numbers for morning customers and told her to come back in the afternoon. For the afternoons queue Tsedale was the 68th person in line. Although struggling with feelings of dj vu as she stood in line by the side wall, Tsedale, to her relief, finally got her hands on a registration form, at half past three in the afternoon. The CBE requires that each registrant brings two passport sized photos and a valid ID (issued within two years), along with the initial deposit
required for the specific scheme people are registered in. Tsedale, who was interested in the two bedroom 20/80 housing scheme, which lies on 50sqm, would have to make a monthly deposits of 561 Br. This is much better than the condominium registrations in 2005, she told Fortune, as she filled out her form. Although she was guaranteed to get the special red passbook that day, she must also go to her Wereda to undergo the registration process when it starts on June 10. Tsedale is prepared to go through the hassle because her need for a house is so strong. I have lived in rented homes for the past 25 years, so I would be glad to be a homeowner at last, she commented. So serious is she in owning a home that she has already managed to save 50,000 Br, over the years, which she plans to use for her monthly deposits at the CBE. But, even with such preparation, Tsedale recognises that becoming a homeowner through the government scheme will depend on luck. The sheer number of people swarming at the CBE branches shows how tough it will be, Tsedale says, even though she remains hopeful.
A d v e r t i s e m en t s
Photo by: Kalkidan Mihretu
P ag e 4
Get Help, Open Up: IMF . . .

said Mikkelsen. It is this model that he attributed the enhanced physical infrastructure of the nation and gains on the health and education fronts, leading to poverty reduction, while inflation was seen recently on the reverse. The year-onyear average has gone from 22pc, in 2012, down to single digits (eight percent) last month, while the IMF forecast suggests it will be at nine per cent in 2014 - still a little over two percentage points higher than the SubSaharan African average. This, however, happened in a climate of a big but, according to Mikkelsen. Heavy reliance on state-financed mega projects has worsened the gap on the balance of payment, which reached negative 5.8pc in 2012, from a positive 0.6pc in the previous year. A negative balance of payment is only one of the causalities, however. On another crucial front, foreign direct investments contribution to the gross domestic product (GDP) is also on the decline. Theres no doubt FDI is an opportunity for Ethiopia, Mikkelsen told his audience, which included people like - Michael Merid, macroeconomic advisor to the Prime Minister; Guang Z. Chen, the World Banks country director and Dennis Weller, mission director of USAID. Policy should be geared towards competitiveness. Ethiopia buys a lot more than it produces or sells - with close to 19pc in trade deficit on goods, in 2012, an amount troubling in comparison to the sub-Saharan average surplus of 4.5pc - and a dilapidated foreign exchange reserve, enough to cover
C o n t i n u a t i o n

(Cont'd from PAGE 1)
Jan Mikkelsen, right centre, country representative of the IMF for Ethiopia, briefed the media about the newly released report by his agency on Ethiopias current macroeconomic reality, in the context of a regional economic outlook for Africa.
only 1.7 months of imports, in 2012. Not only is the outlook the same for the coming year, but too, Ethiopia has a won a place as the only country in East Africa, and one of the few countries on the continent, alongside - Togo, DRC, Guinea and Zimbabwe, to have a reserve level below two months. Exporters are finding it difficult to remain competitive, while imports get relatively cheaper, said Mikkelsen. Ethiopia has exported its products, in 2012, accounting for 14.2pc of its GDP, against what it bought from the rest of the world, which claimed 31.3pc, according to the regional economic outlook released by the IMF last week. There are additional structural
imbalances in the economy. A nation that has a history of gross national savings which hardly exceeded 25pc of its GDP, and has a government that authored and pushed for the execution of a Growth & Transformation Plan (GTP) that will end up costing taxpayers close to 57 billion dollars, by 2015, according to the World Bank estimate. Mikkelsen not only sees a huge gap between national savings and investment - there will also be 15pc annual consolidated fiscal deficit that the economy will have to live through. There is simply insufficient financing available to pay for the realisation of the GTP, according to the IMF resident representative. Neither are the options easy to pick. The administration of
Prime Minister Hailemariam Desalegn is confronted with the unlikely choices of raising national savings, raising tax, printing money, using foreign exchange reserves, cutting spending or borrowing from external and local sources. It appears that domestic borrowing is the chosen option, said Mikkelsen. Indeed, 6.5pc of the GTP was paid for over the past two years from domestic revenue mobilisation; although eight per cent of the GDP is required to cover spending in the next three years. Much of the domestic loans advanced by the domestic banking sector went to state-owned enterprises, many of which are designated to accomplish different components of the GTP. It
was only 32pc of domestic loans that were advanced to the private sector in 2011, while this even declined down to as low as 19pc between February and June 2012, making it a very difficult environment for the private sector to thrive in, according to Mikkelsen. The government has a commitment in the GTP to partner with the private sector, he said. And it says the private sector is an engine of growth. How can it come to be so, if it doesnt have access to finance? His advice to macroeconomic policymakers was straight forward. They will have to tighten up monetary policy and introduce a competitive forex market; reduce the crowding out of the private sector; prioritise public investments on the bases of expertise and impact on growth and move fast in strengthening the financial and service sectors. Ethiopia has reached a stage where its government needs to move towards an open space for the private sector and play a role in encouragement, said Mikkelsen. Mikkelsens was a presentation hailed as a compelling case on growth sustainability and competitiveness, by Lamine Barrow, country director for the Africa Development Bank (AfDB), one of Ethiopias development partners, extending loans and grants to infrastructural projects, such as those focused on regional economic integration. Indeed, Lamin stated, during the release of the report for the Resident Representatives, that giving as much emphasis to regional integration will widen the market, expand the economy of scale and steer the country towards opening up.
A d v e r t i s e m en t
Photo: Fortune
P ag e 5
Housing . . .
Just how great the need for housing is, was illustrated further during the week, as reports surfaced of couples divorcing, in order to bypass a restriction that allows only one of a married couple to register for a house; with none being able to register if one of the couple owns a house already. It is very sad if indeed people are dissolving something as sacred as marriage for material gain, Mesfin Getachew, head of housing development and administration at the Housing Development Agency, commented after hearing the reports at a press conference, held last Wednesday at the MoUDC headquarters, . Many others who lined up to register alongside Tsedale have doubts about the housing program. Starting from fears that registration forms would run out, like they did on Tsedale in 2005, to doubts about whether registration would guarantee access to homeownership, there were many uncertainties that registrants faced, when Fortune talked to them on Tuesday and Wednesday last week. The question on most peoples minds, was the one asked at
Wednesdays press conference - where Mesfin and Amare briefed journalists about the housing strategy unveiled by the government If there is still a delay in providing houses to at least 300,000 people who have registered in 2005, what would guarantee that this would not happen again? Admitting that there were financing and delivery problems for the previous scheme, the officials promised that this one would have a better execution and people would be better equipped to pay for the housing once constructed, due to the savings scheme. Another question is that if registrants are so many, whether there be enough houses built for This especially holds true for the 20/80 housing scheme, which
The CBE has been assigned to collect savings deposits and advance loans to the Housing Development Agency and the Addis Abeba Housing Development Enterprise.
Tsedale is interested in. Unlike the newer housing schemes, this scheme not only seeks to address new registrants, but also requires satisfying those who initially registered in 2005, but have not yet received condominium houses, over the past eight years. The reason for this is that the old list is outdated and needs to be upgraded. It will also require old registrants to start saving, something which was not part of the programme in 2005. Out of every 100 people that are picked out of the raffles to be handed condominium houses, 35 do not show up, according to officials at the Ministry and the Addis Abeba Housing Development Agency - the organ responsible for the construction and transfer of condominium and, more recently, 10/90 houses. This is because some do not have enough money to pay for the transfer of the houses,while others are either deceased or have left the country. Of the 300,000 registrants on the old list, the government is expecting only 170,000 to reregister, according to Yinekachew Walelegn, head of the Addis Ababa Housing Construction
The Ministry of Trade (MoT) is making preparations to provide trade name registrations and licensing services at all districts in Addis Abeba and regional states. Currently, businesses are required to approach the headquarters of the MoT to get their trade names registered and obtain license. The low requires businesses to reregister every year, within the first four months of the fiscal year, which begins on July 7. Failure to do so would lead to the expiry of the registration certificate. However, businesses can renew their licences all year long, albeit with penalties and the suspension of the licence, after the first four months.
Read Less: Know More
Trade Registrations, Licensing in all Districts
Forum Discusses Ethio-Finnish Trade Ties

The Ethio-Finish Aid for Trade and Business Forum were held on Wednesday, June 05, 2013, under the theme inclusive partnership for sustainable growth in Addis Abeba. Organized by the Finnish Embassy in Addis Abeba the Finlands Under-Secretary of State for Ministry of Foreign Affairs, Anne Sipilainen headed the Finish business delegation. In 1965 Finland opened the first sub-Saharan Embassy in Addis Abeba and in 2005, Finland promoted its relation to an ambassadorial level, after a break of 30 years. In 2012, Finlands country and region specific cooperation in Ethiopia totalled 15 million dollars.
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Vo l . 14 No. 684 J u n e 9, 2013
Fortune
Ethiopias New
Basillyos Tilahun, 25, head of the Information Communications & Technology (ICT) Development Bureau at Jimma University, came to Addis Abeba a week ago, together with 11 academics from the University, to display their newly developed software at the sixth ICT Exhibition, opened on Thursday, June 06, 2013, at the Addis Abeba Exhibition Centre & Market Development Enterprise.
PAGE 14
New Directive for Road Accident Emergency Treatment

Currently health centres and hospitals have to claim money back from a wide range of insurers
After the hospitals give emergency medical treatment to the victims the new third party insurance bill will allow them to settle payments from the new centralised third party insurance fund.
The Insurance Fund Office (IFO) is putting the final touches on a draft directive, which will create a centralised third party insurance fund for emergency medical treatments. This fund is to be overseen by the Ministry of Health (MoH) and regional health bureaus. Health centres, such as hospitals and clinics, will settle payments from this fund, after giving emergency treatment for third-party car accident victims, if the bill is ratified by the Ministry of Transport (MoT). The Fund Office has been working on this directive over the course of the past year, after hearing complaints from health centres that the emergency settlement system is not centralised, according to Yissak Abera, director general of the Insurance Fund Office. Since the enactment of mandatory coverage of third party insurance for all vehicle owners in the country, in January 2011, hospitals and clinics have been required to first provide emergency treatment to third-party victims in vehicle accidents, requesting payment from the insurance company, providing coverage for the vehicle involved, at a later date. Such third party victims include any person, other than the vehicle owner, his family, the driver of the vehicle or any person employed on the vehicle. The maximum sum health centres
can ask from insurance companies after treating victims is fixed by proclamation at 1,000 Br, though an amendment is currently tabled to parliament that would raise the amount to 2,000 Br. The proclamation also provides fixed liability coverage of 15,000 Br for bodily injury (also increased to 40,000 Br in the amendment), 40,000 Br for death and 100,000 Br for property damages. Should the vehicle that caused the accident not be covered by third party insurance or be untraceable, then health centres settle their claims with the IFO, which runs an insurance fund from contributions of all insurance companies, who are required to advance 10pc from all third party premiums collected to the fund. Dealing with the procedures of different insurance companies to settle fees has proven time consuming and inefficient. Health centres have been complaining ever since mandatory third party insurance was implemented. In answer to these complaints, the draft bill provides that all health centres deal with a single institution when settling payments, namely their Wereda health bureaus. The bureaus will then facilitate payments by working together with regional health bureaus and the Ministry. The fund is set up only for settling emergency payments
By ELLENI ARAYA FORTUNE STAFF WRITER and does not include bodily injuries, death and property damage, which are claimed by the victim and not the health centres. Like the insurance fund, the emergency treatment fund will take contributions from insurance companies, in addition to the IFO. The share of contributions from each insurance company will be determined in proportion to the amount of third party insurance premiums they collect and the liabilities they have paid. So far, the Office has determined through an in house study that the Offices share is around a million Birr and the share of all insurance companies combined, around six
Since the enactment of mandatory coverage of third party insurance for all vehicle owners in the country, hospitals and clinics have been required to first provide emergency treatment to third-party victims.
million Br, Yissak told Fortune. However, the share that each insurance company will have to contribute is not yet determined in the directive. During the nine months since third party insurance was enacted, seven of the insurance companies have paid 988,983 Br for emergency medical treatment. The same insurance companies were also investigating claims of two million Br in emergency medical treatment during this time. The office has also proposed that it will not only retain any leftover money, rather than distributing it back to insurers, according to Yissak, but it will also ask the insurance companies for a greater contribution if the fund is depleted before the year is out. The account will be reviewed every six months, he said. It was not disclosed whether the fund will be used for other investments too. The already existing insurance fund for untraced and uninsured vehicles can be used for expenses of the IFO and also for investment in projects, upon approval by the government, according to the 2008 proclamation. Currently there is 60 million Br in this fund, according to Issac. The emergency medical fund draft bill was presented to relevant stakeholders, including representatives from insurance companies, health centres
and traffic police, on May 22 and 23, at Ras Hotel. A president of one of the largest insurance companies stated that: It would be better for the IFO to pay for emergency medical treatments and to later settle with insurance companies, rather than going through the higher administrative cost of establishing another fund. The insurers association has also made its own alternative proposal. The association proposed that insurance companies pay claims within five days, when approached by health centres, in order to avoid hassle, Hadush Hintsay, secretary of the Association told Fortune. The administration, however, maintains that it is better for the fund to be established. Initially we had proposed two alternatives, one of which was for the IFO to settle payment with insurances, but the [IFO] board discarded this option, an official from the legal department told Fortune. The IFO only has one office and insurance companies have many branches, so it would be difficult to manage. The draft will be tabled to the MoT for approval, after the current amendment to the mandatory third party insurance is ratified by the Parliament.
Photo: Fortune File
A D V E R T I S E M E N T S
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P ag e 8
Dispute Over Demolition of Charity Building

Many tenants are angry over plans to demolish the building, citing its heritage value
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Tenants from the old-timer structural Charity Building in Kirkos District, adjacent to Ethiopia Hotel, pleaded to the Prime Ministers office to stop the demolition of the building.
Twelve tenants of the Charity Building in Kirkos District, next to Ethiopia Hotel, pleaded to the Prime Ministers office, on Wednesday, January 6, 2013, to stop the impending demolition of the building where they have conducted business for several decades. The building, located on Gambia St, in front of the National Theatre, is home to Shi Solomon Supermarket and Lions Bar, on the ground floor. It is one of 18 buildings to be knocked down in the District, as part of a development plan for 2012/13. A year and a half ago, Belayneh Kinde Import Export - which acquired Ethiopia Hotel from the Privatisation &
Public Enterprises Supervising Agency (PPESA) for 94 million Br - had asked for an additional 1,700sqm of land, for expansion; a request that included the land on which Charity Building rests, according to Belayneh, owner and manager of the company. The tenants of the building requested in their plea that the 76-year old building should not be demolished, but rather recognised as a historical heritage, referring to the younger National Theatre Building across the road, which has such recognition. Kirkos District officials called the tenants of the building for a meeting on May 10, when they informed them to relocate within three months.
By YETNEBERK TADELE FORTUNE STAFF WRITER The tenants formed a committee, chaired by Moges Hailu, manager of Shi Solomon Supermarket, which protested the districts decision in a letter copied to the Mayors Office, the Land Development Agency and the Addis Abeba Culture & Tourism Bureau, on May 16. None of the three responded, according to Moges. There should be a thorough discussion before demolishing this building, he said. According to a historical & cultural heritage expert at the Addis Abeba Culture & Tourism Bureau, there
are 237 houses and buildings in the city registered as heritage; Charity Building is not one of them. This official said that in order to be registered as a historical heritage, a building has to fulfil some standards, such as uniqueness, social value, architectural beauty and historical background. Any building that is not on the list could be considered for registration if it fulfils any of the mentioned standards, he said. We have been at this building for more than 40 years, assuming that it is a historical place where we cannot apply for reconstruction," Moges said. The building, originally known as Palaso Reteria, when it was built
by the Italians during the fiveyear Occupation, is now under the Government Houses Agency, which has rented it to 20 public and private institutions. Belayneh says he plans to build a bigger building on the site as soon as the city administration has cleared and delivered the land to his company. He said it would be okay for him if he got another site, if indeed the District does decide to keep Charity. The District will give 25sqm to each of the businesses that will be relocated, according to Woyneshet Zerihun, Land Development & Urban Rehabilitation officer.
Govt to Introduce New Construction Pricing Directive

With the prices of materials fluctuating, the new directive will solve the current debate over project budgets
because most contractors in Addis Abeba, Oromia, Southern and Tigray regional states have been complaining for a long time, he said. The price revision will be applied to contractors participating in the construction of houses for the Addis Abeba City Administration and any public constructions, as well as universities. The draft directive also considers contractors engaged in the construction of mega projects implemented under the Growth & Transformation Plan (GTP). Among the mega projects expected to be finalised during the GTP period, 10 new sugar factories, a fertiliser factory and the national railway network, alongside the Great Ethiopian Renaissance Dam (GERD), are all currently under construction. In the 2011/12 fiscal year alone, the federal government spend 7.8 billion dollars financing these mega projects, which include electric power, roads, rail and public housing. However, for a construction already started, the price revision will be applicable only after 18 months, according to the draft. It is to encourage contractors to finalise the constructions within 18 months, rather than starting a project and waiting for the revision of price increment, which some contractors do, said Wubshet. There were times when we used to deliver buildings with the same price we agreed two years earlier, according to Mulu Gebremariam, general manager of Delta plc, a construction company that is building new condominiums. The estimation of cost of buildings was also not drawn from current market situations. As of 2006, the government supplies construction materials for the contractors of government projects. Contractors are also picked based on their registration order, with the total cost being set by a government institution, rather than being selected By Ashenafi Endale Special to Fortune Alarmed by the constant price fluctuation on construction materials, the Ministry of Urban Development & Construction (MoUDC) has prepared a draft directive to change the fixed rate pricing system currently applied to all contractors that undertake constructions for the government. The directive, which will be mandatory for government institutions that are responsible for construction works, will have prices of construction materials and labour revised every three to six months, unlike the existing practice where revision is only possible within nine months to a year and half. The Ministry is expecting to approve and implement the directive after a month, Wubshet Kibebew, construction contract management and effectiveness follow-up head at the Ministry, told Fortune. The directive was needed urgently through financial and technical procedures. In addition to introducing the new directive, the government has to provide the construction payments on time, in order to finalise the constructions within the agreed time, Mulu commented. The directive also enables the respective government institutions to forecast future material price fluctuations, in order to set the cost of the constructions to be given to contractors. The major issue of the directive is to implement it uniformly throughout the country, because some regions translate and implement laws differently, said Wubshet. The Ministry will also collect reports of revised prices from regions every three to six months to help in the uniform implementation. The MoUDC has been working on the directive for a year, according to Wubshet.
Mekuria Haile, minister of MoUDC.
The price revision will be applied to contractors participating in the construction of houses for the Addis Abeba City Administration and any public constructions, as well as universities.
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City Budget Leaps by a Quarter
The city council will preside over proposals from various institutions, agencies, offices, for their share of the budget
that time, the road construction sector followed with 1.5 billion Br. However, the AACRAs proposed budget for the next fiscal year shows a staggering 155pc leap, when compared to the previous years budget. Such allocations allow the ACCRA to regain the priority seat, after relinquishing its place to the Addis Abeba Water and Sewerage Authority (AAWSA) for the previous and current fiscal years. Unlike the previous year, the Citys Cabinet, chaired by Kuma, also rewarded the ACCRA by allocating 3.75 billion Br, 16pc higher than the budget the Authority requested. AACRA was not so lucky last year, after getting only a third of its request of three billion Br. The Cabinets decision comes four years after the Authority managed to increase the road coverage of the city to 13.94pc, at the end of January 2013, from 12pc, just two years before. The 60 million dollar Bole Road rehabilitation projects, as well as other road projects undertaken by the authority, are expected to enable the authority to achieve its target of increasing the citys road coverage to 16pc by the end of the year. However, Fekade feels the budget ceiling allocated to the AACRA for the next year is still not enough. I will propose for a budget of seven billion Br, for road projects that will be constructed in connection to the Light Railway Transit (LRT) project, Fekade told Fortune. These roads alone will cost three billion Birr. The authoritys financial needs, submitted to the BoFED at the beginning of the current fiscal yea,r do not include these costs, according to Fekade. Seven billion Birr, however, may prove too much, said a socio-economic officer of the BoFED, who has been working on the budget for the Bureau. By Elleni Araya Fortune Staff Writer million Br for the next fiscal year. We are planning to ask for more than the 1.2 billion Br capital budget allocated to us by the city administration, said Asegid Getachew, General Manager of the AAWSA. We have talked it over with the BoFED and have been told the budget will be adjusted if we defend it well next week. For the next year, the AAWSA has a 1.5 billion Br capital budget and a 576 million Br recurrent budget ceiling allocated to it, which is 28pc less than the allotment for the current fiscal year. Of the 1.5 billion, however, the budget coming from the city administration is only 1.2 billion, with the rest being covered by the revenues of the AAWSA itself. The officer at the BoFED did not confirm talks with AACRA, but said the same principle applies to any institutions. We have taken into account the initial disbursement requirement of all sectoral institutions, the officer told Fortune. However if the projects are important we will consider mobilising additional funds from the contingency budget. In the coming year, the AAWSA plans to finish the construction of water wells it started in the current fiscal year, in order to bring water supply up to 210,000 cubic metres a day. Using the budget allocated to it for the next year, the AAWSA is expected to reach its target of 100pc water coverage for the city, as it claimed it would. Most of the projects the AAWSA will carry out next year are rollovers from this year, including expanding Legedadi Dam, in order for it to produce 40,000 cubic metres more. For this, the AAWSA wants the entire 1.5 billion Br capital budget to come from the city administration, without adding in its own revenues, according to Asegid. As for getting a lower budget, Asegid said the AAWSA will still have the highest budget in the end, as grants and loans come from foreign companies. Also, coming in third place, with a capital budget ceiling of 1.15 billion Br, the Addis Abeba Housing Development Project Office is one of the institutions needing some additional budget, in order to properly implement the Urban Housing Supply Strategy set by the government. With plans to continue the construction of 95,145 houses, for the condominium and newly introduced low income 10/90 housing schemes, however, the project office will require 11.2 billion Brs worth of financing, according to Yidnekachew Walelegn. In Addition to a sectoral institutions total of 3.4 billion Br was also allocated to the 10 districts. All the revenue we are expecting to mobilise adds up to 20.4 billion Birr, which is the ceiling we have set for the budget, because that is how much we can support, an official from the BoFED told Fortune. The city has plans to cover the budget through tax and non-tax revenues, income from the city administration, the federal road fund and other project grants. According to the citys mid-term expenditure framework - which makes three year projections of revenue and expenses, in order to prepare the budget - the city anticipates collecting 13.4 billion Br from taxes; 3.3 billion Br from non-tax revenue, such as land lease; 2.6 billion from city administration income and 423 million from other revenues. In order to meet the growing demand of the institutions, the city plans to increase its revenues to 24 billion, in 2014/15, and 30.5 billion by 2015/16, according to the midterm expenditure framework.
uma Demeksa, mayor of Addis Abeba, has made sure that the city will benefit from an all time high budget of 20 billion Br, for the coming fiscal year, before he leaves the office. The Addis Ababa cabinet rubber-stamped the budget proposed by the city administrations Bureau of Finance and Economic Development (BoFED) two weeks ago. What still remains is for the 10 districts and 77 sectoral institutions, agencies and project offices, under city administration, to make a case, starting from this Monday, for their share of the 20.04 billion Br preliminary budget for 2013/14. This will be done in front of the Addis Abeba City Council, which has the mandate to ratify the budget. For the duration of this week, up until next Monday, the city Council will hear sectoral institutions and districts, under the city administration, propose and defend their respective budgets for the 2013/14 fiscal year. Budget ceilings have been apportioned to each sectoral institution and district by the BoFED. Institutions will now have to present a detailed disbursement document in accordance with the apportioned budget ceiling, when facing the city council. Out of the 14.8 billion Br budget ceiling allocated to the 77 sectoral institutions, the Addis Abeba City Roads Authority (AACRA) has the largest share, amounting to 3.75 billion Br. Fekade Haile (Eng), general manager of the AACRA is expected to Present a detailed disbursement plan to 138 elected members of the Council. The BoFED have given priority to the AACRA, unlike the previous year, where water and sewerage services took the bigger chunk of the budget, at 2.09 billion Br, out of the 16 billion Br budget approved by the Council. At
Kuma Demeksa
If the projects are very important, the city may get leftover budget to assist the AACRA, or draw some finance from contingency funds, the officer told Fortune. However, what the AACRA is requesting is a third of the citys planned budget, which will be difficult to provide. For purposes like this, close to 1.4 billion Br has also been added to the total budget as a contingency, in order to finance institutions bringing a strong defence for a higher budget than they were originally allocated. It is not only the AACRA that is planning to request for additional budget to the appropriated amount by the cabinet. The Addis Abeba Water & Sewerage Authority (AAWSA), responsible for water supply services to the city, also plans to request an additional 300
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Plan to Connect Addis Abeba With Surrounding Special Zones

The plan hopes to help assist the urbanisation process in Ethiopia, improving the standard of living
An area structure plan, designed to integrate economic and social activities in Addis Abeba with those of the surrounding Oromia Special Zones, could be in place soon, after stakeholders from the government and international organisations held a four day meeting, from June 26- 29, 2013, in Adama Town. The plan, which the Addis Abeba & Oromia Special Zones Project Office has been working on with experts from the Ethiopian Institute of Architecture, Building Construction and City Development (EiABC) for over a year, is expected to formulate uniform development policies and strategies. At the meeting, held at the Addis Ababa Theatre & Cultural Hall last week, residents discussed the plan and presented their feedback to the project office. The new structural plan takes into account the common interests of the city and the surrounding Oromia Special Zones. It will also be abreast with current city planning strategy, which includes integrated land use with transportation facilities.
By Ashenafi Endale Fortune Staff Writer

The primary objective of the plan is not only to provide solutions for urbanisation problems, but also to meet international standards, said Fetuma Lemesa, deputy director of the project office, at the discussion in the National Theatre. The municipalities of the towns and Addis Abeba will have their own internal plan, which will go with the new structural plan. The project office, which was established in 2011 for formulating and implementing the strategic plan, is led by a board of directors, in which
At the meeting, held at the Addis Ababa Theatre & Cultural Hall last week, residents discussed the plan and presented their feedback to the project office.
Kuma Demeksa, mayor of Addis Abeba; Abdulaziz Mohamed, deputy president of Oromia Regional State and Umer Hussein, head of the Oromia Special Zones, are members. In the current fiscal year, the respective administrations allocated 18 million Br for the project office, in order to carry out its activities. The plan is expected to be approved by the board and Addis Abeba City Cabinet after it is presented to officials of the eight regional states and experts of the Africa Union and United Nations, after two weeks, according to Sheleme Kebede, public relations head of the project office. According to the plan, the special zones are divided into industry, service and settlement zones, based on their existing potential, economic base and geography. Dukem, Gelan, Burayou and Sebeta are identified by the plan to be industrial based towns, while Modjo was selected as a service hub. Chefe, Bonsa, Sululta and Burayou are identified as a suitable place for settlement.
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Seventy Years of Anbessa Buses
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This year, Anbessa celebrates its 70th year anniversary, having been the first public transportation service to arrive in Addis Abeba in 1943. The company has lived through a wide range of changes in Ethiopia's capital city and now has a service that pleases many of its regular users. With the city's light railway currently under construction, these are exciting times for public transport in Addis Abeba writes, YETNEBERK TADELE, FORTUNE STAFF WRITER
n the evening of June 5, 2013, at 7 pm, Solomon Jima, a father of two, was waiting for the number 3 Anbessa Bus at Piazza station, on Dejazmach Afework Street, to go home after a full day's work at a private company. He was tired and, looking at the dark, cloudy sky again and again, afraid of the rain that seemed ready to pour down. The crowd that surrounded him, waiting for buses to Mexico, Torhailoch, Ayer Tena, Kara Kore, Mekanisa, Sarbet and Jemo, were all uncomfortable by the sight of the pregnant sky. The shade at the bus station could not accommodate all of those waiting. This is the day to day activity of my life, said Solomon. Running after these buses day and night. Solomon has used Anbessa buses for the last 15 years, from when he was an evening student at Kotebe Teachers College. All the way from my house at Ayer Tena to Kotebe, I used to pay only 50 cents, which was important to me as a student, he reminisced. According to him, the small amount of money that he put on his transportation expense has helped him to save
The Anbessa City Bus Service Enterprise, which was established in 1943 with five military vehicles running only five routes, is currently celebrating its 70 years of anniversary.
lots of money for his education. buses, which are assembled locally by Metals & Engineering Corporation Continuing his education after getting (MetEC). Though locally assembled, his diploma in history, Solomon these buses have not been without went on to complete a study in their problems. educational psychology at the Addis Abeba University at the Sidist Kilo According to Bedelu Asefa, manager Campus, all the time using the Anbessa of the enterprise, 55 buses have so far City Bus service. been grounded because of a shortage of spare parts. However, besides the financial advantage of using the bus The specifications for the transport, he remembers Currently, Anbessa has around 730 spare parts, which are listed how many exams and in the manual are also not busses, including the 500 Bishoftu clear and sometimes are classes he missed because of late buses, particularly written in Chinese, he said. buses, which are assembled while studying at Kotebe. Currently, the enterprise locally by Metals & Engineering There were times I had dispatches the buses from to walk to my house in the Corporation (MetEC). Legahar, Merkato, Piazza and evening when the bus was Megenagna stations. There absent, he said. named Anbessa. are also about 1,640 check points, The first public transport service to During this time, the number of buses where passengers get the services of arrive in Addis Abeba, the Anbessa increased to 175 and the routes up to 708 buses from 6 am to 2:30 City Bus Service Enterprise was were also expanded to 35. The only pm daily on 112 routes. It also has established in 1943 with five military regional city bus service, Jimma City four service centres at Yeka, Shegole, vehicles running only five routes. It Bus, also began operating under it Makanisa and Akaki, where there are workshops, gas stations, stores is now celebrating its 70 years of in 1974. anniversary. Since its operation, it has During the Derg Regime, when and offices. passed through many different phases private companies were nationalised, Besides the challenges of traffic of change. Anbessa fell under the Ministry of congestion that adds many hours onto From 1952 to 1974, it was operated Communication & Transport. This travel, the current service is improved by shareholders, which included - time, the number of buses grew to 205 compared to previous times, says the government, the royal families, and the routes were expanded to 42. Solomon. I do not wait that long for the Ethiopian Orthodox Church Today Anbessa has around 730 the buses to come to the station. and prominent merchants, and was busses, including the 500 Bishoftu In the year 2012, the enterprise
employed 7,747 staff in different professions. It also charges one birr for five kilometres of travel and 10 Br for 47km to 50 km. I could have spent more than 30 Br a day if I had used private transportation, Solomon says. According to the bulletin board at the enterprise where the daily income is posted, it had a revenue of a little over one million Birr on Tuesday, June 6, 2013. Bedelu says that the enterprise has achieved only 87pc of its plan during the first nine months of the current year of operation, because of the delays and detours caused by the ongoing construction of the 34km Light Railway Transit (LRT), which goes from Ayat to Tor Hailoch (east to west corridor) and from Piazza to Akaki (north to south corridor). We are covering only 40pc of the citys transportation demand, said Bedelu. The City Administration is planning to beef its transport supply by availing special lanes, called Rapid Bus Transit (BRT), which will lie next to the Light Railway Transit (LRT) line. The government also aims to increase the road network from 12.24pc to 15pc, and the ratio of access to buses from 1:12,000 to 1:6,000 in 2015.
Photo by: Samuel Habtab
The ERCA Gets New Boss

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After the disruption caused by numerous high profile arrests, there is the hope it will soon be business as usual
led to the creation of the ERCA, Ethiopias tax collection only made up eight percent of the GDP. Melaku, educated in economics, business administration and customs & revenue, as well as public diplomacy, and now in custody and facing corruption charges, has overseen the introduction of many changes at the ERCA. Through many tax reforms introduced under his leadership, including a requirement that more and more business pay Value Added Tax (VAT) and install cash registration machines, the ERCA has managed to expand its revenue collection from 19 billion Br, in 2008, to 71 billion Br, in 2011/12. In the nine months of the current fiscal year, the ERCA has managed to collect 62.8 billion Br - the governments target for the entire year is 89 billion Br, although the in house target is much higher, at 101 billion Br. This fiscal year, the ERCA has introduced a new tax source, from undistributed dividend, whose collection is progressing despite an uproar from the business community. All these things must now be overseen by the director general I cannot yet comment on the detailed tasks, as I have to view the work to be done here, Beker told Fortune. But, with teamwork, consultation with stakeholders and knowledge of government policy, the Authority will aim to meet its goals.
By ELLENI ARAYA FORTUNE STAFF WRITER Adamas mayor, Beker Shale, took over as the director general of the Ethiopian Revenues & Customs Authority (ERCA) on May 29, 2013, as rumour circulated in the administration that a replacement mayor will be coming from the Dire Dawa EPRDF office. Bekers appointment by the Prime Ministers Office has filled the month-long vacancy created by the arrest of Melaku Fenta. Melaku had been the only boss of the ERCA, since it was established in 2008 by the merger of the Ministry of Revenues, Ethiopian Customs Authority and the Federal Inland Revenue Authority. The Authority, rocked by his arrest, along with many other high level officials, including Gebrewahed W. Giorgis, deputy director general of ERCAs Enforcement Division; Mamo Abdi, advisor to the director general and Eshetu Woldesemayat, Chief prosecutor, had only two deputy directors running it from the top, prior to Bekers appointment. These were Kaidaki Gezahegn, head of the Operation Program Design & Business Development and Abraham Negussie, head of Change & Modernisation both relatively new appointees. On the first of June, however, as the employees of the ERCA were commemorating the Ginbot 20 (May 28) downfall of the Dergue, they cheered to the news of getting a new boss, according to the Authoritys Education & Communication Director. Beker previously had a short stint at the ERCA as the deputy director general of Change & Modernisation (Abrahams current position), from the period of December 16, 2011, to April 27, This fiscal year, 2012. He had to the ERCA has leave his position as introduced a head of the Oromia Cooperative new tax sourceAgency for this undistributed appointment. dividend - whose Beker is not new collection is to filling highlevel posts when progressing despite predecessors an uproar from the v a c a t e business community. unexpectedly. He left his position as state Minister for Government Communication Affairs to become Adamas Mayor, after the previous mayor, Guta Acharo, and his deputy, Sadat Nesha, were fired from the Office. The Office of the Mayor in Adama is one that has seen five officials, including Beker, come and go since 2009. He is usually assigned to put out the fire in institutions where there are challenges, an official from the ERCA who worked under Beker during his short stay, told Fortune. He makes fast decisions, says this official. Beker, 39, has 13 years of experience moving up the ranks of civil service. He started as a Wereda administrator in his home Kebele, Dodola Wereda of west Arsi Zone, in 2000/01. After holding various posts in Arsi and Bale for the next six years, he then moved on to regional government, as the Police commissioner of Oromia, in 2008/09, and as head of the Oromia Cooperative Agency the next year. It was after this that the high level and short lived posts would come, including state Minister of the ERCA, the state minister of Government Communications and Mayor of Adama. The married father of two daughters has a BA in organisational management and a masters in Leadership. He is also a committe member for the oromia peoples democratic organisation. On getting the new Post in the ERCA, Beker says he is aware of the huge responsibility placed on his shoulders. I realise that the post requires trustworthiness, otherwise strict consequences follow, Beker told Fortune. I will do my best by drawing on the experiences I have had both at the ERCA and at all of my other posts. His position at the ERCA especially has given him knowledge of the business sector and he is already acquainted with employees, so things will not be completely new to him, he stated. The Authority has grown into a very important institution for the government, with the revenues it collects making up 12.3pc of the GDP. Prior to the restructuring that
Beker Shale, director general of the Ethiopian Revenues & Customs Authority (ERCA)
Beker started work on Thursday in the Director Generals office, unsealed for the first time in four weeks, although it is still guarded by two federal police officers, one of whom is armed. Before the office was unsealed he was working elsewhere at the Authority. The spacious office was unsealed on Monday, June 3, in the presence of Melaku Fenta, accompanied by Federal Police officers, and handed over to Beker, according to eyewitnesses. Neither Beker nor officials at the Adama Administration contacted by Fortune would confirm the information, obtained from within the Administration, that his replacement would be coming from Dire Dawa.
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Local Firms Shine at ICT Exhibition

For the sixth time, the Information Communications Technology Exhibition has invited both local and foreign companies to exhibit new developments within the sector. This years crop ranged from local mobile phone construction to passport scanners, and included several efforts to improve the functioning of government agencies writes, ASHENAFI ENDALE, SPECIAL TO FORTUNE.
Zelalem Dagne, managing director of Global Technology and Investment plc (right) displaying one of his companys best product, the cargo tracking software application, to Peter Gaskuoth, state minister of Communication and Information Technology (MCIT) (center) on the opening of ICT Exhibition.
a s i l l y o s Ti l a h u n , 2 5 , head of the Information Communications & Te c h n o l o g y ( I C T ) Development Bureau at Jimma University, came to Addis Abeba a week ago, together with 11 academics from the University, to display their newly developed software at the sixth ICT Exhibition, opened on Thursday, June 06, 2013, at the Addis Abeba Exhibition Centre & Market Development Enterprise. Basillyos was among the first hundred or so exhibitors when visitors came to the opening of the Exhibition, at 7.30pm that day. He brought along software that is able to calculate the efficiency level of a company, including workers performance. This is the first time we displayed our product since we finalised developing the software a year ago, he told Fortune. The response we got from the 31
government universities towards the product encouraged us to display it proudly, said Basillyos. Currently, Jimma University is negotiating to install the software in most of the government owned universities. Basillyos hopes that the software will see the light of day in the near future, since the benefit of computerising the management system of any company is immense. We chose this exhibition to create awareness about the software, said Basillyos. Popularising all ICT products and services that are available in the country is exactly what the organisers of the Exhibition hope to achieve. Held annually, the ICT Exhibition is organised by the Ministry of Communications & Information Technology (MoCIT). A total of 240 exhibitors from the public and private sectors showcased
Popularising all ICT products and services that are available in the country is exactly what the organisers of the Exhibition hope to achieve.
their products and services to an estimated 200,000-strong audience a projection based on past experience, says Beker Seid, Publication Relations Service head at the Ministry. The number of exhibitors increased, from 180 a year before. Every company with a stand inside the three halls, paid 180 Br a day for a three square metre space.
The first hall had 76 exhibitors, who displayed various hardware - ranging from earphones and computers to cameras and hybrid digital video and DVD recorders. However, it seemed like the entire hall was deprived of any new product to show the visitors, except for high power security cameras and new locally assembled cell phones, brought by Abtec Trading plc and Zhong-Xing Telecommunication Equipment (ZTE), respectively. Recently, ZTE, China's secondlargest maker of phone equipment, bid for a contract worth about 1.3 billion dollars to improve Ethiopia's telecommunications network, as it seeks to build its presence in Ethiopia. ZTE, about one-third owned by the Chinese government, has worked with Ethiopia's state-owned monopoly provider, Ethio Telecom, over the past six years to improve phone and
Internet services in Africa's second most populous nation. The company displayed locally assembled cell phones, in collaboration with Tana Communication Plc, a locally-owned assembler, which began assembling in 2010. Tana has three assembly lines, with a total capacity to assemble 4,500 to 5,000 devices a day. The company produces two mobile phone models and a fixed wireless apparatus. The Company also targets lower-class families with its S309 and S319 models, which support FM radio and Amharic language text and sells for 400 Br. The cell phones will be available in the market after we have gathered the necessary feedback from the public, according to Andy Zhou, overseas representatives of the company. Getting feedback from the visitors is our prime objective in this Exhibition
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Most of the new products on the sixth ICT exhibition were in the software hall, which was enough to arouse wondering among visitors, to the height of the technology in the country.
and, from the looks of it, I can say confidently companies engaged in the sector to facilitate we are achieving what we came for, he technology transfer and market linkage, added. said Peter. The situation, however, was different in Different government institutions are also the second hall, where Basillyos and his participating in the sector, which is a good colleagues were exhibiting their software. signal for the development of the sector", Compared to the first hall, most visitors were he said. attracted by the products displayed there Peters statement was evidenced by the by companies, such as CNET Technologies appearance of 14 government institutions, Systems. which took part in the Exhibition filling the It was a big chance for Dagnachew Amsalu, entirety of Hall 3. general manager of CNET, who, at the time, The Addis Abeba Transport Authority is one of was busy explaining about a new product his the government institutions that displayed its company has developed. new software to assist in facilitating its duties. CNET presented its imported passport The Authority, which is entrusted to regulate scanner, which comes in handy mainly for the citys traffic flow, developed software to hotels. The scanner, running on software enable it to issue driving licenses from one developed by CNET, which also participated in the previous exhibition, scans the details centralised centre, rather than five centres and personal information on a guests located in different parts of the city. passport and directly feeds it into the hotels It also developed software to enable students register. Dagnachews team has also brought who take the driving license exam to learn of software that can identify individuals using their results automatically. their fingerprint and facial structure. We designed this software to prevent It might take more time to develop a new corruption during the process, by technology, but the result is worth waiting for avoiding contact between the student and the examiner, as can be seen today, said Anteneh said Dagnachew. Melesew, database G l o b a l Tr a c k i n g T e c h n o l o g y & A total of 240 exhibitors from administrator of the Investment Plc - a local the public and private sectors Authority. Satisfied by the active company engaged in showcased their products developing software participation of local came up with software and services to an estimated companies, including that can track cargo the government 200,000-strong audience. and shipments for the institutions, Beker, Ministry of Transport projects 200,000 (MoT) and the Ethiopian Revenues & visitors will show up at the Exhibition until Customs Authority (ERCA). closing on Monday, June 10, 2013. The ERCA is planing to deploy an electronic Banteamlak Solomon was one of the visitors cargo tracking system on the 887km Addis who appeared at the exhibition's launching Abeba - Djibouti road, hoping to track and ceremony. monitor transit goods and to combat the After a few minutes of arriving at the pilfering of goods, locally known as qisheba. Exhibition, Banteamlak, who owns a small The practice where criminals take goods off computer maintenance shop, decided to trucks on their way to or from Djibouti, but leave the premises because he could not at a barely noticeable volume, is common find the products he needed - antivirus and in the corridor. games. He stayed longer only because of The same hall had five foreign companies, out the free wifi connection provided by Ethio of six, displaying their products. During the Telecom. last ICT Exhibition, eight foreign companies, from Egypt, UK, China, India and Sudan The nations telecom provider, currently has 22 million mobile phone subscribers, with participated. nearly 65pc living in the capital. Even though However, this time, only four companies from Kenya remains the largest mobile market in China and two companies from India and East Africa, with about 28 million mobile Sudan took part in the Exhibition. subscribers in the first quarter of 2012, Alarmed by the decreasing number of foreign Ethiopia is closing the gap by increasing the companies participating in the Exhibition, number of mobile subscribers by an average Beker, expressed his concern. of 34pc over the last four years. Although we informed the foreign embassies There are also close to 700 licensed residing in Addis Abeba about the exhibition companies in the ICT sector, according to six months ago, the turnout is not very Tamrat Admasu, general manager of the satisfactory, he told Fortune. exhibition centre. Jimma University hopes to The same concern was also raised by Peter get a piece of the pie in the ICT business with Gatkuoth, state minister for the MoCIT, the sale of its software and too Dagnachew who attended the opening ceremony of the hopes to raise the usage of its passport Exhibition. scanner, which has been available in the It is necessary to work together with foreign market for a number of years now.
Photos by: Samuel Habtab
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HUDA Real Estate PLC VACANCY ANNOUNCEMENT

HUDA Real Estate PLC (Member of the MIDROC Ethiopia Technology Group) is looking for a competent and dedicated professional for the following post. Position: Manager, Construction Operations Qualification:............ BSc. Degree in Civil Engineering, Architecture or related field. Experience:............... Minimum 8 years of relevant experience; 3 of which as Project Manager or Co-ordinator on Construction projects. Employment status:.. permanent Required No:............. 1 (One) Salary:....................... As per the companys salary scale and benefits package Place of work:........... Addis Ababa Interested and qualified applicants are invited to submit their nonreturnable applications with CVs and copies of their relevant documents in person to our office located around sarbet at the Mechare Meda Compound within 10 (ten) days of this announcement. Tel: 011 3715700/011 3715693 Mechare Meda Compound (Sarbet)
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Noise Pollution Suspensions

With a number of businesses failing to comply with set standards, temporary closures have been enforced
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By YETNEBERK TADELE FORTUNE STAFF WRITER The Kirkos District Trade & Industry Bureau suspended 30 grocery shops, night clubs, bars and restaurants from service for a month, because of noise pollution issues, inside and outside of their premises. The letter the Bureau wrote to each business, on Monday, June 3, 2013, informed the facilities that the loud noises emanating from them was disturbing residents at night. The Bureaus decision followed an instruction on the same day from the districts Health Bureau, which added that the listed business had failed to comply with the given standard, even after many oral and written warnings. Noise pollution was one of the major claims that people had during discussions we had last January, said a supervision and regulation officer at the districts Health Bureau, who requested anonymity as he is not authorized to comment. They should do business according to the law and regulation of the country, said Nesredin Shafi, head of the Trade & Industry Bureau. Noise pollution is one of them and they should stick to the standard. There are noise standards for Ethiopia
Harar Ber and Aseb Keste Damena hotels, circled above in the picture, are among the 30 night clubs and bars & restaurants suspended by Kirkos District Trade & Industry Bureau for a month.
set by the Federal Environmental Protection Authority, in accordance with WHO guidelines. The loudest permitted noise for residential areas is 55 decibels during the day and 45 decibels at night. For businesses, the limits are 65 decibels and 55 decibel, respectively, while 75 decibels is set for industrial areas, during the day and night. Decibels is a scientific measurement of intensity levels of a
sound on human hearings. A manager at Harar Ber, one of the suspended bars in Kazanchis, however, claims that even if he is playing music loud at night, he is not disturbing anyone, since no residential homes are in that area. After the first written warning, we did what we could to minimise the sound that is heard outside, he said.
However, according to the supervisor of the Health Bureau, the sound is measured not only from outside the house, but also inside. The people who are in the bar, or in the night club, with high sound levels also need to be protected from the sound pollution, said the supervisor. The two bureaus are yet to decide what to do once the month-long suspension is over.
It is the responsibility of the district to ensure the implementation of the standard, said Nesradin. We will see how this temporary decision will affect their behaviour. Kirkos District faces the second biggest noise pollution problem, after Lideta District, according to a 2011 study - Noise Pollution in Addis Abeba - by Forum for Environment.
Addis Ababa University
Calls for Applications for MA and PhD Programmes

MA Programme in Global Studies (with a special emphasis on peace and security in Africa) and PhD Programme in Global and Area Studies (with a special emphasis on peace and security in Africa)
Deadline for application: 30 June, 2013

The MA and PhD programmes are jointly offered by the Global and European Studies Institute of Leipzig University (Germany) and Institute for Peace and Security Studies, Addis Ababa University (Ethiopia). The study programmes are extensions of the Global Studies discipline, an emerging but rapidly growing field dedicated to the study of the globalization processes and will pay particular attention to Africas contemporary peace and security challenges. The programmes integrate the subject of peace and security in Africa with the broader context of comparative analyses of global entanglements both historically and contemporarily. The programmes offer a unique approach by expanding the theoretical and methodological foundations of peace and security and embedding them into the debate on global actors and strategies, New Regionalisms and the changing position of nation-states within the emerging world order. The MA and PhD programmes entail joint teaching and training in Addis Ababa and Leipzig utilizing the faculty of both universities. In the case of the MA programme, the first, third and fourth semesters are scheduled to take place at Addis Ababa University, while the second semester will be offered at Leipzig University. Likewise, the PhD training will take place at both universities based on multiple supervisions, learning agreements, and regular coursework covering a wide range of disciplines.
Please check the following link for further information: www.globalstudies-peaceandsecurity.com
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C O M M E N TA R Y
n Monday, June 3, 2013, Egypts politicians engaged themselves in one of their favourite pastimes; repeating time-worn myths about the Nile River, their ownership of it and their readiness to fight over control of its waters. It happened that President Mohammed Morsi had called a meeting to discuss the issue of Ethiopias supposed diversion of the flow of its Blue Nile River (by about 500 meters from its normal channel) as part of the process of construction of its 4.2 billion dollars Great Ethiopian Renaissance Dam (GERD), now about 21pc complete. An aide to Morsi later apologised for failing to inform the politicians that they were live on air, which allowed viewers to watch them discuss plans to sabotage the dam under construction in Ethiopia. Morsi had called the meeting to review the impact of the project, if any, on Egypts water supply. He did not directly react to the suggestions, but concluded by saying that Egypt respects Ethiopia and its people, and would not engage in any aggressive acts against it. Of particular interest, just some
Is War Over Nile Likely?

Egypt has consistently tended to overestimate its own capacities and needs, and to seriously underrate those of the countries and peoples to the south.
As the dependency of the Nile basin countries on their rural economies wither, the war on the River is becoming less likely, argues Seifulaziz Milas samilas02@yahoo.com a researcher specialising in the countries, peoples, conflicts and development issues of the Nile Basin countries.
three days earlier, the report of an independent panel of experts from Egypt, Ethiopia and Sudan, had concluded that the hydropower dam would not significantly reduce the flow of water reaching Sudan and Egypt, both of who are highly dependent on the Nile waters. This was as expected, as a hydropower dam, does not consume water. The water has to pass through the dams turbines and come out after producing hydropower. However, for decades, Egypt has spent considerable effort on propagating various myths about the Nile, including the myth of Egyptian ownership of the Nile waters based on international law; and the attendant myth that Egypt would respond by war against any upstream country that might dare to interfere with the Nile waters, without its
permission. Egypt justifies its claims to ownership of the Nile waters in reference to two treaties, neither of which are relevant to Ethiopia, the source of the Nile waters. The first is a treaty of 1929 between Britain, which controlled Egypt at the time and needed Egyptian cotton as raw material for its textile industry, and the British colonial governments in the upper Nile basin colonies of Sudan, Uganda, Kenya and Tanganyika. The 1929 treaty prohibited the upstream British colonies in the Nile basin from building water infrastructure on the Nile without Egypts permission. This, of course, was not relevant to Ethiopia which was never a British colony, though it was the source of 85pc of the Nile water reaching Egypt. The second treaty was a bilateral agreement between Egypt and Sudan to divide the Nile waters between the two of them, at the rate of 75pc for Egypt and 25pc for Sudan. Of course, they had every right to divide such water as entered their territory, but this could not affect Ethiopia - the source of most of the water - which was not a party to their bilateral agreement. But they
found this difficult to understand. The GERD has been under construction for the past two years in the Blue Nile gorge, near the border of Sudan, in an area unsuitable for irrigation projects, as any arable land would be at a much higher altitude than the river bed. The dam is expected to produce around 6,000Mw of electricity, making it Africas largest hydroelectric power plant. Egypt claims dependency on the Nile waters as the basis for its development requirements, and the source of 97pc of its water supply. It proclaims the Nile as a strategic priority and its foreign policy focuses on the need to control the Nile flow and maintain the status quo on the regional patterns of water distribution. From strategic perspective, Egypt has always been concerned that control of the Nile flow by others could threaten its own security. But Egypt has consistently tended to overestimate its own capacities and needs, and to seriously underrate those of the countries and peoples
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QUOTES
You live in this world not because of the big powers.

Debretsion Gebremichael, deputy prime minister for economic clusters and minister of Communications & Information Technology (MoCIT), said this explaining the relationship of Ethiopia with global superpowers. Even if each of them tends to impose its will on Ethiopia, Debretsion reflects, Ethiopia opts to rather benefit from all of them, in his exclusive interview with The Africa Report.
By Agnes Binagwaho
Historically, Ethiopia and its neighbors have lived together fruitfully when ideological or ethnic concerns have been muted. When, however, religion, politics, or economic factors have become dominating and unbalancing, the entire region has fallen into mayhem. Should the region split apart, the Era of the Mini-states will make the Age of the Princes appear as a golden epoch! It may take several generations before the logic of geography and history works to recreate the larger political and economic sphere necessary for a better future. In the end, Ethiopia will rise again. ______________________The End__________________ Source: A History of Ethiopia, copyright 1994, Harold G. Marcus.
Delicate Numbers
1,678,220
...the number of people who have taken vaccination against meningitus across Ethiopia, excluding Addis Abeba, since January 2013, according to United Nations Monitoring Group.
way back when . . .
A modern stone bridge on the river Kebena.

Source: The City & Its Architectural Heritage, Addis Ababa 1886-1946.
CONSTRUCTION Wereda to Construct 38m Br Hospital Foundation stone was laid for a hospital to be constructed in Meragna Town, capital of Mida Woremo Wereda, North Shoa Zone of Amhara Regional State with 38 million Br. The regional government is working to help the public benefit from social service in particular in the health sector, according to Firde Cheru, head of regional justice bureau. Upon going fully operational the hospital will give service to 100,000 residents of the wereda and the neighbouring areas including South Wollo Zone. Publication: The Ethiopian Herald, Monday, June 03, 2013. Zone Constructing 15 Health Institutions Construction of 15 health institutions launched at a cost of 100 million Br in West Arssi Zone of Oromia Regional State is well in progress, the zonal health department said. So far 85pc of the construction of three district hospitals and 12 health stations is completed, according to Hirpa Me'echa, deputy department head. Upon going fully operational the facilities will benefit half a million people, he said. The facilities will increase the health coverage in the zone to 90pc from the current 75pc. Publication: The Ethiopian Herald, Monday, June 03, 2013. Towns Undertaking Dev't Projects with 140m Br Construction of different development projects is underway in Adigrat and Wukro Towns in Tigray Regional State with 140 million Br. The budge for implementation of the projects is allocated by the regional government and the respective town administrations, said Tesfalidet Desta, the Town trade and industry office coordinator. The construction of 104km cobble stone and gravel roads is also undertaken with the budget secured in loan from Dedebit Credit and Saving Share Company. Installation of 27km electric cables and water pipelines is underway in the towns. The construction of the projects created 900 jobs for youth. Publication: The Ethiopian Herald, Tuesday, June 04, 2013. WATER Safe Water Facilities Go Operational Fifty five of the 66 safe water facilities being constructed in North Shoa Zone of Oromia Regional State with 18 million Br have gone operational. The construction of the remaining facilities will be completed until late
next June, according to Tekalign Muleta, the zonal water, mines & energy office. The facilities, which are constructed in 12 weredas, have capacity to give service to 170,000 residents for 20 years. Publication: The Ethiopian Herald, Sunday, June 02, 2013. Close to 83m Br worth Safe Water Project Underway Construction of safe water project is well underway in Arbaminch Town of South Ethiopia peoples' State at a cost of 83 million Br. The budget is secured from the World Bank, according to Abebe Arba, Gamogofa Zone and town administration, head said. The project includes digging of water wells, installation of water pipelines and development of springs. The project, which will give service to 90,000 residents, will have capacity to produce 101 liters water a second. Publication: The Ethiopian Herald, Tuesday, June 04, 2013. AGRICULTURE Farmers Secure 28m Br from Honey Sale Farmers engaged in apiary in West Arssi Zone of Oromia Regional State secured 28 million Br from sale of 561,449kg honey during the last nine months of the current fiscal year. The farmers are engaged in apiary side by side with farming, according to Getu Gemeda, head of the zonal animal resource development office. The farmers made use of modern beehives to produce the honey. Close to 44,000 farmers annually benefit from apiary in the zone, he said, adding, activities are underway to enable more farmers engage in bee keeping. Publication: The Ethiopian Herald, Sunday, June 02, 2013. Zone Transplants 34mCoffee Seedlings Close to 34 million coffee seedlings are transplanted in 11 coffee growing weredas of Gujji Zone, Oromia Regional State over the last three months of the current fiscal year. The number of seedlings transplanted on 10,370ha of land during the reported period exceeded by three million that of same period last year. Close to 22,000 farmers of whom 450 are women took part in the seedling transplantation activity. A total of 64,000ha of land is covered with coffee plantation in the zone. Preparations are underway to transplant 40 million coffee seedlings next year in the zone. Publication: The Ethiopian Herald, Monday, June 03, 2013.
There is no greater hindrance to a countrys long-term economic development than childhood undernourishment. When a growing body does not get enough essential vitamins and nutrients, the harmful effects last long into adulthood. In low income countries, diets consist primarily of starches, such as rice, and legumes, like peas, that contain very little protein. Hence even a child with a full belly does not necessarily get the right balance of nutritious food and vitamins required for healthy physical development. This takes an enormous toll. Undernourished children are more susceptible to illness. Children who suffer from severe under-nutrition are 9.5 times more likely to die from diarrhea and 6.4 times more likely to die from pneumonia, according to Uncief. Worldwide, one in four children under the age of five is stunted. There were 165 million stunted children in 2001, equivalent to half the population of the United States. Stunted children often struggle to reach their potential in school and ultimately the workplace, diminishing economic productivity and development. Under-nutrition can cost an individual up to 10pc of his or her potential lifetime earnings, and as much as three percent of a countrys gross domestic product (GDP), according to the World Bank. To combat this problem, we need a multi-pronged approach that marshals all available resources to ensure good nutrition among children. That starts with strong leadership in countries where the challenge is acute. At the same time, ensuring that these efforts translate into better health outcomes requires a revolution in the way families prepare their childrens food. Providing proper nutrition in a childs first thousand days is particularly important. The British medical journal, The Lancet, has described a package of effective interventions to accomplish this. Recommended measures include providing essential vitamins and minerals through enriched foods and supplements; promoting breastfeeding and nutritious complementary feeding for weaning babies; and treating severely malnourished children with therapeutic foods such as specially fortified peanut butter. There is an emerging consensus on the need to address undernutrition worldwide. Last year, the Copenhagen Consensus an esteemed panel of economists including several Nobel Laureates ranked child nutrition as the top priority on its list of cost-effective investments that would improve global welfare. In many low income countries, making these investments will require forging partnerships with foreign governments. Regional collaboration will also be key to fulfilling our commitment to succeed in fighting malnutrition. On June 8, 2013, just ahead of the G-8 Summit, the United Kingdom will convene a summit on nutrition for growth. Leaders from rich and poor countries, foundations, nongovernmental organisations, and private industry will gather to make specific commitments to invest in nutrition. I hope that they will increase their efforts, and that they think hard about how to ensure that all sectors of recipient countries economies benefit through local procurement. Simply flooding markets with cheap high-calorie, low-nutrient grains will never solve chronic malnutrition. A change of mindset among development partners is required, along with long-term commitments to building sustainable, diversified, and equitably distributed systems of food production and distribution. The investments needed to make this happen represent a fraction of most donor assistance to low- and middle-income countries, but would have a massive global impact on human development in the long term. All of these efforts production of affordable and nutritious food, ensuring its availability everywhere, and education about how to prepare it will be essential if countries are to succeed in ensuring that children receive the nourishment they need to live healthy and productive lives. Our job will not be finished until every child is assured a healthy and balanced diet and the opportunity to reach his or her full potential. ................................................................................................... Agnes Binagwaho is the Minister of Health for Rwanda. She is also a senior lecturer at Harvard Medical School and a clinical professor of Pediatrics at the Geisel School of Medicine at Dartmouth College, both in United States. This commentary is provided to Fortune by Project Syndicate under the Visionary Voices commentary series.
The Nutrition Job
C O M M E N TA R Y
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Africa has a lot to learn from the East Asian model of economic development, which stands in complete contrast to the Washington Consensus, argues Joseph Stiglitz, a Nobel Laureate and professor of economics at Columbia University, United States.
rom June 1 to 3, 2013, Japan hosted the fifth meeting of the Tokyo International Cooperation on African Development (TICAD). The meeting is a reminder that, while the rest of the world obsesses over Europes economic travails, Americas political paralysis, and the growth slowdown in China and other emerging markets, there remains a region - Sub-Saharan Africa - where poverty is almost the rule, not the exception. From 1990 to 2010, the number of people living in poverty (1.25 dollars per day) across Sub-Saharan Africa rose from less than 300 million to nearly 425 million, while the number living on less than two dollars a day grew from about 390 million to almost 600 million. Still, the proportion of those living in poverty declined from 57pc to 49pc in this period. Developed countries have repeatedly broken their promises of aid or trade. Yet Japan, still suffering from two decades of economic malaise, has some how managed to remain actively engaged - not because of its strategic interests, but in order to meet a genuine moral imperative, namely that those who are better off should help those in need. Africa today presents a mixed picture. There are some notable successes - from 2007 to 2011, five of the worlds 10 fastest-growing countries with a population of more
By Gulshan Soni
East Asian Lessons for Africa

African governments must undertake industrial policies to help restructure their economies.
than 10 million were in Africa. And their progress has not been based solely on natural resources. Among the best-performing countries have been Ethiopia, where gross domestic product (GDP) grew by roughly 10pc annually in the five years ending in 2011, and Rwanda, Tanzania, and Uganda, where annual output has grown by more than six percent for a decade or more. But, while some sources indicate that there are now more middle-class families in Africa (defined as having annual incomes in excess of 20,000 dollars) than in India, the continent also contains countries with the worlds highest levels of inequality. Agriculture, on which so many of the poor depend, has not been doing well. Yields per hectare have been stagnating. Only five percent of arable and permanent cropland is irrigated, compared to 39pc in South Asia and 29pc in East Asia. Fertiliser use in Africa amounts to just 13kg per hectare, compared to 90kg in South Asia and 190kg in East Asia. Most disappointing, even countries that have put their macroeconomic house in order and have made progress in governance have found it difficult to attract investment outside of the natural-resource sector. Japans engagement is particularly important not only in terms of money and moral support, but also because Africa may learn something from East Asias development experience. This may be particularly relevant today, with Chinas rising wages and appreciating exchange rate underscoring rapid change in global comparative and competitive advantage. Some manufacturing will move out of China, and Africa has a chance of capturing some fraction of it. This is especially significant, given that, over the last 30 years, SubSaharan Africa has suffered from de-industrialisation. Indeed, by the late 2000s - owing partly to the structural-adjustment policies pushed by the international financial institutions - manufacturing as a share of GDP in developing African economies was lower than it was in 1980. But a manufacturing boom will not happen by itself. African governments must undertake industrial policies to help restructure their economies. Such policies have been controversial. Some argue that government is not good at picking winners. Some argue that it makes no difference whether a country produces potato chips or computer chips. Both perspectives are misguided. The purpose of such policies is to address well-known limitations in markets - for example, the important learning externalities, as skills relevant to one industry benefit nearby industries. The goal of industrial policies is to identify these spillovers, and governments have done a very credible job in this respect. In the United States, the government promoted agriculture in the n19th century; supported the first telegraph line (between Baltimore and Washington, demonstrated in 1844) and the first transcontinental line, thereby launching the telecommunications revolution; and then nurtured the Internet revolution. Inevitably, government - through its infrastructure, laws and regulations (including taxation), and education system - shapes the economy. For example, American tax and bankruptcy laws, combined with deregulation policies, effectively encouraged the creation of a hypertrophied financial sector. With resources so scarce, developing countries cannot afford the luxury of such waste. They have to think carefully about the future direction of their economies - about their dynamic comparative advantages. The worlds most successful developing countries - those in East Asia - did just this, and among
Is Simple Life Possible?

he key to success lies in the balance of the office and home, and their distinctions. There was a time when the boundaries between office and home were fairly clear. These days, however, work is likely to invade ones personal life. Thus, maintaining the work-home balance is no simple task. Yet, maintaining such a balance life is not out of reach. One could start by evaluating the personal relationship to work. Then, specific strategies to help strike a healthier balance could be applied. When an individual maintains a balance between her personal and professional life, the phenomenon is often termed work-life balance. This expression is worthy because it is very important to have a balance between personal and professional lives. After all, this balance is at the forefront of the world of work. Therein comes the importance of the old adage that, money cannot buy happiness. Evidently, however, failure to having money certainly
VIEWPOINT
Finding ways to simplify our lives is important and a large part of it resides in changing our life styles.
could not buy happiness either. Jobs might provide us with income but no job is worth throwing away personal life for. At the end of the day, if our job requires to work long hours and weekends that disrupt our personal life, we ought to either need to figure out how to get the proper balance or decide if this is the right job for us. Rich as it is, the relationship between personal and professional lives can sometimes be rocky. Similarly, maintaining the work-life balance is often tricky. I experienced this recently when, within few weeks of declaring some audacious goals for my business,
a routine mammogram turned up some abnormalities. In the following weeks, I had additional mammography, a biopsy and surgery, with the happy outcome that the abnormalities were benign. I wanted to put the experience behind me and get back to work, full speed ahead. The problem was that I did not feel like it. I enjoyed my consulting job and my speaking engagements, but I dreaded the creative and analytic work related to teleclasses and internet marketing. Although I tried, I just did not have the energy for these projects. On the life side, I felt I needed time and energy for processing renewal and restoring my inner balance; on the work side, I felt I needed to make up for lost time. I have been caught between the promptings of my spirit and the requirements of my business, more than a few times. And I did know that success formulas do not help . I also knew that we businesspeople
ought to take care of ourselves and our business if we are willing to continue to work. But eventually, I come to strike the good balance. Later, however, I struggled to know what helped me get at the required point. It then came to me that striking the balance between professional and personal lives involves multiple factors. Progressive employers recognise the value of good employees and many are willing to find ways to help current employees deal with shortterm or permanent changes caused by family situations. The changes can include flextime, job sharing, telecommunicating, or part-time employment. It is very important to research employers policies and adopting to it. Crafting a work plan that adapts to these policies will eventually make employees be more valuable and productive.
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Let Trust Prevail Over the Nile Waters

The clouds over the Nile waters have become denser, after the Administration of Hailemariam Desalegn announced the change in course of the Blue Nile River - locally named Abay - in order to create a favourable surface condition for the construction of the Great Ethiopian Renaissance Dam (GERD). Uproars of conservative cautions from Egypt have filled the air ever since. Reports from Sudan - the third major player on the issue - demonstrate indifference. Ethiopian officials, on the other hand, stood on the defensive. Their argument over the concerns of the lower riparian nations continues along similar lines to that of their great leader, Meles Zenawi. It has been ongoing ever since the Ethiopian government, under Meles, announced its plans to construct a mega dam on the sacred waters, with the intention of generating close to 6,000Mw of hydroelectric power. The project, estimated to cost over 4.2 billion dollars, is said to connect East Africa with an electricity supply chain. For a nation that has for a long time been living under a losers mindset, benefiting less from a river that originates in its own highlands, the announcement was a rare signal of national resurgence. Meles was taken as the heroic political figure behind the grand ambition and, hence, the creation of the now popular expression - a hero who tested Abay. Ethiopians of all colour supported the project with full commitment. They took it as a symbol of their nationalism. And it remains a project that transcends all lines of local differences. Of course, although small, there are still segments of society who consider the project to be an improper and untimely investment. These include scholars, who see it as a high risk-low return engagement, which could create inflationary build-up in the national economy. Other projects on the shelves of policymakers ought to be given priority, they continue to argue. Since the disclosure of the plan, Egyptians, whose economy is overly dependent on the waters of the Nile - a merger of the White and Blue Niles, with the latter contributing about 85pc of the flows - continued to express their concerns about the impact of the Ethiopian project. Tracing its origins from two colonial agreements that divide the water between Sudan and Egypt, their argument entails that their veto power over any development on the river ought to be maintained. Threats of a military strike on Ethiopia were also prevalent, especially during the reign of Hosni Mubarak, who was later ousted through a popular uprising. A similar inclination seems to remain within certain sections of the Egyptian elite, as was disclosed by the unfortunate live broadcasting of the meeting that Mohammed Morsi, the post-revolution elected successor of Mubarak, had with leaders of political opposition parties, last week. Seemingly, Meles and his officials were optimistic about the potential for collaborative development of the water resources. They even presented all downstream riparian nations with a window of opportunity to invest in the grand project. Underlining their determination to employ the waters for the development of the very nation they govern, they stated time and time again, however, that the waters were enough for all the peoples of the riparian nations, as long as their development is undertaken in collaboration. This same stance was reflected by both Hailemariam, the handpicked successor of the late Meles, and his subordinates, even during the past weeks of speculation. His meeting with Moris at the 50th anniversary of the African Union (AU), in Addis Abeba, was used for the purpose of reassuring the Egyptian chief that the grand project would not harm the interests of his nation, nor those of Sudan. Creating a platform of mutual understanding over the project was one of the objectives for establishing an International Panel of Experts (IPoE) - a 10-strong group of intellectuals,
Op-ed Notes
Currency of Doubt
Economic differentials have largely defined the relevance of currencies that countries trade with. So too have political, geographic, societal and cultural premises shaped the nature of the political systems experienced within different countries. If there is one thing that systems and individuals share, as a common currency of existence, it is insecurity. As vital as it is to define individual behaviors, insecurity is the gravitational force that binds differing aspects of reality. Individuals are pictograms of their inner doubts. Whatever they do can easily be interconnected within these binds of insecurities. It is no less applicable to systems. Many of the policies and strategies of governments are manifestations of the deeply ingrained systemic fissures, but as felt by the ranks and files. Whether clearly inscribed in laws or expressed indirectly through public speeches, most governmental outputs are declarations of insecurity. Amazingly, such fault lines of doubt exist in all manner of different countries. From policy briefs by the congressional research teams in the United States to blog posts by exiled Nigerian secessionist movements, from twits by extremists in Pakistan to projections by European economists, from Chinese product ratings to Russian literary critics, the voices of the world echo the alarms of uncertainty. Deeply ingrained within the talks and acts of individuals is the intensity of their doubts. Individual life is heavily dependent on a sensitivity to security. Often, insecurity overwhelms reason to the extent that this currency of doubt has a market value equivalent to our emotions. Seldom does reason, bound by doubts and emotions, surface to its fullest extent. However, the good and bad elements of our days are eventualities of decisions made against insecurities. A simple reverse analysis of our decisions can help us to observe the full picture of the uncertainty felt by individuals and the pattern of analysis they have undertaken to
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reach various conclusions. So far as the global economic structure is formed by the forces of demand and supply, which are aggregate metrics of individual preferences, it is also reflective of individual or societal doubts. A decline in demand shows the relative certainty that individuals have in the future supply of a commodity, if not their disinterest in using it. Similarly, an increase in supply denominates the reduction in misgivings over the sources of a commodity. By and large, the intensity of insecurity that people feel about a product will rightly be captured by the market and reflected in its market price. In responding to the doubts of the economic system, businesses will be exposing their own insecurities. Whereas a bank run defines insecurity towards future productivity, backlogs of manufacturing orders demonstrates fail-safe prospects. Yet, no business leader would like to accept the fact that their decision is a direct reflection of their companys uncertainty profile. For governments, the methods of expressing doubts vary, as do the doubts themselves. From regulatory surprises to unusual public discussions, the craters of disbelief are numerous. Hence, complete understanding of the matrix of insecurities requires reverse analysis of policies, strategies, laws, directives and even public speeches. It is only then that this spectrum of doubts can rightly be discerned and each wise reaction built upon. It may all seem rather impractical and illusive. Yet, it is not. A simple understanding of the value of uncertainty can be assessed within the feeling that one might have in reading this opinion piece. Where does that feeling come from? Is it not sourced from the deeply ingrained fear, frustration, skepticism and, ultimately, doubt about something or someone? Surprisingly, major achievements in the world are undertaken in the fight against fear. It is a not too startling reality that most Nobel Prize winning scientists
have capitalised on deep-seated uncertainties. Fear has often been their utmost motivation. Yet, good ends are not always true of insecurities. In most systemic cases, doubts are followed by preeminent attacks on the opposition. It often leads to creative destruction and destabilises the status quo. Sometimes, it creates a domino effect that transcends both economic and political boundaries. At an individual level, insecurities are the fuel of life. It would be monotonous without them. They establish beauty, serendipity and harmony. They also form imbalance, inconvenience and challenges. It is by no means possible, or desirable, to skip over doubts as mere feelings. It is rather advisable to face them upfront and capitalise on them. Unlike the usual trend of trying to suppress them, the best approach is to reveal them in all possible ways, with confidence, and deploy them for a happy ending. Sure, societies burden individual insecurities with expectations. They might even use them to set standards of social status. As is the case in Ethiopia, disclosing doubts may even be considered as inferiority. The truth, however, is far detached. It is preferable to face insecurities that have grown into emotions, rather than living the life of inefficiency by suppressing them. It is wise to receive the market price of doubts, rather than bearing the cost of ignoring them. No different is the case with businesses. It is better to monetise doubts, as is the case with insurance companies, rather than deny their very existence. So would it be more beneficial to make doubts public, rather than paying the cost of institutionalising them? After all, insecurity is the only available natural measure of life. As it goes up, life gets worrisome; as it goes down, life gets blissful. Why disown such a powerful gauge? Getachew T. Alemu is the Op-Ed Editor for Fortune . He can be contacted at getachew@ addisfortune.com.
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two from each of the three countries and four from the world over - in order to come up with an independent evaluation of the impacts of the project. It is with the submission of this report, by the IPoE, to the governments of the three states, that the clouds over the Nile have become denser once more. If official government statements are anything to go by, a reasonable assurance seems to have emerged over the impacts. Differences remain, however, within detailed hydrological technicalities. What remains worrisome is the fact that the debates over the waters are still limited to the resources themselves. Nothing of macroeconomic significance is being raised by the multiple stakeholders, except some think tanks in Egypt and Ethiopia. The three riparian nations of the Nile account for a gross domestic product (GDP) of 721.3 billion dollars. A large portion (537.8 billion dollars) is contributed by Egypt, while Sudan and Ethiopia run economies with 80.4 billion dollars and 103.1 billion dollars, respectively. Structurally, the economies are largely complementary. The Egyptian economy is driven by a service sector, with a share to GDP ratio of 47.9pc, followed by industry (37.4pc) and agriculture (14.7pc). Ethiopian GDP, on the other hand, gets its mainstay from agriculture (46.6pc), in which services and industry contribute their fair share, 38.8pc and 14.6pc, respectively. Sudan seems to have a service driven economy, with a share to GDP ratio of 43pc, complemented by agriculture (32pc) and industry (25pc), in that order. Despite the natural complementarities of the economies, economic growth has been a mere pipedream in all nations bar Ethiopia. The Egyptian economy recorded a growth of only two percent, in 2011/12, while Sudan witnessed an economic decline. In contrast, Ethiopia has been growing at an average of 11.1pc over the last nine years. Beyond the Nile waters, there are enough ingredients for the economies of the three nations to integrate into a regional economic block. And it should be this economic integration that the nations governments focus on. Of course, the water of the Nile could serve as a natural link for economic cooperation. Yet, at the base of the cooperation ought to lay the deployment of the comparative economic advantages of the nations. The industrial and service base of Egypt, the labour base of Ethiopia and the agricultural base of Sudan could be joined to create an effective basinbased economic cooperation region. Such a plan would be in the interests of the economies of the nations and the sustainability of the Nile River. By virtue of this plan, the countries could reduce the alarmingly increasing unemployment rate, which on average stands at 15.3pc. They could also improve their average per capital GDP, which, currently, is at 3,200 dollars. As much as the sustainability of the Nile River faces challenges, including climate change, such an economic cooperation could also pave the road towards a joint investment on resource management. This would entail investing on catchment treatment, soil erosion reduction, improvement of ground water tables, reduction of siltation and enhancing water flow. Although economic cooperation is the best solution, it cannot be achieved without mutual trust. Hence, the governments of the nations ought to display sufficient political commitment in pushing the walls of negotiation, as much as possible. What seems to be at stake for them is the attempt to explore all the available evidences, evaluate them with a rational mind and arrive at a workable consensus, which could bring a win-win-win case on the use of the common resource for economic development. In all of these cases, however, the nations ought to let evidence and trust prevail over mere political rhetoric.
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From
Carestones
to
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thiopians like to express their feelings through sayings and songs. There was one unforgettable song, expressing the feelings of the people on urban redevelopment. The song has lyrics that go something like - All the fascist are chased out, except one who remained behind to demolish our houses. This was the gist of the idea the singers were trying to put across about a certain Italian engineer, called Minas, during the post-war period in Addis Abeba. Addis was at its embryonic stage of introducing roads for motor vehicles and horse-drawn carts. It was growing rather haphazardly. Minas and his crew of surveyors had to walk around the nooks and crannies of villages, throwing out orders to demolish or move houses that were obstructions to their plans. Hence the satire in the song. Later, when master plans become the norm, the same story of demolishing was repeated. Each master plan would be revised to fit with the new demands of modernity. The revision and the process of rehabilitating the villages has become almost perennial to this day. With the passage of time, land became an economic commodity. In the absence of a modern tenure system, land owners developed the habit of fencing off their holdings, sometimes bribing government officials. Greedy land owners went as far as blocking paths and backstreet labyrinths, in order to optimise their accruals from the plot of land. They were narrowing down passageways. In the old days, Minas and his crew would show up time and time again to demolish the fences or the houses, if needs be. The routine went on for years. Then came the cholera epidemic. Ambulances and damping trucks had to find roadways, in order to access the victims of the disease. The Cholera Demolishing Campaign of widening paths and constructing new access roads was officially launched
Arada
By Girma Feyissa
Cobblestones
The use of cobblestones to pave access roads between woredas has become the latest trend in Addis Abeba. This compares to the historic use of Care stones for paving roads during the imperial era. As much as the latter is being retired, the former is giving the capital of Africa a totally new face.
Photo: Fortune File
With times, the approaches to the construction of access roads have also changed. The practice that once used to employ carestones (upper) has now settled for the rather soft breeds, cobblestones (lower).
by city officials. Fences had to be demolished again to be re-fenced once more, after the dust had settled. Then came the Carestone project. This was a project that involved members of the community and an NGO, conveniently known as Care. This organisation was contributing the lions share of the costs and involving men and women living in the respective villages, who were
There has always been a misconception, or an unfair outlook, towards any manual work in our culture.
able to earn wages in lieu of their manual labor. Muddy paths and village tracks were dressed with big stones and rock quarries, following the standards passed down by district engineers. Carestone passages and access roads were best known, not only for protecting pedestrians from walking through muddy alleyways and paths, but also for their services in keeping
CITY LIFE
away fence shifters and forcing them to remain put. Time has changed. Carestones are now being retired and put to use for other masonry purposes. They are being replaced by cobblestones. The Addis Abeba City Roads Authority (AACRA), in collaboration with development committees established voluntarily - is doing a very commendable job in running cobble stone road projects in many parts of the capital. Cobblestones have been recently nick named bread earning stones. At first, constructing cobble stone roads was taken as a downgrading engagement. There has always been a misconception, or an unfair outlook, towards any manual work in our culture. There were even times when the students joining the Technical Vocational Education and Training (TVET) centre, around Mexico Square, were looked down upon. Nowadays, attitudes are changing. Cobble stone layers are earning good money. There are also those working at the quarries, breaking down rocks to the desired size and shape. Others are engaged in loading and unloading them. Before cobblestones are finally laid down in the villages, some grading and leveling work is done, to be followed by constructing drainage ditches and spreading gravel. This will then be compressed by rollers, in order to keep the material intact and in good shape. The laying of cobblestones is done artistically, if you will. The layers follow certain designs and patterns of symmetry. Sand is spread over the cobblestone to serve as a binding material, in case the rain falls to flood them away. Where cobblestones have now been laid, every villager, pedestrian and motorist is able to walk on clean shoes. Erosion of soil in these villages has become a distant memory, and all of this comes courtesy of the engineer, Fekade Haile, the general manager of the AACRA, and his colleagues. Addis Abeba is nowadays living up to its name - new flower.
Photo: Fortune File
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N E W S
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Ethiopia Accepts Nile Dam Report as Egypt Calls for More Studies
thiopias government said it is satisfied with an international study on a hydropower dam on the Blue Nile River that Egypt said was insufficient to assess the projects impact on downstream nations. Ethiopia, source of one of the two tributaries of the Nile River, may start filling the Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile by 2015. The 80 billion Br (4.3 billion dollars) state-owned
hydropower project may begin generating electricity in 2015 and is set for completion in June 2017. Construction began two years ago. Four neutral experts and four each from Ethiopia and the two downstream nations, Sudan and Egypt, submitted their final report to the governments, Ethiopian Government spokesman Bereket Simon said. The panel found the project and design were of an international standard, he said in a phone interview last week from Addis
Abeba, the capital. We are happy with the outcome, Bereket said. They did not say any negative things about it. Once completed, the project will be Africas largest power plant with the capacity to generate 6,000Mw. Egypt, which relies on the Nile for almost all of its water, has historically opposed upstream projects on the worlds longest river. The committee found studies from the
Ethiopian side did not clarify in detail the impacts of the dam, the Egyptian presidency said in a statement on its Facebook site. The committees report suggested urgent action for the countries to agree on steps to prevent negative consequences from the dam, it said. Egyptian President Mohamed Mursi urged quick action to handle the situation before there is any further construction of the dam, it said.
Ethiopia has said it will take five to six years to fill the 74 billion cubic meter reservoir. The downstream flow of water is not going to be a serious problem, Bereket said. The report recommended the environmental impact of the dam on downstream nations should be examined, Bereket said. Ethiopia wants to engage in further dialogue on the project, which will be financed entirely from domestic funds, he said. (Bloomberg)
A nn o u nce m en t s
COMMERCIAL BANK OF ETHIOPIA
International Competitive Bid (ICB)

Bid No. 02/2013/14
1. Commercial Bank of Ethiopia (CBE) invites all interested bidders by this International Competitive Bid (ICB) for the supply of various types of Bank formats on the basis of one year supply long term agreement 2. The Bid document shall be obtained from Procurement Sub-Process, cited at Commercial Bank of Ethiopia, Facilities Management Building, near Vatican Embassy, next to Gibson Youth Academy, 1st Floor, Room No. 101 against payment of a non-refundable fee of Birr 500.00 (five hundred birr) only during office hours (Monday to Friday 8:00-12:00a.m., 1:004:30p.m.; and Saturday 8:00-11:45a.m.). Presentation copy of renewed Trade License, Tax Clearance Certificate and VAT Registration Certificate is a must. Any foreign company is obliged to have local agent who has the mentioned licenses and power of attorney. 3. Bid proposal shall be accompanied by a bid security amounting to Birr 200,000.00 (two hundred thousand birr) or equivalent in USD or Euro or Pound Sterling in the form of unconditional Bank Guarantee or Cash Payment Order (C.P.O). Bid security in any other form is not acceptable. Securities issued by foreign banks shall be counter-guaranteed by an Ethiopian Bank. 4. All bids must be deposited in the tender box prepared for this purpose at Procurement Sub-Process, cited at Commercial Bank of Ethiopia during office hours before July 11, 2013 at 10:00 a.m. 5. Bid opening shall be held in the presence of bidders and/or their legal agents who wish to attend, on July 11, 2013 at 10:30 a.m. at the place mentioned under no. 2 above. 6. Failure to comply any of the conditions from 2 to 4 above shall result in automatic rejection. 7. Interested eligible bidders may obtain further information from the office of Procurement, P.O. Box 255, Addis Ababa, Ethiopia, Tel. 251-11-372-2858, 251-11-372-28-47, Fax 251-11-372-28-89, www.combanketh.com 8. The CBE reserves the right to accept or reject any or all bids.
INVITATION TO BID
AFRICA Management Development Programme (AMADEP)

Center of Excellence in Programme /Project Management, Project Finance, Financial Management and Procurement
AMADEP 2013 Special Regional Trainings Programme in Addis Ababa, Ethiopia
Our special trainings programme has created a great opportunity for sharing of experiences with participants from Sierra Leone, Lesotho, Tanzania, Swaziland, Sudan and Ethiopia and continuously creating an opportunity for trainees to share experiences from different countries and projects, different funding for public and private sector programmes, multi-sector and multi-cultural exposure and learning environment. Our programme has different options with high flexibility to accommodate our clients interest. The upcoming trainings calendar is as follows: Project Finance, Risk Management, Financial Management and Budgetary Control (June 24- 28, July 8-12, August 12-16, September 30 - October 11, November 11-15, November 25-29). Procurement of Goods and Services (June 24-28, September 2-13, October 28-November 1). Programme/Project Management (September 2-13, October 28- November 1). To encourage local participation, the training fee with special discount for trainees from institutions based in Ethiopia is Birr 9,000 for intensive one week training and Birr 15,000 for two weeks training to cover fee and training materials. Please kindly visit our website: www.finmas-ms.com. On line registration is available.
Register Now!!
Contact: FinMAS OSAC Business Tower, 2nd floor, Nifas Silk Lafto Sub City Woreda 01, Lebu P.O. Box 282 Code 1032 Addis Ababa, Ethiopia Tel: +251-911-11 81 35, 251-118-10 26 67 E-mail: finmas@finmas-ms.com; matshamo@yahoo.com Web site: www.finmas-ms.com
Photo: Fortune File
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C O M M E N TA R Y
The global gold rush is ending as the commodity could not effectively replace currencies, writes Nouriel Roubini, professor of economics at the New York University, in this commentary submitted to Fortune by Project Syndicate.
Global Gold Rush Subsides T

he run-up in gold prices in recent years - from 800 dollars per ounce in early 2009 to above 1,900 dollars in the fall of 2011 - had all the features of a bubble. And now, like all asset price surges that are divorced from the fundamentals of supply and demand, the gold bubble is deflating. At the peak, gold bugs - a combination of paranoid investors and others with a fear-based political agenda - were happily predicting gold prices going to 2,000 dollars, 3,000 dollars, and even to 5,000 dollars in a matter of years. But prices have moved mostly downward since then. In April, gold was selling for close to 1,300 dollars per ounce - and the price is still hovering below 1,400 dollars, an almost 30pc drop from the 2011 high. There are many reasons why the bubble has burst, and why gold prices are likely to move much lower, toward 1,000 dollars by 2015. Gold prices tend to spike when there are serious economic, financial, and geopolitical risks in the global economy. During the global financial
By Philip Stevens While gold prices may temporarily move higher in the next few years, they will eventually trend lower over time as the global economy mends itself.
crisis, even the safety of bank deposits and government bonds was in doubt for some investors. If you worry about financial Armageddon, it is indeed metaphorically the time to stock your bunker with guns, ammunition, canned food, and gold bars. But, even in that dire scenario, gold might be a poor investment. Indeed, at the peak of the global financial crisis in 2008 and 2009, gold prices fell sharply a few times. In an extreme credit crunch, leveraged purchases of gold cause forced sales, because any price correction triggers margin calls. As a result, gold can be very volatile - upward and downward - at the peak of a crisis. Gold performs best when there is a risk of high inflation, as its popularity as a store of value increases. But,
despite very aggressive monetary policy by many central banks successive rounds of quantitative easing have doubled, or even tripled, the money supply in most advanced economies global inflation is actually low and falling further. The reason is simple: while base money is soaring, the velocity of money has collapsed, with banks hoarding the liquidity in the form of excess reserves. Ongoing private and public debt deleveraging has kept global demand growth below that of supply. Thus, firms have little pricing power, owing to excess capacity, while workers bargaining power is low, owing to high unemployment. Moreover, trade unions continue to weaken, while globalisation has led to cheap production of laborintensive goods in China and other emerging markets, depressing the wages and job prospects of unskilled workers in advanced economies. With little wage inflation, high goods inflation is unlikely. If anything, inflation is now falling further globally as commodity prices adjust downward in response to weak
global growth. And gold is following the fall in actual and expected inflation. Unlike other assets, gold does not provide any income. Whereas equities have dividends, bonds have coupons, and homes provide rents, gold is solely a play on capital appreciation. Now that the global economy is recovering, other assets equities or even revived real estate thus provide higher returns. Indeed, United States and global equities have vastly outperformed gold since the sharp rise in gold prices in early 2009. Gold prices rose sharply when real (inflation-adjusted) interest rates became increasingly negative after successive rounds of quantitative easing. The time to buy gold is when the real returns on cash and bonds are negative and falling. But the more positive outlook about the US and the global economy implies that over time the Federal Reserve and other central banks will exit from quantitative easing and zero policy rates, which means that real rates will rise, rather than fall.
VIEWPOINT
Mixed Health Systems Thrive Longer
High-Level Panel cochaired by the Presidents of Indonesia and Liberia and the Prime Minister of United Kingdom presented in New York, United States, their report last week on where the United Nations (UN) should focus its fight against poverty after the Millennium Development Goals (MDGs) expire in 2015. High up the list is a desire for all countries to institute universal healthcare that would give everyone access at low or no cost. Given that about half of all healthcare in Africa is paid for directly by patients (37pc in Ethiopia) rather than by insurance or the government, universal coverage seems like a sensible way of reducing poverty. Nevertheless, there is some debate about how best to achieve that. Powerful Non-Governmental Organizations (NGOs), such as Oxfam, believe it can be provided only by governments and should be financed by tax and foreign aid. These organisations are using their lobbying power to push African countries in this direction. It would be a mistake, however, for rapidly-growing African countries to rely too heavily on their public sector for healthcare. When the first state universal health services were introduced in
In countries with weak rule of law, corruption is likely to remain a perennial problem with statedominated health systems.
places such as the UK in the 1940s, circumstances were very different. They dealt mainly with infectious diseases and people generally did not live much beyond retirement at 65. Medical technology was rudimentary and patients were used to being given directions by the government after years of war and rebuilding. It seemed to make sense for the government to ensure that everyone got equal treatment. Nowadays, most Western state health systems cost over seven percent of gross domestic product (GDP). Today, average life expectancies in Africa are rapidly increasing (about 60 in Ethiopia), with longterm conditions such as heart disease and diabetes replacing infectious disease as the most common health problems. The past 50 years have seen a revolution in medical technology and expense. Patients are now more demanding and are used to choice. All this adds
considerable new complexity. It is not clear that dysfunctional public sectors are up to providing universal health coverage. A salutary warning comes from Indonesia, which, in November, launched its own universal healthcare. In its first week in Jakarta, alreadyoverstretched public hospitals descended into chaos as patients queued up for free treatment. It is also reported that politicians and officials ensure preferential treatment for their families, while millions are unable to get access. In countries with weak rule of law, corruption is likely to remain a perennial problem with statedominated health systems. Oxfams recipe for governmentdominated universal healthcare ignores other successful models around the world, many of which embrace the private sector. According to the Health Consumer Powerhouse in Sweden, European countries with a greater mix of private and public provision score highest for patient satisfaction. Likewise, mixed systems have proven quicker at adopting new technology - a vital consideration for ageing populations suffering from non-infectious illnesses such as cancer and heart disease. In 20 years time, Africas demography will
look very different as people live longer and better due to economic growth. The final question is cost. As developing countries struggle to widen their tax bases while Western governments reduce foreign aid, it would be unwise to undertake huge open-ended health liabilities for their entire population. While there is certainly a case that governments should help the poorest and most vulnerable, insurance and other pre-payment schemes will be vital to ensure financial sustainability for everyone else. Separating the payer and provider in this way promotes competition and choice - powerful drivers of efficiency and improvement. This is key to the success of the highperforming systems in Europe and will be vital to ensure financial sustainability. The UNs promotion of universal healthcare is a positive step but governments need to ensure their health systems can meet the demands of the next 50 years. That means treating Oxfams advice with a healthy dose of scepticism. ......................................................... Philip Stevens is director of the Emerging Markets Health Network at the Institute for Democracy and Economic Affairs in Kuala Lumpur.
A d v e r t o r i a l
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UNITED NATIONS CHILDREN'S FUND ETHIOPIA COUNTRY OFFICE VACANCY NOTICE NO.59 ECO/VN 59/2013 WHEN APPLYING PLEASE QUOTE THE POST TITLE AND VACANCY NOTICE No 59. as follows: C4D Specialist, Addis Ababa, ECO/VN 59/2013)
POST TITLE/No C4D Specialist-Health (13031) C4D Specialist-Nutrition (13032) C4D Specialist-Education & Protection (13033) C4D Specialist-WASH (13034) LEVEL NO-C DUTY STATION Addis Ababa CONT. STATUS Fixed-Term (FT) CLOSING DATE 17 June2013
The United Nations Childrens Fund (UNICEF), the worlds leading organization working for the rights of children, is inviting applications for the this position. Purpose of the post Under the Direct supervision of Section Chief, to identify and address the behavioural and social determinants related to the programmes development and emergency related results and support the creation of an enabling environment for sustainable outcomes through strategic planning; research, monitoring; partnerships; material development; capacity development; resource mobilization and management. To ensure coherence of sector C4D activities within the overall country programme C4D strategy, and to undertake responsibility for the management of designated integrated cross-sector C4D interventions on behalf of all UNICEF programmes. Major Duties and Responsibilities of this post include: 1. Strategic Planning In collaboration with UNICEF Programme staff and relevant government sector staff, participates in the development of sectoral workplans (both development and emergency-related) to ensure the design and incorporation of specific Communication for Development components with objectives and activities aimed at different levels: (a) Behaviour development/change individual/household/facility levels; (b) Community participation, social change and collective action at community level; and (c) Social mobilization of community based organizations and advocacy for decision makers; 2. Cross-Programme Collaboration and Integration Participates in cross-programme planning and monitoring with other programme and C4D colleagues to ensure coherence of sector C4D development and emergencyrelated activities within the overall country programme C4D strategy. Undertakes the management of specific cross-cutting Programme Cooperation Agreements on behalf of all Sector programmes. 3. Regional Technical Support and Field Monitoring Provides support to and monitors C4D development and emergency-related activities through ensuring the design and application of pre and post intervention assessments, frequent visits to project sites. 4. Material Development Identifies the sectors need for C4D development and emergency-related materials of various types including print, audio/radio and video/TV. Ensures quality of sector content in C4D materials in alignment with other material development processes to ensure integration particularly for common communication channels and participant groups. Guides the process of C4D material development, design and oversight of consultative processes with relevant stakeholders, arranging translations into local language(s) for different participant groups, pretesting, selecting appropriate formats and managing production and distribution to participant groups. 5. Partnership Management and Innovation Supports and manages partnerships with various government, private sector and civil society entities eg. religious groups, traditional leaders, womens groups, youth networks, and other organized groups in the community), to secure their involvement in the design. Ensures integration of C4D focus within existing or emerging sector partnerships. Supports the identification, recruitment and supervision of technical resources and consultants, as necessary to support C4D activities.
Supports and monitors the introduction of new/innovative approaches and initiatives in C4D. 6. Formative Research, Situation Analysis and Evaluation In collaboration with partners, supports formative research including behavioural analysis, communication context analysis and mapping of communication channels. Also contributes towards the preparation of Country Programme/sector Situation Analysis by compiling data, analyzing information, and contributing to the writing of C4D components of the Analysis. Contributes to the planning and implementation of the evaluation of C4D development and emergency related interventions including the development and application of relevant indicators and data collection instruments and analysis. Assists in the dissemination and review of communication research findings to inform programme strategies and interventions. 7. Capacity Development Supports needs assessments, strategy and training material development including exchange of experiences, to build capacity in participatory behavior and social change communication, for government and other partners at the regional and national level, to ensure development and emergency-related results are sustainably met. 8. Resource Mobilization, Budget, Supply and Cash Management Ensures mainstreaming of C4D components in sector donor proposals; plans and monitors the use of budgetary and donor resources for C4D activities. Ensures the accurate and timely input of financial information in the computerized programme system, certifies disbursements of funds, 9. Programme Reviews and Reporting Participates and provides inputs in periodic programme reviews with government counterparts, donors and other partners and guides corrective action or follows up recommendations and agreements for modifications when necessary to meet programme/project objectives. Provides inputs to programme/project status reports required for management, Board, donors, budget review, programme analysis, annual reports, etc. and issues status reports for monitoring and evaluation purposes. Education requirements: Advanced university degree* in the social/behavioural sciences (Sociology, Anthropology, Psychology, Health, Nutrition, Education etc.) with emphasis on participatory communication, communication planning, social mobilization, participatory research, training and impact evaluation of communication interventions. (*) A first level university degree with a relevant combination of academic qualifications and experience may be accepted in lieu of the advanced university degree. Work Experience: Five years progressively responsible work experience in the planning and management of social development programmes, including two years in developing countries, with practical experience in the adaptation and application of communication planning processes to specific programmes. Language requirement: Fluency in English and Amharic required. Knowledge of other local languages an asset Nationality: Candidates should be nationals of Ethiopia. Competencies: Commitment, Diversity and Inclusion, Integrity, Communication, Working with People, Drive for Results, Learning and Supervising, Formulating Strategies and Concepts, Relating and Networking, Persuading and Influencing, Applying Technical Expertise, Entrepreneurial Thinking.
Applications must include motivation letter, an updated CV, and a completed UN Personal History Form (P-11) available at goo.gl/9mvar. Please DO NOT ATTACH COPIES OF TRANSCRIPTS, ACADEMIC DEGREES OR RECOMMENDATION LETTERS WITH THE APPLICATION. UNICEF and UN candidates must also include two recent Performance Evaluation Reports. Please deliver/send your application to: Human Resources Manager, UNICEF-Ethiopia, Opposite ECA Compound, and Adjacent to German House, P.O. Box 1169, Addis Ababa, Ethiopia, or by e-mail to hraddisababa@unicef.org. Only shortlisted candidates will be contacted. Applications from qualified women are encouraged
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Global Gold Rush . . .

Some argued that highly indebted sovereigns would push investors into gold as government bonds became more risky. But the opposite is happening now. Many of these highly indebted governments have large stocks of gold, which they may decide to dump to reduce their debts. Indeed, a report that Cyprus might sell a small fraction - some 520 million dollars - of its gold reserves triggered a 13pc fall in gold prices in April. Countries like Italy, which has massive gold reserves (above 130 billion dollars), could be similarly tempted, driving down prices further. Some extreme political conservatives, especially in the United States, hyped gold in ways that ended up being counterproductive. For this far-right fringe, gold is the only hedge against the risk posed by the governments conspiracy to expropriate private wealth. These fanatics also believe that a return to the gold standard is inevitable as hyperinflation ensues from central banks debasement of paper money. But, given the absence of any conspiracy, falling inflation, and the inability to use gold as a currency, such arguments cannot be sustained. A currency serves three functions, providing a means of payment, a unit of account, and a store of value. Gold may be a store of value for wealth, but it is not a means of payment; we cannot pay for our groceries with it. Nor is it a unit of account; prices of goods and services, and of financial assets, are not denominated in gold terms. So gold remains John Maynard Keyness barbarous relic, with no intrinsic value and used mainly as a hedge against mostly irrational fear and panic. Yes, all investors
Gold may be a store of value for wealth, but it is not a means of payment; we cannot pay for our groceries with it.
should have a very modest share of gold in their portfolios as a hedge against extreme tail risks. But other real assets can provide a similar hedge, and those tail risks - while not eliminated - are certainly lower today than at the peak of the global financial crisis. While gold prices may temporarily move higher in the next few years, they will be very volatile and will trend lower over time as the global economy mends itself. The gold rush is over.
East Asian Lessons for . . .
Is Simple Life . . .
Of course, some careers are simply more stressful and time consuming than others. If we need more time for ourselves or our family, every time is the right one to explore careers that are less stressful and more flexible. Sometimes, rather than a career change, we may simply need to take a les stressful job within our chosen career. This change may involve working with our current employer but in a different position. It may also involve starting freelancing or other home-based business. Life is simply too short, so letting things leave us in a blur is not commendable. Taking steps to stop and enjoy the things and people around is important. My experience has also shown me that avoiding procrastination helps
a lot. Much of the stress the people I know feel come from simply being disorganised and embracing so much procrastination. Learning to set more realistic goals and deadlines, and sticking to them is vital to establish a sustainable worklife balance. Even though we may sometimes feel that we are the only ones capable of doing something better, it usually is not the case. Letting others help us is vital for both business sustainability and having a smooth personal life. After all, business is by nature a trade that goes beyond a person. Even then, nothing is more important than setting priorities. Sometimes, it is easier for us to allow ourselves to feel overwhelmed rather than developing a prioritised list of things that need to get done. But, regardless, we need to buck the
trend and develop a list. My personal reflection has shown me that these are the ways to enjoy the satisfaction of a smooth balance between my personal and professional life. Simply, we seem to get ourselves to the trend of avoiding from executing too many tasks at the same time, from doing too much, and from owning too much. Finding ways to simplify our lives is important. And a large part of it resides in changing our life styles. As much as life is process, so is striving to balance our personal and professional life. ....................................................... Gulshan Soni (Ass. Prof.) teaches hotel and tourism management in Hawassa University. He can be contacted at sonigulshan30@gmail.com.
the lessons to be shared are those concerning how they conducted industrial policies at a time when their governments lacked the sophistication and depth of talent that they have today. Weaknesses in governance may affect the instruments of industrial policy, but not its use. Japan has other lessons to teach as well. Key elements of its development strategy - including its stress on education, equality, and land reform - are even more important today in Africa. The world has changed markedly since East Asia began its remarkable developmental transition more than a half-century ago; and differences in history, institutions, and circumstances mean that policies must be adapted to local conditions. But what is clear is that Japan and other East Asian countries followed a markedly different course from that recommended by the neo-liberal Washington Consensus. Their policies worked; all too often, those of the Washington Consensus failed miserably. African countries will benefit from reflecting on these successes and failures, and on what they mean for their own development strategies.
Is War Over Nile . . .

to the south. Had it been otherwise, it might have made a more rational assessment of the resources and potential of the Nile Basin and its diverse peoples and interests. This might well have led it to understand that its own long-term interests might lie in seeking cooperation and consensus, rather than an ultimately unsustainable focus on hegemony and confrontation. Nevertheless, it opted for hegemony that it lacked the capacity to sustain, and threats of confrontation that could only run counter to its unrecognised, but no less vital, need for upstream cooperation. Egypts foreign policy has long been shaped by its quest for hegemony over the Nile, and the Blue Nile in particular. It is based on the premise that Egypt must be strong enough to either dominate Ethiopia or to create conditions that prevent Ethiopia from building dams on the Blue Nile. With that aim, Egypt occupied the Port of Massawa for some 20 years between 1865 to 1885, having leased it from the Ottoman Sultanate. It had also occupied parts of Eritrea between 1872 and 1884, as bases for its plans for further invasions of Ethiopia. But its military adventures
There will be no water war in the Nile Basin, because no one can afford it.
in the region were stymied by its disastrous defeats by Ethiopian forces at the battles of Gundet and Gura. For more than three decades, Egypts political leaders have conducted a campaign of claims of historic rights to control of the Nile waters, punctuated by threats of war against any upstream country that might attempt to build dams or water infrastructure the Nile that might affect the amount of water flowing down to Egypt. This became a prominent feature of Egypts Nile policy after the construction of the Aswan High Dam by the Soviet Union. The late President Anwar Sadat realigned his country with the West, made peace with Israel
and announced that the only thing that could bring Egypt into war again would be if any country threatened Egypts control of the Nile waters. Until recently, Egypt was able to derive considerable comfort from the knowledge that after decades of unrest, disasters and economic collapse, the upper basin countries had little hope of financing any significant water infrastructure on their own. To do so they would need loans from the International Financial Institutions (IFIs), which were unlikely to be available without Egypts agreement, where such loans might possibly lead to war. Now however, there are many other sources of funding. The way forward is increasingly clear. There will be no water war in the Nile Basin, because no one can afford it. For Egypt, Ethiopia and Sudan, rural futures may be limited by constraints of land and water and rapid population increase. All three will need to focus on rapid urbanisation to address these constraints, and on industrialisation and urban job creation to sustain it. To make this possible, all need to develop their sustainable energy resources, and cooperate to use them as effectively as possible.

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SBB/47/2010 . 9,000,000 ( ) 360,000 1. 1,000 ( ) 2. 25 ( ) 60 (60%) 40 ( ) 3. 1/4 ( ) 4. 5. 6. 22 2005 .. 400 . / 1 7. 430 ( ) 5 8. 7 9.
- 0114-426000 0114-425813

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INVITATION TO BID
Bid No. 01/2013/14
1. Commercial Bank of Ethiopia (CBE) invites all interested bidders by this International Competitive Bid (ICB) for the supply of the following Furniture & Fittings Item.
Request for Expression of Interest (EOI)

Subject: SALE OF UNAMID USED VEHICLES ON AN AS IS WHERE IS BASIS IN ADDIS ABABA, ETHIOPIA Date of EOI: 04 June, 2013 Closing date for Receipt of EOI: 16 June 2013 Address EOI by fax to the Attention of: UNAMID Procurement Section, El-Fasher, Darfur, Sudan Fax No: 249-92-244-3731 or 39-08-3141-3403
Item No 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
Description of Goods or Related Services Clerical Swivel Arm Chair Coat Hanger Coffee Table Dixon Shelve Double Pedestal Desk Executive Secretarial Desk Executive Secretarial Swivel Arm Executive Swivel Arm Chair Filing Cabinet With 4 Drawer Guest Chair With three setter Guest Chair With Arm Rest Gust Chair Without Arm Rest Lateral Filing Cabinet with 4 Shelves Managerial Desk Managerial Swivel Arm Chair Secretarial Desk Senior Officer Swivel Arm Chair Single Pedestal Desk Swivel Teller Stool(with Back Rest) Training Chair White Board Work Station Table Tellers Table Notice Board Lobby Standing Table Sorting Table
Qty 2641 836 323 833 818 16 21 26 703 1469 2532 1058 20 315 488 34 1009 1553 2341 585 7 2 1863 378 354 281
Unit of measurement Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs Pcs
E-mail Address: asratf@un.org, cc: khraish@un.org; ahmed185@un.org; abdelmawla@un.org Description of Requirement: The African Union-United Nations Hybrid Operation in Darfur (UNAMID) intends to launch a tender for the sale of its used vehicles located at its office in Addis Ababa on an As is where is basis with no guarantee or warranty expressed or imposed as to the conditions of the vehicles. Type of vehicles for the sale are: Volvo Toyota Landcruiser Toyota 4 Runner SRS Nissan Patrol Toyota Hilux Toyota Hiace Customs and import duties of the vehicles shall be paid by the buyer(s) to the Ethiopian Customs Authorites. 1. Companies/individuals interested to participate in the above tender are requested to submit their EOI by fax or by e-mail by the closing date of 16 June 2013. The EOI must include the following companys information: Companys name, Postal address; Phone number, Fax number, e-mail address; Name of contact person; 2. The Expression of Interest, clearly marked Expression of Interest for the sale of UNAMID used vehicles in Addis Ababa, Ethiopia, must be received no later than 16 June 2013. 3. This Request for EOI does not constitute a solicitation. UNAMID reserves right to change or cancel the requirement at any time during the EOI, or solicitation process. Submission of a reply to this EOI does not automatically guarantee that such a firm will be considered for receipt of the solicitation when issued. Only vendors, deemed qualified upon completion of an objective evaluation of their submission of EOI, will receive the final tender solicitation document.
2. The Bid document shall be obtained commencing June 7,2013 from Procurement Sub-process, cited at Commercial Bank of Ethiopia, Facilities Management Building, near Vatican Embassy, next to Gibson Youth Academy, 1st Floor, Room No. 101 against payment of a non-refundable fee of Birr 500.00 (five hundred birr) only during office hours (Monday to Friday 8:00-12:00a.m. 1:00-4:30p.m.; and Saturday 8:00-11:45a.m.). Presentation copy of renewed Trade License, Tax Clearance Certificate and VAT Registration Certificate is a must. Any foreign company is obliged to have local agent who has the mentioned licenses and power of attorney. 3. Bid proposal shall be accompanied by a bid security amounting to Birr 500,000.00 (five hundred thousand birr) or equivalent in USD or Euro or Pound Sterling in the form of unconditional Bank Guarantee or Cash Payment Order (C.P.O) Bid Security in any other form is not acceptable. Securities issued by foreign banks shall be counter-guaranteed by an Ethiopian Bank. 4. All bids must be deposited in the tender box prepared for this purpose at Procurement Sub-Process, cited at Commercial Bank of Ethiopia during office hours before July 23, 2013 at 10:00 a.m. 5. Bid opening shall be held in the presence of bidders and/or their legal agents who wish to attend, on July 23, 2013 at 10:30 a.m. at the place mentioned under no. 2 above. 6. Failure to comply any of the conditions from 2 to 4 above shall result in automatic rejection. 7. Interested eligible bidders may obtain further information from the office of Procurement, P.O. Box 255, Addis Ababa, Ethiopia, Tel. 251-11-372-2858, 251-11-372-28-47, Fax 251-11-372-28-89. 8. The CBE reserves the right to accept or reject any or all bids.
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- / 5 - 10// - 230- 600 730-1030
6 30 CV / / 011-5-526896/ 011-5-52 6653/011- 5-52 66 57/011-5-52 66 59 011-5-150828 - 20034-1000 .. Website: http://www.etsugar.gov.et Email: esiscw@ethionet.et
MIDROC GOLD Mine Private Limited Company
Awash International Bank S.C. Vacancy Announcement

Vacancy Announcement No.089/13 Position Relief Auditor II Qualification & Experience: BA Degree in Accounting, Management, Economics or related discipline plus minimum of 4 years of experience in banking operations of which 2 years as Auditor I or College Diploma or TVET 10+3 or Level IV in Banking & Insurance, Accounting or equivalent plus minimum of 8 years of experience in banking operations of which 4 years as Auditor I. Place of Work:........... Addis Ababa Skills Requirement:....Knowledge of computer operation is mandatory Salary & Benefits:...... As per the Banks Salary Scale & Benefits Package Interested applicants are invited to send their non-returnable application with CV and copies of relevant documents through the following address within 7 consecutive days from the first date of this announcement on the newspaper. N.B. Incomplete applications will not be considered. Awash International Bank S.C Human Resources Directorate P.O. Box 12638 Addis Ababa
Post Title: Medical Doctor When applying please quote the post title and vacancy notice number EV08 Location: .......................... Legadembi Site Employment Type: ............ Full time Salary: .............................. As per Company Salary Scale Application Deadline: ........ 15 June 2013 Medical Doctor Job Duties: Provides medical patient care by interviewing, examining and treating of clinical patients in order to meet their medical needs; Educates patients on wellness, prevention and early detection by providing materials and resources to the patients and families; Determines which referrals are required based on examination; Determines level of urgency of follow-up, referral/consultation appointments; Exercises final medical judgment in all issues of health care; Prescribes medical treatment and clinical drugs to patients; Documents all services in patient medical record; Reviews on a regular basis long term cases that require ongoing medical attention; Consults with Medical Director on staff as needed regarding patient care, assessment, and education issues; Participates in quality improvement, management, continuing education, and other patient care programs established by the company requirements; Oversees mid-level medical staff as assigned as well as nursing clinical staff & Laboratory staff; Assists in the resolution of complaints, requests and inquiries from patients; Maintains confidentiality of all patient information according to Ministry of Health guidelines and regulations. Job Requirements Medical Degree in medicine and licensed to practice the profession Minimum two years of work experience Skills/Qualifications: Knowledge of and ability to apply professional medical principles, procedures, and techniques; Performs in a tactful and professionals manner. Please send your application by e-mail to fikert.k@gold.midroc-ceo.com Only shortlisted candidates will be contacted.
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VACANCY ANNOUNCEMENT
VACANCY ANNOUNCEMENT
Wow Prime House plc is oneof the leading Company in Supply of luxurious, Classical and Comfortable House Hold and Office furniture at Reasonable Price for the public at large, would like to employ qualified &ExperiencedCandidates for the following Vacant Position. 1. Position: Finance Manager Education:................... ACCA Qualified /BA Degree in Accounting from Recognized College. Experienced:................ 4/6 Year in Directly related position respectively in manufacturing or merchandising Company out of which 2 year in Supervisory Position. Additional:...................Peach Tree Accounting Software; Driving license, Leadership quality Requirements are advantageous. 2. Position: Sales Supervisor Qualification:............... Diploma in marketing, management or salesmanship from recognized College and basic Computer skill. Work Experience:........ 2 year and above Experience in similar Position (Experience in furniture Company is more preferable) No Of Post:..................2 (Two) Gender:....................... Male 3. Position : Sales manship Qualification:............... Diploma in marketing, management or sales man ship from recognizes college and Basic Computer Skill. Work Experience:.........One Year as a Sales Person ship(Experience in furniture Company is more Preferable ) No Of position:............ 2 (two) Gender:....................... Female 4. Position: Casher Accountant Qualification:............... Diploma in Accounting and Basic Computer skill. Experience:.................. One Year in directly related Position No of Position:............. 2 (two) 5. Position: Secretary Qualification:............... Diploma /Degree in secretarial Science and Office Management or related Discipline. Experience:.................. One year Practical Experience as a secretary Gender:....................... Female No of Position:............. 1(One) 6. Position: Store Keeper Qualification:............... 10+2 or Diploma in supply and store management or related Discipline. Experience:.................. 2 year in directly related position (Experience in furniture Computer is advantageous) Gender:....................... Male No of Position:............. 2 (Two) 7. Position Maintenance and Painting Expert Qualification:............... above Grade 10th Experience:.................. Two years directly related experience in same position (Experience in furniture Computer is more desirable). No of position:............. 2 (two) Gender:....................... Male For All Position: Duty Station:...............Addis Ababa Terms of Employment:. Permanent Salary:......................... Negotiable & Attractive Additional Benefits: Attractive for Position one and for position 2,3,6,and7 based on sales performance attractive sales Commission and also twice salary increment per annum for outstanding performance for all Positions . Interested and Competent applicants are kindly requested to submit updated CV and non returnable hard Copies of their relevant Documents with application letter in person with in 7 (seven) working days from this announcement to lex plaza Building 3rd floor office No 302 which is found around 22 mazoria in front of Zerhun Building.
DESA PLANTS PLC is a foreign investment company in the horticulture sector located in Ejersa, 9km from Modjo. Our main activities are production and export of high quality seedlings to the European and USA market.
Our company has an open vacancy for the position of:
FINANCE MANAGER
POSITION: Finance Manager REPORTING TO: General Manager and Share Holders DUTIES AND RESPONSIBILITIES: We look for a highly qualified and experienced Finance Manager who will plan and direct all accounting and finance activities within the finance department. The Finance Manager will have the following duties and responsibilities through own input and by coordinating his supporting staff: Assist in the development and implementation of financial goals, policies, priorities, and procedures. Supervise and participate in the preparation of various financial statements and reports Supervision and control of contracts made with suppliers and contractors and follow up purchase orders. Monitor and control all import processes and procedures Responsible for proper store management, control and verification of stock counts and reporting. In charge of direction and follow up of the whole accounting process. Direct and participate in cost analysis and rate studies. Responsible for preparation of statements and reports of estimated future costs and revenues. In charge of internal audits involving review of accounting and administrative control. Establish control systems and develop new procedures to improve existing financial systems. Coordination and facilitation of external audit and prepare external financial reports. Provide and review financial statements for management and share holders. Direct the installation and implementation of new accounting and other financial procedures. PROFILE KEY WORDS: tactful, analytical capacity, problem solver, persuasive communication skills, team player, people manager, achieves goals and targets even under pressure, persistent, stress resistant, inspiring, keeps ethical and company values high. WORK EXPERIENCE: Preferable five or more years of relevant work experience as a finance manager with a minimum of two years. WORK PLACE: Based on the farm in Modjo-Ejersa with frequent travel to Addis Abeba whenever the job requires. Transport to and from Modjo - Debre Zeit Adama will be provided. MINIMUM EDUCATIONAL QUALIFICATION: minimum requirement is BA Degree with minimum two and preferable 5 years of relevant work experience. SKILLS: ............ Good computer skills. Very fluent in both written and verbal English communication. SALARY: .......... Negotiable - Attractive BENEFITS You will be part of a young and dynamic team. You will work in a dynamic business in an international company. We offer an attractive salary package including insurance cover and medical costs refund. CV and convincing application letter should reach us before 30/06/2013 via: info@desaplants.com or P.O. Box: 466 Modjo or P.O. Box: 46144 Gerji Branch Addis Ababa
For more information call on Phone Number 0116-61-03-22
Ethiopian Wins Bombardiers Airline Reliability Performance Award

Ethiopian Airlines has won the 2013 Airline Reliability Performance Award from Bombardier Aerospace for the third time in a row. The award was given to Ethiopian for achieving an average dispatch reliability rate of 99pc and performing better on revenue passenger flights in 2012. The Airline also stood first in the overall Q-400 product category for the Middle East and Africa region. On top of its 17 domestic destinations, the Airline operates the Q-400 on regional routes such as Djibouti, Mombasa, Nairobi, Kilimanjaro, and Dar-es-Salam. Ethiopian currently operates 13 Q-400 Next Gen aircraft, which has the quietest engine in its category. We are pleased to receive the award for the third year in a row. This is a testament of our dedication for excellent customer service which is in continuous improvement every day, said Tewolde Gebremariam, CEO of Ethiopian. In September 2010, Ethiopian became the only airline in the world to receive re-configured Bombardier Q-400 aircraft. The aircraft contains numerous innovations that greatly enhance passenger comfort. Whereas the previous Q-400s were all economy, the new aircraft has seven business class and 60 economy class seats.
R a d a r
P p ag e 51
THE ONE
Roads Authority Awards 2.8 Billion Br Project
Ethiopian Airlines Aviation Academy has graduated 26 pilots trained with Multi-Crew Pilot License (MPL) including, Selam Tesfaye, left, the only female to graduate at the ceremony held at the headquarters of the Ethiopian Airlines on Thursday, June 6, 2013. The Ethiopian Aviation Academy, headed by Belay Asefa (Col), right, has been the first in Africa and among the few in the world to start the International Civil Aviation Organization (ICAO) certified training in July 2011. The MPL training was kicked off in partnership with Flight Path International. The MPL training is a response to the ever changing and technology driven aviation industry. Ethiopian Aviation Academy is now one of the few in the world and the only one in Africa providing these training. The graduation of the first 26 MPL cadets in the continent is part of the continued milestones of Ethiopian fueling the fast, profitable and sustainable growth of Vision 2025," said Tewolde Gebremariam, center, CEO of Ethiopian during the ceremony.
The Ethiopian Roads Authority (ERA) last week signed an agreement with two Chinese companies to upgrade the Kombolcha-Bati-Mille road to asphaltconcrete level. The 133 Km-long road will cost the Authority close to 2.8 billion Br. Construction of the road, which is expected to be completed in three years time, will be fully financed with a loan secured from the World Bank The project is part of the fourth Road Sector Development Program (RSDP IV) of the ERA, for which implementation costs are estimated to reach 125.3 billion Br. Out of this, 84.5 billion Br is allocated for federal projects, 14.4 billion Br for regional ones and 26.4 billion Br for weredas. RSDP was formed as part of the government's overall Growth & Transformation Plan (GTP), and is in charge of the rehabilitation of 728Km of trunk roads, upgrading of 5,023Km of trunk and link roads and construction of 4, 331Km of new link roads. ERA expects the total road network in the country to reach 136,044Km in 2015, from the 48,793Km coverage it had in 2010.
NO WAY HOME
Army Worm Destroys 8,368ha of Cropland Region

Close to 8,368ha of belg cropland was reportedly destroyed by army worms in Wolayita zone of Southern Regional State, an area that suffered from late onset of the 2013 belg rains and subsequent heavy rains that damaged belg crops, a weekly Humanitarian Bulletin, published by UN Office for the Coordination of Humanitarian Affairs revealed. Immediate distribution of spraying containers and chemicals to the farmers is required to prevent further loss of belg crops, according to the Office. The Office also warns the damage caused by the army worms will further reduce the expected harvest this season. Similar incidents were also reported from Boricha, Bona Zuria, Dara, Dale, Hawassa Zuria and Loko Abaya weredas of Sidama zone located in Southern Regional State as well as from drought prone areas of East and West Hararge zones of Oromia Regional State.
Nyota Minerals Limited, a British company, announced last week the discovery of a new gold anomaly at the Companys 100pc owned northern block exploration areas located in Western Ethiopia. BokaWest gold-in-soil anomaly extends for two kilometres in length and is up to 500m wide. Nyota, which found a reserve in Tulu Kapi, located in Oromia regional State has had an exploration license since May 2005. The presence of gold in Tulu Kapi has been known since the 1930s, when an Italian company conducted surface mining activities. The United Nations Development Programme (UNDP) along with the Ministry of Mines(MoM and Energy also conducted a detailed geological mapping and systematic exploration activities in 1970s. The delineation of a large target at Boka-West is testament to the success of our systematic exploration programme in the Northern Blocks, said Richard Chase, Chief Executive Officer of the Company. Nyota applied in May 2011 for a 10-year license to start mining on 11,000sqkm area. The company submitted technical feasibility study, confirming the presence of the gold reserves, and Environmental and Social Impact Assessment (ESIA).
Although the road coverage of Addis Abeba, reached close to 14 pc currently from 12pc two years before, the Addis Abeba City Roads Authority seems to ignore the pedestrians that are still facing problems arising from poor construction quality and control. On one of the Sidewalks constructed parallel to the Meskel Square-Saris road project near the Gotera overpass, a hole is unsealed for several weeks. Many were seen falling into the hole especially at night as the road has no warning sign to protect the pedestrians.
Nyota Discovers a New Gold Anomaly in Ethiopia
STREET SMART
Council of Ministers Approves 155 Billion Br Budget for the Next Fiscal Year
The Council of Ministers approved close to 155 billion Br budget for the 2013/14 fiscal year, which is higher by 12pc compared with the current fiscal years budget. Out of the total budget, 32 billion Br is allocated as recurrent while 64 billion Br will go to capital projects. Regional subsidies also amounts 43 billion Br and budget for achieving the Millennium Development Goals (MDGs) stood at 15 billion Br. Allotted at close to 138 billion Br, the current fiscal year budget represents an increase of 17.3pc compared to the preceding year. Before 2010/11 fiscal year, however, the annual budget grew by 30.8pc on average, for the past five years. Following the decision made by the Council of Ministers last week, the budget proposal is sent to the Parliament for ratification.
This was the solution for Girma Alemu, to run away from the street life he has been living around Mercato before ten years. It was simple for him to notice that, those threads, untied from huge amount of plastic products that arrive at Mercato on a daily basis, will be enough to change his life. He started by selling his product which he made from small plastics for three Birr each. Happy to leave the street, he sells the product behind St. Giorgis church located on Arbeyaoch Street.
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Housing . . .
Project Office, within the Housing Development Agency . The rest will either change to the new housing scheme, or are simply no longer interested in becoming homeowners. Those reregistering will get priority when names are entered into raffles. Due to this, they will pay a higher savings amount of 151 Br for a studio, 274 Br for a one bedroom house, 561 Br for a two bedroom house and 685 Br for a three bedroom house. Savings, which will total 20 pc of the housing cost, are to be completed within five years. Newer registrants, however, pay a reduced monthly savings amount of 196 Br, 401 Br and 489 Br, respectively, for the one, two and three bedroom houses over seven years. These new registrants will also have to take a backseat if they are not government officials or women, who get a 20pc and 30pc priority when having their names entered into raffles. In the next year, the agency plans to finish construction and handle the transfer of 61,903 houses, in three batches, constructed at the - Akaki Gelan, Yeka Ayat, Yeka Abado, Tulu imtu Akaki, Bole Bulbula, Mekanisa Kotakri Kara Kore and Mekanisa Degnet sites. If these houses are transferred, then another 108,097 people will be left to get precedence over future constructions. And this is taking into account the agencys projection that only 170,000 of the 300,000 old registrants would reregister. The MoUDC is expecting 1.3 million people to register, which is the amount of people currently living in rented abodes within the city. Out of these, it says 40pc will register for the 20/80 scheme. This amounts to 520,000 people. As of 4pm on Friday June 7, 107,720 people had registered for the 20/80 scheme. If priority is given to old registrants, government officials and women, and the excess interest in the 20/80 scheme continues, then it would be hard to get our names entered into the raffles any time soon, an accountant at a private company, who came to register for a 20/80 house, told Fortune. The opposite problem is being witnessed for the 10/90 scheme. Despite the fact that the Housing Agency is already building 24,312 houses at the - Bole Arabssa, Akaki Kilinto and Koye Feche sites, which will be finished and ready for transfer by next year, very little interest is being garnered from registrants in this project. By Friday afternoon, only 4,280 of the 112,000 people registered at the CBE were applying for the 10/90 housing scheme. The project will build studio homes on 29sqm, worth 38,000 Br, for those whose monthly income is under 1,200 Br. These houses will be placed in a G+2 building, with each floor having eight studios.
N E W S
Like most CBE branches Temenja Yaj branch had swarms of people flocking to it in order to open a savings account for the 10/90 and 20/80 housing schemes.
These houses would be easily accessible, as they will be finished next year, and all those who register within the deadline will have their names entered into the raffles for transfer, Mesfin said at the press conference. In total, the agency has projected that 35,000 low income houses will be built under the program. However, as things stand, more awareness needs to be created about the 10/90 scheme, in order to garner the interest, according to Yidnekachew, necessary to go ahead with this plan. It really benefits the buyers, and the houses to be built will be up to standard, she added. Since the condominium project started in 2005, 16 billion Br has been spent on construction. During this
year, the Housing Agency has already used the 4.75 billion Br loan it took from the CBE for the construction of 10/90 and 20/80 houses. It plans to ask for another 11.6 billion Br for further construction in the next year, according to Yidnekachew. Registration for the 40/60 housing scheme is yet to start. But, people were still queueing at branches to ask whether they could register for it. Unlike the 10/90 and 20/80 schemes, both the registration and savings accounts for this program will be handled by the CBE. Over the course of five years, registrants are expected to save 1033 Br, 1575 Br and 2453 Br, on a monthly basis, for one, two and three bedroom houses, respectively. The design for the houses will use higher cost materials, including aluminium finishing,
according to officials at the MoUDC. The buildings for the 40/60 houses will have a G+12 design. Registrants must save for five years, before getting a 60pc loan from the CBE to cover the rest of the costs for the house. However, those who have the ability are encouraged to advance the downpayment, or the total cost of the houses upfront. Those that have saved the most get priority over ownership of houses already built. The recently established Addis Abeba Housing Development Enterprise is in charge of the building and transfer of these houses. The enterprise plans to build 25, 000 houses in the first phase, according to an official from the PR office. Construction of 10,000 houses has already started, over eight sites,
which are near to the centre of the city, including - Sengatera, Meri, Gerji, Megenagna, Bulbula and Crown. These are expected to be completed by May 2014. Around 1.5 billion Br (the loan from CBE) has been paid for the construction of these houses in 2012/13. Although the CBE is yet to announce if it will start handing passbooks in advance, registrations of 40/60 will be conducted from August 12-23, 2013. This scheme is open for Ethiopians and decendants of Ethiopians residing abroad, although they are required to make their monthly savings in foreign currency. When the houses are ready, those who have paid 100pc get priority; then those who have paid 99pc, and so on, Amare, from the MoUDC, explained at Wednesdays press conference. If there are people that have saved equal amounts and the number of houses ready is not enough for each, then raffles will be used for the transfer of homes, he told Fortune. It will be difficult to compete with registrants in foreign countries who may have the resources to pay upfront in foreign currency, according to two individuals interested in the scheme that Fortune talked to. By the time I save for five years, all the houses built in the first phase may be snapped up and I may have to wait longer , one of these individuals told Fortune. Currently there are assurances from officials at the Housing Enterprise and the MoUDC that the amount of houses to be built will be in proportion to the registrants. The houses to be constructed are determined by the amount of registrants, they say. However, if there are many registrants who will pay upfront for the 40/60 scheme, they will be encouraged to form a housing association and get the houses built, according to Amare. Building homes through housing
thiopias government is famously protective of its economy, especially telecoms, banking and retail. So, when the late prime minister, Meles Zenawi, met senior Walmart executives face to face last year, it might have seemed an incongruous pairing. But rising food inflation, combined with traders hoarding goods to avoid government-imposed price caps, made the prospect of big stores arriving to deliver cut-price goods appealing. Negotiations are continuing with the American giant under Meless success Hailemariam Desalegn. But progress is slow. The price has to go down for the sake of the consumers, Hailemariam told the Financial Times of the likely benefits of the entry of Walmart, which has found a foothold on the continent, via taking a majority stake of South Africas Massmart. Ethiopias underdeveloped market and population of 85 million - the second highest in the continent
Ethiopia Keeps Walmart Waiting

a management contract granted for telecoms, rather than outright ownership. Always we are very cautious; if huge companies like Walmart come in, those who are in the trading sector will be in trouble. That is witnessed in many African countries. [After big foreign investors arrive] you dont find local people engaged in this kind of [retail] business, because they cannot compete in the process. Hailemariam is also mindful that defending a weak infant private sector is not only an economic necessity but a political one too in a country where ethnic and regional interest groups are carefully balanced and directed. A huge influx of foreign direct investment becomes very dangerous and it becomes political in the country, because our domestic investors and private sector will be dissatisfied with the process, and then it becomes a tension, source of tension. Walmart may wait a while yet. (Financial Times)
Prime Minister Hailemariam Desalegn.
- is part of the appeal to consumeroriented companies such as Walmart keen to crack an untapped market. But high inflation risks undermining the governments growth strategy. Officials are proud of an economy that has grown in double-digits in the seven years to 2011. Low wages and subsidised power prices are critical to Ethiopias bid to secure foreign investment into priority areas it has opened to foreign investment - such
as light manufacturing for export. But although Prime Minister Hailemariam says negotiations are still on, he has not met Walmarts representatives face to face and is leaving talks to his ministry of trade in the hope of arriving at a win-win solution. The biggest foot in the door Walmart may gain is a management contract for a state-run cash-and-carry company, on a similar basis to
Photo: Fortune File
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associations is another scheme provided by the government. At least 24 people could form a housing association and either ask for the government to build them one, two or three bedroom houses, at a cost of 210,000Br, 280, 000 Br and 385,000 Br, respectively, or choose a contractor and a design of their own. In this instance, the government will provide land for free waiving lease payments. If the government is contracted to build the houses through its Enterprise, it will also waive taxes on construction materials. The last waiver, however, will not be available to those associations who choose to build the houses on their own. Payment for such houses must be made upfront - 50pc during registration and the other 50pc after land has been prepared and prior to the association acquiring a building license. Registration for housing associations will be carried out from July 22 to August 6, 2013. Aside from doubts faced over the details of these projects, registrants are also wary of an increase in the cost of savings as time goes
On Wednesday, the CBE called a by. The enterprise and the agency press conference to state that they may raise the price of the houses if will extend working hours - from construction costs increase, it states 8am in the morning to 5:00pm at in the directives. night, on Monday to Saturday, and I am struggling to save as it is, it from 8:00am up to 5:00pm on will be difficult to continue saving Wednesday, in order to make sure if prices increase, Mesfin Abera, everybody registers on time. It also 28, who is registering for the two apologised for requesting higher bedroom 20/80 housing scheme, deposits from new 20/80 registrants, told Fortune. promising to correct the situation On a 1,700 Br net income, he pays immediately. a rental amount of 500 Br and Depending on the size of the CBE also pays for part-time education branch, five to eleven to get his degree, from people are working to Admitting that there were financing previous savings. I am planning on asking for and delivery problems for the previous help process accounts related to the housing help from my family schemes. More people scheme, the officials promised that this for savings, he told be assigned on the Fortune. one would have a better execution and will weekends, as other Officials at the MoUDC people would be better equipped to pay. banking operations will maintain that initial be closed, explained registrations would Yehuala Gessesse and Derebe Asfaw, six months. merely show the need and not the There were also some irregularities vice presidents at the CBE, who demand for housing. observed during registration at the conducted the press conference. Not all that register may save until CBE. All new registrants for the Next week it will be the Weredas the end, so the figures may be 20/80 scheme were asked to deposit turn to witness long lines, as inflated initially, an offical from the initial savings that were meant for old registration kicks off. Already people housing development bureau at the reregistants, who are required to pay are lining up to renew their IDs. MoUDC told Fortune. higher. The congestion caused has Meron Legesse, 23, spent the whole The CBE will cancel savings accounts also led to inexpediency at some of day waiting to renew an ID, at Wereda nine, in Arada district. if a person defaults on savings for the branches.
She is hoping to register for a two bedroom condominium house, as a new registrant, next week. I am hoping things are computerised and it will not take as long as renewing IDs, she told Fortune. Wereda officials confirm that things will be computerised next week, as they will be utilising a software developed by the INSA and consultants from Addis Abeba University, at a cost of 11 million Br, which will be able to sort out those who already have a home or are registered for other schemes at the same time. In Wereda nine, twelve secretaries have been trained to register and 13 coordinators are already assigned to manage those that queue outside. Two supervisors will also assist with IT problems. Generators have been bought, in case of a power outage, according to Tarekegn Mamo, a reporter at the communications office of Wereda 9. With such preparation, Tsedale may receive a more positive result when going to register at her Wereda for condominiums once more; unless the housing need proves too big for the preparation of the Weredas as well.
A nn o u nce m en t s

Bid No. 36/2012/13
1. Commercial Bank of Ethiopia (CBE) invites all interested bidders by this International Competitive Bid (ICB) for the supply of the following items.
INVITATION TO BID
BROOKE VACANCY
Country Representative for Ethiopia
Salary & benefits: ........... Competitive package Location: ........................ Based in Addis Ababa, Ethiopia, with extensive travel within the country and occasional international travel for meetings Contract type: ................ 2 years contract with possibility of extension Job reference: ................ TBC The Role This is an exciting opportunity for a highly motivated individual with extensive international development experience to manage and develop our Ethiopia country programme. We are looking for a creative and experienced manager to lead a diverse and dedicated national staff team to advance the welfare of working donkeys, horses and mules in Ethiopia, to represent the Brooke with senior-level government officials, and further develop and build professional external networks at a senior level. Criteria We are looking for a clear, strategic thinker with strong analytical and problem solving skills, an energetic, incisive leader able to translate vision into reality. The successful candidate will need strong financial management experience, including developing, managing, monitoring and reporting on programme budgets, proven experience in establishing and managing partnership agreements, and an ability to prioritise and handle a diverse and heavy workload, working under pressure and often to tight deadlines. Closing Date: .................. 9am Monday 1st July 2013 Interviews to be held on: Provisionally 9-11th July 2013 To Apply For further information including the job description and person specification and to download a Brooke application form, please visit http://www.thebrooke.org/jobs Please note that CVs will not be considered. The Brooke The Brooke is an international animal welfare organisation dedicated to improving the lives of working horses, donkeys and mules in the poorest parts of the world. We provide veterinary treatment and community programmes across Africa, Asia and Latin America. Last year, we reached more than 1,100,000 working horses, donkeys and mules benefiting more than five million people. The Brookes goal is to increase the number of working animals we help to two million a year by 2016.
No. 1 2 3 4 5 6 7
Description of Goods Quantity CHEQUES PVT-10 72,000 PVT-50 180,000 PVT-100 150,000 GOV-25 12,000 GOV-50 50,000 GOV-100 40,000 PASSBOOK Saving Pass Books 4,000,000
Unit of Measure Books Books Books Books Books Books Books
2. The Bid document shall be obtained from Procurement Sub-Process, cited at Commercial Bank of Ethiopia, Facilities Management Buildings, near Vatican Embassy, next to Gibson Youth Academy, 1st Floor, Room No. 101 against payment of a non-refundable fee of Birr 500.00 (five hundred birr) only during office hours (Monday to Friday 8:00-12:00a.m., 1:00-4:30p.m.; and Saturday 8:00-11:45a.m.). Presentation copy of renewed Trade License, Tax Clearance Certificate and VAT Registration Certificate is a must. Any foreign company is obliged to have local agent who has the mentioned licenses and power of attorney. 3. Bid proposal shall be accompanied by a bid security amounting to Birr 500,000.00 (Five hundred thousand birr) or equivalent in USD or Euro or Pound Sterling in the form of unconditional Bank Guarantee or Cash Payment Order (C.P.O). Bid security in any other form is not acceptable. Securities issued by foreign banks shall be counter-guaranteed by an Ethiopian Bank. 4. All bids must be deposited in the tender box prepared for this purpose at Procurement Sub-Process, cited at Commercial Bank of Ethiopia during office hours before July 4, 2013 at 10:00a.m. 5. Bid opening shall be held in the presence of bidders and/or their legal agents who wish to attend, on July, 4, 2013 at 10:30a.m. at the place mentioned under no. 2 above. 6. Failure to comply any of the conditions from 2 to 4 above shall result in automatic rejection. 7. Interested eligible bidders may obtain further information from the office of Procurement, P.O. Box 255, Addis Ababa, Ethiopia, Tel. 251-11-372-28-58, 251-11372-28-47, Fax 251-11-372-28-89. 8. The CBE reserves the right to accept or reject any or all bids.
The Brooke strives to promote equality of opportunity.
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Vacancy announcement
Publishing for 2nd time Manpower Requirement
1. Technical Main Director (Factory Manager) Education:.............. BSc. in Mechanical, Electrical, Chemical, Industrial Engineering Experience:............ 15 years 5 years as Manager in Manufacturing Preference in Cement Manufacturing Reports to Director General 2. Production Director: Education:.............. BSc. in Mechanical, Electrical, Chemical, Industrial Engineering Experience:.............10 years 5 years as Management In Cement Manufacturing Reports to the Technical Main Director 3. Maintenance Director Education:.............. BSc. in Mechanical, Industrial Engineering Experience:............ 10 Years 5 years as Management in Cement Manufacturing Reports to the Technical Main Director 4. Raw Material Development and Supply Director Education:.............. BSc./BA in Mining Engineering, Geology, Mining Experience:............ 10 years, 5 years as Management in Exploration Development and Mining Reports to the Technical Main Director 5. Product Development Unit Head Education:............. BSc. in Chemical Engineering Experience:............ 5 years 2 years as Senior Staff as Product Developer Reports to Research and Development Manager 6. Quality Control Unit Head Education:.............. BSc. in Chemistry, Biology Experience:............ 5 years 2 years as Management in Quality Control related Reports to Research and Development Manager 7. Process Development Unit Head Education:.............. BSc. in Chemical Engineering, Chemistry Experience:............ 5 years 2 years as Senior Management in process Development Reports to Research and Development Manager 8. Clicker Production Manager Education:.............. BSc. in Engineering fields Experience:............ 10 years in Cement Manufacturing fields 5 years in relation to clinker production Reports to production Director 9. Cement Production Manager Education:.............. BSc. in Engineering fields Experience:............ 10 years in Cement Manufacturing fields 5 years in relation to cement production Reports to the production Director 10. Crushing, Stacking and Conveying Foreman Education:.............. Diploma in Engineering fields Experience:............ 10 years 5 years as large crusher (500 tons/hour) foreman. Reports to Shift Engineers in Production 11. Raw Mill Production Foreman Education:............... Diploma in Engineering fields Experience:............. 10 years 5 years as foreman in Cement Raw Mill. Reports to Shift Engineers 12. Kiln and Cooler Production Foreman Education:............... Diploma in Engineering fields Experience:..............10 years 5 years as foreman in clinker production. Reports to Shift Engineers 13. Cement Mill Production Foreman Education:............... Diploma in engineering fields Experience:.............10 years 5 years as Cement Mill Production. Reports to shift Engineers 14. Packing and Loading Production Foreman Education:............... Diploma in Engineering fields Experience:............. 10 years 5 years as foreman in packing and loading. Reports to the Maintenance Director 15. Plant Mechanical Maintenance Manager Education:............... Mechanical, Industrial Manager Experience:............. 10 years 5 years as management in cement plant mechanical maintenance Reports to the Maintenance Director 16. Plant Electrical and Instrumentation Maintenance Manager Education:............... BSc. In Electrical Engineer Experience:............. 10 years 5 years in Management in Electrical and Instrumentation Maintenance of Cement Plant Reports to the Maintenance Director 17. Raw Material Supply Manager Education:............... BSc. in Engineering in Industrial Mechanical, Mining Logistics Experience:............. 10 years 5 years in supply and logistics management Reports to Raw Material Development and supply Director. 18. Sales Manager Education:............... BSc./BA in Supplies, Marketing, Mechanical Engineering Experience:............. 10 years 5 years in management in supply/sales Sex:......................... female Reports to Marketing, Sales and Procurement Director 19. Procurement Manager Education:............... BSc./BA in Mechanical Engineering, Supply, Purchasing Experience:............. 10 years 5 years in Procurement Management Specialization in spare-part Reports to Marketing, Sales and Procurement Director 20. Legal Advisor Education:............... LLB in Law Experience:............. 10 years 5 years as Senior Legal Advisor in contracts Reports to Director General 21. Internal Auditor/Tax advisor Education:............... BA in Accounting Experience:.............10 years 5 years as Senior Auditor or Tax Advisor
Interested applicant who fulfill the above requirements can submit their application letter and relevant testimonial copy document in person to the following address within 10 working days of this vacancy announcement Derba MIDROC cement plc. Head office Nani Building (reception) Tel: 0115549888 Addis Ababa
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UNITED NATIONS CHILDRENS FUND ETHIOPIA COUNTRY OFFICE VACANCY NOTICE NO.58 ECO/VN-58/2013 WHEN APPLYING PLEASE QUOTE THE CONSULTANCY TITLE, AND VACANCY NOTICE No.58 as follows: (DRR Consultant, ECO/VN 58/2013)
POST TITLE DUTY STATION DRR Consultant Addis Ababa Consultancy fee ETB 80,000 (NOC level excluding travel and DSA) CONT. STATUS Consultancy Contract for 40 working days
recurrently affected by drought?
CLOSING DATE 11 June 2013
The United Nations Childrens Fund (UNICEF), the worlds leading organization working for the rights of children, is inviting applications for this position. Purpose of the post: Under the direct supervision of the Chief, Emergency & Field Operations. Review of adaptive basic social services provision to reduce disaster risk of populations especially children in Uganda, Ethiopia and Kenya Major Duties and Responsibilities Specific tasks to be carried out: 1. Organise for and support conducting the review process in Ethiopia. Define what constitutes adaptive social service delivery and what constitute DRR in Ethiopia; Identify and a list of DRR and service delivery initiatives to be reviewed. Identify a list of interviewees, relevant government, UN, NGO partners and institutions and sites to be visited; Arrange for and participate in interviews. 2. Contribute to developing tools in cooperation with the external consultant and UNICEF staff from regional office and country offices. Assist the external consultant to develop tools necessary for the review process. Help in interpretation and translation when is necessary. 3. Contribute to analysing and drafting a country-based report Provide input and exchange ideas to strengthen the findings by providing local and national perspectives to the analysis. Assist in or contribute to drafting and reviewing the report or sections. The national consultant shall be able to assist in conduction the review to address questions such as but not limited to the below: What actually can be classified as basic social services and what is the constitute DRR under this consultancy? What are the key Government of Ethiopia policies/ strategies to reduce vulnerability of communities in the ASAL areas? What are some of the on-going key interventions supported by Government, donors, UN, NGOs, civil society? Are there policies related to social service provision accounting for the needs) of populations at risks in the event of drought and its impacts. This includes drought impacts on conditions of people, and especially children, and their access to water, sanitation, nutrition, education, and to a lesser degree and where feasible, social protection and health services in situations of heightened vulnerability and need. Are basic social services and their provision modalities effective in responding to needs of populations affected by drought including their ability to adapt to changing situations and numbers of clientele? Are the current service delivery modalities of basic social services strengthening or inadvertently undermining the resilience of people
Have investments in basic social services been sufficient and adequate
in order to respond to needs in terms of quantity and quality, and what are some of the very effective and efficient examples that can be reproduced? to respond to the needs of the people in a sustainable manner?
What are some examples of service delivery modalities that have failed Analyse What
and compare; as far as possible, the cost efficiency and effectiveness of service delivery modalities and policies which were developed or supported by various program interventions. are the preconditions for effective integration of disaster risk reduction across basic service sectors what technical expertise is needed to ensure effective DRR integration in service delivery across sectors?
What coordination and management mechanisms have been used and What What
should be done differently to maximise impact of the social services delivery to reducing risks of recurrent droughts and mitigating its impacts and enhancing peoples resilience? shall be done to improve knowledge management practices in order to enhance learning and information sharing in relations to DRR and resilience programmes?
MINIMUM REQUIREMENTS: Education requirements:.......... Advance degree in Social Science Work Experience: Fiver years of experience in disaster management and experience in analytical development work such as multi sector assessments at national level. Strong knowledge of national and subnational context i.e. socioeconomic, environmental, humanitarian and development aspects. Strong knowledge of national and local policies pertinent to disaster risk management, social service delivery, and various planning processes in the country. Analytical skills and utilising various qualitative and quantitative tools and methods. Knowledge of one or two sectors of the education, nutrition, WATSAN and health. Knowledge of humanitarian coordination mechanism in the country. Strong knowledge of the DRR and community resilience concepts and frameworks, and current related debate and initiatives in the country. High quality writing skills Good contacts with local institutions (Government, NGOs, INGOs) and strong facilitation and presentation. Language requirement: Excellent spoken and written fluency in English and language of the duty station. Competencies: Communication, Working with People, Drive for Results, Leading and Supervising, Formulating Strategies and Concepts, Relating and Networking, Persuading and Influencing, Applying Technical Expertise, Entrepreneurial skills.
Applications must include motivation letter, an updated CV, and a completed UN Personal History Form (P-11) available at goo.gl/9mvar. UNICEF and UN candidates must also include two recent Performance Evaluation Reports. Please DO NOT ATTACH COPIES OF TRANSCRIPTS, ACADEMIC DEGREES OR RECOMMENDATION LETTERS WITH THE APPLICATION. Please deliver/send your application to: Human Resources Manager, UNICEF-Ethiopia, Opposite ECA Compound, Adjacent to German House, P.O. Box 1169, Addis Ababa, Ethiopia, or by e-mail to hraddisababa@unicef.org
Only shortlisted candidates will be contacted. Applications from qualified women are encouraged
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here are two deaths within the first five minutes of The Hangover Part III. One of them will not be described here since it involves a minor plot surprise. But the other is worth mentioning. Alan, the nerdy character played by Zach Galifianakis, is driving home with a giraffe in a trailer attached to his sports car. Since the animal has to duck under a couple of freeway underpasses, it is not hard to guess what might happen next. The poor creature is graphically decapitated, causing a massive freeway pileup. "This is an early sign of the movies desperation. PETA and other animal lovers should be warned, as there are a few other dead animals on the horizon. The Hangover III is so determined to defy political correctness that it breaks one of the last cinematic taboos. Any schlockmeister can slaughter hundreds of people on camera, but how many filmmakers dare to kill dogs, other mammals, and even smother a rooster? But this cavalier attitude toward the killing of animals is just about the only eyebrow-raising touch in an otherwise tame and pallid climax to the Hangover trilogy. Young viewers looking for unbridled raunch will be sadly disappointed, and so will other moviegoers expecting more than a few wan chuckles. This picture is like a brightly colored balloon with all the comic air seeping out. The first Hangover was honestly outrageous and frequently hilarious, but it is worth remembering that it also had a very clever story devised by screenwriters Jon Lucas and Scott Moore. Part II, which was co-written by the director of all three films, Todd Phillips, was bigger but not better, though it did have a few memorable jolts of lewd, crude humor. Part III is a step further down, and there were very few laughs from the young male viewers recruited at the screening I attended. That wont hurt the initial box office numbers, which will be huge, but word of mouth may kick in and puncture the grosses after the first weekend.
As the giraffe scene indicates, the new movie opens by suggesting that Alan is in serious need of help. With the instigation of his family, the other members of the WolfpackPhil (Bradley Cooper), Stu (Ed Helms), and
Doug (Justin Bartha), decide to stage an intervention and drive him to a rehab facility in Arizona. They do not get too far into the desert when they are stopped by a menacing mobster named Marshall (John Goodman), who blames them for the theft of some gold bars that were stolen from him by the Asian gangster Chow (Ken Jeong), who has bedeviled the pals since the first movie. The ever hapless Doug is taken hostage, and to save his life, the other three have to find Chow and the gold. And so the mayhem begins. Their quest takes them to a mansion in Mexico, a jail in Tijuana, and eventually back to Las Vegas, where their adventures started. At a pawnshop in Sin City, Alan meets his soulmate, played by Melissa McCarthy in a cameo that is one of the movies only bright spots. The other cast members seem to be just going through the motions. After his Oscar-nominated turn in Silver Linings Play book and his even deeper performance in The Place Beyond the Pines, Cooper does not have to do much heavy lifting here. He still manages to be charming, and Galifianakis trots out his typical dorky shtick with some aplomb. But Helms is surprisingly lackluster on this outing, and Jeong was more startlingly funny in the earlier installments. The Hangover series has never offered much opportunity to its female performers. Heather Graham returns, but her new incarnation as pregnant hausfrau is completely unrewarding. There is one spectacular stunt which forces Phil and Alan to dangle from the roof of Caesars Palace. Otherwise, the visuals are as flat as the script. Sequels are rarely rewarding, but this sorry retread of a once inspired comedy only confirms the bankruptcy of sequel mania. At least is not fairly short, and although a bizarre end-credit sequence seems to be opening the door for another chapter, the filmmakers have promised that this will be the end of The Hangover. We can only hope. (The Hollywood Reporter)
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This column gives advice about new technologies as well as gadgets and provides information on how to use new products from the digital world. Any questions on the day-to-day operation of one's computer can be addressed by emailing Dereje who is willing to advise or assist readers whenever possible. email: d.letybelu@ethionet.et
with Dereje Letiyebelu
Microsoft is trying to fix what it got wrong with its radical makeover of Windows. It is making the operating system easier to navigate and enabling users to set up the software so it starts in a more familiar format designed for personal computers. The revisions to Windows 8 will be released later this year. The free update, called Windows 8.1, represents Microsoft's concessions to long-time customers taken aback by the dramatic changes to an operating system that had become a staple in households and offices around the world during the past 20 years. Microsoft Corporation announced it plans for Windows 8.1 earlier this month. The first details about what will be included in the update are being provided in a post on Microsoft's Web site. With the release of Windows 8 seven months ago, Microsoft introduced a startup screen displaying applications in a mosaic of interactive tiles instead of static icons. The shift agitated many users who wanted the option to launch the operating system in a mode that resembled the old setup. That choice will be provided in Windows 8.1, although Microsoft is not bringing back the start menu. The menu that could be found in the left-hand corner of a computer screen by clicking a Windows logo on all other versions of the operating system since 1995. The lack of a start button ranks among the biggest gripes about Windows 8. Microsoft is hoping to quiet the critics by allowing users to start the operating system in a desktop design with an omnipresent Windows logo anchored in the lower left corner of the display screen. Users will also be able to ensure their favorite he world got amazed on how laptops provided great mobility whenever needed to do some computing using a computer, or connects to the internet wherever. After a few years, here comes the net books, which provided the same benefits of the laptops, but with an added convenience because netbooks are lighter and compact, which makes it easier for us to carry it. Today, the world is enjoying the tablet PC's which is definitely a lot more lighter than net books, and is packed with a variety of features that are sometimes not available in laptops or netbooks. The Apple Company launched series of iPad tablets that are now being patronized by many. It is more preferred not only because of its amazing features, the prestigious name that comes with it, and the convenience of carrying it, since it is very light weight, but also because the iPad is equipped with too many features that can customize to the way one like it, and do more things that normally cannot do with net books or laptops. Some of benefits of using iPad versus the netbooks and laptops includes; Speed When browsing the internet, watching a movie, or playing games, everybady want a speedy computer that will not buffer or lag.
Windows
Aiming to quiet its critics and ease the "cognitive dissonance" caused by Windows 8's radical redesign, Microsoft is revising the operating system by allowing users to start the operating system in a desktop design with an omnipresent Windows logo anchored in the lower left corner of the display screen. Bing's search technology is incorporated.
applications, including Word and Excel, appear in a horizontal task bar next to the Windows logo. Windows 8.1 will lean heavily on Microsoft's Bing search technology to simplify things. As with Windows 8, the search bar can found by pulling out a menu from the right side of a display screen. Rather than requiring a user to select a category, such as "files" or "apps," Windows 8.1 will make it possible to find just about anything available on the computer's hard drive or on the Web by just typing in a few words. For instance, a search for "Marilyn Monroe" might display biographical information about the late movie star pulled from the Web, a selection of photos and video and even songs she sang. Anyone who want to hear a particular song stored on the computer or play a specific game such as "Angry Birds" will just need to type a title
into the search box to gain access within seconds. The redesigned search tool is meant to provide Windows 8.1 users with "pure power and instant entertainment," said Microsoft. Applications also can be found by sorting them by letter or category. Other new features in Windows 8.1 include a built-in connection with Microsoft's online storage system, SkyDrive, to back up photos, music and program files; a lock-up screen that will display a slide show of a user's favorite pictures; larger and smaller interactive tiles than Windows 8 has; and a photo editor. In an effort to avoid any further confusion about the operating system, Windows 8.1 also will plant a tile clearly labeled "helps
and tips" in the center of the startup screen. Microsoft made the dramatic overhaul to Windows in an attempt to expand the operating system's franchise beyond personal computers that rely on keyboards and mice to smartphones and tablet computers controlled by a touch or swipe of the finger. But Windows 8 has been widely panned as a disappointment, even though Microsoft says it has licensed more than 60 million copies so far. One major research firm, International Data Corporation, blamed the redesigned operating system for worsening a decline in PC sales by confusing prospective buyers. Meanwhile, Windows 8 has not proven it is compelling enough to put a major dent in the popularity of Apple Inc.'s pioneering iPad or other tablets running on Google Inc.'s Android software. Microsoft, though, remains convinced that Windows 8 just needs a little fine tuning. It is crucial that
8.1
Microsoft sets things right with Windows 8.1 because the outlook for the PC market keeps getting gloomier. IDC now expects PC shipments to fall by nearly eight percent this year, worse than its previous forecast of a one percent dip. IDC also anticipates tablets will outsell laptop computers for the first time this year. The growing popularity of tablets is now being driven largely by less expensive devices with seven and eight inch display screens. Microsoft built Windows 8 to primarily to run on tablets with 10-inch to 12-inch screens. If Windows 8.1 does not stimulate more sales of PCs and tablets running on the operating system, it could escalate the pressure on Microsoft. Microsoft's stock has risen by 25pc since Windows 8's release last October, outpacing the 17pc gain in the Standard & Poor's 500 index during the same period.
Worried about kids searching the internet via a regular search engine? Well fear no more, now kids can use KidRex, a kid safe search engine by kids for kids. Using Google Custom Search and Google Safe Search while maintaining its own database of inappropriate sites KidRex will bring children kid related sites from all over the web. Get started by checking out the Parents section to find out how the search engine works, tips for online safety, and how to set KidRex as a homepage. The best part is it works exactly like every search engine ever, except it only offers kid friendly sites on topics that kids want to check out. So they will type in a keyword, for example: dinosaurs and the search engine will bring up an assortment of hits of websites about dinosaurs that are kid friendly. There were games, information, and eve coloring pages. http://www.kidrex.org
KidRex
Advantages of Using the iPad

The iPad is definitely much faster than the common netbook, so anybody will never be disappointed while surfing or playing your online games. Everything can be done in just a matter of minutes using the iPad, which is not likely to happen, while waiting for your netbook to boot. Screen Appearance The iPad is made with the most modernized technology. No matter how one want to look at the screen; horizontal or vertical, everybody will always have the best view, since the display can adjust or switch to the way one hold the iPad. This is something
EMERGING HIGH - TECH GADGETS

iPad Pen USB 3.0 Aluminum Hub
The iPad Pen comes across as a wireless stylus which would make taking down notes on the iPad a cinch. In fact, it is said to be comparable in size and feel to its inkfilled cousins, and one will be able to use it with free downloadable apps including IdealNotes or FlyNotes, alongside the included wireless infrared receiver. All work can then be saved as JPEG images on the iPad, so that one can edit them later on at his convenience. Each iPad Pen will be powered by a couple of SR41 batteries and accompanied by a replacement tip. Apple users would seem to be more suited for the Satechi 7-Port USB 3.0 Aluminum Hub, since it has the kind of external looks that are ideal for the Mac and MacBook. Boasting a sleek, compact design and additional connectivity for multiple USB-based devices that will include (but are not limited to) flash drives, printers, digital cameras, and external hard drives, the Satechi 7-Port USB 3.0 Aluminum Hub sports a slim, strip shape design which takes up as little room as possible on your desk, and the way it is laid out makes life a cinch when anybody want to plug in or remove devices in a jiffy. Do bear in mind that the plug and play 7-Port USB 3.0 Aluminum Hub would be accompanied by its own power supply, where that would deliver speedy data rates of up to 5Gbps, which is 10 times faster compared to USB 2.0, making it a snap to transfer photos, music, and HD movies.
not available in regular netbooks, which makes it one of the advantages of the iPad, against netbooks and laptops. Long Battery Life One of the disadvantages of netbooks and laptops is the limited time one can use it outside. Normally, netbooks and laptops can only last for two hours with medium use, while the iPad can last up to 10 hours of medium use. This makes it the best companion to bring outside, so everybody can be sure to have something to use, in case one need to check an mail, visit facebook account, surf the internet, and so much more! Sure Connection All the Time Netbooks and laptops can be used outside to connect to the internet using Wi-Fi. However, everybody know that Wi-Fi is not always available around, which makes a netbook or laptop less useful. This is not the case if one has an iPad with a data service in order connect to the internet via 3G or 4G. These are the main advantages of the iPad over the netbooks and laptops that are used. Although the iPad may also have its own disadvantages, many still believe that it gives more advantages to the people in terms of effectiveness and convenience.
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South Sudan Oil Output Target Needs at Least a Year

Both sides have finally agreed on a chairman for an oil monitoring body. Diplomats hope that both Sudans, which fought one of Africa's longest civil war ending with a 2005 peace deal, understand they have to work together to avoid economic disaster. Last week, South Sudan's President Salva Kiir was in Japan to discuss building an alternative pipeline through Kenya with Toyota Tsusho Corp. Germany's ILF Consulting is also conducting a feasibility for a pipeline through Ethiopia and Djibouti. But after years of planning some officials admit the project might not be financially viable given dwindling known reserves. "Maybe in the next 20 to 30 years it is just finished and we are left with a hollow pipe," said Odwar, adding that other plans to export oil by train or trucks were completely unfeasible. Analysts are equally sceptical about Sudan's plans to boost production to become an oil exporter itself again. Its output now barely covers domestic demand. Sudan has signed new exploration deals but has trimmed forecasts. It had planned to pump 180,000 barrels a day by the end of last year but now official output stands at around 136,000 barrels a day - a figure diplomats say is up to 15,000 barrels a day too high. "I don't think they will make big discoveries," said Harry Verhoeven, Sudan researcher at Oxford University. "Both sides always say they don't need each other, they can manage without oil but in the end it's a mutual dependency." (Reuters)
outh Sudan will restart oil exports this month but will need at least a year to restore output fully after fighting with Sudan damaged facilities and hit the performance of oilfields, industry sources say. Production is unlikely to get much higher than 230,000 barrels a day this year after the restart in April, the sources say. South Sudan had hoped to have an output of 200,000 barrels a day in place by mid-April but new tensions with Sudan led to delays. "There is a possibility that by next year, June, we will have reached the levels we had before the shutdown," said Henry Odwar, head of the energy and mining committee at South Sudan's parliament. The landlocked producer agreed in March with Sudan to resume exporting oil through two cross-border pipelines, ending a shutdown started in January 2012, in a row with Khartoum over pipeline fees. Oil is the lifeline for both nations, formally one country. Fields in South Sudan's Unity state and a treatment plant in Heglig in Sudan were both damaged during border skirmishes between the two countries last year. Two months after turning on wells, these fields near Bentiu produce only between 10,000 and 20,000 barrels a day, said Odwar. An oil source said production there would not exceed 30,000 barrels a day in the next months, less than half of previous output. Engineers have struggled to restart some wells, which were not closed properly when the government rushed operators to turn off the oil in January 2012. Last month, the oil was briefly halted at Jebelain, a Sudanese processing facility at the border, where it has water removed before continuing through the eastern pipeline to Port Sudan, where it is loaded for shipment. Sudan said the waxy Dar Blend oil had not yet reached the necessary quality to be sold abroad. But, oil sources say, while there might have been a technical issue, Khartoum also halted flows to warn South Sudan to sever ties with rebels on Sudanese soil. "We came close to disaster because South Sudan almost had to shut down its output as it lacks storage," said an oil insider. South Sudan was forced to halve output to 105,000 barrels a day. Oil officials in Juba were worried the pressure would blow a hole in the pipeline, or wreck oil facilities. After two days of frantic phone calls between the African neighbours and international mediators the oil is back on its way to Port Sudan, but Southern officials are under no illusion that more disruptions might occur. "Sudan has yet to prove that they are going to be a reliable partner in terms of the oil flow," Odwar said. "We don't know what the next surprise will be." Sudan's President Omar Hassan alBashir warned last week he would shut
Workers for Chinese company Zhongyuan Petroleum Exploration Bureau stand on the drilling platform of an oilrig near Melut, in the Upper Nile, Sudan.
down the pipes if Juba kept supporting insurgents operating across the shared border, claims denied by the South. South Sudan used to put its preshutdown output at 350,000 bpd but recently officials have said it was closer to 300,000 barrels a day. Both governments have made little effort to disclose accurate production figures, wary of corruption charges from critics, said Nhial Bol, editor of South Sudan's Citizen TV, the country's only private channel. "There is no transparency about the capacity. This is a government-designed policy," he said.
South Sudan's oil sales are also suffering from surging costs for the operating companies, dominated by China National Petroleum Corp (CNPC), Malaysia's Petronas and India's ONCG Videsh. Analysts say the foreign firms are entitled to a share of the oil production but have not been paid much during the shutdown, during which they maintained the fields. Costs have jumped particularly since September when Juba ordered them, after a first oil deal with Sudan, to prepare wells - only to wait another seven months. "Sudan and South Sudan took their time
with tactical games so now there is a nice bill to be paid," said an industry source. Some light quality Nile Blend crude, produced from small fields in Unity state, is also not going to Port Sudan to be sold abroad, oil sources say. Instead it is flowing to a refinery in Khartoum which is co-owned by CNPC, which also dominates the oil sector in Sudan. For transparency and to avoid disputes both sides should set up, as agreed, metering systems and phone links between oil facilities, said Endre Stiansen, Special Envoy of Norway which advises Khartoum and Juba on oil issues. "Some of it has been done," he said.
Eritrea Says it has Struck Deal to Resettle its Migrants
n unidentified country has agreed to take in Eritrean illegal immigrants living in Israel, according to Israeli court documents. Humanitarian agencies say many of the 60,000 African migrants who have walked into Israel from Egypt should be considered for asylum. Israel regards most of them as illegal job-seekers, and a national debate on deporting them has stirred strong emotions in a Jewish state founded by war refugees and immigrants. At a Supreme Court hearing last week on the legality of detaining asylum-seekers who entered Israel surreptitiously, a government lawyer said a deal to resettle "infiltrators from Eritrea" had been reached with a country she did not identify. Israeli government officials declined to comment, but local media speculated that the statement was a tactic to forestall any court moves to release migrants detained for long periods. An estimated 35,000 Eritreans are
Humanitarian agencies say many of the 60,000 African migrants who have walked into Israel from Egypt should be considered for asylum.
currently in Israel. Returning them to their homeland, a reclusive state accused last year by the UN human rights chief of torture and summary executions, is problematic under international law. But moving them elsewhere could also raise legal issues. The UN High Commissioner for Refugees says resettlement can only be considered once refugee status has been granted,
something Israel has not done, although exceptions can be made. "There is an arrangement with one country, which will be an enddestination and not a transit point," the attorney said, according to a transcript provided by the Justice Ministry last week. She told the court she could not reveal the name of the country because the hearing was open to the public. Israel's Army Radio said the country was in East Africa. Other media reported that Israel had offered it financial incentives to take the migrants in. In all, more than 60,000 Africans, most of them men, have walked into Israel in recent years seeking work or refuge. Some 2,000, most of them caught at the Egyptian frontier, are being held in a detention center in southern Israel. Pledging to stem the flow, Israel has responded by erecting a heavily patrolled fence along the Egyptian border, pursued legal penalties against Israelis who hire migrants without work permits, and launched deportation drives, although these have been small-
scale so far. "Compared with the more than 2,000 infiltrators who entered Israel exactly a year ago and dispersed in various cities, only two crossed the border last month, and they were arrested," Prime Minister Benjamin Netanyahu said last week, attributing the steep decline to construction of the barrier. "Now we have to focus on repatriating the illegal infiltrators already here, and we will fulfill this mission," he said in a statement, which made no mention of any resettlement arrangement. An unidentified country has agreed to take in Eritrean illegal immigrants living in Israel, according to Israeli court documents. Humanitarian agencies say many of the 60,000 African migrants who have walked into Israel from Egypt should be considered for asylum. Israel regards most of them as illegal job-seekers, and a national debate on deporting them has stirred strong emotions in a Jewish state founded by war refugees and immigrants. (AP)
P ag e 59
Kerry to Appoint Envoy to Sudan after Oil Dispute with South

more time is available, the State Department said. The top US diplomat also called on Nigeria to respect human rights as it battles the Boko Haram Islamic militant movement. We defend the right completely of the government of Nigeria to defend itself and to fight back against terrorists, Kerry said. He said he has raised with the government the importance of troops not themselves engaging in atrocities or human rights violations as they crack down on Boko Haram. To their credit, the government has acknowledged that there have been some problems and theyre working to try to control it, Kerry said. Boko Haram has carried out gun and bomb attacks across Nigerias north and Abuja, the capital, since 2009, saying it is fighting to establish Islamic rule. President Goodluck Jonathan imposed emergency rule in three northeastern states on May 14, and the Nigerian army last week began an air and ground offensive against the group. The State Department last week condemned vicious terrorist attacks in neighboring Niger this week that left 23 people dead. A group linked to AlQaeda in the Islamic Mahgreb said it participated in the suicide bombings. Kerry also held talks today with United Nations Secretary-General Ban Ki-Moon, whos attending the African Union Meeting. They discussed preparations for a Syria peace conference to be held in Geneva next month, an initiative of the US and Russia, the State Department said. (Reuters)
S Secretary of State John Kerry said he will appoint a new special envoy to Sudan and South Sudan, after a dispute over oil revenue between the newly separated states brought them to the brink of war last year. The dispute involves very significant border challenges as well as problems related to secularism and Islamic law, Kerry said at a press conference in Addis Abeba, Ethiopia today. He called for a referendum on the status of the disputed Abyei region. South Sudan seceded in 2011. Most of the formerly united countrys oil fields are in the south. Disagreements over revenue from the crude, which is carried through the north via pipelines, led to a 15-month shutdown of oil production before it resumed last month. The two nations have also deployed troops near the border, and each has accused the other of backing rebels in its territory. Kerry, whos attending the 50th anniversary meeting of the African Union in the Ethiopian capital, met with Sudans Foreign Minister Ali Karti last week. Scheduled talks with South Sudans President Salva Kiir were postponed to a later date when
udan will produce at least 50tns of gold and 40,000tn of chromium this year, the African country's mining minister told state news agency SUNA on Thursday. Gold has become Sudan's biggest export, partially replacing oil revenues that made up more than 50pc of state income until 2011, when South Sudan became independent and took with it most of Sudan's oil reserves. Sudan will produce 50tn of gold this year from traditional, manual techniques alone, up from 42tn last year, said the Minister, Kamal Abdel-
Sudan Aims to Produce 50tn of Gold in 2013

Gold has become Sudan's biggest export, partially replacing oil revenues that made up more than 50pc of state income until 2011.
Latif. Sudan produced around 50tn in total last year. Half a million individual miners make up the bulk of the country's gold production, but reliable data is hard come by. Part of the output gets smuggled into neighbouring countries to be sold on major gold markets such as Dubai. The country also has more modern, mechanised mines, the biggest of which, Hassai, is undergoing investment to drill deeper as its surface deposits are largely exhausted. Hassai's production data has been difficult to acquire since its owner, Canada-based La Mancha, was bought last year by Egyptian business tycoon Naguib Sawiris and was delisted. Eight mining firms produce in Sudan, the Minister said, adding that more than 80 others were still at the exploration stage. Abdel-Latif's forecast for chromium production of 40,000tn is roughly in line with previous forecasts. Industry executives say Sudan is high on the list of exploration firms in Africa because much of the vast country is unexplored. US sanctions and Sudan's multiple conflicts have deterred many firms in the past, but investor interest is now on the rise due to high gold prices. Sudan has handed out exploration licenses to companies from China, Turkey, Morocco, Russia, Iran and other countries. (Mining Weekly)
East African Firms Set Sights on Somalia as Recovery Takes Root

ast African firms said on Wednesday Somalia was an increasingly enticing market as it strives to cement security gains against al Qaeda-linked insurgents and spur an economic recovery. The Horn of Africa country needs rebuilding from scratch. Just 10pc of its roads are paved while 95pc of the country's 10 million people have no electricity. In the capital, Mogadishu, mushrooming construction sites, solar-powered street lamps and beach front cafes point to a delicate rebound, albeit one largely confined to the city. "Somalia is a fantastic prospect," Prasad Karey, head of sales and marketing at Kenya-based Athi River Steel Plant, said. Such a view would have been unthinkable barely two years ago when al Shabaab rebels still held bases across the capital and other major urban areas in southern and central Somalia. They have since been pushed back into rural areas and militarily weakened by a military offensive led by African peacekeepers and government forces. Athi River Steel Plant plans within half a year to export 300tns a month, about 10pc of its total monthly exports, to Somalia to capitalise on the building boom.
The snag: there are no paved roads linking Kenya to its neighbour, meaning the steel manufacturer will have to ship by land and sea, lifting its prices above foreign competitors. The steel manufacturer's answer is to undercut rivals and sell at a loss in order to penetrate the market, banking on improved access to the Somali market in the longer term. "That could give us a big edge," Karey said at a regional investor conference for Somalia in the Kenyan capital, Nairobi. In a sign of how key the private sector is seen to driving Somalia's recovery, ministers from both the central government and the breakaway region of Somaliland attended the conference. That was in sharp contrast to a high profile meet on Somalia's political future in London boycotted by Somaliland. It is not just small firms with an appetite for risk eyeing Somalia. Kenya's largest bank by assets, Kenya Commercial Bank, said in April it was keen on expanding into Somalia. Kenya-based freight carrier Astral Aviation started flying into Mogadishu two years ago when African troops routed the al Shabaab rebel group from its capital redoubts. In that time, it has mostly carried relief food and medicines for aid agencies, but the market is shifting as diplomatic missions open up and Somalis abroad
Somalia is becoming one of east African countries, which attracts foreign investors engaged in the oil and gas sector.
return to invest. Astral Aviation's Mustwafa Murad said flights there required extra paperwork and extra security checks, incurring added costs. Other operators complain of widespread corruption. "In terms of growth potential, I think Somalia is number one in the market right now," said Murad, forecasting business in coming from years from oil and gas firms eyeing Somalia.
Civil war has starved Somalia's government of cash. It wants to attract investors willing to stump up hundreds of millions of dollars to fund large-scale energy and transport projects. With al Shabaab deprived of territory and funding, Nadifa Mohamed Osman, Somalia's deputy minister for public works and reconstruction, said now was the time to invest in Somalia. But the risks remain high. Al Shabaab
suicide bombers have been able to attack sites in Mogadishu with alarming ease. Peacekeepers still patrol the streets in armoured vehicles. "Yes you have to be security savvy," said Mohamed Abdi of the Somali Chamber of Commerce and Industry. "Investment will mean employment and jobs mean fewer potential recruits for the insurgents. It is high risk, high reward."(Reuters)
P ag e 60
LEISURE
PART THREE
PROTECTION OF CONSUMERS
26. SELF DISCLOSING
1) Any business person shall display his trade name in an overt place. 2) Any business person, shall, upon a request by a consumer relating to goods or services he sell, satisfactorily disclose himself and let the consumer take the information he wants. 54)&6
N.B. Basic goods or services mean goods or services related to the daily need of consumers, the shortage of which in the market may lead to unfair trade practice. Basic public utilities means utilities such as water, electricity, telephone and the like and Unfair Trade Practice means any act in violation of provisions of trade related Laws.
Proclamation No. 685/2010.
Aries You are likely to be chosen as a representative by your seniors for some very important projects overseas. You will be at your impressive best and will also get an opportunity to move your career really forward. Your inputs and suggestions will be appreciated by almost everyone. This week your chances of getting a promotion are quite high. Taurus This week you will get many opportunities to exhibit your talent. Your ideas will be unique and will help you stand out in the crowd. Some of you will be favoured over your peers during this period. This is good time for achieving the impossible in your workplace. Whether it is business or a job, whatever you undertake will reach its target. Don`t ever take things for granted. Gemini This week the guidance of an expert or a colleague will motivate you to achieve more on the career front. You`ll benefit from this opportunity and learn a lot from his experiences. This is a good week to make decisions regarding what you want to do in future. Models may not have a great week and may need to struggle a bit more. You may also not get selected for a project you were keen to be a part of. Cancer This week a business related journey is highly indicated for those of you in the travel industry. However, this journey may not bring you the expected results. Business people will have to wait for a better time to start new ventures. Wait for a while if you are thinking about changing your job. Your career will get a big boost from all the hard work that you`ve been doing recently so you will do just fine if you stick to your present job. Leo This week is a good period for media and communication professionals. Some of you looking for a change come across a good offer; accept it immediately. Partnerships are likely to do extremely well during this time and will help you achieve your career goals sooner. Your choices will be quite good for you and will boost your career prospects.
Virgo This is a week when you need to be very careful about completing your work on time. Your seniors may be displeased with you if you fail to meet your deadlines. Crosscheck all your documents and important mails as misunderstandings are indicated. Keep your guard up and don`t trust anyone easily this week. Libra This week your inability to express your ideas effectively may act as a hindrance to progress. Also, you may find it hard to finish off work that has been assigned due to some obstacles that you find hard to overcome. As the week comes to an end you`ll find a solution to some of your problems. Teamwork will help you handle work much better this week. Scorpio This week, obstacles that you have been facing in recent times shall get significantly reduced. You may be a bit busy with your work and find it a bit difficult to organise your schedule. Team effort helps you a lot this week. Fashion designers will have to be a bit more co operative with your colleagues. A better future awaits business professionals this week. Sagittarius This week a career counselor will give you a great piece of advice. This guides you towards the right direction and you make some smart career moves. Some of you will be very happy with the way things progress this week. Your seniors will be highly impressed with your work and will hold you in high regard. Meetings will be handled smartly and you will leave no room for complaint. Capricorn This week you will achieve success by acting on your creative ideas. Your hard work and good performance pays off and your career gets a big boost at this time. Just make sure that you achieve your targets and finish off your work on time. Those of you thinking of applying for a new job need to wait for a better time. A new job at this time will not give you the same satisfaction that your present job does. Aquarius This week everyone at work will appreciate the pace at which you get your work done. Use the assistance of your seniors to sort out some tricky problems at work. Don`t take decisions in a hurry as you may make some silly mistakes especially towards the middle of the week. If you get a very good job offer from abroad do accept it by all means as it could change your life forever. Pisces This week you will get many opportunities to exhibit your talent. Your ideas will be unique and will help you stand out in the crowd. Some of you will be favoured over your peers during this period. This is good time for achieving the impossible in your workplace. Whether it is business or a job, whatever you undertake will reach its target. Don`t ever take things for granted.
Independent News & Media Plc
IMMEDIATE VACANCY
News EDITOR He or she must be able to supervise and train reporters, handle the pressure of daily deadlines, and lead by example with truly top-notch writing and reporting skills. Applicants must have the ability to develop excellent sources and produce groundbreaking stories about the business sector, together with the reporters they work with. The successful candidate must be a self-starter with the ability to react to and cover breaking news and also identify trends and write features in numerous business arenas. The ideal candidate for this position will possess a working knowledge of both public and business sectors and have the ability to write daily reports and edit, if necessary, weekly news stories for and about the economies of Ethiopia and other countries in the region. The work requires the ability to file weekly story budgets and give editors advance notices of stories in progress. The ideal candidate will have excellent organisational skills and the ability to meet strict deadlines and work in a fast paced entrepreneurial environment. Three to five years of experience in writing for newsletters or economic journals or working in a media environment is preferred but not required. REPORTERS We are searching for candidates who are graduates of law, political science, journalism, economics, finance, or literature from recognised universities. The ideal candidate should handle the pressures of daily deadlines, not be intimidated by workload pressure and stress, and have exceptional writing and reporting skills. Applicants must be well-grounded in news and have the ability to uncover stories about the economic and business sectors. Candidates must be able to write five originally sourced news stories each week, in addition to an unspecified number of shorter, non-reported daily briefs. Experience is preferred but is not a strict requirement. Some travel for coverage may be required.
Test 1
Find the missing word that will fit the rule of the below example. ROPE (PART) ANTE SHAM(_ _ _ ) PIER
Answers from last week:

Test 1
Test 2
If 3x6=24, then 4x3=?
COASTER
Test 2
HERMIT, NAUSEA
Test 3
What is the missing number? 24 18 30 1 1 1 4 4 4 3 1 ?
Test 3
JITTERBUG,QUADRILLE POLONAISE
Answers next week...
It is absolutely essential that candidates enjoy working on multiple assignments, in a high-energy environment, and have the ability to collaborate with other members of the editorial team. All of the positions are in Addis Abeba. Successful applicants will be paid an attractive salary and be provided with other benefits. Please submit your applications, attached with relevant testimonials, to:
Independent News & Media Plc

Tegene Building, 7th Floor. Next to Global Hotel on Sierra Leone Street (Debre Zeit Road) Tel: 251-11-416-3020 Fax: 251-11-416-3039. P.O. Box: 259, Code 1110, Addis Abeba, Ethiopia
An applicant is being interviewed for admission to a prominent medical school. Tell me, enquires the interviewer, Where do you expect to be ten years from now? Well, let us see, replies the student, It is Wednesday afternoon. So I guess I will be on the golf course.
ECONOMIC AND INVESTMENT INDICATORS
P ag e 61
Exchange Rates for Transactions Transaction June 6, 2013

For the supply of 45 office tables, 45 swivel chairs, 360 guest chairs and 90 medium tables. Address: Federal Micro & Small Enterprises Development Agency. Tel: 011 -553-0427. Closing Date: June 17, 2013. Publication: The Ethiopian Herald, June 05, 2013. For the procurement of 4WD pick up diesel. Address: Messebo Building Materials PLC. Tel: 348-440-0670. Closing Date: June 18, 2013. Publication: The Ethiopian Herald, June 05, 2013. For the supply of spare parts. Address: Water Works Construction Enterprise. Tel: 011-439-6044. Closing Date: June 26, 2013. Publication: The Ethiopian Herald, June 06, 2013.
Currency Buying 18.5884 28.5629 24.2913 19.6287 2.8189 3.1942 3.2588 0.1064 0.1869 17.9772 0.3274 0.2184 17.7910 27.967177 1.8805 Selling 18.9602 29.1342 24.7771 20.0017 2.8725 3.2549 3.3208 0.1084 0.1906 18.3187 0.3337 0.2226 18.1290 28.498554 1.9162
Exchange Rates for Cash Notes

Cash June 6, 2013
For the procurement of training services. Address: Construction Design S C. Tel: 011-442-0624. Closing Date: June 26, 31 2013. Publication: The Ethiopian For the construction of Herald, June 04, 2013. Elementary school dry latrine For the supply and installation and school water system. of photo voltaic system. Address: Address: Enrichment Centre Public Property & Disposal for Disadvantaged. Tel: 093Services. Tel: 011-122-3755. 001-4226. Closing Date: June Closing Date: July 21, 2013. 24, 2013. Publication: The Publication: The Ethiopian Ethiopian Herald, June 02, Herald, June 05, 2013. 2013.
Last updated on June 5, 2013.

VESSEL VOY. LATEST POSITION EXPECTED POSITION
BLACK SEA PORTS SERVICES
Union Trade ESTR84 At Djibouti May 27 ETD Djibouti June 11
DESTINATION
FAR EAST PORTS SERVICES Finfine Harar Shebelle

01EB At Tianjin June 05 ETD Tianjin June 09 - June 10
Median 27EB
At Port Disckson At Shanghai
June 03 May 17
ETA Djibouti ETB Shanghai ETA Shanghai
June 14 - June 15 June 05 - June 06 June 08 ETA Ningbo ETD Ningbo June 09 June 14 - June 15
Birr is expressed in terms of one unit of each foreign currency applicable on June 6, 2013.
Source: National Bank of Ethiopia.
ETD Djibouti
July 05 - July 06
GULF and INDIAN PORTS SERVICES Admas 129WB

At Sea ETA Mumbai June 07 - June 08 ETA Djibouti June 18 - June 19
ETA Mumbai
June 12 - June 13
Andinet
146EB
At Sea
ETA Djibouti
June 10 - June 11
ETA Sharjah
June 22 - 23-06
ETA Djibouti
June 17 - June 18 June 07 - June 08 ETD Kimits ETD Kimits June 17 - June 18 June 19 - June 20
Assosa
01WB
At Port Klang
June 01
ETD Port Klang
ETA Djibouti
June 17 June 08 June 10
Benchmark Currency Rates

CURRENCY EUR-USD GBP-USD USD-JPY AUD-USD USD-CAD USD-CHF VALUE 1.3114 1.5426 99.1300 0.9454 1.0346 0.9414 CHANGE +0.0021 +0.0020
+0.0700 -0.0088 +0.0001 -0.0007
Gambella
01EB
At Jebel Ali
May 22
ETD Jebel Ali
June 07 - June 08
ETA Sharjah ETD Sharjah
ETA Djibouti
June 17
% CHANGE (0.16%) (0.13%) (0.07%) (0.92%) (0.01%) (0.07%)
Source: www.bloomberg.com.
June 6, 2013
Gibe
21WB
At Sea
ETA Jebel Ali
June 10 - June 11
ETA Jebel Ali
June 20 - June 21
Mt Bahir Dar
Median
At Djibouti
Jan 17
ETD Djibouti
June 11
his chart displays the exchange rates of eight major world currencies. Scan across the chart to find the rate of exchange between any two of the currencies.
Mt Hawassa Netsanet
Median
At Djibouti
Mar 01 June 03
ETD Djibouti ETD Djibouti
June 11 June 05 - June 06 ETA Sharjah ETD Sharjah June 10 - June 11 June 13 - June 14 June 13 - June 14
150WB
At Djibouti
Tekeze
66WB
At Sharjah
June 04
ETD Sharjah
June 08 - June 09
ETA Djibouti
Source: Ethiopian Shipping Lines.
International Hard and Soft Commodity Prices

COMMODITY GRAINS Coffee 'C' Future (Usd/Lb.) Corn Future (Usd/Bu.) Soybean Future (Usd/Bu) Wheat Future (Cbt) (Usd/Bu) LIVESTOCK Live Cattle Future (Usd/Lb) MINERALS Gold 100Oz Future Usd/T Oz) SOFTS Sugar No. 11 (World) (Usd/Lb) INDUSTRIALS Cotton No. Two Future (Usd/Lb) Price Change % Change 5 5 127.45 543.75 1,528.50 700.50 119.50 1,398.31 16.38 82.80 -0.20 +1.50 -3.50 -1.00 +0.23 -5.12 0.00 -0.72 -0.16% +0.28% -0.23% -0.14% +0.19% -0.36% 0.00% -0.86%
ECX

Coffee Type
Symbol
(Birr/Feresula)
Washed Export Coffee Yirgachefe WYC Unwashed Export Coffee Bale UBL Forest UFR Jimma UJM Keffa UKF Nekemete ULK Sidama USD Yirgachefe UYC Local Coffee Washed LW Unwashed LU White Pea Bean - RD Pea Beans Symbol Pea Beans -FT FWPA White Pea Bean - RD Pea FWPA Pea Beans -RD Wellega Sesame Whitish Wollega Sesame Seed Humera Sesame Whitish Humera/Gondar Sesame Seed RWPA WWSS WHGS
Please send us your events for next week by email to theweekahead@addisfortune. com. We will print your information in this corner of our publication for free. Use the opportunity to promote your big events.
11 Jun - 13 Jun 2013
Business Calender 2013
1,260 822 775 809 806 821 823 823 736 519 1,020 1,163 3,555 3,656
MARKEX & World of Events-Marketing, Promotions and Special Events Johannesburg, Exhibition
Business sectors: Advertising, Marketing, Exhibition Industry, Convention Industry, Shop Fitting, Display
11 Jun - 19 Jun 2013
These international commodity prices are indicative of future prices as speculated by market analysts. They are, therefore, subject to change. They are in US dollars, and the prices recorded are those of June 6 , 2013.
South Africa
Importer
TIBAALUMINUM & METALS Country: Egypt Sector of interest: household utensils and aluminum ores hotel, metal, stainless steel and smelting and manufacturing of aluminum scrap and metal ores for the purpose of recycling. Mobile: (+2) 01222457080, (+2) 01223153530, (+2) 01003006700 E-mail: tibaalaidy@hotmail.com Website: www.tibaalaidy.com
ALJALAL ELECTRICAL TRADING Country: sharjah, UAE Sector of Interest: Cable Accessories, Fans, flexible Cables, Generator Glands, and Connectors, Isolators, Light Fitting, LV Switch Dears, Power Caples & Building Wires, Transformer, Contact person: Mr. Umashankar, product manager, Mr. Imran Baig, Sales Engineer Tel: +971 6 5549593 Fax: +971 6 5549592 Mobile +971 50 5397663, +971 55 8125242 E-mail: Shankar.rk@aljalal.ae, baig@ Tryall Inc. Seeking an oil & Gas aljalal.ae Website: www.aljalal.ae Procurement Distributor Tryall is Susan browns Baby Inc Seeking global distributor of a full range of Distributors & Retailers Area of Oil & Gas MORE supplies Industrial interest: Natural Skin Care for baby and Equipment & supplies: OCTG Mom. Botanically based ingredients, Forging Components Lubricants developed especially of sensitive babies and paints Welding Supplies Drilling and moms. Exceptionally soothing, Fluids Methane Gases Electrical highly effective, dermatologist tested. and Instrumentation Goods PPE: Tel: 480-212-0049 Fax: 480-212-0039 Complete line of safety Apparel & Email: susan@susanbrownbaby.com Equipment Website: www.susanbrownsbaby.com
Kitchen equipment, Electric Household Appliances and Air Conditioning Trade Fair
Tunis, Tunisia
Business sectors: Kitchen and Bath
13 Jun - 14 Jun 2013
AVIANA AFRICA - Kenya-International Expo for Poultry & Livestock

Business sectors: Animals, Animal Breeding, Veterinary
Mombasa, Kenya
Last updated on June 7, 2013.
To avoid criticism do nothing, say nothing, be nothing.
Elbert Hubbard
Nekemete
P ag e 62
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P ag e 63
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Volume 14 No.

684, SUNDAY, June 9, 2013

Addis Ababa City RoadsAuthority 3.75b Br

Other 74 Sectors 9.6b Br

Capital Budget 13.15b Br

Addis Abeba Water & Sewerage Authority 2.02b Br

Housing Development Project Office 1.16b Br

Contingency Budget 1.77b Br

Addis Abeba Budget Evolution

Get Help, Open Up: IMF Tells Govt

By Tamrat G. Giorgis Fortune Staff Writer

You can scan the bars here for easy downloads!

AIB (166.9m Br)

Established in May 2000.

Volume 14, Number 684 Sunday, June 9, 2013

Monthly Saving: 274 Br

Monthly Saving: 1,033 Br

Cost 386,400 Br Monthly Saving: 2,453 Br

Banking Backlog as Housing Scheme Registrations Begin

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

Photo by: Kalkidan Mihretu

Get Help, Open Up: IMF . . .

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

(Cont'd from PAGE 3)

Read Less: Know More

Trade Registrations, Licensing in all Districts

Forum Discusses Ethio-Finnish Trade Ties

New Directive for Road Accident Emergency Treatment

Photo: Fortune File

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

Dispute Over Demolition of Charity Building

Govt to Introduce New Construction Pricing Directive

Mekuria Haile, minister of MoUDC.

Photo by: Kalkidan Mihretu

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

City Budget Leaps by a Quarter

Photo by: Kalkidan Mihretu

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

Plan to Connect Addis Abeba With Surrounding Special Zones

By Ashenafi Endale Fortune Staff Writer

Seventy Years of Anbessa Buses

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

Photo by: Samuel Habtab

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

The ERCA Gets New Boss

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

Local Firms Shine at ICT Exhibition

Photo by: Samuel Habtab

Photo by: Samuel Habtab

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

Photo by: Samuel Habtab

Photos by: Samuel Habtab

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

HUDA Real Estate PLC VACANCY ANNOUNCEMENT

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

Noise Pollution Suspensions

Fo rt u n e Vo l . 14 No. 684 J u n e 9, 2013

Addis Ababa University

Calls for Applications for MA and PhD Programmes

Deadline for application: 30 June, 2013

By Agnes Binagwaho