Ethiopian Ministry of Labor and Skills has begun detailed assessments on the damages of enterprises resulting from the conflict in the northern part of the country, with the severity of the damages to be disclosed as soon as assessments are finalized.
According to the Ministry, the damage is unknown. As a result, the Ministry has formed and sent a team to look into the matter. “We are carrying out an extensive investigation on the damages after which we will provide the necessary assistance required following the analysis,” explained Muferiat Kamil, Minister of Labor and Skill.
As the Ministry said, based on the assessment enterprises will get different supports to re-build their businesses.
The Ministry is working to bring the government, private sector, development partners, and young people together to ensure that all young people are either in education, training, or in employment by 2030.
The Ministry of Labor and Skills has also organized a forum to connect the Ethiopian Diasporas that came home following the Prime Minister’s call to bloom entrepreneurs.
Speaking at the ceremony, Muferiat indicated that the government is conducting different efforts to support the sector including preparing policy. And the Ministry in its part is working with different stake holders and government organizations to develop the sector.
The Diaspora Tech Homecoming: Entrepreneur Pitch and B2B connecting event which was held on January 13, 2022 at Friendship Park with the presence of higher government officials brought together 50 plus selected startups who attended the program briefing participants on their product and service.
In her opening remarks, the Minister of Labor and Skills underlined that it is important to encourage entrepreneurs and keep them engaged. During the ceremony novice entrepreneurs were exposed to potential investors and Diaspora from various countries. Similarly, the Diaspora, esteemed ministers and guests from various institutions visited the works of the youth.
Ministry vows to back afflicted SMEs
ECAA sees rejuvenation in leadership
Ethiopian Civil Aviation Authority (ECAA) sees shift in leadership as three top leaders get appointed. Hiwot Mossisa has been assigned to represent Ethiopia on the international aviation organization that is under UN. Successor to the founding head of Ethiopian Maritime Authority (EMA) and the sector guru has also been replaced.
Late this week the Office of the Prime Minister has announced the assignment of two new top leaders for ECAA. While sources said that the assignment of additional leaders is expected. Besides that EMA has got a new head after almost a decade and half, while the assignment of new representative at the global aviation stage shall be disclosed in the coming days.
ECAA
As per the new post that Prime Minister Abiy Ahmed has given to Getachew Mengiste, who previously represented Ethiopia at the International Civil Aviation Organization (ICAO) based in Montreal, Canada, sees Getachew becoming Director General of ECAA succeeding Wosenyeleh Hunegnaw (Col).
Mengistu Nigussie, who was serving ECAA under the air space management position, was also assigned to the position of Deputy Director General leading the Air Navigation sector.
Sources told Capital that the assignment of another Deputy Director General for Aviation Regulation at ECAA is expected. According to sources, despite the name of third officials not being revealed as of yet, sources opine that the authority will consider gender parity on the matter.
Wosenyeleh (Col), who was a former technician at Ethiopian Air Force, served at the top position for 14 years. His service duration is the longest ever for the post at the authority.
He told Capital that there are problems and weaknesses everywhere but on his leadership the authority enabled to register several successes.
“In my view for the past 14 years without a single day leave, I provided the required effort the country demanded from me,” Wosenyeleh (Col) says, “When i was in leadership, we have tirelessly worked to make the authority internationally well recognized to which ICAO and other local and international partners acknowledge, the same.”
He said that during his leadership, ECAA has achieved highest ICAO audit results that most African countries were unable to attain.
Aviation sector experts told Capital that the former Director General was successful in capacity building, training and producing new professionals, while there are claims in related with salary and benefit, which is beyond his power.
“I shall give my testimony that Wosenyeleh (Col) achieved in terms of increasing the number of air traffic controllers, and the authority has been highly engaged on capacity building and trainings,” one of the sector observers told Capital.
The new Director General, Getachew, served as State Minister of Transport before he was assigned for international representation. Experts said that Getachew, who is the 21st leader of ECAA, is the right selection for the post since he has ample knowhow about the sector. “When he was at the Ministry of Transport he was responsible to look after ECAA and for the last five years he was at ICAO,” they underlined stamping their stand highlighting how the person is perfect for the position.
Zayed Woldegabriel, former head of Ethiopian Roads Authority (ERA), was ICAO representative in Canada before he was called to face corruption charge during Prime Minister Hailemariam Desalegn reign.
Mengistu replaced Shimeles Kibreab, who left the authority about five months ago because of age.
The unknown third official is expected to fill the vacant post of Aviation Regulation at ECAA. Sources said that Fenta Olana (Col), was assigned on the post on his return from the US. “About six months ago Fenta (Col), who served on the deputy head position for about a year, has returned to the US,” sources said.
Popular figures including former President Giram Woldgiorgis has led ECAA. Before Wosenyeleh (Col) Tefera Mekonnen, and Mesfin Fikru, who are now serving on senior positions at the continental aviation body had led ECAA from 2001 to 2005 and from 2005 to 2009 respectively.
ECAA basically provides air navigation, inspection and certification of aircraft, airports, airlines and aviation professionals. The objective of the authority is to ensure safe and reliable air transport service in Ethiopia.
It was recalled that a couple of weeks ago Hiwot was replaced by Misganu Arega as CEO of Ethio Engineering Group (EEG), which is part of the infamous and defunct Metal and Engineering Corporation. Now she is expected to fill the space left by Getachew.
Hiwot, who also served as civil engineer at Ethiopian Airport Enterprise when it was under ECAA, has served at senior position in ERA before she was assigned as founding head of Ethiopian Toll Roads Enterprise. On her last career, she served as State Minister of Transport and CEO of EEG.
Ethiopian Airport Enterprise that is under Ethiopian Airlines Group since July 2017 was under ECAA before it was established as a separate public enterprises about 2002.
Hiwot told Capital that it is early to state details.
EMA
On Friday the PM has also given another appointment to the Ethiopian Maritime Authority (EMA). As per that Yehualaeshet Jemere, former State Minister of Transport (MoT), has become the second Director General for EMA to fill the vacant position that was left by the founding head and maritime sector guru, Mekonnen Abera.
Mekonnen, is known for the big role he has played from the inception to the re-establishment of the government regulatory body for the maritime industry that was dissolved after the fall of Derg. The Marine TransPort Authority regulatory services was dissolved and transferred to different offices like Ministry of Transport and Ministry of Trade, while the study that Mekonnen and others were involved in showed that a relevant regulatory body will be required to govern the sector despite the country being landlocked.
Based on that EMA was established in 2007 by Proclamation No. 549/2007 and Mekonnen was assigned to undertake the formation and leadership responsibility and he led the regulatory body for 14 years.
He told Capital he resigned from the responsibility about three months ago. Mekonnen who started his career on the logistics sector at the former Maritime Transit Service that he served up to marketing manager service has had a career that has spanned 35 years in the sector. “Privately I will continue providing my service in the sector that I specialized in,” he said.
Besides playing a leading role to form EMA Mekonnen is stated as a prior actor for the formation of dry port and multimodal services, while those who know his role said that he contributed heavily to form the Ethiopian Shipping and Logistics Services Enterprise with the amalgamation of four public logistics enterprises.
When he was State Minister at MoT Yehualshet was responsible to regulate the activity of EMA and ECAA besides other responsibilities.
Yehualshet has also served as Deputy CEO and Rail Network Division Head at Ethiopian Railways Corporation.
RECOGNIZING EVIL-FINAL
Why is modern human’s collective good will and deeds end up, for the most part, unfulfilled and systemically frustrated by those very ones consciously placed to facilitate their lively and virtuous expressions? We admit, the question sounds simplistic and might well be an overwhelming generalization of our myriad conditions. Nevertheless, one has to brave such reflections if one is desirous of understanding current societies’ monolithic and we might add, dangerous trajectory. Various historic systems suggest it is our inherent goodness, however circumscribed, (particularly in light of the man-eat-man social order) that can be relied upon to serve as unfaltering beacon (lightening unknown outliers) in our relentless pursuit to achieve a more harmonious collective social order!
Our considered opinion as well as emotional inclination is to assign the lion’s share of the blame (in these incessantly failing projects—to desired fulfillment) to those whose very makeup makes them inherently antagonistic to almost all concerted efforts towards the betterment of the general human condition. Again, the operating word here is ‘betterment.’ It is utilized in the direction of a more benevolent/altruistic and sustainable social order that tries to bring relative peace and stability across the world, despite the oppressive domination of chronically manipulative and materialistically fixated base that underlies it. At this point, it is wise to interject the crucial reminder; modern humans’ achievements are, literally speaking, results of cheap energy, mostly from non-renewable sources. Going back to the above main problematique, namely the recognition and avoidance of evil, we believe the whole endeavor to salvage humanity from it all, must start by tapping recent scientific findings in modern psychology/medicine, particularly in regards to the abnormal behaviors of global psychopathic and sociopathic rules.
Certain individuals ruthlessly crave to capture and retain power, at whatever expense (amply demonstrable in all modern setups). This seems to be the main underlying problem of all organized criminality, whether applied to aspects of social or material management! Oblivious to the grave danger of enabling such individuals to assume power as well as responsibility, modern societies were and still are made to pay dear price, both in lives and resource destructions. To these individuals, power doesn’t come with responsibility, but only with privileges, privileges to unleash their demented nature on all and sundry. Unless we are willing to understand the very nature of these flawed characters, we will end up repeating the same old mistakes again and again. In this regard, we can mention individuals whose names connote pure evil and unimaginable atrocities, like Hitler, etc. The many modern infrastructures, physical or otherwise, built by humanity to better its general condition, have been used (by such sick individuals) as essential tools for the continuous manipulation of the easily confusable sheeple (the human mass)! To be sure, the ultimate objectives of these psychopaths/sociopaths are (if one desires to delve into their abnormal thinking) the continuous gaming of collective humanity in whatever sadistic endeavors they deliriously want to engage in. These creatures are, in their cores, evil, anti-human and anti-life!
What are some of the tools these sickos use against the gullible and largely benevolent humanity? To start with, they know the average sheeple is always scared of change, however inevitable change is. Obviously, and speaking from the viewpoint of rationality, the whole belief in unchanging scenario is absolutely ridiculous. Ridiculous as it is, it is this salient sentiment of stability, which seems to avail us a semblance of endurance and anchor, in an otherwise fluidly temporal world. Without this rather irrational conviction, the effort of engaging in wholesome societal projects (that can outlast generations) will be rendered farfetched and untenable, rationally speaking! Be that as it may, humanity’s scums of the earth (psychopaths/sociopaths) keep on relying (amongst other things) on the inherent weakness of human’s fear-of-change! Psychopaths are quite aware of this predicament and are ever ready to leverage this primordial failing of ours to the various evil deeds/ends they keep on concocting. These criminally inclined characters pose and present themselves as ‘white knights’ to save humanity from the ‘evil of change’! They falsely insinuate the capacity to keep everything unchanged, appeasing the ever-frightful sheeple. Not that they will ever deliver steady-state static phenomenon, far from it; but they keep leveraging the lie till thy kingdom comes, only to secure power. Psychopaths’ vision of life is obsessive domination tinted with parochial inclinations that are of temporal duration. The ultimate high for these sickos is riding immediate prevailing power, without the consideration of long-term consequences, however devastating these consequences are/might be to collective humanity (anti life)!
The sheeple’s desire is to instinctively secure the future, (the imperative of procreation), while the sickos want to capture the moment. That is why they unashamedly and continuously lie, as if there is no tomorrow. Sure enough, there is no tomorrow as far as they are concerned, but unfortunately the gullible sheeple seem to keep on falling for their dead-end schemes. Some manipulative systems (corporates, political entities, etc.) as well as individuals think of psychopaths as ‘useful idiots’, ‘iron hammers’, etc. to be used and abused for various dirty works of machinations, political or otherwise. Humanity, cautiously but soberly, must become acutely aware of these rare individuals and their dangerous attitudes, which are detrimental to all lives. The earlier we recognize and deal with them the better our chance of (relatively) increased survival. Admitted or not, all political entities do have such characters embedded within their membership. Hence, they must be carefully identified and eliminated, not only from core leadership, but also from the rank and file! Warnings; by proposing outlandish lies, these characters tend to portray knowledge and act knowledgeable, compared to those forthright leaders that are willing to tell difficult truth. As an example, one can compare and contrast the administration of President Carter with the actor-turned president, Ronald Reagan.
Don’t forget, the global status quo, or the more powerful core of this amalgam, namely the “deep state’, is infested with people proven to have psychopathic/sociopathic tendencies. The deep state is essentially anchored on the philosophy/principles of these destructive anti human behaviors. To recall our definition; the deep state is the military-intelligence-industrial-banking-media-complex of the strong states. In its (deep state) core essence, the above concatenation can be translated to power-money-lies. To us, this is where (almost all) the major problems of current humanity lie!
Managing risk: NBE to establish risk based internal audit for insurers
National Bank of Ethiopia (NBE) is going to introduce risk based internal audit (RBIA) for insurers to enhance companies’ soundness. It has also issued a similar directive for banks in the current fiscal year.
According to the information that Capital obtained from NBE, the central bank has been engaged on gathering input from insurers in regard to the upcoming RBIA directive from late last year.
Belay Tulu, Insurance Supervision Directorate Director at NBE, few weeks ago told Capital that NBE has been taking a feedback from stakeholders on the draft directive. He added that further discussion shall be undertaken with sector actors before issuing the directive.
Pundits in the insurance industry told Capital that the draft directive that was sent from the regulatory body is more or less similar with that issued for banks in August last year.
The risk based internal audit directive no. SBB/76/2020 that became effective as of August 24, 2021 on its preamble stated that; it is supplemental to the risk based supervision, enhances soundness of the banking system, and improves the effectiveness of internal control system and enhances corporate governance of a bank.
It added that there is a need to have an internal audit function that not only independently ensures accuracy, reliability, timeliness and completeness of transactions as well as financial and operational information, but also compliance with accounting principles, directives, policies, procedures, relevant laws and efficiency and effectiveness of resources used.
The directive enforces banks to adopt risk based internal audit methodology “and ensure that its importance is understood throughout the bank.”
It has also impose banks to establish independent internal audit function that is directly responsible to the board on all matters related to the performance of its mandate; with sufficient authority as well as structure and staffing commensurate the size and complexity of the company.
Insurance presidents that Capital spoke to about the issue said that such a directive shall be crucial for banks since insurers are already using the scheme by themselves for the sake of existence in the business and prudent operation.
A senior insurance president who leads one of the oldest private insurance firms said that for the last over two decades the company he leads applied strong internal audit, “I hope other insurance companies have similar procedure since the business and its operation by default demands strong controlling mechanism.”
“We reviewed the draft and submitted our input, while it shall differ on terms or wording of what we are doing now,” another long established and most profitable insurance company president told Capital.
Belay told Capital that the directive will be in effect soon.