Ethiopian Business Review

The share of Boeing, the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems, fell by 2.5 pct, on January 18, 2013 according to AFP.

This happened following the frequent incidents the Boeing 787 Dreamliner encountered. Some of the problems include ignition of its battery pack on Japan’s All Nippon Airways, the largest operator of the plane, shortly after the flight landed at Boston’s Logan International Airport. Fuel and oil leaks, crack in the cockpit window and a computer glitch were also found. These erroneously indicated a brake problem. Following this, the United States Federal Aviation Administration (FAA) has grounded all dreamliners in its jurisdiction, on Jan, 18. This follows another incident in Japan. All Nippon Airways said a cockpit message showed battery problems and a burning smell were detected in the cockpit and the cabin.

Tuesday, 19 February 2013 11:34
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During the Christmas holiday exhibition at the Addis Ababa Exhibition Center one thing was visible- the presence of quite a number of Syrian exhibitors. The Syrians were trading from textile to jewelry and housing appliances. And most of them were pleased with the business.

Sunday, 17 February 2013 09:41
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A diagnosis on the corruption level of eight selected sectors in Ethiopia was made public on January 13, by the World Bank. The study which was done in collaboration with the Federal Ethics and Anti-Corruption Commission (FEACC), follows a sectoral approach citing its easiness to understand and focus as a reason.  Dubbed as keen to the Millennium Development Goals (MDG) sectors that were included in the study contains: health, education, water, justice, construction, land, telecommunications and mining. These sectors are categorized in three groups called basic service sector, old investment sectors and new sectors, based on their service and time of establishment have shown mixed results in the study.

Sunday, 17 February 2013 09:11
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