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Gondar goes thirsty, tap run dry for months
Residents of Gondar city are hit with a critical shortage of water, as the city runs out of options to provide tap water to...
“I would rather starve here”
With hills surrounding north Gondar and the wet season in full gear, it would be difficult for anyone to reside in the cold, chilling...
Hotels to see duty free shops in lobbies
Hotels with a four stars and above will be eligible to have duty free shops at their premises, once the new customs regulation is...
Gov’t temporarily exempts baby formula milk from VAT
Importers of baby formula milk are not required to pay value added tax (VAT) following a new temporary exemption rule placed by authorities at...
Wage increases fetch broader smiles amongst bankers
The recent news that executives of banks are conveying to their employees is not short of a pleasant surprise in times of increasing living...
Parties advise arming public for own safety
- Political parties based in Oromia reject the proposal - PM reveals severe sacrifices, scarce number of police forces
Political parties urge the government...
Fuel price increase troubles fuel dealers, oil companies
Fuel dealers are in a pickle due to a shortage of working capital as gas retail prices increased by 29 percent for benzene and...
Lifting fuel subsidy entails inflation, relieves gov’t
The government's long-running fuel subsidy is about to come to an end. After months of planning, the federal government recently started to gradually remove...
Ethiopia quarantines two individuals suspected of Monkeypox
Two individuals with complexity of symptoms have been quarantined after being suspected of the new outbreak, Monkeypox, in Ethiopia. The first cases of the...
Franco Valuta: a bitter pill to swallow on top of unending macroeconomic woes
In April 2021, the government of Ethiopia introduced a new rule to allow Franco-Valuta imports of essential food commodities without foreign exchange permits. It...
