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

COIN CONQUEST

The dashboard of the Mexico-to-Qera taxi is not just for navigating streets but a mini-museum of world history. Coins featuring rulers from across the globe rest here, each a tiny testament to a leader's reign. The tradition of placing a ruler's portrait on coins dates back to the Kingdom of Aksum (around 270 CE), which encompassed parts of modern-day Ethiopia and Eritrea...


In-Picture

TREASURE HUNT

Children search for sellable scrap metal in a demolition site around the Qera area. They usually sell the metals which were once a support material for the building columns for a meagre sum and use the money to pay for a sleeping compartment at night. Where development leaves its mark, they navigate the remains...


In-Picture

SARIS SPINS

Business is booming at bike shops in the Saris Adey Abeba area. A city-wide corridor development project, built with over 33 billion Br, has brought brand new bike lanes, making cycling an alternative transport option. But watch out pedestrians—the City Administration is enforcing fines starting from 150 Br for walking on the lane, as part of an awareness creation method that sparked interesting online debates...


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