The Ministry of Trade & Industry has kept the retail price of all petroleum products at a constant level for March, except for aircraft fuel. The price of aircraft fuel increased by 10pc to 22.74 Br a litre. The prices of fuel for the rest were kept at the same levels to stabilise economic activity in the country. The government amended retail prices last November, raising gasoline to 19.69 Br a litre from 18.77 Br and Kerosene to 17.78 Br a litre from 16.35 Br. At a consumption rate of around 12.4 million litres a day, with gas oil taking the lion’s share, the nation spends billions of dollars in imports to meet the demand. Fuel is imported by the Ethiopian Petroleum Supply Enterprise, which distributes to 26 retailers that operate a total of over 800 fuel stations across the country.
February 27 , 2021
That Ethio telecom would remain in the hands of the state was never a sure deal. A ra...
February 20 , 2021
The late Prime Minister Meles Zenawi was in parliament in 2010, taking questions on h...
February 13 , 2021
What most spooked buyers owning a billion dollars of Ethiopia’s Eurobonds was not a...
February 6 , 2021
The feeling of helplessness; the confusion to understand what is unfolding; and the d...
February 13 , 2021 . By TADESSE TSEGAYE
In Arada, I stopped over by a hotel in front of Cinema Empire. I sat alone inside wit...
January 30 , 2021 . By FASIKA TADESSE
The Council of Ministers approved a regulation that will establish the Liability &...
January 16 , 2021
It was a sunny day on September 12, 1974. A machine gun mounted on top of a tank was...
January 3 , 2021 . By ABDUREZAK LESMAN
Women wearing netela, a white cotton garment with woven coloured borders, and men in...