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Ambo, Coca to pay half bln birr in fines

Following months of legal wrangling, the Administrative Tribunal with the Ethiopian Trade Practices and Consumers Protection Authority, presiding over the illegal merger case between Ambo Mineral Water PLC and the East African Bottling Company, ruled Wednesday against the duo, leading to their paying at least half a billion birr in penalty fees, The Reporter has learnt.

10 dead in Ambo clashes

As Prime Minister Hailemariam Dessalegn addressed parliament Thursday on his first appearance before the body this current session, Ambo, a town 120km west of Addis Ababa, was rocked by violence, leaving 10 dead and 23 injured in its wake.