page contents
Connect with us

Motherland News

Ethiopia’s EPRDF supports need for rule of law

Published

on

Ethiopia’s ruling coalition, the Ethiopian Peoples’ Revolutionary Democratic Front (EPRDF) has given full backing to the need to respect rule of law in holding the country together.

The EPRDF’s Executive Committee stressed at the end of its regular meeting on Wednesday that failure to respect rule of law was a sure means to derailing current reform efforts being undertaken.



The Executive Committee also underscored the need “to ensure full and total respect for the rule of law without which justice and order will break down and the promise of the current reform initiatives will not fully be realized,” Prime Minister Abiy Ahmed’s chief of staff said.

The 36-member committee of nine representatives, each from the four EPRDF coalition parties also endorsed wide ranging reforms being carried out by the administration.

FOLLOW US ON:
 INSTAGRAMLINKEDINYOUTUBETWITTER & FACEBOOK

They expressed trust in the speed at which the reforms were being pursued and also emphasized the need for reforms to be institutionalized to ensure their stability, chief of staff Fitsum Arega added.

The four parties under the EPRDF are Abiy’s party – the Oromo Peoples Democratic Front (OPDO), the Southern Ethiopian Peoples Democratic Movement (SEPDM), the Amhara National Democratic Movement (ANDM) and the Tigrayan People’s Liberation Front (TPLF).

The PM last week stressed at a graduation ceremony for top military officers that the authorities were not going to tolerate lawlessness because rule of law was the glue that binded the society.

TO DOWNLOAD OUR MOBILE NEWS APP CLICK HERE
WATCH RUSSIA 2018 HIGHLIGHTS HERE

Business

Absa became the new competitor on the Ethiopia market.

Published

on

Absa Bank Of South Africa’s  has become the Latest Multinational Corporation to show Interest in Organizing the Ethiopia market.

Ethiopia has since Prevented Foreign Ownership in Economic Sectors that Includes Banking but Abiy Ahmed has began to take fast Action on the issue since he came to power in April.



Jason Quinn, the bank’s chief financial officer, told reporters that Absa was investigating on how and where to enter in a number of populating market, including Nigeria and Angola.

IMG-20180912-WA0030

Am Entrance made into the Ethiopia market of 100 million People, would be part of a Scheme made by Absa after it break from Britain’s Barclays in 2017.

FOLLOW US ON:
 INSTAGRAMLINKEDINYOUTUBETWITTER & FACEBOOK

Ethiopia has plans to liberalise state-owned companies including Ethiopian Airlines, Ethio Telecom, Ethiopian Shipping & Logistics Services Enterprise, and Ethiopian Electric Power, in order to attract foreign direct investment and stimulate growth.

TO DOWNLOAD OUR MOBILE NEWS APP CLICK HERE

PROMOTE YOUR BUSINESS FOR JUST $1 CLICK HERE

Continue Reading

Motherland News

Black box of the Ethiopian Airline Crash recovered.

Published

on

The United Nations described the Sunday crash of the Ethiopia airline as disastrous saying it has cost them a great loss.



IMG-20180912-WA0030

Michael Moller, director-general of the U.N. European head garters said this was the worst loss suffered in years in Geneva in a statement where 150 people where gathered.

FOLLOW US ON:
 INSTAGRAMLINKEDINYOUTUBETWITTER & FACEBOOK

Investigators in Ethiopia have recovered the black box from the ill-fated Ethiopian airline this Sunday.

TO DOWNLOAD OUR MOBILE NEWS APP CLICK HERE

PROMOTE YOUR BUSINESS FOR JUST $1 CLICK HERE

Continue Reading

Facebook

Advertisement
Flag Counter
Advertisement

Trending

Copyright © 2018 Anttention Media. All rights reserved