nazret.com
 

« Ethiopia Invades Somalia In Fight Against Al-Shabab - NPREthiopian-Israelis rally against racism »

Ethiopia Could Raise $7.6 Billion from Sale of State-Owned companies to private investors

advertisement

01/12/12

Permalink 03:38:44 am, by nazret.com, 202 words   English (US) latin1
Categories: Ethiopia

Ethiopia Could Raise $7.6 Billion from Sale of State-Owned companies to private investors

Ethiopia Sale of State Assets Would Raise $7.6 Billion

Jan. 11 (Bloomberg)
-- Ethiopia’s government would raise 132 billion birr ($7.6 billion) if it sold the country’s five biggest state-owned companies to private investors, Access Capital SC said.

The sale of Ethiopian Airlines Enterprises, sub-Saharan Africa’s second-biggest carrier, Ethiopian Shipping Lines, Ethio Telecom, the Ethiopian Insurance Corp. and Commercial Bank of Ethiopia would generate funds needed to finance infrastructure projects in the country, the Addis Ababa-based research company said in its annual economic report. Proceeds from 81 other public enterprises earmarked for sale by the government would raise more than $1.9 billion, it said Jan. 9.

“Ethiopia needs cash now and it makes perfect sense to liquidate the net worth held in long-accumulated assets for something as grand as ensuring a transformative change in the country’s economic history,” Access said.

A five-year growth plan unveiled by the government in 2010 calls for 569 billion birr to be invested in projects including roads, dams, sugar factories and railways by mid-2015. Privatization is necessary because Ethiopia doesn’t have the savings to finance the “needed, justified and on the whole appropriate” public spending, Access said. The sale of assets would also boost foreign investment in sub-Saharan Africa’s fourth-biggest economy, it said.


Read More from Bloomberg

Google
 
Web www.nazret.com

advertisement

42 comments

Comment from: Ok [Visitor]
EPRDF has revealed it's true communist self recently when it out of the blue decided to snatch off freehold owners...let alone to sell it's control-machines such as the telecoms...forget it, it aint gona happen under Albanian style communist regime...If any thing people should brace for worse..EPRDF is the most unpredictable regime on earth...One minute It can give you the impression of being progressive and the next minute it shocks you with the most depressing law on earth! you can't rely on them.
01/12/12 @ 04:08
Comment from: observer [Visitor]
First, sell EFFORT companies if you want true privatization.
01/12/12 @ 04:27
Comment from: Imperial Body Guard [Visitor]
The illegitimate alien puppet regime has no legal right to sell Ethiopia's sovereign enterprises, which belong to the people of Ethiopia. It is not unusual to see the alien imposed federation seeking short term gains at the expense of the Ethiopian people, for their own ignorance has brought about their own demise.
Fire a go burn down neo-colonialism!

"Neo-colonialism today takes two forms: economic and political. We recognize that economic dominance is not only often the more difficult to eliminate, but often serves as the entering wedge for political domination. We further recognize that, given the history of our continent, and the conditions under which we came to freedom, it is not unusual that, despite our best efforts, the economic independence which we seek is long and difficult in coming. Long-established patterns of trade are not easily or quickly reoriented. Let us not delude ourselves in thinking that these facts, for such they are, are of no significance for the future of Africa. But let us, at the same time, toil with all our strength to alter them.
When we consider political neo-colonialism, our desires, although perhaps no less difficult of attainment, are at least easier of articulation. We seek to avoid a rigid and inflexible posture which prejudices our position on major issues before the world. We seek to avoid alignment, to achieve true non-alignment. Our late good friend, H.E. Prime Minister Nehru of India, put it thus: 'The only camp we should like to be in is the camp of peace and goodwill.'" Selected Speeches of His Imperial Majesty Haile Selassie I, page 269-70

"The aim of those leaders that is based on ambition for power and personal gain is one with no firm foundation and will, consequently, crumble easily." Selected Speeches of His Imperial Majesty Haile Selassie I, page 471


"Man can only begin an enterprise, it is for God to dispose of it to a good end." Selected Speeches of HIM Haile Selassie I, page 391

Long Live the Constitutional Monarchy!
Long Live the African Unity!
Fire burn down the satanic star of secession
Rise with the Lion of Judah!
Gasha for Ethiopians!
Long Live Independent Ethiopia!
01/12/12 @ 06:07
Comment from: Heny [Visitor]
Imperial Body Guard,
when I think of you, I think of a desperate, dying old desperado... What are you up to after all? Why you keep posting the same stale, cliche slogan? ekekam
01/12/12 @ 08:03
Comment from: GUDU [Visitor]
Meles Zenawi must be wanting to make a final retirement money.

Let me get this right. Are you telling me after generations of Ethiopians gave their life in building Ethiopian Airlines Enterprises, Ethiopian Shipping Lines, Ethio Telecom, the Ethiopian Insurance Corp. and Commercial Bank of Ethiopia finally Meles Zenawi and Company are going to sell it to the highest bidder ?
Is it Whoever has the money will take over the country ?
I am guessing whoever has the money is eligible to buy Ethiopia, any investors from Saudi , Italia , Eritrean , Sudanese and so on will own Ethiopia if this plan goes through .
Is there going to be restriction on who they hire after they made the acquisition?
Are they going to bring their citizens to work for them and fire the Ethiopians ?
Are the Ethiopians currently employed going to get any compensation to live on after the sale?

It seems if this happens all political opposition groups will withdraw because there is not going to be anythinbg left to lead anymore , No Ethiopia no Ethiopians left to lead. For sure Meles Zenawi will not want to stay in power because he will make as much money as he can ever possibly rob for him for him and his family through this sale.
01/12/12 @ 08:25
Comment from: godlessness [Visitor]
I think this research group is speaking on behalf of a segment of the western world. Thats what they always say and do.

That being said, EPRDF has failed and failed miserably in many sectors in the country.
01/12/12 @ 09:15
Comment from: Hagos [Visitor]
Every thing under ethiopian name is on the tabel for praivatization how about EFFEROT , If they consider them self as an Ethiopian ,They should put their company with the others, Hope this messege get to TPLF leaders , then we do belive every one have equal share Till then keep your hidden agenda to your supporter and do not full the rest of Ethiopian.
01/12/12 @ 09:38
Comment from: 100% ETHIOPIAN [Visitor]
****-
If we would....and
If we could....

Let us see it on the other way.
Before the Colonial time, South-Africa and its people has nothing to be seen by the Media. But, very well reach in under ground (natural resources). Then, the British occupied the diamonds area and the German on the other. Within few years, the Country has beautiful buildings, roads,....but, who were benefited??? The people has been told, "Shut up! We are building the Country!". It did took many years and many lives for South-Africans to share their Country benefits and to call South-Africa is for South-Africans.
01/12/12 @ 09:52
Comment from: Honest [Visitor]
Holy smokes!!! Who is taking the money and who is buying? So the Banda Tigrian government is showing it's true colors again? All is for sale in Ethiopia, the women to the Arabs, the land to Saudi and India, the kids to the west, the gold to the Shiek you know who, other natura resources to China, and now Ethiopian Airlines, Tele, .... to the highest bidder!!! Ethiopia is being pillaged and raped and we are all letting them do it, how sad!!!
01/12/12 @ 09:55
Comment from: Mesfin B [Visitor]
What is this "Lunacy" ?
If the whole economic movers of Ethiopia(what little there is by the way) is up for sale, and the land is slowly being rationed to the highest biddder, there will only be the air above the nation left!!!
I don't think the "hayena regime" would like to sell its blood line.


Death to the Current Tyrant regime.
01/12/12 @ 10:23
Comment from: Gashe mamo [Visitor]

Being desperate for power they took away our freedom & right; Being desperate for cash they sold everything, land & property, and now they are so much closer to finishing their clearance sell. It is time to discuss how to charge us for the free sunlight & air we are getting.
Soon Ethiopia will be the first country to say " Hey you I saw you puff a large amount of air while you are reading, you have to pay $$."
01/12/12 @ 11:13
Comment from: dino [Visitor]
I am tired of hearing about his excellency bull about past fuedal era tag that was buried under the toilet for all the ill he caused the people of ethiopia, no one belives the crap coming of the propaganda machine that eminates from the so called lion of judah followers that are in the dispora,,running their mouth need to step up and stand for the country in the country rather than running your mouth from far...
01/12/12 @ 13:59
Comment from: Amhara Princess [Visitor]
Ethiopia's illegal, unelected, part Eritrean government/cabinet trying to completely sell the country's public assets to benefit the PRIVATE SECTOR aka government/TPLF owned & affiliated businesses? Oh, my my. Let me guess? EFFORT & all the business under it won't be flogged off because they are registered charity!!!


01/12/12 @ 15:59
Comment from: Imperial Body Guard [Visitor]
Heny, dino [Visitors]

"We take pride in reminding you that the tradition of Our Imperial Body Guard has been to follow unquestioningly the call of duty and to laugh in the face of death. To you who now take the place of those who have gone before you falls the sacred task of upholding this noble and glorious tradition."
Selected Speeches of His Imperial Majesty Haile Selassie I, page 605

"Honesty means not to oppress anybody and deny him his deserved share. It does not mean being irresponsible or conceited and dictatorial. We, on Our part, will never cease to eliminate conceitedness, oppression, subversion and corruption in order to maintain peace and national security." Selected Speeches of His Imperial Majesty Haile Selassie I, page 393

"Ethiopia must remain united, without dissention, like members of a family. She must be regulated by a Constitution of universal application and governed by an Emperor. The force of this unity must be based on community of interests, so that the individual, without as a result suffering neglect or prejudice, may understand the power of this unity and the advantages to be drawn from it in the protection of his personal interests, whilst at the same time renouncing all personal ambition which would be to the detriment of the common goal." Selected Speeches of His Imperial Majesty Haile Selassie I, page 389

"As has been stated by Us when We gave the first Constitution, that '...the Ethiopian people must share the burden of responsibility which in the past was borne by their monarch...,' by this act We sought to disperse responsibility and authority among Our people, that they might exercise it, together with Ourself in securing the advancement and the unity of the Ethiopian nation. In this manner We sought to lay the groundwork for the orderly and natural growth of those political and social institutions which are essential to the development of a dynamic yet stable society." Selected Speeches of His Imperial Majesty Haile Selassie I, page 411

"Ethiopia is a country with her own cultures and mores. These, our cultures and customs, more than being the legacy of our historical past, are characteristics of our Ethiopianness. We do not want our legacies and traditions to be lost. Our wish and desire is that education develop, enrich, and modify them.
You all know the continuous effort that Ethiopia is exerting for the development of a profound and high standard education. We need educated and trained persons for research, for the study and development of our country's resources, for technology, for medicine, for the law, and the administration for our people according to their custom. These are the needs that constrain Us to provide, at all levels, education free of charge. And students, ever mindful of this privilege, should endeavour to recompense their country and nation." Selected Speeches of His Imperial Majesty Haile Selassie I, page 35

Long Live the Solomon Dynasty!
Long Live the Kebra Negast!
Long Live the Fetha Negast!
Long Live the Charter of the United Nations!
The more alien puppets worship their satanic star of secession, the more I and I burn it down!
The Lion of Judah shall crush every yoke and set the captives free!

01/12/12 @ 16:48
Comment from: werner2010 [Visitor]
Access Capital SC is scratching where it does not itch. They merely see the soaring profits for themselves and their clients by grabing these state-run enterprises. It is seen once and again all over the world that the general public does not always benefit from the selling off of such basic companies. Social and enviromental aspects, or safety are not prior concerns for private firms. Privatisation often entails loss of jobs, and the companies that have acquired the transport, water, electricity or telecom firms often cut services to poor, rural or remote communities. German and British railway companies have done exactly that.
01/12/12 @ 16:56
Comment from: werner2010 [Visitor]
By the way, acoording to a 2009 survey, 70% back re-nationalisation of British Rail. There is also similar support for renationalisation of power firms...
01/12/12 @ 17:03
Comment from: AGAZI WOMAN [Visitor]
I used to be ardent opponents of selling any government enterprises,entity,land to any foreigners.

Thanks to most amharas and anti tigrays that crys every day out of jelousy,envy against tigray people investors,EFFORT,government servent.

I would not give a shit anymore whats sold to foriegners.Obviously most amharas and anti tigray would rather see fucken india,china to inslave them than the beutiful tigray people serving them.

While you monkeys crying about the TIGRAY PEOPLE PROPERTY EFFORT and few wealthy tigray people who are investing in thier own country ethiopia,soon or later you will pay for your hatred on tigray people.

That is you will be foreigners on your own country abunch of basards fucken anti tigray.Burn in hell you bastards who wish the tigray people evil.

The tigray people being living with ethiopia for thousands of year contributing enormously to ethiopia culture,religions,tradition and most importantly sacarficing thier life to defend ethiopia from foreign invaders.

Yet you bastards envy,hate ,curse these beautiful maginificent tigray people for your own short term interest and fucken power.

In you guys eyes the fucken effort company ,few tigray military leaders,government servents,buisness people are a threat to you and the future of ethiopia.

Well you basards you guessed wrong,you will be servent,slaves of india,china and other foreigner in your own country,because most of you are evil,ungreatiful and you deserve it.

My original principle was not to ever sell any previously ETHIOPIA PEOPLE PROPERTY/government owned enterprise TO ANY COMPANIES OR INDIVIDUALS.

But i was wrong ,for the past 20 years most of you basatard have deep rooted hate,envy,jelousy to your own TIGRAY PEOPLE than fucken foreingers.

You deserve everything thats coming to you now and the future.Thanks to article 39 if we choose not to live with you we will bolt out and ever have to deal with evil people,that makes you to be mean spirited.
01/12/12 @ 17:29
Comment from: Ye Woyane Zemen [Visitor]
Good news. The only news coming out of EPRDF headquarter is selling , selling and selling. Leaving nothing to people or the country contrary to all other countries of the world.

Everything in Ethiopia is up for sale to rich foreign buyers like the Indians, Saudis, Turks and so on by EPRDF. We love the division of all Ethiopians that gave us the opportunity to loot. We love OLF for their biggest contribution of our successes. Without them we have been ousted long time ago. OLF don’t want to stand united with their fellow men.

We want OLF to fight with Amharas while we are retailing their land and farm. Sell land, people, children, farm, companies and everything.

The end to our time is nearing and we are taking advantage of that. OLF is not the same anymore.
01/12/12 @ 19:55
Comment from: Ethiopian [Visitor]
Guys Guys Guys,
This is crazy! Do you know that the illegal TPLF regime have transferred almost $11 billion cash oversees? The development they are talking about today is only become possible through loans and China's assistance ,and the funny part is that me and you will continue to pay these loans after these pigs leave. In addition, today they are thinking to add an additional $7 billion to their account and we must learn to say "Hell No!" listen, I sincerely believe that the money they have robbed for the last 20 years will be used to increasingly modernized the already built great TIGRAY after they seceded from Ethiopia and reunite Eritrea. Yo. These people are faking us, first of all Eritrea become a legitimate country with all sea access while they are not even more than 4 million in population while we are 80 million and this become so possible due to Meles Zenawi. You remember as they have already taken many land from Ethiopia and incorporated to Tigray?How about the desert Badme, after we have losing all our sea access we still are begging the international community to recognize Badme an Ethiopian land. Remember, after our son and daughters' secrification of their lives and we won the war, Meles lied to the Ethiopian people by saying Badme is awarded to Ethiopia. Where are we now? still there is no recognition of our claim. They are buying time until they leave Ethiopia so they will weaken us and easily take away the land. Look, the war between the two was created to kill more Ethiopians period. I strongly believe that Meles and Eritrea are still friends and they seem enemy so they can fu*k up stupid OLF and other Ethiopian lovers indirectly by luring them in providing military training etc. That way one can destroy the other enemies so that both can rule longer by destroying their enemies quiet easily. The war was also created as a means to murder the reminiscent of DERG military personnel as they were a threat to future problems and also targeted to kill innocent non-tigrayan Ethiopians and create a sort of psychological fear. Any way, I can go on and on on this issue but back to this robbery,I tell you that Oromia and Amhara are becoming a site for generating revenue that Meles and his tugs steal year by year until it is time for them to leave office. Their increase in looting is a sign that they are sensing a leave of power so that they will sell any part of Ethiopia such as private companies and make us modern day slaves and they will take the money with them. According to a recent study by Ghanaian economist, the TPLF robbed about $11 billion and deposited to foreign banks and so on. So, there is no doubt that they will continue to steal til they leave power. The infrastructure they are building today is a mean to fool us and make us think that they are doing it out of our money. If you see majority of infrastructures are being built with with loan or Ethiopian loving investors such as Alamudin/Ethiopians or other foreign investors.This money is a debt for me and you to pay later.So, please let us not be delusional and let us wake up from our stupid dreams and stop this group of tugs before going far in their crimes.
01/12/12 @ 21:32
Comment from: john john [Visitor]
*****
Thanks for nice move we are not under old Soviet yolk and all State owend companies must sold to great investors for good. Go forward EPRDF.
01/12/12 @ 23:19
Comment from: gobena [Visitor]
This will be the last stage for mothers of corruption to do.
After they sell the money stolen from Ethiopia would raise from 11 billion 18.6 Billion. And Ethiopian will inherit the biggest poverty ever seen in history. Acess is the introduction of what Melese and Bereket want to do or sell.
01/13/12 @ 01:14
Comment from: C'est moi senait [Visitor]
There you have a international maffioso robbery org. Advising how weyannes sell things.
Wait and see the robbery is just gearing up8Xe9Ad
01/13/12 @ 01:18
Comment from: Woy hagere [Visitor]
I prefer those companies to remain in the hands of the "government" than selling them to investors, not because I am against privatisation but the fact that the money goes to the pockets of Woyanes.

Long Live Ethiopia!
Long Live Nelson Mandela!
01/13/12 @ 02:13
Comment from: kaddisaba [Visitor]
people listen,

Access capital is a private equity company who also does some research is just saying - if Ethiopia sells...

If you read all the way Bereket says no way - we need the money it generates to development. What's up with all the fukera - chill
01/13/12 @ 04:25
Comment from: dt [Visitor]
Dear All

It saddens me when I read our comments. Some are very shallow and we are very quick to react. Some of us have not even fully read the article before making comments. For some it is an occasion to complain about the current government for others it is a good opportunity to insult the neo colonialist west. None of these two are actually concerned in this article. This could be a good opportunity to move our country forward.

The study findings are actually indicating the potential market value of these organisations. Should the government decide to sell them that the sort of money it will be able to raise. Does it need money? Definitely. Otherwise we wouldn’t be hearing about the Renaissance Dam bond sales 24/7.

When we think about the sale of companies of this size it is not like selling a chicken for Christmas. You negotiate, then you pay and the chicken is yours to kill and eat.

What I am trying to bring into the discussion here is what will we be losing, as Ethiopians, if Ethio Telecom sells shares worth 25% of its value to investors through an IPO? The company will still be owned by the Government which holds 75% of it but it will now have some cash to spend in modernising it instead of always taking loans from the same Chinese bank. Individuals who are able to buy shares will own some parts of the organisation and as such contribute to the development of their country. I wouldn’t mind owning some shares from Ethio Telecom or Ethiopian Airlines and this will not deny other Ethiopians of their ownership. But for some reasons successive Ethiopian governments have never wanted that. Of course if there are other owners of these companies one cannot do everything it wants with it. There will be some limits and some level of accountability and maybe that is what is being avoided.

But going back to the point I was trying to make by selling 25% of these companies the government will b e able to make almost $2 billions. Now tell me how much it needed to implement the GTP? Wouldn’t this contribute greatly to that?
Regards
01/13/12 @ 07:21
Comment from: meyisaw [Visitor]
*****
As far as I understood, this was a suggestion from Access Capital but not a decision by Woyane. Reading this, they might consider doing it and this will be the last cash asset they are going to stash it with the other lootings in foreign banks. Having said that, if Ethiopian Airlines was to be sold, I am afraid how many woyane stooges in the managment are going to be jobless. The same thing with ECB where corruption and mischiev are daily practise. But let us hope for now woyane is boasting to claim they have enough foreign currency! besides the world economical situation is not encouraging to do so. Let us wait and see for some time to come.
01/13/12 @ 09:21
Comment from: Semien Mountain [Visitor]
The Anglo-American type of capitalism is a merciless criminal and is now dead.

This is the English Economic conspiracy and wishes to destroy Ethiopia. Ethiopia is already totally rejected the Anglo-American economic system that makes the few rich while the mass very poor. Their economic system is committing economic terrorism and crime in a legal way. Look the poor people situation in these two so called developed countries.

Ethiopia will never ever privatize the above mentioned nation properties and land, energy, water and many others that are the fundamental to the existence of any nation as a nation including Ethiopia. China, Japan, Korea, Germany, France and the likes are the best examples Ethiopia need to look at, work with them and benefit together.

Germany which is the first nation Ethiopia has diplomatic relation hundreds years ago is helping Ethiopia in many fronts especially with knowledge transfer and teaching our university students and we thank them for that. Germany didn't colonize Africa, didn't Enslave the Africans, didn't invade or wage war against Africa and they didn't do what others did against Africa/Black people. Ethiopia as the best friend to all good Europeans, symbol of Africa, capital of/meeting place to Africa, very trusted and civilized people, would benefit Germany and other good Europeans with their relation in Africa.

But the English? They are good if they leave Ethiopia alone including stopping damaging her Image. They can stay in Kenya and other slaves and colonies whom still think are slaves and under colony

As long as Ethiopia keeps herself from the English Economic, politics and other conspiracy, she will flourish. Don't trust the English. Don't forget what they did to us and still are doing. From Europe, i'm in love with Germany. They are hard working people. Their Character is very much similar with the Ethiopians. Their economy is not based on exploitation, slavery, colonialism and many crimes others are. I see a very close and trust worthy future relationship between Germany and Ethiopia. But, The English? watch out. Keep them away and don't trust them

01/13/12 @ 09:23
Comment from: Shameful [Visitor]
Now is the Golden chance for woyane thugs to own the public owned properties into their private names. They will buy Ethiopia for the begged money in the name of Ethiopians:):):)
Woyane is nailed and guaranteed the ownership of Ethiopia privately:)
Save Ethiopia!
01/13/12 @ 09:28
Comment from: Dagnachew Koru [Visitor]
Please read understandably, "Ethiopia’s government would raise 132 billion birr ($7.6 billion) if it sold" what is the meaning of the phrase "if it sold" means?
01/13/12 @ 13:56
Comment from: TEDDY [Visitor]
By the Way Hyena ,before treating others as desperados why don't you talk about you and all your thuggy bros infecting this website !!!By your usual craps ,"Meles the best "and "Meles the Great" ,advocating mass murdering and the looting of the entire country by your SS agazis and your parasite Mafiosis .Lekami ,Gudaffi ,Atela BANDA !!!!!
01/13/12 @ 17:03
Comment from: Here we go agian [Visitor]
TPLF is worming up itself and is using the Access guys in preparing us physiologically for the mother of betrayal - sell off what is left of Ethiopia to highest bidder. I join the others in demanding first privatize EFFORT companies and the money should go the benefits of all Ethiopians as EFFORT companies are built on looted money.
01/13/12 @ 17:26
Comment from: Alex [Visitor]
This is a clear sign that Melese in desperate situation. He must be planning to flee the country to China by giving them all public asset. The sale of these very lucrative businesses does not make any sense at all. He does not have mandate to sell public asset. This will cost him his life and those who dare to buy it. I can just see public up roar and revolution over this.
01/13/12 @ 18:07
Comment from: yyyyy, f11ken weyaney [Visitor]
***--
THE NEW ETHIOPIAN GOVERNMENT WILL RAISE $20 MILLION BY SELLING WEYANE PARASITES.

$5.00 X 4 Million W. Parasites = Not bad $20,000,000.00 Just to clear or wipe-out the flies in the barrel. No more trouble left.

AGAZY WOMAN; you crook old shit stinky. We already know the ongoing secret meetings your frog leader did everywhere in Tigray community meetings. He told you guys Tigray is ready to be separated. You asked him,"why there are no progress in Tigray"? He said,"We don't want Ethiopians to know. If they see it, they will be against it. We make most Tigrayanes Millioner and very fast after separation, all technology will be imported in Three years".
Every time this frog travels Korea, etc. He always stop by for Two days or more in Tigray Communities anywhere secretly. Last time he announces to fly to S. Korea, but after that he went Sweden in Tigray Community for Two Days.
Few Years ago, he tried for assassination by one Tigray-Ethiopia Official, but he was saved by anonymous European security.
Now you get fucked. Agazie, retired 61 Years old Woman, keep cleaning the Mentally ill patients shit.
01/14/12 @ 01:01
Comment from: meyisaw [Visitor]
*****
Agasses Agazi woman!
Oh! my God! your condition is getting worst. you are insane. you are not only vulgard, but also uneducated, stupid. Readers watch how many times she used the word f... and b... so filthy even her fingers do not get to know something better to type. Ofcourse by observation you are also suffering of inferiority complex. In future when you get better, try what the majority is saying has nothing to do with tigray people, but the bandit looter woyanes who used to be your masters and still are. Please let us leave the people out of this and focus on the woyanes.
Help some one to call emergency for this woman! she is not getting better need more pils!
01/14/12 @ 01:58
Comment from: Yeshi [Visitor]
ሀራጅ ! ሀራጅ ! የገበሎ ቅዳጅ!
ኢትዮጵያ የምትባል ሀገር ለገበያ ቀርባለችህና ተሽቀዳደሙ ።
ሻጭ ወያኔ /ህዝባዊ ሐርነት ትግራይ

Ethiopia on sale,
What else is left in ethiopia for Weyane to sell? The sold all government owned companies (actualy most of the companys taken by EFFORT, the sold vast firtile vergin land, first Weyane sold land over the size of Dgibouti to Sudan, then they sold to Saudi Arabia and India. They also sold gold and other precious miniral mines. Now, they want to sell the remaining long standing and most successful Ethiopian companies. For most of us these companies are considered as a symbol of our identiti and prides. Why they don't sell EFFORT, the company organized and expanded by looting Ethiopians' and serving only one and minority nationality.
01/14/12 @ 03:30
Comment from: TEDDY [Visitor]
Agasess Woman ,keep on crying ignorant Lekami Teletaffi Banda .For your Information EFFORT is a simple Mafia Firm which the origin of Capitals is from the looting of Banks ,States and private ownerships looting comitted by your Bandits during your invasion of the country .Specially from 1989 through 1991 .Plus the Money of band aids and many other NGOs supposing helping the peoples of Famine Affected areas under the control of the looter Agazis .While the Northern Part peoples,specially the Tigrais , were dying with Famine ,Sebehate Nega and Lebaw Legesse Zerafew with their parasite followers starting by the Evil Azeb were enjoying confortable life .The same as today ,afterall EFFORT never gives the single chance from sparing the Tigrai peoples from misery .While tha Adwa Gangs ,the Tigre Mafiosis ,the SS Agazi officers with their kersam Bandas are enjoying Addis Abeba Leisuries Tigrai peoples are still bare footed still living the same life of despare and misery .Concerning the looter Chinese ,Hindus ,Arabs in the name of economic investement exploiting the poor Ethiopian peasants and destroying the lands ,SHALL SOON BEING KICKED OUT FROM THE COUNTRY , the day that your leba master with his Agazis finished Hanged and rosted in the streets of addis and at the gate of Menelike Palace .
01/14/12 @ 13:58
Comment from: emunate [Visitor]
That sounds like a scarry proposition! to sale all these great company to the private sector is like bankrupting the government of its power and prestige. the hodams are waiting on the wing of greed to snap any investiment opportunity that the government are will to give...I agree that certain companies should be privatized such as beer companys as well as several textile and commodity manufactures, will help expand the economy in the long run... the hodam agents will say and do anything to influence the government to sale it's primal assets... I dont think that would serve the ethiopian people well...
01/14/12 @ 15:45
Comment from: Dahlak [Visitor]
@ Amhara Princess & Ethiopian

You guys, what is this has to do with Eritrea, You people are nothing but morons and loosers and hate your low IQ, as i can't reason with you dogs.

"I got mine, don't worry about his" Lol....

well, the fittest shall survive !

Agazi women is telling you EFORT is Private, don't stick your nose in it, .....and she ain't joking....gebish...pretty soon she will take your underware out of your pant for a yard Sale,....ha..ha...Lol.
01/14/12 @ 18:49
Comment from: Be your self [Visitor]
*****
Fox I read all ya comment and am not happy about it,let let all start think this way ''not what my country did for me what i did for my country to make better in all direction ''may be our grand child wount see this chamful poverty that we achaimed in our daily life where ever we go if we do so
01/16/12 @ 00:38
Comment from: Mesfin B [Visitor]
To Dahlak,
last time I checked you, and the likes of you Hamasenes are standing on a line to sell your kidneys for the higher offer!!!!
If Agazi Whore is opening her big mouth there is nothing but a swarm of flies keeping their maggots in it!!!!!
01/16/12 @ 12:31
Comment from: Dahlak [Visitor]
@Mesfin the B_1tch

I don't/never like your comments always, and was not addressing it to you Moron # 1.


You are the seating maggot my friend...Lol!

Get a life .....mucho/catalyst !
01/17/12 @ 20:34
Comment from: jaddasusu [Visitor]
It should be understood and be known that under Zinawi's regime,there is no as such public ownership simply because anything and everything that is available below and above the lands,in Ethiopia has been controlled,run,and owned by Zinawi and the men and women who are surrounding him.To take care of the country's resources and the wealth of the citizens,what is really needed is,to completely remove Zinawi and replace the system he built for the last twenty years by the real democratic system so that we will be sure that the country and millions of Ethiopians are secured and protected.
01/18/12 @ 12:08

Comments are closed for this post.

May 2012
Sun Mon Tue Wed Thu Fri Sat
 << <   > >>
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    
nazret.com is the #1 rated Ethiopian website. Be part of the largest Ethiopian News website, join in to become a contributor.

Search

XML Feeds

advertisements

powered by b2evolution free blog software
© nazret.com The Most Popular Ethiopian Website. nazret is Ranked #1 by Alexa and Qantcast.
All Rights Reserved 1994-2009
About Us | Contact | Feedback | Help | Privacy | Terms and Conditions