Professional Documents
Culture Documents
SUNDAY
21
Content Matters
Mon
Tue
Wed
Thu
Fri
Sat
210
140
200
130
200
130
180
130
180
130
200
130
E i g h t ( 8 ) b i r r o n ly
290b Br
Number of houses to be
built at koye Fechie, Bole
Arabsa and Yeka
Budget Required
Current -1
Multi-storey Planned -60
61
car park
Current -1
Planned -9
10
Current -1
Int'L stadium Planned -2
Bus rapid
transit line
Planned
Meri Luke
Int'L hospitals Bole Arabsa
Total Area
11.6
Sq Km
Sq Km
Sq Km
Sq Km
Sq Km
Sq Km
Sq Km
Sq Km
Sq Km
Addis ketema
Arada
Lideta
Qirqos
Gulele
Nefas Silk
Kolfe
yeka
Bole
Aqaqi Qality
Sq Km
12
16
33
he Addis Abeba City Planning Project Office has released the 10th master
plan into the public domain. This comes soon after the highly controversial
Addis Abeba & Surrounding Oromia Special Zone Integrated Master Plan was
cancelled, having led to protests and sporadic civil unrest. The new plan has a
64
65
82
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Fortune is a weekly business newspaper published and distributed by Independent News & Media Plc. Tel: 251-011 416 30 20. Fax: 251-11-416 30 39. P. O. Box: 259, Code 1110. www.addisfortune.com. Price: 8.00 Br, Djibouti 400 FD, Somaliland 3,000 SL.
Editorial
Content Matters
Fortune
Agenda
Opinion
Page
30
Page xx
24
Samrawit Tassew
Samrawit@addisfortune.net
Woreda 08, House Number 897
Copy Editor
Ijahnya Christian
copyeditor@addisfortune.net
Research Editor
Samson Berhane
samson.berhane@addisfortune.net
Reporter
Dawit Endeshaw
dawit@addisfortune.net
Nardos Yoseph
nardos.yoseph@addisfortune.net
Tesfa Mogessie
tesfa.mogessie@addisfortune.net
Photographer
Geremew Tigabu
geremew@addisfortune.net
Columnist
Girma Feyissa
girma@addisfortune.net
Cartoonist
Henok Demessie
henokbezawit@gmail.com
Creative Director
Ashenafi Chekol
designer@addisfortune.net
Exclusive Advertising Agent
Industrial Park
Ermias
Michot Real Estate, one of
the companies founded and
run by Ermias T. Amelga,
has lost 30,000 shares
worth 30 million birr to
Aman Berki, the general
manager of Tulu Dimtu
Real Estate. The shares
were transferred to Aman
Berki through a court order
after they were floated for
auction over the past three
months.
Page
Page98
Steel
Addis Abeba Saving House
Enterprise has finally
awarded contracts for the
supply of 220,000mt of reenforcement bars to three
local companies, at a total
cost of 3.7 billion Br. The
award comes following a
cancellation of the same
bid after exaggerated
price offers by bidders.
The purchase was first
announced in May, 2016.
Page 13
VIEWPOINT
Africa is marching. More
than anything else,
the explosive mobile
subscriber growth, which
at its height was many
times the world average,
highly illustrates this
phenomenon. Now,
mobile coverage in
most African nations is
more than 80%. This
should have manifested
proportionately in the
digitalization of Africa.
Page
Page 21
xx
P ag e 3
Oil US $/bbl
45.18
8.2%
Ethiopian Birr/US $
22.2674
3.64
6.4%
A restricted area that is established inside mikililand health center to treat cholera patients in the Kolfe Keraniyo sub city.
A d v e r t i s e m e n t s
Cholera is an
infectious disease
characterised by
intense vomiting
and profuse watery
diarrhoea.
THE NUMBERS
0.10%
P ag e 4
A D V E R T I S E M E N T S
Fuel Doctor
Total Ethiopia S.C has launched a mobile fuel
quality Compliance check, Fuel Doctor as
April, 2016. Fuel Doctor carries out surprise
products quality check in Total Service
Stations throughout the country.
The main objective is to safeguarding our
customers against the malpractice of fuel
adulteration; and ensures they are served
with products that meet the standard
specification.
The commitment of Total Ethiopia S. C has
been demonstrated through its different
actions:
Regular
Training of operators of service
station/commercial customer,
Provide
quick quality test equipments,
Provide
procedural guide/ manual of
quality measurements,
Regular
visits/inspections of the service stations by marketing team,
Clear
contractual obligation and consequence management with station operators,
Fuel Doctor is meant to boost the existing quality control network.
What makes the Mobile Fuel Testing Service Unique?
First of its kind in Ethiopian oil Industry
Equipped with essential equipment and qualified person in petroleum chemistry
Collect samples and perform basic fuel quality tests on site
Take samples for further laboratory analysis in case of non conformance of the basic tests.
A d v e r t i s e m e n t s
N E W S
P ag e 5
The Famine Early Warning Systems Network (FEWS), a provider of early warning
and analysis on acute food insecurity, disclosed that Ethiopia's seasonal
forecasts indicate that the 2016 Kiremt rainfall is expected to be higher than
average in Tigray, parts of Northern Afar, Amhara, Benishangul-Gumuz, Gambella
and Western Oromia.
The network also announced that the torrential rainfall in April and May caused
flash floods and landslides in Southern Tigray, Eastern Amhara, Southern Afar,
North-Eastern Somali and the Southern Nations, Nationalities and Peoples
region, dislocating 200,000 people. The incidents are also reported to have
distorted agricultural activities, and damaged property and households.
The rainfall during these seasons is predicted to cause extensive and severe floods in flood-prone areas,
which could lead to the displacing of households, damage to crops and livestock, and temporarily limit
humanitarian access to flood-affected areas.
Until June 22, 2016, the total humanitarian requirement of Ethiopia amounted to 1.52 billion dollars for
all sectors. The share of the food sector was 1.1 billion dollars, of which only 46pc has been secured.
NE W S
P ag e -6
Fortune
Vo l . 17 No. 845
J u ly . 10, 2016
Wyndham Inks . . .
Page 16
Growth in the Industrial and Services sectors have not compensated, for agricultural losses due to unfavourable
weather conditions
Data collected
up until the third
quarter of the current
fiscal year shows an
alarming decline in
Ethiopias exports.
a wide-ranging public spending
programme stimulating growth in
various sectors of the economy.
While it may not be the dominant
sector in the economy, agriculture is
the most important in the countrys
A D V E R T I S E M E N T S
P ag e 7
P ag e 8
N E W S
30,000
Number of shares
Tuludimtu Real Estate sold
to Michot Real Estate
This is unfair, said Alemenew Dessie,
a representative of Ermias and Access
Capital. We only heard about the case
accidentally and are taking action to stop
this unfair action immediately."
Serkalem Ahmed, a practicing lawyer at a
High Court for almost a decade, disputes
this, however.
A d v e r t i s e m e n t
Cholera Outbreak . . .
P ag e 9
C o n t i n u a t i o n
A d v e r t i s e m e n t
P ag e 10
N E W S
The sitting adminstration never knew of a multi-million Br project initiative to prevent the potential floods
A young man collecting a dvd player from the collapsed house around kebele 9 in Adama because of the flood.
40m Br
The amount of
property damage
caused by the
flood
A d v e r t i s e m e n t
N E W S
P ag e 11
The sharp inflation comes as a result of a variety of factors, including adverse weather conditions and a government
clampdown on unlicensed traders
Retailers display tomatoes and onions at a partitioned sheds in Atiklit Tera of Piazza area which is the
biggest vegetable market in the city.
A d v e r t i s e m e n t
P ag e 12
N E W S
By DAWIT ENDESHAW
FORTUNE STAFF WRITER
Two years after Addis Abebas ninth
master plan was phased out, the tenth
master plan, integrating socio-economic
aspects of Ethiopias capital city, is now
officially out for public discussion.
This comes soon after the controversial
integrated Addis Abeba & Surrounding
Oromia Special Zone Integrated Master
Plan was cancelled. The new master
plan has been developed by the newly
renamed Addis Abeba City Planning
Project Office.
Less the specialised Oromia special
zone, the proposed 1.1 million hectares
of land outside the capital has now been
reduced back to just 52,000ha.
Though the area of the land has been
scaled back, the number of districts is
proposed to reach 13, dividing each of
the existing three, considered too big
for a standard, into two.
Yeka, Aqaqi Qality and Bole will be
twinned to six different districts.
A proposal for the establishment of
a dedicated body - the Addis Abeba
Planning Commission - to oversee and
coordinate the implementation of the
plan is a development.
The office will also be mandated to
manage the implementation budgeting
and mobilisation of the master plan. It
is estimated that the whole project will
cost over 290 billion Br.
During its 130-year history, Addis
Abeba has seen various plans, mainly
by foreign companies, the first from the
period of the brief Italian occupation.
The only plan to take areas beyond the
capital into consideration and adjust
plots came back in the 1950s. At that
time, the plan was developed by Sir
Leslie Patrick Abercombie. It was,
however, ultimately never implemented.
The new plan is guided by the vertical
expansion principle of city development,
as opposed to horizontal expansion. It
includes the following major tenants
- redevelopment, compact settlements
and developing integrated plans, in
terms of transport, housing, and the
social and economic sphere.
In this respect, six sectors have
been selected - transport, housing,
environmental protection, industry,
development and recreational centres
- as focal points.
The transport sector, steered by mass
transportation prioritisation, will see
the expansion of the Addis Ababa Light
railway system - extending its routes
with Ayat to Tafo Square, St George
Church to Sheromeda, Tor Hayloch
to Jemo and Qality to Aqaqi. A new
Rapid Bus Transit lane exclusive to
public transport will also be developed,
alongside the manufacture of dedicated
buses. All of these projects seek to boost
the implementation of Addis Abebas
mass transportation system.
Out of the nine Rapid Bus Transits
N E W S
P ag e 13
A d v e r t i s e m e n t
P ag e 14
Swerage Pipe . . .
C o n t i n u a t i o n
A n n o u n c e m e n t s
Commercial Bank of Ethiopia
Amendement
Tender notice for selendawa textile S.C announced on July 3,
2016, in this newspaper, various pleces of textile machinery, the
term Pleces corrected as various types textile of machinery
and the auction date August 8, 2016 corrected as August 9,
2016, other particulars remain intact.
RE-ADVERTISEMENT
P ag e 15
P ag e 16
N E W S
Two of the hotels will be constructed in Addis Abeba, with the third on Lake Langano in SNNPR
Daniel Ruff, president & managing director EMEA (left) and Abel Sahlemariam, director general of Santa Maria
construction plc (right) signed an agreement for the construction of TRYP by Wyndham, Wyndham Addis Ababa and
Wyndham Garden Langano at the Sheraton Addis on July 5, 2016.
A d v e r t i s e m e n t
A D V E R T I S E M E N T S
P ag e 17
Description
Unit of measurement
Quantity
LOT-1
1
CCTV
LOT-2
2
pcs
Walkthrough System
pcs
2. Bidding will be conducted in accordance with the open tendering procedures contained
in the Directives of the Bank and other Relevant Laws of the country, and is open to all
eligible bidders.
3. A complete set of bidding documents in English shall be obtained from Support
Services Directorate of Awash International Bank S.c located at Awash Towers 10th floor
room No 10-02 upon payment of non refundable fee Birr 200.00 /Two Hundred/during
office hours (Monday to Friday 8:00AM-12:00PM; 1:00-4:30PM and Saturday 8:00AM12:00PM) starting from July 6,2016 upon Presentation copy of renewed Trade license,
Certificate of registration, Tax Clearance certification, VAT Registration Certificate and
TIN Registration Certificate.
4. Bid must be accompanied by a bid bond amount of birr 100,000.00 (One hundred
thousand) for each LOT in the form of Bank Guarantee or Cashier's Payment Order (C.P.O).
5. Bid document must be deposited in the bid box prepared for this purpose on or before
July 28, 2016 10:00 AM in the above mentioned address.
6. Bid opening shall be held at the meeting hall of Awash International Bank s.c. 17th
floor in the presence of bidders and/or their representatives who wish to attend on July
28, 2016 10:30 AM in the above mentioned address.
7. Interested eligible bidders may obtain further information from the office of Support
Services Directorate of Awash International Bank S.C Tel. 0115-57-11-07/00-84.
8. Failure to comply any of the conditions from item 2 to 5 above shall entail automatic
rejection.
9. The Companies reserve the right to accept or reject the bid either partially or fully.
P ag e 18
8:49 Pagina
27-02-2008
///
ISTITUZIONALE2006_ING_210x150:Layout 1
A D V E R T I S E M E N T S
P ag e 19
P ag e 20
QUOTES
Delicate
Number
The Ethiopian armed forces are maintained entirely for defence purposes, as the
national defence policy is in support of international peace. Today, the nation has
one of the best trained and most well-equipped defence forces in Africa.
The development of a modern army was given top priority by the Emperor, after
Liberation in 1941. Beginning with the British Military Mission, the Government
engaged various foreign instructors from Scandinavia, the United States and India to
teach modern methods of warfare. At the same time, senior officers went overseas to
be trained at some of the world's leading military academies. As a result of this effort,
Ethiopia's army today is completely staffed and officiated by Ethiopians.
Source: The Handbook for Ethiopia, Copyright 1969, University press for Africa.
87,900,000,000
...total budget, in birr,
allocated to subisidise
Ethiopia's regional states
during the 2016/17
fiscal year.
wwayaybback
ackw
when
hen. .. .. .
Health
Ministry Deploys Anti-Malaria Medicine
The Ministry of Health has announced that it has been striving to ensure the
wellbeing of over 25 million people living in malaria-prone areas of the country,
following the onset of the rainy season.
The Ministry is transporting 916,000g of anti-malaria medicines to 160 weredas
across the country, Malaria programme officer of the Ministry, Dereje Dilu, said.
The anti-malaria campaign is expected to reach more than five million households
in the lowland parts of the country, he added. The Ministry has recently deployed
more than 400 thousand kilograms of anti-malaria chemicals in the Belg-growing
area of the country, reaching close to 900,000 households. The officer noted that
malaria is not common in the highland parts of Ethiopia.
Publication: Ethiopian News Agency, July,6,2016
Military
Ethiopia Keen to Support Somalia's Military
Ethiopia will consolidate its support to the Government of Somalia, helping to
improve the military capacity of the Horn of African nation in order to safeguard
its security and stability, announced Ethiopian Prime Minister Hailemariam
Desalegn. This was disclosed when the Premier conferred here in Addis Abeba
with his Somali counterpart, Omar Abdirashid Ali Sharmarke.
Ethiopia will provide the necessary assistance to Somalia in order to build the
countrys military capacity, so that it can ensure peace and stability by itself,
Hailemariam said, according to a high level official who attended the meeting.
Even though Ethiopias military intervention in Somalia, under AMISOM, has
brought about commendable results, it is important to strengthen the capacity of
the Somali military to ensure everlasting peace in the region, the premier stated.
Ethiopia has deployed 4,900 troops in Somalia to fight Al-Shabaab under AMISOM.
Publication: Ethiopian News Agency, July,6,2016
Investment
ESLSE Holds 29 Containers Destined for the Ministry of Education
The Ethiopian Shipping Lines & Logistics Services Enterprise (ESLSE) is holding 29
containers, containing uniforms, pianos and books of various genres, purchased
and obtained as gifts by the Ministry of Education (MoE) from India and China, at
the Modjo and Gelan dry ports. The Ministry's Procurement Service Directorate
claims that the items at the dry ports have been there for over six months. However,
a lack of documentation required to take possession of the containers is cited as
the bottleneck hindering their collection.
Renewable Energy
Despite Challenges
The Ministry noted that it has written a letter to the Ministry of Finance and Economic
Cooperation, with the objective of finding a way to get the containers transferred
over to the MoE.
Publications: Addis Zemen, July 1, 2016
Construction
ERC purchases over a thousand trains
The Ethiopian Railways Corporation (ERC) has announced the purchase of 1,171
trains (locomotives and wagons). Out of these, 822 have reached Dire Dawa and
Djibouti, while 30 passenger trains have reached Endode station, located along
the Ethio-Djibouti Railway. The remaining trains are reported to be at a Chinese
port awaiting shipment - some of these are already on the sea being transported
to Ethiopia.
The Corporation has reportedly finished 98pc of the construction on the SebetaMeiso-Dewele railway line, setting a tentative operations commencement date of
the next Ethiopian new year. This railway line is expected to transport over 10
million tonnes of goods per annum. Train stations for freight and passengers
are 99pc complete, while signalling and communication systems are also in well
advanced stages.
The ERC, in close cooperation with authorities in Djibouti, has chosen companies
that will administer the railway for the next five or six years.
Publications: Addis Zemen July1, 2016
Climate
Climate change endangers 43m Africans by 2030
The World Bank warns that the current level of climate adaptation funding, which
is vastly insufficient, could trigger extreme poverty in Africa by 2030.
Speaking at the Africa Carbon Forum in Kigali, director of climate change at the
World Bank Group noted that a failure to address climate change could plunge 43
million Africans into poverty by 2030.
This could happen due to lower crop yields, higher food prices and negative health
impacts from climate change, if no coping mechanisms are put in place.
The Bank warns that there could be a 20% reduction in major food crop yields
and, by the end of the century, up to 18 million people might be affected by floods
every year.
The World Bank plan estimates a requirement of 19 billion birr from different Aside from being an avid backpacker and a university professor,
sources by 2020, as finance to help Africa adapt to climate change effects.
Jonathan Cormier is a lifelong advocate of renewable energy and
Publications: The Ethiopian Herald July 2, 2016. environmental initiatives.
C O M M E N TA R Y
P ag e 21
The potential role of mobile technology across Africa is huge. Despite a huge increase in subscriber numbers since the turn of the Millennium, however, the process
of digitalisation is still somewhat pedestrian. This is with the exception of a few lauded examples, such as MPesa, in Kenya, and Konga, in Nigeria. Despite being
championed by African leaders continent-wide, more needs to be done to encourage and facilitate growth in this diverse and fascinating sector.
VI E W P OI N T
Thoughts of a Cineaste
P ag e 22
P ag e 23
P ag e 24
Op-ed Notes
My
By HIBAMO TAGESSE
P ag e 25
1. Awash International Bank S.C. invites sealed bids from eligible bidders for the supply of Goods listed hereunder.
S.No
Unit of
measurement
Description
Quantity
Remark
LOT-1
1.1
Desktop Computer
Pcs
250
LOT-2
2.1
20KVA Generator
Pcs
20
3.1
LOT-3
Dot Matrix Printer
Pcs
100
pcs
pcs
40
20
Pcs
Pcs
Pcs
100
100
100
LOT-4
4.1
4.2
5.1
5.2
5.3
2. Bidding will be conducted in accordance with the open tendering procedures contained in the Directives of the Bank and other Relevant Laws of the country, and is
open to all eligible bidders.
3. A complete set of bidding documents in English shall be obtained from Support Services Directorate of Awash International Bank S.c located at Awash Towers 10th floor
room No 10-02 upon payment of non refundable fee Birr 200.00 /Two Hundred/for
each LOT during office hours (Monday to Friday 8:00AM-12:00PM; 1:00-4:30PM and
Saturday 8:00AM-12:00PM) starting from July 14 ,2016 upon Presentation of copy of
renewed Trade license, Certificate of registration, Tax Clearance certification, VAT Registration Certificate and TIN Registration Certificate.
4. Bid must be accompanied by a bid bond amount:For LOT-1, Birr 75,000.00(Seventy five thousand)
For LOT-2, Birr 100,000.00(One hundred thousand)
For LOT-3, Birr 50,000.00 (Fifty thousand)
For LOT-4, Birr 100,000.00 (One hundred thousand) and
For LOT-5, Birr 50,000.00 (Fifty thousand) in the form of Bank Guarantee or
Cashiers Payment Order (C.P.O).
5. Bid document must be deposited in the bid box prepared for this purpose on or
before:
August 1, 2016 10:00 AM for LOT-1 & LOT-2.
August 3, 2016 10:00 AM for LOT-3, LOT-4 and for LOT-5 in the above mentioned
address.
6. Bid opening shall be held at the office of Support Services Directorate, Awash Tower
10th floor in the presence of bidders and/or their representatives, who wish to attend on:
August 1, 2016 10:30 AM for LOT-1 and 11:00 AM for LOT-2
August 3, 2016 10:30 AM for LOT-3, at 11:00 AM for LOT-4 and at 11:30 AM for
LOT-5.
7. Interested eligible bidders may obtain further information from the office of Support
Services Directorate Tel. 0115-57-11-07/00-84.
8. Failure to comply any of the conditions from item 2 to 5 above shall entail automatic
rejection.
9. The bank reserves the right to accept or reject the bid either partially or fully.
1. Awash International Bank S.C. invites sealed bids from eligible bidders for the supply of Goods listed hereunder.
S.No
1
2
3
4
Description
Automobile
Van
Station Wagon
Pick up Double Cabin
2. Bidding will be conducted in accordance with the open tendering procedures contained in the Directives of the Bank and other Relevant Laws of the
country, and is open to all eligible bidders.
3. A complete set of bidding documents in English shall be obtained from Support Services Directorate of Awash International Bank S.c located at Awash
Towers 10th floor room No 10-02 upon payment of non refundable fee
Birr 200.00 /Two Hundred/during office hours (Monday to Friday 8:00AM12:00PM; 1:00-4:30PM and Saturday 8:00AM-12:00PM) starting from July
6, 2016 upon Presentation of copy of renewed Trade license, Certificate of
registration, Tax Clearance certification, VAT Registration Certificate and TIN
Registration Certificate.
4. Bid must be accompanied by a bid bond amount birr 100,000.00 (One hundred thousand) in the form of Bank Guarantee or Cashier's Payment Order
Unit of measurement
pcs
pcs
pcs
pcs
Quantity
20
3
2
30
(C.P.O).
5. Bid document must be deposited in the bid box prepared for this purpose
on or before July 26, 2016 10:00 AM in the above mentioned address.
6. Bid opening shall be held at the office of Support Services Directorate,
Awash Tower 10th floor in the presence of bidders and/or their representatives who wish to attend on July 26, 2016 10:30 AM in the above mentioned
address.
7. Interested eligible bidders may obtain further information from the office
of Support Services Directorate Tel. 0115-57-11-07/00-84.
8. Failure to comply any of the conditions from item 2 to 5 above shall entail
automatic rejection.
9. The bank reserves the right to accept or reject the bid either partially or
fully.
P ag e 26
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P ag e 28
Background:
Description of Goods
Unit of Measurement
Qty.
Books
pcs
882
P ag e 29
Arada
P ag e 29
By Girma Feyissa
CITY LIFE
P ag e 30
P ag e 31
P ag e 32
C O M M E N TA R Y
Britain's exit from the EU, or Brexit as it has come to be known, has sent shockwaves around global financial markets. In the immediate aftermath, the
pound plummeted and instability reigned in financial indexes the world over. More than this, however, the surprise decision of just less than 52% of
Britain to exit the EU may well put the breaks on the process of globalisation. This article is provided to Fortune by Project Syndicate.
V i e w p o i nt
P ag e 33
VACANCY ANNOUNCEMENT
Job title:
Communications Manager, Girl Effect Ethiopia
Reporting line:
Senior Brand Manager, Girl Effect Ethiopia
Location:
Addis Ababa, Ethiopia
Grade:
A2L
Duration:
Fixed term until Aug 31, 2018
Salary Range: Starting from ETB 569, 088 per annum
Job Summary
Reporting to the Senior Manager of Brand, the Girl Effect Ethiopia
Comms Manager will set and guide the strategy for all communications,
public relations, messages and collateral to consistently articulate Yegna
and Girl Effect Ethiopias mission.
The Comms Managers principle role is to champion our work to the right
audiences, in the right way, at the right time, with the right message to
ensure the maximum impact of our work. We have different audiences
for every element of our work ranging from rural girls in Amhara, to
internal stakeholders, to the top levels of government. This role is critical
to making Yegnas ambitions a reality, and requires drive, determination
and clear thinking.
Job title:
A2L Senior Operations Manager
Reporting line:
Deputy Country Director (Programmes)
Location:
Addis Ababa, Ethiopia
Company:
DFID/Girl Effect Ethiopia Programme
Duration:
Fixed term until Aug 31, 2018
Salary Range: Starting from ETB 569, 088 per annum
Job Purpose
Girl Effect Ethiopia (GEE) is looking for a senior operations manager
to: Take responsibility for overseeing the finance and operations team
in Girl Effect Ethiopia, including management of three staff within the
team; Ensure the successful delivery of all key operational related tasks,
including risk management and compliance; Lead strategic processes of
resource prioritisation and allocation across the programme; Coordinate
with programme teams to result in successful implementation of work
plans; Manage partner contracts, compliance and deliverables, including
GEEs main partner EMOP; provide support the Deputy Country Director
in designing and implementing a VfM Strategy and preparing the
organisation for institutional sustainability.
The post holder must have excellent communication and networking
Key skills, experience and qualities:
skills in order to build effective working relationships with counterparts
5+ years professional experience in high profile communications in DFID Ethiopia, Girl Effect Global and Girl Effects implementing
or PR roles for international and national organisations
partners. The post holder will be required to very quickly build his/her
Demonstrated experience and leadership in managing a knowledge of both DFID and Girl Effect systems, procedures and policies
comprehensive strategic communication, media relations and (especially DFID Smart Rules).
marketing program to advance an organisations mission and He/she must have excellent managerial skills, attention to detail,
goals
knowledge of financial management and procurement processes. He/
Experience working on branded communications and brand She should be able to lead the finance and operation team to ensure
building
systems and procedures that are stable, functional and yet simple. He/
Innovative thinker, with a track record for translating strategic she will also play a key role in the development of strategic priorities for
thinking into action plans and output
the team.
Excellent written and spoken English and presentation skills a Key skills and experience and qualities:
persuasive communicator
Knowledge of national and international media landscapes
Minimum of a bachelors degree in relevant field; ideally, a
Demonstrable ability to deliver campaigns that communicate
Masters degree in management, or related field
messages to different target audiences
At least five years of professional experience in NGO/Donor
An understanding of film making and photography production
setting that involves operations and programme management
Buzzing with creative ideas and enthusiasm for delivering
role
powerful content
Proven experience in operations and financial management
Demonstrable understanding of how communications plays a
Experience of leading a team in a dynamic environment
part in the wider marketing plan
Experience of managing external partners, including consultants,
Ability to work effectively in multicultural teams with varying
suppliers and government offices
expertise, skills and backgrounds
Excellent experience ensuring and documenting VFM
Self-starter, able to work independently, and entrepreneurial;
Ability to work under pressure and produce quality work within
enjoys creating and implementing new initiatives
tight deadlines;
Superior management skills; ability to influence and engage
Ability to take a broad view and focus on, and plan for, the longer
direct and indirect reports and peers
term.
Ability to make decisions in a changing environment and
Excellent oral and written communication and presentation skills
anticipate future needs
Excellent interpersonal skills, as well as a collaborative team
Excellent critical analysis skills
player
High energy, maturity, leadership skills with a positive, energetic,
Experience working in multicultural teams is an advantage
can-do attitude
Ability to evaluate the level of risk and possible outcomes of
Commitment to realising the potential of girls and to the vision
decisions
and values of Girl Effect
Excellent attention to detail
Stature, gravitas, and confidence
Able to work autonomously
Energetic and solution focused
For a full job description and the application form, interested candidates For a full job description and the application form, interested candidates
must send an email to AfricaHRHubRecruit@dfid.gov.uk clearly marked must send an email to AfricaHRHubRecruit@dfid.gov.uk clearly marked
ETH 001, and complete the form and attach their recent CV before ETH 002, and complete the form and attach their recent CV before
the closing date of 17 July 2016. Only shortlisted candidates will be the closing date of 17 July 2016. Only shortlisted candidates will be
contacted.
contacted.
P ag e 34
Dashen Bank
..
- ()
!
ss
EzRemit
Money Transfer
money transfer
simple.fast. safe
P ag e 35
P ag e 36
C o n t i n u a t i o n
Thoughts of . . .
are to be totally honest about it, even
though add a little colour to the film,
can be reworked without blunting the
films effect.
And we could say the same for
Lamb - a film that deals mostly with
backwardness. There is a hero, and
that hero faces challenges caused by
the narrow-minded community that
threatens to suffocate him. One of
the main things that brings him in to
conflict with his family, and society,
is that he cooks and doesnt know
how to plough. These things wouldnt
in anyway be an encumbrance for
anyone living in Addis Abeba, or
New York, but they would sure as
hell make a difference in any rural
part of Ethiopia (the films setting),
other rural places in Africa or indeed
any part of the world before the
Renaissance.
But does it mean that any of this
movies are less artistically, or simply
slightly fantastical? All work of art
requires a certain amount of disbelief;
it can never withstand close-eyed
inspection. But close hand inspection
can only be done by those that know
what to look for, and even they, under
the right circumstances, could be
persuaded to eliminate disbelief.
The thing about that CNN documentary
is that it was never meant for Ethiopian
eyes only, but for an international
audience. And both Teza and Lamb
are films that were acclaimed in the
Western world, even before having
being shown in their home countries.
They have the mark of universality.
point here.
The point is that the CNN documentary
may not be considered great, but it
appeals - not just to those that live
outside, but to an Ethiopian too. For
a brief moment, I was able to see a
certain part of my country as truly
novel and magical. And, if I cared
to venture and look at things from
a certain distance, without delving
too deeply into the mess of things,
I am pretty sure that right there,
in a different light, I may grow to
appreciate more the little things.
Foreigners come to this land and
A n n o u n c e m e n t s
Type
01
Ford
Pick-up
Nissan
02
Chassis Number
MNCLSFE40BW977584
JNITCSY61ZO-559495
Engine
Number
WLAT1332382
TD42185198
Production
Year
2011
Plate No
UN-0372
2006
UN-1289
Addis Ababa
RECRUITMENT OF A SENIOR NATIONAL PROGRAMME OFFICER (NPO)
IN THE AREA OF ENVIRONMENT AND CLIMATE
The Embassy of Sweden in Addis Abeba is currently looking to employ
a Senior National ProgrammeOfficer (NPO) for the area of regional
(or Pan-African) development cooperation, focusing on projects and
issues related to Environment and Climate Change.
We are looking for a well-qualified candidate, who holds at least a
Masters Degree in a relevant academic field, has a minimum of three
years of prior professional experience in the specific field referred
to above and has a documented knowledge from the development
cooperation context.
With the growing importance of the African Union, and with a strong
Swedish commitment to supporting regional integration and cooperation
in Africa, this position should be very attractive for professionals with
the right profile and motivation.
The Embassy of Sweden offers a pleasant and stimulating work
environment. Details on the work conditions can be obtained during
the recruitment process.
More information about the required qualifications and how to submit
your application can be found at http://www.swedenabroad.com/enGB/Embassies/Addis-Abeba.
P ag e 37
Various buildings, including guest houses, offices, clinic, garage, cafeteria and
others, are found at the farm site.
The farm has construction machineries like dozer (3), excavator (1), loader (1),
grader (1), and compactor (1) all with CAT Brand.
It also owns three Scania dump trucks, two fuel, and water tankers (682N3).
In addition, there are two huge CAT generators.
Fuel stations at various sites;
Also, other properties.
The farm is situated at Bena Tsemay Woreda in South Omo Zone of the Southern
Nations, Nationalities and Peoples Regional State, about 665 kilometers away
from Addis Ababa, 170 kilometers from Arba Minch, and 70 kilometers from
Jinka.
The farm has been producing mainly cotton, sesame, soya bean, sugarcane,
vegetables, fruits, and broomcorn.
The land is plain and suitable to mechanized farming; and the adjacent area
cultivable.
The altitude of the farm ranges from 520 560 meters above sea level and the
temperature from 16oC to 39oC.
2. Interested
and eligible
are invited
to purchase
the bid
document
The
average annual
rainfallbidders
is 557mm
with a relative
humidity
ranging
from
starting
from
July
11,
2016
from
Logistics
and
Property
Management
60% to 80%.
There
is abundant
and cheap
labor force
in theBuilding
vicinity of
farm.having paid
Department,
Beklobet
Adjacent
to Garad
1stthe
floor,
Itthe
hasnon
a modern
irrigation
that category
makes enhanced
lowland
refundable
fee ofinfrastructure
Birr 100 for each
at Dashen
Maincrops
Bank
development
possible.
Account Number 180020002 and present copy of credit advice ticket
Annual production of cotton from the farm has at present jumped over 100,000
during the office hours (Monday to Friday 8:00 12:00am, 1:00 - 5:00 pm
quintals.
andfarm
Saturday
8:00 6:00am).
The
has runway.
3. Copy of renewed
Trade License, VAT Registration Certificate and TIN
Properties
on the farm
Certificate
are required
while submitting
bidhectares
document.
Out
of the leased
5,490 hectares
of farm land,the
4,000
is developed.
A d v e r t i s e m e n t
4.
2% of the offer shall be presented as a bid bond in the form of bank
Conditions
guarantee
cashiers
(CPO).
1. The Bankor
may
arrangepayment
a field visitorder
for those
interested in taking part in the bid.
5.2.The
sealed
shall about
be placed
in the
box
prepared
for this
Bidders
can bid
alsodocument
get information
the farm
from
pictures
at CBEs
Acquired
Asset
Administration
Office
at
Saris
in
front
of
Ries
Engineering.
purpose on or before July 25, 2016, 6:00am at the place mentioned under
No.
2 above.
3. The
bid winner will pay 15% VAT on the lease price.
For further
information
clarification
call:
6.4.Failure
to comply
withor
any
of the conditions
stated above from No.2
0114-40-01-55/0114-43-05-92/0114-43-08-67
or 0911-48-29-14
to 5Tel.
shall
result in automatic rejection.
5. Commercial
Bank ofthe
Ethiopia
theorright
to accept
oreither
reject proposals
7.The
Bank reserves
right reserves
to accept
reject
the bid
partially
partially
or
totally.
or fully.
Dashen Bank would like to sell the under listed new Lighting Fixtures via open competitive bid
List of Lighting Fixtures
No
DESCRIPTION
1 GE NPP 136 ECO 521431
23
588
70
42
64
76
58
59
11
13
15
Conditions
1. The Bank may arrange a scheduled visit for those interested in taking part in the bid.
2. The items are found at future Head Quarter of Dashen Bank S. Co located in front of the
National Bank of Ethiopia, Addis Ababa.
3. A complete set of bidding documents in English Language may be purchased by
interested Bidders starting from July 11,, 2016 from Dashen Bank S.Co., Logistics &
Property Management Department, Beklobet, Adjacent to Garad Building, on 1st floor
having deposited non-refundable fee of Birr 100 (One Hundred) at Dashen Main Bank,
account number 180020002 and present copy of credit advice ticket during the following
working hours.
Monday-Thursday: Morning, 08:00AM-12:00AM; Afternoon, 01:00PM-05:00PM
Friday: Morning, 08:00AM-11:30AM; Afternoon, 01:00PM-05:00PM
Saturday: Morning, 08:00 AM - 12:00 AM
4. Bidders should submit 2% of the bid amount in Cashiers Payment Order (CPO) prepared
in the name of Dashen Bank S. Co. before the closure date of the bid on May 17, 2016.
5. The intended Bidders have the right to quote their price for a single item, but in full
quantity.
6. Winner of the bid should collect and transport the whole items within four weeks and
the Bank shall calculate all fees like rental, guard and others for any delays beyond the
stated period.
7. The winner shall pay 15% VAT on the sales price.
8. The Bid will be opened on August 2, 2016 at 10:00 am in the presence of bidders or their
legal representatives at the place mentioned under No 2 above.
9. For further information or clarification call: 011 4 66 74 81 or 011 466 45 44 extension
124, 125, 126, 127 and 128.
P ag e 38
N.B 1. For the items stated under category C, bidders should present authorized
dealership certificate.
2. For any information you may contact through Tel No 0114 66 45 44 Ext. 125/126
Location
Ethio telecom Premise around Akaki (Akaki Warehouse)
Ethio telecom Premise around Meskel Flower (Central Warehouse)
3. Interested bidders are expected to full-fill the Requirements stated here below:
above on the issued bond.
3.1. Bid Security
8. Partial bid per lot is allowed. However, bid for part of a lot shall be rejected
3.2. Availability of Letter of Authorization to sign the bid offer
9. Sealed bids marked as Bid for the buying of Telecom Equipment and Spare Parts with
Bid No. AM/02/2016 and be addressed to
3.3. Bidders should have a valid and renewed trade license (certificate of incorporation)
for the year.
Ethio telecom Head Quarter Churchill Road Sourcing and Facilities Division
3.4. The buyer should comply with international export control regulation of the European
P. O. Box 1047, Addis Ababa, Ethiopia
Union and of the United States of America and
10. Bid proposal will be received at the Head Quarter, Churchill Road, 2nd Floor, Room
other applicable export control laws and regulations.
No.214, before or on August 4 until 5:00pm. Bids presented by any bidder after the closing
date and time shall not be accepted.
3.5. Bidders should be VAT registered (for local bidders).
11.Bids received in time and fulfilling the other formalities shall be opened in the presence
4. All Bids must be accompanied by a bid security in the amount of 5% of the buying price
of interested bidders or their legal representatives
offer or equivalent freely convertible currency. The
on August 5, 2016 at 2:00pm, at Churchill Road, Head Quarter 2nd Floor, Room No.213.
bid bond shall be valid for 120 days and shall be furnished in one of the following forms:
12. No one is allowed to duplicate or transfer the bidding document that she/he acquired
4.1. Certified Cheque /CPO issued by a recognized domestic bank or
to participate under this invitation
4.2. Bank guarantee issued by and/or confirmed through a recognized/reputable domestic
13. Quoted price shall be in USD(or birr for local bidder).
bank.
14. Bidders are seriously advised to read and comply with the instructions provided in
5. Equivalent bid security amount among lots is possible.
this bidding document.
6. The Bank that issues the bond as per 4.2 here above shall unequivocally guarantee to
15. Ethio telecom reserves the right to reject all or parts of this bid.
pay the seller immediately upon the first written demand of payment. The sellers written
demand of payment shall not be subject to any condition whatsoever.
7. The bond issuing bank shall clearly incorporate the content stated under clause here
www.ethiotelecom.et
A symposium on construction
technology was held on June 5, 2016,
at the Hilton Hotel, Addis Abeba.
The Technology Transfer Symposium
was organised by Teklebrehan Ambaye
Construction (TACON) to highlight
technology transfer trends in the
construction industry. It was attended
by the researchers, experts and project
managers of construction companies.
The purpose of the symposium was
to encourage local construction
companies to explore gaps in the techtransfer process
pertaining to
the construction
industry.
"The Increase
in the number
of foreign
construction
companies may
adversely affect
the local companies, which are not
technologically advanced, Abebe
Dinku, professor of construction
management, said. "Partnership is the
best way to overcome such kind of
problems."
Inefficient documentation and
management systems, manual
operations, knowledge gaps and a
weak legal framework in the country
are among the major problems the
construction industry faces, according
to a study presented by Zewedu Tefera,
an engineering contracts' lawyer.
"The government does nothing to
advance technology transfer, especially
i n t h e c o n s t r u c t i o n i n d u s t r y, "
Teklebrehan Ambaye, CEO of TACON,
said. "Research and development
should be emphasised to bring progress
in technological advancement.
The struggle for a betterment "Survival of the fittest" continues, even if life puts you down, drag you to the level of
emptiness and push you to the side walks. The tough keep on shining the weak keep failing. Balancing a burden
keeps people floating while they keep on walking. This guy keeps balance of two, the weight and life's burden.
Eid al-Fitr "festival of breaking the fast", was celebrated in colorful manner in Addis Ababa on the 6th of July.
The usual place was Meskel square and Stadium. Ssecurity was tight but the prayers were peaceful. While most
of the attendees were on foot homes, some were lucky enough to have a ride from the participants who have a
car and on their way back some were using the military cars for transportation.
Tough - Love
Zamra Construction
Signs Half A Billion Br
Deal for Zonal Stadium
Dual Purpose
Lack of Legal
Framework Deters
Joint Ventures
P ag e 39
Balance
Contractors Convene
to Improve Technology
Transfer
R a d a r
Seba Dereja, a famous stairway located at the heart of Piassa,common in lyrics of love songs, is now serving
sccordingly. Nowadays it is not unusal to find young couples at anytime- daylight or dark. The couples are one
the girl enjoying the ride.
P ag e 40
IMMEDIATE VACANCY
INVITATION TO BID FOR THE
PROCUREMENT OF
JOB POSITION:
ASSIGNMENT EDITOR
COPY EDITOR
REPORTERS
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
P ag e 41
The Financial Times [2013]. All Rights Reserved. Not to be redistributed copied or modified in anyway.(The client) is solely responsible for providing this translated content and the Financial Times Limited does not accept any Liability for the accuracy or quality of the translation.
billion dollars.
The dollar shortage currently blighting
the country is partly the result of Harare
moving to a fully dollarised economy dumping the worthless Zimbabwe dollar
- in 2009 as an emergency solution to
counter record hyperinflation.
Originally intended as a multicurrency
regime, the US dollar has become virtually
the only currency in circulation.
As a result, the Central Bank is powerless
to adjust money supply.
Mr Mangudya, who joined the bank from
the private sector in 2014, said it had been
a mistake to throw the bank's monetary
tools "in the river", shackling Zimbabwe's
fortunes to the rising greenback.
Brexit in effect
granted vulnerable
economies, such as
recession-hit Brazil,
more time to adjust.
and EM unfortunately is likely to suffer,"
says Ousmene Mandeng, of EM investor
New Sparta Asset Management.
Yet if Brexit shows anything, it is that EM
remains more closely linked to trends in
the dollar and the Chinese economy. While
the Brazilian real fell two per cent against
the dollar in the aftermath of Brexit, for
example, the currency staged a rally on
its opening on the following Monday,
strengthening five per cent.
Brexit in effect granted vulnerable
economies, such as recession-hit Brazil,
more time to adjust by ensuring that
global monetary policy was likely to stay
loose, analysts say. The Federal Reserve, in
particular, now has few grounds to raise US
rates, while the Bank of England joins the
European Central Bank and the Bank of
Japan among those central banks expected
to ease conditions in the near term.
"Emerging markets are more likely to
face acute sell-offs if market turbulence is
triggered by concerns about the health of
China's economy or the pace of tightening
P ag e 42
The Financial Times [2013]. All Rights Reserved. Not to be redistributed copied or modified in anyway.(The client) is solely responsible for providing this translated content and the Financial Times Limited does not accept any Liability for the accuracy or quality of the translation.
TACKLING CORRUPTION
Kara Scannell
Aaron Bornstein arrived in Kazakhstan
in February 2009 with $84m and
a daunting assignment. His job
was to hand out millions of dollars
to impoverished families, nongovernmental agencies and students
who wanted to pursue secondary
education. The catch was that he
could not have any dealings with the
Kazakh government, which was not
exactly happy to see him coming.
The money had been frozen in 1999
and the US later alleged that it had
been used to pay illegal bribes to
top Kazakh officials under Nursultan
Nazarbayev, the countrys longserving
president. Now, Mr Bornstein was
in Kazakhstan to give the cash back
to the citizens who, according to US
and Swiss authorities, it had been
stolen from.
Mr Bornstein, an international aid
worker, and his team set up field
offices, screened local hires to weed
out anyone with government ties
and created a database of qualified
recipients. The foundation was named
Bota, or little camel in Kazakh.
Over the next six years two longer
than projected , Bota distributed all
the money Mr Bornstein had arrived
with, plus $31m in interest. In that
time, more than 150,000 mothers
and children received nutritional
assistance and early education
programmes. Scholarships were
handed out to 841 students.
For the US Department of Justice and
its Kleptocracy Initiative, which was
Emerging market
liquidity hits 5-year high
Steve Johnson
iquidity conditions in
emerging market economies
are at their strongest in five
years, partially unwinding
the steepest slump since the 1980s,
according to CrossBorder Capital a London-based financial research
company.
The level of liquidity is a leading
indicator for economic growth
and financial market returns, says
Michael Howell, managing director
of CrossBorder Capital.
"Normally, liquidity leads the foreign
exchange and fixed income markets
by three to six months, equities by
six to nine months and the real
economy by 12-15 months," Mr
Howell says. "It drives economies."
P ag e 43
The Financial Times [2013]. All Rights Reserved. Not to be redistributed copied or modified in anyway.(The client) is solely responsible for providing this translated content and the Financial Times Limited does not accept any Liability for the accuracy or quality of the translation.
CHINESE TRADE
TWO-WAY SLUMP
P ag e 44
Moving money . . .
The Financial Times [2013]. All Rights Reserved. Not to be redistributed copied or modified in anyway.(The client) is solely responsible for providing this translated content and the Financial Times Limited does not accept any Liability for the accuracy or quality of the translation.
Emerging market . . .
in recent months, Mr Howell says,
although Turkey and Indonesia have
suffered a contraction.
The continued normalisation in
emerging market liquidity extends
the recovery from its 2012 nadir,
when liquidity was at its lowest level
since the mid-1980s, according to
CrossBorder Capital, as the second
chart shows.
"Before 2008, [emerging market
countries] were generally very big
cash generators, largely because
foreign money was flowing in nicely
and we also had a lot of money
generation by private sectors," says
Mr Howell.
"After 2009 foreign inflows reversed
and private sector cash flow
generation just collapsed. From
2010 onwards, it was L-shaped."
However, since the third quarter of
2015, "foreign money has started to
come back and, more pertinently,
private sector credit generation
has started to pick up very fast",
with both of these trends largely
driven by currency depreciation,
Mr Howell says.
One obvious fear is that the bout of
risk aversion triggered by the UK's
surprise vote to leave the EU may
send emerging market liquidity
spinning back towards its lows.
Although it is too soon for the impact
to show up in CrossBorder's data,
Mr Howell is relaxed about this
threat. Given liquidity conditions
P ag e 45
Personality:
Interested and qualified applicants fulfilling the above criteria are invited to submit
non-returnable CV and copies of relevant documents along with application letter
online at hr@midrocprojects.com or in person to the following address before July 16,
2016; please note that Only short listed applicants will be contacted.
Kenenisa Hotel
VACANCY ANNOUNCEMENT
Kenenisa hotel is a hotel which provides guests with total departure from
the everyday, by paring thoughtful details with friendly service, high quality
accommodation, and modern in-room amenities with the latest technology,
warm surrounding and various hotel facilities.
Our hotel would like to invite interested and qualified hotel professionals for
the following positions
1. Position : Front office Manager
Educational requirement : Diploma or BA Degree graduate on the field of Hotel
Management or Hotel operations
Work Experience : 4 years for Diploma graduates or 2 years for Degree
Known Hotel or Hospitality firm on the specified position
Skill : Knowledge on the C-net hotel operational soft ware
2. Position : Night Manager
Educational requirement Diploma or BA Degree graduate on the field of Hotel
Management or Hotel operations
Work Experience : 4 years for Diploma or 2 year Experience for
Degree graduates on Hospitality firm at the Specified position
Skill : Knowledge on the C-net hotel operational soft ware
3. Position : Store Head
Educational requirement : Diploma on the filled of Accounting
Work Experience : 3 years or above work experience on the specified position
Skill : Knowledge on stock Management software or C-net soft ware
4. Position : Marketing Head
P ag e 46
coming soon
Caf Society (2016)
July 15
$41.8M
Weekly Revenue
Finding Dory
$38.5M
Weekly Revenue
The Legend of
Tarzan
$31.5M
Weekly Revenue
The Purge:
Election Year
$18.8M
Weekly Revenue
The BFG
Finding Dory
a clownfish called Marlin. A year has
passed since the events of that film,
and now a new one, Finding Dory,
follows. The first film was almost
universally loved, but it is doubtful
thats why we are getting a sequel.
The title is self explanatory: Dory
has to be found, because she has
disappeared. When I heard of the title
three years ago, I didnt ask myself but why would she disappear? Dory
is a very unique fish that has shortterm memory loss. If we have to be
scientific about it, her condition is
akin to Anterograde amnesia. She
just cant make new memories;
subsequently, she is bound to get lost
at one point or another.
Dory suddenly starts to recall
fractional memories of her long
lost parents. Realising that she had
a family that loved her, and if alive
are probably still missing her, she
decides to go looking for them. But,
of course, as a result of her amnesia,
she cant do this on her own, as her
familys probable location is far away
from the Great Barrier Reef which is
home to her and hers, Marlin and
Nemo. The two, Nemo excitedly and
Marlin rather grudgingly, accompany
Dory on an adventure she probably
wont remember. Along the way,
she gets lost, befriends various
intriguing fishes, drives a car (kind
of), remembers a bunch of stuff
about her past (which is a big thing
for her) and finally gets to figure out
what it is that makes her so unique
as to be a title character.
Most scenes
seemed forced,
cranked up
by warm
soundtracks to
give feelings
they alone cant
achieve.
myself sit-up, a usual indicator of
my interest in a film. Yet still, most
scenes seemed forced, cranked up
by warm soundtracks to give feelings
they alone cant achieve. But the third
act was impressive. Especially the
resolution - which wraps the movie
up with one full sweep, played to
Bobby Darins Beyond the Sea - is by
far the highlight of the film. It isnt
often that a single scene breaks or
$16.7M
Weekly Revenue
Independence
Day: Resurgence
$12.5M
Weekly Revenue
Central
Intelligence
$8.8M
Weekly Revenue
The Shallows
$4.1M
Weekly Revenue
$3.8M
Weekly Revenue
The Conjuring 2
10
$3.0M
Weekly Revenue
Coming Soon
Ghostbusters
July 15
P ag e 47
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@gmail.com.
Car speakerphone
Speakerphones do come in handy if you happen to be a
busy bee all day long, and have plenty of phone calls to
attend to and yet would need to use both of your hands
for whatever task you are involved in.
One can mount it to a visor and have it connect
automatically to your iPhone or Android handset via
Bluetooth when you enter the vehicle. The included
software will enable one to make and answer phone
calls using voice commands, while an FM transmitter
leaves the door open for one to stream phone calls,
podcasts, music and GPS directions via the cars stereo
speakers. It takes two hours to juice it up with the
included USB charger, where a full charge delivers 14
hours of talking time or 960 hours of standby time.
mutes.
Surface Pro 4
The Microsoft hybrid is fast. It is
also powerful and portable. With
the keyboard attached, it weighs
just 2.3 lbs, which makes it ultraportable. It is quite like no other
hybrid on the market today. The
Surface Pro 4 represents the perfect mixture of power, portability and versatility. It comes with a
stylus pen. This can simplify tablet
interaction when a mouse or keyboard is not present. But it is also
powerful.
The small Microsoft hybrid integrates a 6th generation Intel
Core processor. The beautiful
2736x1824 pixel resolution screen
is something you should also
check out. It looks gorgeous.
Toshiba Chromebook 2
This one's for people looking for
work laptops that are lightweight
and affordable. The Toshiba
Chromebook 2 might be perfect
for you. You need to make sure that
you are always connected to the
internet. Like most Chromebooks,
it does not provide an impressive
storage space. Chromebooks usually come with an added bonus of
free massive cloud storage space. It
Philosophy Bites
Welcome to Philosophy Bites. This site
brings you interviews with philosophers
on philosophical topics via a podcast.
Its setup blog style, so you can scroll
down the page to browse through past
entries. When you are halfway down the
page, on the right side you will also find a
categories menu that enables you to pick
the topic you want to learn more about.
Another great way to browse is to check
out the 365 Bites Podcast Interviews
Arranged by Theme post. There you can
navigate the interviews by a variety of
different themes. For example: What is
Philosophy?, Great Thinkers, Personal
Responsibility and many more.
On that right side menu, you will also find
a search box. There you can search by
keyword. After that, you will find a listing
of the of the most recent posts to the page.
This is a cool way to learn more about
philosophical topics.
Check it out for yourself today.
http://www.philosophybites.com
P ag e 48
LEISURE
PART SEVEN
DISCLOSURE OF INFORMATION
AND INSPECTION OF BANKS
Aries
If you are into sales and marketing, you need to pay more
attention to achieve your targets. For those into business, this
is not a good time to go for bold and daring expansion plans. Dont get
disheartened if you face any obstacles in your career path. Learn to take
things in positive stride. Just have faith in yourself and you will soon
emerge out of this trying time
Taurus
This week, you associate yourself with a large organisation
where you can fulfil your dreams. You should think of
different ideas and strategies, and execute them to your advantage. Make
the best use of the opportunity to enhance your career prospects. If you
are an architect, pay attention while executing a recently received project,
as this will bring you the name you are looking for.
Gemini
TThere is an urgent need for you to step on the accelerator and
get going on those important tasks, say Astroyogi astrologers.
Even though circumstances are forcing you to do otherwise, you shouldnt
allow yourself to get carried away and lose your focus. Dont be tempted
to slack off, as an important honour is just over the horizon - and dont
forget your reputation is at stake too. You are already halfway through
it and any obstacles now are showing up because you are allowing them
to. As Mercury enters Aquarius on January 12, communication will play
an important role in helping you to get out of a troublesome situation
Cancer
Proving your point probably is not the way to win over others
this week. They might nod in agreement, privately hoping that
leave them alone. Everyone wants to believe that they have
a choice so skip `hard sell` tactics and opt for something
thought-provoking that connects with the person you are working with.
Be confident, not pushy.
Leo
This is a very good week on the career front, as you will deal
with work pressure much better at this time. Interesting
work proposals are likely to turn up, especially towards the middle
of the week. This weekend is particularly good for writers and those
in the communication field. Business professionals may expect good
offers from abroad.
Virgo
Coordinate with your colleagues for maximum efficiency
at work. You will not only be busy with your current
projects but will have a lot of new work coming your way. Make
sure you meet all your deadlines this week, as any delays in this
regard could create problems for you. Keep your priorities right
to avoid any confusion.
Libra
This week, your career graph moves ahead at a much
faster pace. An unexpected interview call lifts the spirit
of those wanting to change their jobs. Be confident and prepare
yourself well in advance for the interview. Avoid making silly
mistakes. This new opportunity will have better perks and satisfy
your desire to do something challenging.
Scorpio
This week some unusual & challenging situations are
indicated at your workplace. Your self-confidence and
presence of mind help you come out of this situation without
difficulty. Some great overseas opportunities are indicated
especially towards the middle of the week. You will climb up the
professional ladder at a much faster pace.
Sagittarius
This will be a good week for those applying for
the post of flight attendant or other airline crew.
Medical professionals will find good job opportunities within
the government. There will be offers aplenty this week for IT
professionals to work abroad. Remember to be clear about your
professional priorities this week. Look forward to the great week
ahead.
Capricorn
This week you may have to face some hurdles with your
new assignments and meeting deadlines may become
a tough task. You will have to work in coordination with your
colleagues to get your work done on time. Do not be stressed and
try your best to calmly resolve these problems. Your seniors will
be helpful and will guide you in the right direction.
Aquarius
A great week lies ahead of you on the career front. For
artists and designers, this may be one of the best periods
of your life. You are likely to get recognition and a raise in your
income for the great work you have been doing. Others finally
appreciate your dedication to your work this week. Great new
opportunities are likely to be knocking at your door.
Pisces
The week commences with a few challenges at the work
place. The period can be somewhat tough for you as it
may be creating possibilities of loss and distrust. This week also
brings delays and postponements but free yourself and discover
new things. Explore your creative side to bring out new ideas to
deal with the situations occurring in the week.
fine ine
Test 1
Eliminate twelve letters from the phrase
below to leave a word meaning"shakes"
Answers
Answers from
from last
last week:
week:
Test 2
Test 2
Test 3
what phrase is indicated below?
B+C=D
LARGE
P ag e 49
ECONOMY BY GRAPH
Exchange Rates
for Transactions
For the procurement of 1. Professional
Hand Tools, 2. Ratchet Wrench, 3.
Digital Meager (Earth Tester) with RFQ
No. 3531030. Ethio telecom. Address:
P. O. Box 1047, Addis Abeba, www.
ethiotelecom.net Closing date: July 21,
2016. Publication: The Ethiopian Herald,
June 28, 2016.
Currency
Buying
Selling
US Dollar
21.8308
22.2674
Pound Sterling
28.6136
29.2015
Euro
24.3261
24.8215
Swiss Franc
22.4458
22.8817
Swedish Kroner
2.5787
2.6287
Norwegian Kroner
2.5787
2.6289
Danish Kroner
2.6101
2.6606
Djibouti Franc
0.1222
0.1261
Japanese Yen
0.1222
0.2160
Canadian Dollar
16.8734
17.1993
Indian Rupee
0.8184
0.3298
Kenyan Shilling
0.2156
0.2201
Australian Dollar
16.3251
16.6397
SPECIAL DRAWING
30.563100
31.143800
1.4798
1.5084
Chinese Yuan
3.3208
3.3732
Exchange Rates
for Cash Notes
Currency
Buying
Selling
US Dollar
21.8308
22.2674
Pound Sterling
28.6136
29.2015
Euro
24.3261
24.8215
Swiss Frank
22.4458
22.9042
Swedish Kroner
2.5787
2.6315
Norwegian Kroner
2.6101
2.6632
Danish Kroner
3.2699
3.3360
Djibouti Franc
0.1222
0.1261
Japanese Yen
0.2143
0.2187
Canadian Dollar
16.8734
17.2162
Saudi Riyal
5.8184
5.9364
UAE Dirham
5.9434
6.0625
0.0120
0.0122
Vessel
Voyage
Latest
position
Latest
position
Date
Expected
Position
Expected
Arrival
Date
Destional
AFRICA
SEA
PORTS
SERVICES
GLOBAL
STANDARD
08WB
At
Djibouti
14 Apr
ETB
Reverting
Chartered
Vessel
AFRICA
SEA
PORTS
SERVICES
M/V
Golden
Eagle
At
Richards
Bay
03 Jun
ETC
Richards
Ba
06 Jun-
Chartered
Vessel
AFRICA
SEA
PORTS
SERVICES
M/V
PETRE
At Sea
ETA
Djibouti
10 Jun
Chartered
Vessel
FAR EAST
PORTS
SERVICES
M/V
TRANSTIME
At
Djibout
04 Jun
ETC
Djibout
21 Jun-
Chartered
Vessel
BLACK
SEA
PORTS
SERVICES
Gambella
23 SB
At
Djibouti
28 May
ETB
Reverting
BLACK
SEA
PORTS
SERVICES
M/V New
Venture
01
At
Djibouti
09 May
ETB
Reverting
Chartered
Vessel
BLACK
SEA
PORTS
SERVICES
Mekele
16 NB
At
Aliaga
ETB
Aliaga
Reverting
Charter
FAR EAST
PORTS
SERVICES
Assosa
13 EB
At
Shanghai
27 May
ETD
Shangha
06 Jun
FAR EAST
PORTS
SERVICES
Assosa
13 EB
At
Shanghai
27 May
ETA
Tianjin
08 Jun-
ECX
VALUE
CHANGE
EUR-USD
1.1083
0.0020
+0.18%
GBP-USD
1.2950
0.0042
+0.33%
USD-JPY
100.4300
25Jan-01Feb 2016
AUD-USD
(International)
Khartoum, Sudan
Tokyo, Japan
18Jul-20Jul2016
1.3016
USD-CHF
0.9775
-0.34%
0.0009
+0.12%
0.0014
+0.11%
-0.0012
-0.12%
Source: www.bloomberg.com.
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.
June8, 2016
A griculture ,
Horticulture, Landscaping
B us i ness se c t o r s :
Construction Industry
Exhibition
-0.3400
0.7488
USD-CAD
% CHANGE
27 Jul-29Jul2016
GPEC-Greenhouse Horticulture
and Plant Factory Exhibtion and
Conference
Destional
Arrival
Date
Abuja, Nigeria
B us i ness se c t o r s : Building ,
Construction
"I wish you all the joy that you can wish."
William Shakespeare
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
5
5
146.40
430.25
1,137.50
430.25
+0.75
-15.25
-15.75
-15.25
+0.51%
-3.42%
-1.37%
-3.42%
112.98
-1.85
-1.61%
1,341.35
+19.45
+1.47%
20.78
+0.45
+2.21%
221.70
+2.15
+0.98%
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
July 8, 2016.
P ag e 50
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Processor
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