In an exclusive interview with The Reporter, Ambassador Kaysar A. Mohamed, vice-minister of Foreign Affairs of Somaliland, revealed that the temporarily interrupted Khat trade between Ethiopia and Somaliland is returning to normalcy owing to the calming down of the Somali-Oromia border conflict.
Brita Wagener is the new German Ambassador to Ethiopia. She arrived in Addis Ababa a month ago after the passing of her late colleague Ambassador Joachim Schmidt. Wagener came directly from New York where she was a consul general.
Once again, the embattled Ethiopian Birr has experienced a significant decline against the mighty US Dollar. The latest round of devaluation resulted in shaving off 15 percent of the purchasing power from the Birr vis-à-vis the Dollar. The latest move aside, NBE has two other devaluations under its belt. For all its achievements in registering double-digit economic growth in the past 15 years, Ethiopia is still unable to improve its foreign currency shortage. All major devaluations were taken in the name of shaking this persistent and annoying evil. Nevertheless, devaluation has some serious tradeoffs.
Fozia Amin, chief ombudswoman of Ethiopia’s Institute of the Ombudsman presented her eleven-month performance report to the House of People’s Representatives (HPR) two weeks ago, to Members of Parliament (MPs) who largely appeared to be not that moved by what is been reported.
Developing local operating system, core banking and ERP platforms
The Information Network Security Agency (INSA) is ready to roll out a national payment platform that will interface all the payment systems and the associated payment terminals in the country including customs duties, utility bills, bank payment systems and any and all government billing systems starting from the upcoming Ethiopian fiscal year.
Abdul Mohammed is founding member of the InterAfrica Group, Inter-Africa Group - Centre for Dialogue on Humanitarian, Peace and Development Issues in the Horn of Africa, an organization which had played a key role in facilitating political dialogue and debate forums in run up to the 2005 General Elections. Abdul also served as its executive director for a number of years
Last Thursday, Abraham Tekeste (PhD), Ethiopian finance minister, walked in parliament building, which is located off Niger Street, carrying a dark brown briefcase in anticipation of his budget speech.
With the current Ethiopian fiscal year ending on June 30, the last few weeks in the month of June are usually when the details of spending plan for the upcoming fiscal year is revealed to the House of Peoples’ Representatives (HoPR). Keeping up with that timetable, Abraham Tekeste (PhD), finance minister of Ethiopia, presented his budget speech to HoPR last Thursday. This budget bill came weeks after the report of the Auditor General indicating that billions of birr allocated through the budget bill of 2008 EC has been mismanaged by several federal agencies in Ethiopia.
As head of the nations’ supreme audit body, Office of the Auditor General and its custodian, Gemechu Dubisso, are slowly building a reputation in Ethiopian politics. He took over from Lemma Argaw, who suddenly left the post after the famous throw down with the late Prime Minister, Meles Zenawi, in parliament about the legality of auditing regional states’ financial books. Close to a decade at the helm of the audit body, Gemechu has slowly managed to become more distinctive in Ethiopia’s political life.