Anonymous sources

Addis Fortune



CBE's Multimillion Dollar Bid Sees Fierce Competition - Addis Fortune
CBE invited vendors for the supply of 420 ATMs and 4000 united of POS in January 2012, budgeting around 200 million Br, according to these officials who requested anonymity for they have not been permitted to discuss the bidding process with the media.
April 2, 2012


Charities, Civil Societies Directive Draws Ire - Addis Fortune
“An expense cannot be administrative when it is spent for project realisation,” argues the finance manager of the organisation, who asked to remain anonymous. “Unless a project is based on an existing effort, it cannot be realised, at all, ...
December 19, 2011


Only One Plot Sold at Last Basha Wolde Chilot Auction - Addis Fortune
Any price above the benchmark should be determined solely by the supply and demand of the market and should not be constrained by other conditions, argues an urban planning expert who asked to remain anonymous, as he is involved in projects for the ...
December 12, 2011


DBE Guarantees Credit of 350ml Br for Cotton Growers - Addis Fortune
... their hands on locally available cotton, the basic raw material for their industry, than going in the direction indicated, one member of the Ethiopian Textile and Garment Manufacturers Association (ETGAMA), told Fortune on a condition of anonymity. ...
September 14, 2011


Central Bank to Order New Notes Worth 52b Br - Addis Fortune
... made within a short period of time from the last time the central bank had made an order to print, not all the new money is to be used to replace damaged notes, macroeconomists privy to the matter disclosed to Fortune on a condition of anonymity. ...
September 14, 2011


Private Sector May Play Role in Electricity Provision - Addis Fortune
“The government should not expect many investors to invest in the sector, which demands heavy investment, because the tariff rates did not provide enough of an incentive,” an expert who is close to the matter told Fortune on the condition of anonymity. ...
August 23, 2011


Fight for Black Gold - Addis Fortune
... a mineral and demands a lot of exploration with huge amounts of investment for developing the area; and it's not fair to take the land after you invest so much in the land,” one of the companies' managers, told Fortune, but requested anonymity. ...
March 21, 2011


Immigration Grounds 60 Ethiopian Technicians - Addis Fortune
Employees who claimed to be underpaid and overworked and unsatisfied with the salary increment for being insufficient, are submitting resignation letters, which have been rejected by the airline, sources inside ET, who requested anonymity due to the ...
February 28, 2011


Agency Excludes Urban Planning Civil Servants from Pay Raise - Addis Fortune
The purpose of this latest increment is to regulate the living standards of civil servants given the inflation rate and rising cost of living, argued an employee of the UPII who requested anonymity. The previous increment was made to attract employees ...
February 21, 2011


Development Bank to Offer Citizens Gov't Bonds - Addis Fortune
... a history that may not attract as many bond buyers as its managers would hope, according to an expert in the financial sector who requested anonymity. ...
January 31, 2011


Change in Ethiopian Work Conditions Not Flying with Employees - Addis Fortune
... while it takes years to train pilots and ground technicians,” a cabin crew-member, who attended the meeting and requested anonymity, told Fortune. ...
December 27, 2010


Askallukan Four Gte 4.5 Years - Addis Fortune
The sentence of the employees should not have been the same as Menna's, according to a veteran legal expert who requested anonymity as the case is sensitive ...
December 27, 2010


Meta JV Proposals to Close Next Week - Addis Fortune
The Privatisation and Public Enterprises Supervision Agency (PPESA) did not deliver it in time before the submission deadline, according to sources close to ...
December 6, 2010


Tax News Takes Wind out of Bank Presidents' Sails - Addis Fortune
“The intention was very clear,” said a chief of a private commercial bank at the time, who requested anonymity due to the sensitivity of the case. ...
December 6, 2010


Rubber Project Requests Upgrade to Enterprise - Addis Fortune
The proposal's submission was confirmed by sources at the PPESA, who requested anonymity because they were not authorised to officially comment. ...
November 15, 2010


Land Auth. Orders Real Estate Firms to Put Construction on Ice - Addis Fortune
... and disappointing because the investigation could have been done while construction was going on, said one of the developers, who requested anonymity. ...
September 6, 2010


EIC's 1.5b Br in Claims May Force Changes - Addis Fortune
... since it now has to pay more in premiums to its reinsurers, an expert in the insurance business who requested anonymity told Fortune. ...
August 30, 2010


NAHO Plc First to Gain from PM's Hotel Strategy - Addis Fortune
The company will establish a five star hotel on the site, according to a person close to the investors. The total investment cost could reach as high as 350 ...
May 3, 2010


Super Size Saudi Supermarket for - Addis Fortune
... it will offer its services to people coming not just to Nani but also to the stadium and nearby areas, according to a person close to the project. ...
March 29, 2010


ERA Asks MoFED for 2.9b Br Extra - Addis Fortune
Mekonnen has been trying to find even one billion Birr for the infrastructure institution, according to a top official at the MoFED who requested anonymity ...
March 1, 2010


City Drudges Deeper into Debt - Addis Fortune
... is intended to finance the local area development plant in the Lideta District, according to an official close to the Mayor's office. ...
February 15, 2010


Questions or suggestions