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.
October 16 , 2021
For many, the past rainy season was a critical moment in the life of the nation. One...
October 9 , 2021
Public offices have been having a field day in the past few years. From the Prime Min...
October 2 , 2021
Ethiopia`s Parliament will pick up a Prime Minister on Monday, October 4, 2021. The i...
September 26 , 2021
There are two editions of The Economist on Africa influenced by the narrative on the...
October 16 , 2021 . By HAWI DADHI
Residing in a country with no capital market, an organised marketplace for trading se...
August 28 , 2021 . By HAWI DADHI
The streets of Addis Abeba are as varied as they are many, although too many of them have yet to be named. From the narrow alleyways of the...
August 7 , 2021
There are a few without an opinion on Ethiopia’s federal structure, which is arranged along lingo-cultu...
July 24 , 2021
There was an alarming increase in the price of Teffin August 2017. It suddenly skyrocketed from 2,000 Br...
