Addis Ababa (WIC) — Ethiopia earned 462
million US dollars from the tourism last Ethiopian budget year,
according to the Ministry of Culture and Tourism.
Director of Public and International Relations with the Ministry,
Awoke Tenaw, said that the revenue was earned from 584,000 tourists who
visited various tourist attraction sites across the country.
He said majority of the tourists were from America, England, Germany, France and Italy.
The income earned in the reported period increased by 69 per cent
raise, while the number of tourist grown by 14 per cent compared to the
previous budget year.
The Ministry of Agriculture said that it has
transferred 70 thousand hectare tracts of land to both domestic and
foreign investors last year.
According to the Ministry, the large swaths of the leased farmlands
would be predominantly utilized to cultivate products like cotton,
sugarcane, and palm oil, which have higher demand in the global market.
Some 79 metric tonnes of cotton was also cultivated on previously leased
118 thousand hectares of land.
It is well recognized that these days, leasing is usually understood
as a modern form of financing of various assets, both in the commercial
and the private sector. And leases have now become an integral part of
economic life. With their multiple creative possibilities and
variations, leases are alternatives to buying and renting for companies.
The diversity of different forms of leasing, and the fact that there is
no uniform lease contract, the aforementioned tracts of land as a
reference, results in a meaningful economic progress. In this respect,
relevant tax decrees would have positive impact on the local economic
POVERTY still exists here, but forget the Live Aid images of dust, flies and
famine – Ethiopia is rising from the ashes FAST.
And it is thanks to a growing economy and investment rather than huge handouts. Supermodel Liya Kebede, 34, who has graced the cover of US Vogue several
times, is among the prolific entrepreneurs emerging from the country.
Her online fashion range, Lemlem, is made in Addis Abba and its £160 dresses
and £100 scarves quickly sell out.
JEDDAH – A 35-year-old Saudi in Al-Zulfi, about 250 kilometers northwest of Riyadh, had a narrow escape after he was chased and attacked by his young housemaid holding a cleaver.
The Saudi sustained cuts in several parts of his body. The Ethiopian housemaid, waiting for the Saudi inside him house carrying a cleaver in her hand, took him by surprise. When he entered the house, the woman attacked him. When he ran, the woman chased him.
The woman cut arteries in the man’s hand and hit him in his shoulder. The Saudi fell unconscious after escaping to the street. He was rushed to hospital by a passerby.
At Al-Zulfi General Hospital, the victim had several operations in the head, shoulder and hand. He is reported to be in stable condition.
September 29, 2012 (ADDIS ABABA) – The
international community should extend a continued support for both Sudan
and South Sudan, if the former civil war rivals are to reach a
comprehensive and final agreement on the few remaining outstanding
issues, said Ethiopian foreign affairs Minister, Birhane Gebrekirstos.
Ethiopian minister was speaking at the Sudan–South Sudan Consultative
Forum (SSCF), held on Thursday at the United Nations (UN) Headquarters
in New York this week.
While lauding the recent breakthrough
achieved between Sudan and South Sudan, Gebrekirstos called on the
international community to encourage the two parties implement the
reached agreements and so as they come in to terms to finalize with the
remaining post-independence issues particularly on the status of the
disputed Abyei region and other border zones.
community needs to continually assist the two countries to "ratify the
cooperation agreement, establish mechanisms for the effective monitoring
and implementation of the agreement; and finalize the outstanding CPA
issues.” He stressed.
Ethiopian Maid stands in middle of road in Dubai suicide bid
DUBAI // A maid who was thrown out of her sponsor's house stood in the road waiting for a car to run her over, a court heard.
"Yes, I meant to end my life by standing in the street," the maid, AM, 24, from Ethiopia, told the Misdemeanour Court.
She said she decided to kill herself after her sponsor refused to pay her for three months' work.
maid claimed she did not know the address of the villa at which she
worked, but was thrown out on September 10 after her sponsor complained
about her work the previous day.
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