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Aug 1 , 2026.
Before the city's workday begins, dozens of lessors and tenants converge at the Nifas Silk Lafto District Woreda 6 Bureau around Mauritius Street to renew lease agreements that have lapsed after two years. Some began waiting as early as 4:00 AM, hoping an early arrival would shorten a process that has already demanded hours of waiting. Under the newly introduced framework, rent increments are capped at 11.25pc, a ceiling determined to balance adjustments for lessors while easing the burden on tenants. Some sit on the cobblestones reviewing documents, others stand guarding their place in line, all seeking to complete the renewal process.
PUBLISHED ON
Aug 01,2026 [ VOL
27 , NO
1370]
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