Eritrean Air Force Graduates 250 Cadets Congratulations
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Vol 26. No. 27 Saturday, June 1, 2019 Pages 8, Price 2.00 NFA MESSAGES OF ERITREAN AIR FORCE GRADUATES 250 CADETS CONGRATULATIONS President of the Republic of South Africa, Cyril Ramaphosa, President of the Socialist Republic of Vietnam, Nguyen Phu Trong, and Prince of Malta Giacomo Dalla Torre, sent messages of congratulations to the people and Government of Eritrea in connection with the 28th Independence Day Anniversary. In their respective messages the leaders wished good health to President Isaias Afwerki as The Eritrean Air Force graduated theories and pilots for different held at the Air Force base in Eritrean Air Force, called on the well as peace and prosperity yesterday, 31 May 250 cadets on fighter aircrafts in the presence of Asmara, President Isaias handed out cadets to serve their people and to the Eritrean people. aircraft technology, air defense President Isaias Afwerki. certificates and Air Force armband to Government with commitment and missile and radar systems, aviation During the graduation ceremony the cadets. protect the skies of their country. The Minister of Foreign Affairs of Romania, Teodor Noting that the young trainees The cadets on their part expressed Melescanu, also sent similar ERITREAN NATIONALS ABROAD CELEBRATE will have significant contribution appreciation for the training they message of congratulations INDEPENDENCE DAY ANNIVERSARY in developing the capacity of the received and articulated commitment to the Minister of Foreign Air Force, Maj. General Teklai to diligently serve their country and Affairs of the State of Eritrea Eritrean nationals residing in Belgium, Norway, the United States and Zambia Habteselasie, Commander of the people. Mr. Osman Saleh. have enthusiastically celebrated the 28th Independence Day Anniversary under the theme “Resilience for Higher Progress”. At the celebratory event the nationals in Brussels commended the significant development Eritrea has so far registered and expressed readiness to play due WORKSHOP ON LABOR IN ERITREA part in the implementation of the national development programs. The National Confederation 1993 Eritrea despite the challenges of peace and cooperation between Noting that the new era of peace and cooperation in the Horn of Africa of Eritrean Workers (NCEW) in it has been facing has been playing Eritrea and Ethiopia. is mainly the result of the perseverance and sacrifice of the Eritrean people, cooperation with International due part by honoring the tripartite Mr. Negassi Kassa, Eritrean Ambassador to the European Union, said that Labor Organization (ILO) labor relations. Mr. Tekeste also Dr. Woldai Fitur, Head of effort will be enhanced to substantiate the achievement registered with public organized workshop on labor in said that a lot of experience has Investment Center, Mr. Woldyesus diplomacy activities. Eritrea under the theme “Future been gained in the past 26 years. Elisa, General Director of Labor Labor in Eritrea: Initiative of a at the Ministry of Labor and Likewise, the nationals in Trondheim, Norway, celebrated the 28th Century”. Discussion papers were Social welfare, and Ms. Waffa Independence Day anniversary featuring various activities portraying their presented focusing regional peace Abdelkader from the International attachment with their homeland and expressing their commitment to contribute Speaking during the opening for sustainable development, labor Labor Organization also gave to the success of the national development drive. event in which Ms. Leul Gebreab, opportunities and social justice, briefing on international labor Minster of Labor and Human national development programs, and its future, measures that In the same vein, nationals in the US cities of Tennessee, Nashville, and Welfare, and Dr. Weldai Fitur, Head investment on human resources should be taken to develop human Phoenix celebrated Independence Day Anniversary with fervor. The event of Investment Center took part, Mr. development, influence of resource in developing countries, highlighted artistic and cultural programs. Tekeste Baire, General Director globalization and technology on contribution of skilled labor as of the National Confederation of labor, opportunities and challenges well as challenges of countries in The nationals in Zambia also celebrated the 28th Independence Day Eritrean Workers, said that since in Eritrea as well as the prospect developing their human resource. Anniversary with various programs featuring their unity and attachment with their homeland. In related developments, Eritrean nationals in the US cities of Seattle, Los Angeles, Colombo, Dallas, Chicago and other cities celebrated the 28th Independence Day Anniversary with enthusiasm and patriotic zeal. The three day celebration held in Washington D.C in which a number of nationals took part featured seminars as well as artistic and cultural programs portraying their attachment with their homeland. Expressing expectation that the Eritrean people will repeat the heroic feat demonstrated during the armed struggle for independence and in safeguarding the national sovereignty, Mr. Berhane Gebrehiwet, Charge d’Affairs at the Eritrean Embassy, congratulated the people and Government of Eritrea as well as its Defense Forces. Likewise, Eritrean nationals in the Australian cities of Sydney, Perth and Adelaide celebrated the 28th Independence Day Anniversary under the theme “Resilience for Higher Progress”. Eritrea Profile, Saturday, June 1, 2019 Vol 26 . No 27 2 NICE makes Impressive Achievement kesete Ghebrehiwet (lead reinsurer). Munich Re to secure the succession plan on of 2020 to have 10% of our sales is now the biggest single time, and they are now working from life insurance. Risk management is the biggest reinsurance company in the on it to replace the long-serving Almost in all developed concern of any business entity. world, which underwrites around management with a young countries the premium obtained The ability to move forward 60 billion USD a year. workforce. from life insurance exceeds that or to discontinue an activity of the general insurance. Around depends mainly on managing NICE has made investments, According to Mr. Zeru Eritrea 75% of the premium comes from risk. Insurance companies help as a shareholder, in Lagos based has already been established as life insurance. “We have not yet businesses in dealing with threats Africa Reinsurance Corporation an international exam center for penetrated into life insurance as of loss. The National Insurance (Africa Re) founded by the the Chartered Insurance Institute envisaged but we are looking Corporation of Eritrea (NICE) African Union, Kenya based of London (CII). CII is one of forward to go to that line,” Mr. has been providing both life and Zep Re (PTA Reinsurance the well respected and highly Zeru noted. non-life insurance in Eritrea. Co.), which is founded by renowned chartered institutes in COMESA member states. It London which trains insurance In connection with the future NICE was established in April has also invested in New Sudan personnel. Hence, NICE trains plan of the Company Mr. Zeru Mr. Zeru Woldemichael 1992 under a proclamation to Reinsurance Company of South its staff to sit and to succeed affirms that medical insurance, establish the national insurance Sudan. Mr. Zeru Woldemichael, in the exams provided by the life insurance and pension corporation of Eritrea. Prior to NICE’s chief executive officer, the issue of aviation and mining Institute twice a year in April and insurance are the three areas its establishment as NICE, the said that NICE plays a big role insurance, which cover millions October. “Our aim is to achieve NICE envisions to penetrate and insurance company served as a as a board member in both Africa worth of property, NICE handles a chartered insurer’s level for develop. Northern branch of the Ethiopian Re and Zep Re while both the the risk by fostering connections our young people and we will Insurance Corporation. Since companies support NICE in with various worldwide be achieving it in the next few NICE has been making 1992, various insurance plans terms of strategic alignment. reinsurance companies and years. The young employees are amendments to memorandum and that include general insurance insurance brokers. hopefully the ones to run this articles of associations under the (non-life) and life insurance have Reinsurance companies that As regards the current status Company.” Mr. Zeru underlines. requirements of the commercial been introduced. NICE makes NICE works with are Munich of NICE, Mr. Zeru revealed that law and the recommendation reinsurance arrangements to Reinsurance Co. (Munich Re), the company has been making As regards the achievement of of the Bank of Eritrea. Its first ensure its sustainability. Africa Re, ZEP Re, Kenya Re, reasonable profit since its the Company, Mr. Zeru said they memorandum amendment was and East Africa Re. The company establishment. have been making reasonable made when it was privatized As part of extending its also works with a number of profit and the shareholders have in 2004. The memorandum scope of activities, NICE has brokers such as J.B Boda in NICE was privatized in 2004 been getting their dividend every of associations is amended penetrated international markets Mumbai, Jordans Global (Lagos), and a public offer of the shares year. The shareholders have been periodically whenever there is a and has connections with various and CK RE as well as Afro Asian was made by the Government earning an average of around need. reinsurers.