INFLATION FURNACE


INFLATION FURNACE

Around Qera, a man cracks up a tiny bonfire in a spirited attempt to render the metallic wires malleable for reuse. Metal scraps became prized inputs after the Ministry of Mines ordered local steel manufacturers to source inputs from domestic markets as they bemoaned forex shortages. While the price of imported steel has relatively stabilised over the past year due to contraband flooding the market, most construction projects are in limbo due to an orientation towards tight monetary policy. Local steel manufacturers who require significant inputs for their production are working at a quarter of their capacity amid the cocktail of challenges.


In-Picture

SOULFUL SIDEWALKS

A row of seats and plastic water bottles await followers of the Islamic faith for preparatory 'Udu' proceedings around the Bethel area. The closely parked minibus taxis and shops right across also await customers on the cloudy Thursday afternoon. An aesthetic reformation ambitiously being pursued by the City administration will see fewer and fewer cars on the street as parking permits become part of the urban automobile experience. Ample walking and cycling space is p...


In-Picture

ARCHITECTING APOLOGUES

A string of snags stretch hundreds of meters alongside the old Ethiopian Broadcasting Corporation headquarters. The fresh paint of the building being renovated to house the country's first securities trading floor echoes the spirit of a city high-strung between galloping change and dying customs. Peeking from behind is the row of headquarters for the country's biggest commercial banks towering over a modest landscape. Perhaps emblematic of a financial sector critiqued most recently by the centra...


In-Picture

FOOTBALL FERVOR

Fans of Arbaminch Kenema, one of the contenders in the premier league, have gathered in a jubilant atmosphere around the Arat Kilo area. Ethiopia boasts a rich footballing heritage and has been a trailblazer in international competition in Africa, with its inaugural international match dating back to 1947. Despite the fervent support from a sizable fan base, the national team's performance on the pitch has often left much to be desired. In search of solace and excitement, many football enthu...


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