By Tekolla Yeshewalul

I read with tremendous fascination and enthusiasm the article captioned "Why ADLI became no more appealing", which appeared on your esteemed paper of Saturday, 20 March 2010. As it may be recalled, the article was written in response to a similar article previously published in your paper on the same subject.

By Charles Tannock

 Two decades ago, Ethiopia was a Cold War battlefield. On the ideological map of the world, it was a Soviet territory, a land of famine, dictatorship, and civil war. But, with the overthrow of Mengistu Haile-Mariam’s Marxist-Leninist dictatorship in 1991, Ethiopia began to transform itself. Today, it ranks among the five fastest-growing economies in the world, and is a bastion of regional stability.

 

It was reported last November that over 40 tons of gold deposits, estimated to be worth $1.7 billion was discovered in two places in western Ethiopia. That report also indicated that a British and a Saudi Arabian companies were the discoverers of these deposits. That is welcome news to Ethiopia at a time when gold seems to be the only safe bulwark against inflation and its price keeps soaring to new heights everyday in stock exchanges around the world.