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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.

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HOOF TRAFFIC

At Qera abattoir on Alexander Pushkin Street, traffic doesn't just slow down, it negotiates. A full-blown procession of cattle takes over the asphalt, turning the city road into an impromptu grazing corridor where horns replace honks and hooves set the pace of movement. Traders flank the herd with practiced ease, guiding the animals through the urban maze as buses, trucks, and impatient cars wait their turn like polite spectators in a countryside parade that somehow wandered into the city's bloo...


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CARE BENCHMARK

Bethesda American Medical Plaza has reached a historic milestone, becoming the first hospital in Ethiopia to secure accreditation from the Joint Commission International (JCI). The recognition was unveiled during its first anniversary celebration held at the Skylight Hotel on June 28, 2026. The event also featured a guided tour of the hospital's facilities, where senior officials and guests examined patient rooms and service areas. During the visit, Ayele Teshome (MD), CEO of Bethesda American M...


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FUTURE ANCHOR

Rising behind the Skylight Hotel, the Ethiopian Airlines headquarters project is gradually taking shape as a multi-building complex designed to consolidate corporate, commercial, and customer operations under one hub. Developed by the China Civil Engineering Construction Corporation (CCECC), the development spans 33,560 square metres and comprises six interconnected buildings. Construction commenced in August 2023, with completion targeted for August 2026. As the deadline approaches, the site re...