Ministry Rolls Out Fuel Price Adjustments

May 6 , 2023


[ssba-buttons]

The retail fuel price saw an increase as the Ministry of Trade & Regional Integration announced a new tariff last week. The price of kerosene has been adjusted to 67 Br a litre; gasoline is sold for 61.29 Br and diesel for 67.3 Br while the international price has picked up at 58 Br, 71 Br and 67 Br, respectively. The subsidy price of gasoline which had previously been 17.22 Br, will increase to 25.47 Br while diesel will increase from 22.68 Br to 26.26 Br per litre. Officials say the tariff increase will not be applied to transportation. The mandatory cashless transaction that began last week was announced by the Ministry of Transport & Logistics over a month ago. The Minister, Alemu Sime (PhD), said the payment is integrated with a fuel relocation and allocation system in service outlets across the country. The nationwide operation is set to unfold in the coming week.


Radar

US Renews National Emergency, Sanctions on Ethiopia

The United States has extended the national emergency and sanctions on Ethiopia for another year under the African Growth & Opportunity Act (AGOA). Signed by President Donald J. Trump, the measure was first declared on September 17, 2021, through an executive order citing the conflict in northern region of the country as an "unusual and extraordinary" threat to U.S. national security and foreign policy. The extension, effective until September 17, 2026, keeps in place restrictions targeti...


Radar

Rockefeller Pitches Clean Cooking to Curb School Meal Emissions

A recent study has revealed the staggering environmental toll of school feeding programs. A single school serving 400 students can burn through the equivalent of 56 hectares of forest each year to fuel cooking. The Rockefeller Foundation flagged the health risks too, with most cooks, predominantly women, breathing smoke levels ten times higher than the World Health Organisation's safe limit. "If every school meal transitioned to clean cooking with electricity and solar, the emissions saved wo...


Radar

Sun-Powered Grid Brings Light to Qunbi District

A new 600KW solar mini-grid in East Hararge'sQunbi district has connected 2,200 households to electricity, marking a milestone in the recent rural electrification push. Ethiopian Electric Utility (EEU) laid seven kilometres of medium-voltage and 10 kilometres of low-voltage lines, installing four transformers to reach communities long cut off from power. Customers cover only meter and installation costs before accessing the service. The project is part of the national strategy to expand energ...