For two years in a row Ethiopian airlines has continued to make profits, even as her continental rivals like the state carriers in Egypt, South Africa and Kenya Airways make losses. The Ethiopian carrier recently announced a profit of nearly $ 200 M, that's one of the best results it’s had since it was set up. So what has the airline been doing differently? Girum Chala tells us more.
Crackdown on people smugglers in Ethiopia
As Europe continues to grapple with the migrant crisis, Ethiopia has intensified a crackdown on smugglers it blames for luring thousands of people who want to seek better lives abroad.
The government says it has arrested more than 200 smugglers and has begun a campaign to warn people about the dangers of making the perilous journey.
Ethiopian Comedy - Funny comedy by comedian Beti (Wanos)
Here is the SAD Story of 30 Years old Marriage and Murder in the Family
Speech by Teddy Afro after winning the Best Single of the Year for his Single released last year be Seba Dereja
Balageru Idol winner Dawit Tsige singing Abebe Teka and Tilahun Gessesse's songs
Ethiopia
Balageru Idol winner Dawit Tsige plays Abebe Teka ("Lalagegnat New Wey") and Tilahun Gessesse ("Yezenbaba Mar Nesh") songs
Abdu Kiar - Zhwa Zhwe (ዥዋዥዌ) - New Ethiopian Music 2015
Ephrem Tamiru 1985E.C - Ethiopian Oldies music
Israeli Prime Minister excoriated the United Nations for its “obsessive bashing of Israel” and “deafening silence” in the face of Iran’s vows to destroy his country in a speech before the U.N. General Assembly Thursday.
“Seventy years after the murder of 6 million Jews, Iran’s rulers promise to destroy my country, murder my people, and the response from this body, the response from nearly every one of the governments represented here has been absolutely nothing. Utter silence. Deafening silence,” Netanyahu said.
He then held a 45-second silence before speaking starkly about the Iran nuclear deal.
Zeynu Mahbub - Mooti Durbaa - Ethiopian Afaan Oromoo Music Video 2015
Ashara (አሻራ) EBC2 Series Drama - Part 1
Ashara (አሻራ) EBC2 Ethiopian Drama Series - Part 2
Ethiopia to begin natural gas export
Ethiopia will begin natural gas export within 3-5 years time, the Ministry of Mines (MoM) said.
“This will enable the country to earn 1 billion US dollars annually,” Tolossa Shagi, Mines Minister told FBC today.
The Chinese firm POLY-GCL Petroleum Group Holdings Ltd has concluded an agreement with Ethiopia to develop the natural gas deposit at Calub and Hilala areas in Somali Regional State within 25 years.
Ethiopia to Grow by 8.7 Percent, IMF Report Said
Ethiopia’s recent macroeconomic performance has continued to be strong overall, though with some rising domestic and external vulnerabilities. Economic growth in 2014/15 was buoyant (at an estimated 8.7 percent), supported by booming manufacturing and construction sectors. However, inflation has been on the rise, with domestic food prices pushing it above 10 percent. External vulnerabilities have also increased as exports of goods and services slowed significantly, while imports continued growing fast.
A sharp widening of the current account deficit (to an estimates 12.8 percent of GDP) was largely offset by robust capital inflows, with a 50 percent increase in foreign direct investment and a much higher public borrowing from abroad. The general government deficit expanded only marginally (by 0.2 percentage point) to an estimated 2.8 percent of GDP. At the same time, public enterprises continued to borrow heavily to finance their accelerated investment plans. As a result, their financing needs increased to 7.4 percent of GDP, while public and publicly-guaranteed debt reached an estimated 50 percent of GDP in June 2015.
Man gets 10 years in prison for illegally trying to export Tiff to Djibouti
Eritrea Demanded the Lifting of what it Calls Politically Motivated Sanction
The Eritrea government has once again stepped up the push for lifting of United Nations sanctions imposed on to the nation since 2009 Sudan Tribune reported. At the ongoing UN General Assembly meeting in New York, the Eritrean minister of foreign affairs, Osman Saleh, said the sanctions were politically-motivated, unjust and would have negative implications on the socio-economic welfare of the population.
“The sanctions must be immediately and unconditionally lifted. Once again no nation or people should be left behind”, said Saleh. The Eritrean foreign minister made the remarks while addressing the UN summit on the adoption of the post-2015 development agendas. In 2009, the UN Security Council slapped sanctions on Eritrea for supporting al-Qaida allied Islamist militants in Somalia, which continues destabilising the East African region.
Lighting Africa Launches Consumer Education Campaign
Ethiopia to host 4th Int’l Coffee Conference
The Ministry of Trade said Ethiopia in partnership with the International Coffee Organization (ICO) will host the 4th International Coffee Conference March 6-11, 2016.
The Conference is expected to bring together 1,200-1,500 participants drawn from ICO member countries and local participants engaged in coffee production and export, including buyers, researchers and other stakeholders.
Ethiopia drops five places in FIFA monthly rankings
The hidden hand of Habesha Diasporas gang up on fellow Ethiopians - Part 3