Radar | Oct 31,2022
Addis Abeba came to a standstill when cars were forced to pay for petrol using digital technology rather than cash last week. Several technologies started offering their services to facilitate cashless transactions with the state-owned Telebirr taking the major share. However, public discontent and confusion were visible as cars queued for hours. Authorities contend it is part of the reformation to materialise digital transactions, arguing that it will regulate the distribution and reduce wasted amounts. The unexpected decision caused a slew of issues. The new method appears to be difficult for novice users, while others were unable to make payments due to system failure. Fuel providers observed decreased sales as the concept of making cashless service necessary is lost on legal experts who believe that customers have the right to get service in cash.
You can read the full story here
PUBLISHED ON
Apr 29,2023 [ VOL
24 , NO
1200]
Radar | Oct 31,2022
Fortune News | May 02,2020
Radar | Nov 16,2019
Sponsored Contents | May 03,2022
Fortune News | Jan 16,2021
Commentaries | Feb 12,2022
Radar | Mar 25,2023
Radar | Dec 04,2021
Radar | Oct 15,2022
Radar | Nov 27,2021
Dec 22 , 2024 . By TIZITA SHEWAFERAW
Charged with transforming colossal state-owned enterprises into modern and competitiv...
Aug 18 , 2024 . By AKSAH ITALO
Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...
Jul 28 , 2024 . By TIZITA SHEWAFERAW
Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...
Jul 13 , 2024 . By AKSAH ITALO
Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...
Jan 18 , 2025
Adanech Abebie, the mayor of Addis Abeba, addressed last week a warm-up session for h...
A severe cash shortage squeezes the economy, and the deposit-to-loan ratio has slumpe...
Jan 4 , 2025
Time seldom passes without prompting reflection, and the dawn of 2025 should nudge Et...
Dec 28 , 2024
On a flight between Juba and Addis Abeba, Stefan Dercon, a professor of economic poli...