Items filtered by date: Saturday, 12 August 2017
Saturday, 12 August 2017 21:58

Foundation Publishing Late Meles’ Papers

Addis Ababa August 12/2017 Over 400 papers that will transcend the legacies of the late Ethiopian Prime Minister Melese Zenawi to the new generation are collected and being published.

 Accordingly, five books that consist some of the papers are already published and will be inaugurated at various events organized in connection to his 5th year memorial started from Saturday, said Azeb Mesfin President of Meles Foundation.

The books consist papers written by the late PM in the areas of rural development; industrialization; foreign affairs and security; capacity building; and democracy are already published

Though little work has done in collecting the papers he has written and transcending his legacy, Azeb said that a number of papers have so far been collected.

In addition to the publications, this year's memorial of the late Meles will also be observed through planting of trees, sports and art performances as well as panel discussions, she added.

 Research papers on development and developmental thought, federalism, women and youth empowerment, green development, democratization, and diversity will be presented on the panel discussions.

Meles Zenawi, who ruled Ethiopia for 21 years, has died in 2012 while undergoing treatment abroad.

Under his leadership, Ethiopia has registered a remarkable progress in social, political and economic arenas.

Published in Social
Saturday, 12 August 2017 21:51

Parties Conclude Negotiation on First Agenda

Addis Ababa August 12/0017 The 17 national political parties have concluded their negotiation on the proclamation for registration of political parties on Saturday.

 In their last day negotiation the parties have added two new sub-articles, amended one and omitted another.

 One of the introduced sub-articles is related to government financial support to political parties.

 Previously, the government grants support to parties for election purpose for federal or state houses to be apportioned on the basis of the number of candidates and number of women candidates nominated by the parties.

 The parties have now added a sub-article that incorporates additional requirement to the apportionment - number of votes the parties had obtain in a previous election.

 The other sub-article introduced is regarding the authority of the National Electoral Board of Ethiopia in facilitating judiciary procedures.

 The newly added sub-article allows the Board to enforce its decisions through the first court of law, if they are not implemented.

 Previously, the manner and time of apportionment of the government support was set to be determined by a directive issued by the Board. By ensuring the engagement of political parties in the apportionment process, the parties amended the sub-article.

 The parties have also omitted a sub-article regarding the right of every member of a party to seek information concerning the revenue and expenditure accounts of the political party of which he is a member.

 The parties in their negotiation on the first agenda have introduced a total of 12 sub-articles amended 14 and omitted one.

 The political parties have agreed to meet after a month to continue their negotiation on the second agenda - the electoral law.

Published in Politics

Addis Ababa August 12/2017 Ethiopia announced that it will introduce a nationwide cement roadmap to enhance domestic capability and meet the country’s cement demand, the Ministry of Industry said.

 The roadmap is expected to indicate directions that would address challenges pertaining to cement production process, the State minister Alemu Sime told ENA.

The roadmap to be implemented for the coming 25 years has incorporated best practices from other countries that would enable the country  to meet local demands and also export to foreign markets.

 As the country uses charcoal to meet 40 - 60 percent of the power demand of cement factories, the State Minister said it has been spending huge amount of foreign currency to import the product.

 This situation has put its impact on the price of cement, making the price  higher compared to other countries. The price of one tone (10 quintals) of cement in Ethiopia is 90 dollars while similar amount of cement in Iran is sold between 25 and 30 dollars.

 The team that traveled to Iran to learn from Iran's cement industry noted that the difference between the cement industries of the two countries lies in the utilization of power, Alemu said.

 The roadmap has also included a direction that would enable the country to  substitute imported charcoal with locally produced product.

 By developing charcoal reserves, the country will enable to save the hard currency it has been spending on importing the product thereby help to reduce running cost of the  factories.

 In the last Ethiopian fiscal year, Ethiopia has earned 19.6 million USD from the export of construction inputs, of which 17.2 million USD was earned from cement.

 By learning from best practices of countries, Ethiopia through the roadmap will work to minimize running cost, meet local demand and earn hard currency by increasing cement production.

Published in Economy

Addis Ababa August 12/2017 The Ethiopia Commodity Exchange (ECX) has reportedly traded 1.1 billion birr worth commodities in the month of July, 2017.

In the stated period, ECX traded 13,927 tons of coffee and 12,660 tons of sesame as well as 1,850 tons of white pea bean, a press release of ECX disclosed.

Coffee took the lion's share by contributing 49.01 percent of the volume with 70.96 percent of the trading value. Compared with the month of June, coffee price has increased by 1.39 percent and that of sesame by 13.2 percent.

Export coffee trade dominated the market by contributing market attention with 68.13 percent of the volume and 69.16 percent of the value, followed by local and specialty coffees, the release stated.

During the month, 7,841 tons of unwashed export coffee has been transacted for 467 million Birr of unwashed origins. Lekempti shined with 32.54 percent of the volume of the category followed by Jimma.

The trade volume and value of specialty coffee has reached I76.l tons of coffee and 131 million birr respectively.

During the month, 2,635 tons of coffee 129 million birr has been traded for local consumption.

In the local coffee market category, unwashed look the lead in volume by 68.91 percent during the stated period

In addition, 12,660 tons of sesame has been traded for 3l7 million birr where Humera sesame took higher share of the market scoring 70.74 percent and 72.52 percent in terms of volume and value respectively.

Published in Economy

Addis Ababa August 11/2017 Ethiopia and Japan have signed grant agreements amounting to 51 million US dollars today.

The amount granted will cover projects for the installation of geothermal wellhead in Aluto Langano and improvement of water supply in Bahir Dar City as well construction of secondary and preparatory schools in Tigray Regional state.

Finance and Economic Development State Minister, Admasu Nebebe, and Japan’s Ambassador to Ethiopia, Shninichi Saida, signed the agreements.

During the signing ceremony Ambassador Saida said the installation of geothermal wellhead in Aluto Langano in Southern Nations, Nationalities and Peoples State, would help to diversify power sources. 

The project would also enable to realize the power supply from a geothermal power plant through the introduction of wellhead system, he added. 

The project is expected to benefit 300,000 people.

According to Saida, the improvement of water supply project in Bahir Dar City would help improve the volume of the water supply through the development of deep wells, expansion of distribution networks and construction reservoirs.

The construction of 7 secondary and preparatory schools in Tigray is expected to improve access to secondary education in rural areas and mitigate overcrowded classrooms in existing schools in urban areas.

Ambassador Saida pledged that his government is determined to contribute to Ethiopia’s vision of becoming a middle income country.

Finance and Economic Development State Minister Admasu Nebebe said on his part Japan has been assisting Ethiopia’s development endeavors by providing financial and technical assistance.

These agreements signed today show that Japan’s continuous commitment to support the development efforts of the country.

The State Minister stressed that the nation will do its level best to utilize the resources as efficiently as possible for the intended purposes.

Diplomatic relations between Ethiopia and Japan began in the 1930s.

Published in Economy

Addis Ababa August 11/2017 Nile Basin Commission will be established when three additional Nile Basin countries approve the Cooperative Framework Agreement (CFA), Eastern Nile Technical Regional Office (ENTRO) said.

Ethiopia, Tanzania, and Rwanda have ratified CFA for mandatory legal framework for the use of the Nile River in a fair and equitable manner.

Nile Basin Commission will help contribute to fair and equitable utilization of Nile River.

In 1999, Nile Basin countries established the Nile Basin Initiative to fully utilize the Nile River.

Out of these, Ethiopia, Uganda, Tanzania, Rwanda, Kenya, and Burundi signed the Nile Cooperation Framework Agreement that establishes the Nile Basin Commission for fair utilization of Nile water resources in 2010.

Eastern Nile Technical Regional Office (ENTRO) Director-General, Fek-Ahmed Negash told ENA that only three riparian countries need to approve the agreement to establish the Nile Basin Commission.

The four countries, namely South Sudan, Burundi, Kenya and Uganda, have accepted the agreement and are in the process of ratifying the agreements; and if three countries ratify the agreement the commission will be established, he noted.

The failure of DR Congo to sign the agreement it accepted and the rejection of Sudan and Egypt could not therefore hinder the establishment of the Nile Basin Commission, Director-General Negash stressed.

Elaborating the significance of the agreement, he said "Nile Basin countries have no legal framework. This will make the countries use the water as they like and this may lead the countries to enter into conflict."

According him, the legal framework will enable the Nile Basin countries to utilize water in a fair and reasonable manner and strengthen their relations.

Addis Ababa University Lecturer and Cross-border Rivers Researcher, Dr.Yaqob Arsano said Sudan and Egypt will not benefit from rejecting the agreement, rather than being harmed as a result.

He added that countries that do not sign the agreement will face problem to use the water in a fair way, while the countries which signed will have national and sovereignty rights to develop it in ways that benefit them.

Published in Economy

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