Massive Fraud Case Lands in High Court

[Namibian] THE Ministry of Finance stood to lose N$210 million as a result of a massive value-added tax refund scam in which 16 Angolan citizens and two Namibians were allegedly involved in 2014 and 2015.

[Namibian] THE Ministry of Finance stood to lose N$210 million as a result of a massive value-added tax refund scam in which 16 Angolan citizens and two Namibians were allegedly involved in 2014 and 2015.

source: AllAfrica News: Namibia

Muferiat Kamil Is Ethiopia’s First Female House Speaker

[This is Africa] The appointment of Muferiat Kamil as house speaker of the Ethiopian House of Peoples’ Representatives, marks her as the first ever female house speaker in the parliament’s history.

[This is Africa] The appointment of Muferiat Kamil as house speaker of the Ethiopian House of Peoples' Representatives, marks her as the first ever female house speaker in the parliament's history.

source: AllAfrica News: Ethiopia

Dissolved Shell Comes Out Victorious Again

[Addis Fortune] Justices of the Federal Supreme Court’s Cassation Bench rejected an appeal by Hailu G.Hiwot, a real-estate owner, who has been battling with Shell Limited Ethiopia over ownership of a gas station located in Kazanchis.

[Addis Fortune] Justices of the Federal Supreme Court's Cassation Bench rejected an appeal by Hailu G.Hiwot, a real-estate owner, who has been battling with Shell Limited Ethiopia over ownership of a gas station located in Kazanchis.

source: AllAfrica News: Ethiopia

Abiy’s Daunting Economic Assignments

[Addis Fortune] A huge assignment awaits Prime Minister Abiy Ahmed (PhD) to put the industrialization effort of the nation in a stable footing. And there is much that needs to be done in both policy or strategic front as well as operational front, writ…

[Addis Fortune] A huge assignment awaits Prime Minister Abiy Ahmed (PhD) to put the industrialization effort of the nation in a stable footing. And there is much that needs to be done in both policy or strategic front as well as operational front, writes Getachew T. Alemu (getupfront@gmail.com), an economic development and investment consultant with Apex Consulting, US, and Director of Strategies, ExoTalent.

source: AllAfrica News: Ethiopia

Oromia State Accrues Investments Worth 5b Br

[Addis Fortune] The board of Oromia Investment Commission (OIC) has approved 167 investment projects worth 5.37 billion Br. Over 81pc of them are in agriculture and agro-processing sectors.

[Addis Fortune] The board of Oromia Investment Commission (OIC) has approved 167 investment projects worth 5.37 billion Br. Over 81pc of them are in agriculture and agro-processing sectors.

source: AllAfrica News: Ethiopia

Businesses Elevate As the Four-Year Ban Lifts

[Addis Fortune] After parliament recently lifted a four-year ban that imposed on overseas employment, travel agencies and jobseekers are seizing this opportunity. With 41 new travel agencies and agreements for the rights of employees, more and more are…

[Addis Fortune] After parliament recently lifted a four-year ban that imposed on overseas employment, travel agencies and jobseekers are seizing this opportunity. With 41 new travel agencies and agreements for the rights of employees, more and more are looking at job opportunities in the Middle East. Reports BETHLEHEM BAHRAN, FORTUNE STAFF WRITER.

source: AllAfrica News: Ethiopia

Football Federation Rebukes Local Broadcasters

[Addis Fortune] The Ethiopian Football Federation (EFF) has served a warning for the 16 football clubs, which are contesting on the Ethiopian premier league. EFF is claiming that the clubs failed to regulate television and radio stations that are live-…

[Addis Fortune] The Ethiopian Football Federation (EFF) has served a warning for the 16 football clubs, which are contesting on the Ethiopian premier league. EFF is claiming that the clubs failed to regulate television and radio stations that are live-streaming matches from the stadiums.

source: AllAfrica News: Ethiopia

Nation to Establish Coffee Processing Development Institute

[Ethiopian Herald] Ethiopian Food, Beverage and Pharmaceutical Industry Development Institute disclosed that it will soon establish a coffee processing development institute in a bid to boosting processed coffee products and increasing its export and f…

[Ethiopian Herald] Ethiopian Food, Beverage and Pharmaceutical Industry Development Institute disclosed that it will soon establish a coffee processing development institute in a bid to boosting processed coffee products and increasing its export and foreign currency.

source: AllAfrica News: Ethiopia

Namibia Monitors SA Reports On SME Bank

[Namibian] THE Bank of Namibia is monitoring reports in South Africa that a former KPMG official tasked to trace the N$200 million that disappeared from the SME Bank is being investigated.

[Namibian] THE Bank of Namibia is monitoring reports in South Africa that a former KPMG official tasked to trace the N$200 million that disappeared from the SME Bank is being investigated.

source: AllAfrica News: South Africa

Tirunesh Pulls Out From London Marathon

[Ethiopian Herald] Ethiopian great athlete Tirunesh Dibaba pulled out from London Marathon on Sunday. She was expected to set a new world record before the start of the race. Ethiopia’s Tadelech Bekele won the third place clocking 2 hours 21:30.

[Ethiopian Herald] Ethiopian great athlete Tirunesh Dibaba pulled out from London Marathon on Sunday. She was expected to set a new world record before the start of the race. Ethiopia's Tadelech Bekele won the third place clocking 2 hours 21:30.

source: AllAfrica News: Ethiopia