Wednesday, April 6, 2011

Bondzzz - Watch

Issued bonds for building Ze Dam are being sold to citizens in any means available.The attempt to secur a sale is made thru SMSing [so far] and also by outreaching the Ethiopians in the diaspora.This is in exception to those who are made to buy the bonds through the companies they work for.
  1. የደቡብ ክልል ባህል ቱሪዝምና ማስታወቂያ ቢሮና የክልሉ ርዕሰ መስተዳድር ጽህፈት ቤት ሠራተኞች የገንዘብ ቁጠባና ብድር ህብረት ስራ ማህበር ለሚሊኒየሙ ግድብ ግንባታ የ300 ሺ ብር ቦንድ መግዛቱን አስታወቀ፡፡
  2. የውሃ ሥራዎች ኮንስትራክሽን ድርጅትና መላው ሠራተኞች በዓባይ ወንዝ ላይ ለሚገነባው ታላቁ የሚሌኒዬም ግድብ ፕሮጀክት ማስፈጸሚያ ከአምስት ሚሊዮን ብር በላይ ሰጡ።
  3. የናሽናል ኦይል ኢትዮጵያና መላው የድርጅቱ ሰራተኞች በአባይ ወንዝ ላይ ለሚገነባው ታላቁ የሚሌኒዬም ግድብ ፕሮጀክት ማስፈጸሚያ 2 ሚሊዮን ብር በሚጠጋ ወጪ የመንግሥት ቦንድ መግዛታቸውን የድርጅቱ ዋና ስራ አስፈጻሚ አስታወቁ።
  4. በቤኒሻንጉል ጉሙዝ ክልል የሚገኙ የህዝብ ግንኙነት ባለሙያዎች ለሚሊኒየሙ ኃይል ማመንጫ ግድብ ማስፈጸሚያ የአንድ ወር ደመወዛቸውን ለመስጠት መስማማታቸውን የክልሉ መንግስት ኮሚዩኒኬኝን ጉዳዮች ጽህፈት ቤት ገለጸ፡፡
It has not even been a week since the foundation stone have been place yet it seems that a streamlined system has already been in place prior the inauguration ,which is just simply impressive and some thing that we would like to see in other sectors of development [Quick turn around and effectiveness].
But with all things considered it is unlikely possible to avoid thinking that the Nile dam project is not a persuasive evil of some sort used to build a personal capital.

I don't want to think that, seriously I dont.


  1. Challenging, not to think that way. It just pop out of their mind in a sudden.
    The dam will definitely benefit us in the future, if we have peace agreement with Egypt and Sudan. It would have been more smooth and safe if the government reach on agreement with Sudan and Egypt about this specific dam. The government would have been allowed for credit from world bank..bla bla. It is too harsh to start demanding investment with the current situation of the country(the poverty). Now, the government needs more money...local banks will be forced to offer credit to the government...This for sure drains the local banks and they will be forced to deny any credit requests from private investors...
    They have gone to far with this optimistic idea, in building the dam with their own money.

  2. I am really in favour of building the dam ,its economical and political benefit and the fact and attempt to envolve citizens to contribute to pay for the project.How ever I feel there could have been another viable alternatives of making giving the ownership to the people by coming up with the capital for the intial phase of construction or even for the entire project may be through funds and loans and later after completion ,this could have been presented to the people to take the intiative of taking ownership of the Dam by paying off the debt as an integral responsible society

  3. When Meles push something hard, I will be more suspicious than ever.I feel he is not telling us the real reason why he choose this time and why he wants to take all the political, financial and other risks associated with the project like Eritrea-Egypt attack.He should have strong hidden agenda than 'for Ethiopia'.
    Naod B.

  4. I think every Ethiopian is in favor of building the Dam and willing to take the risk of disputing with Egypt from wht is observed in the public opinion. Then again, we are not sure wht the public opinion is since the gov't media is over propagating the public opinion in its favor. I also agree with እሚ's suspicion since tht's wht boggling my mind too. however, we don't seem to have any choice than giving wht the gov't is demanding(in authoritarian manner); praying tht they will put the mobilized fund for the intended purposes.
    Now let me feel the form tht is forwarded from our management to buy the Bond.