
Viewpoints | Jan 11,2020
The end of Lent season brings a rude awakening for consumers visiting eateries, such as Andinet Butchery, having one of its branches close to Gabon Street, near the Beqlo B'et area. Restaurants like it, popular for serving raw meat dishes, have been preparing for the post-fasting season uptick, upgrading their interiors and the aesthetics to draw in customers. To the dismay of regulars, prices have jumped by up to 40pc since the Christmas season, making their offerings hard to swallow.
Depending on the restaurant's standard, a kilo of meat, from goats or bulls, goes between 400 and 1,100 Br. Neither inflation nor a price uptick for the non-fasting season after religious holidays is anything but unfamiliar. But now, foodstuffs such as milk, eggs and meat are leaping out of what the average household can afford in a country where the GDP per capita is only a little over 1,000 dollars. It is hard to blame the restaurants or butcheries as a supply shock has been creeping up. Critical among these is the food the cattle themselves consume. Feed prices have gone up along with costs for inputs such as wheat and processed soybean. Newer challenges are supply disruptions in the Borena Zone of the Oromia Regional State due to the devastating drought in the southern and eastern parts of the country. The civil war in the north and the militarized conflicts in other parts of the country have disrupted supply chains.
There are also age-old structural issues, where the supply chain includes a bunch of intermediaries that add little to no value but often take a significant cut that is then passed on to end-users. Novel and the most rapacious among these are “gangs” that collect fees from transporters to Addis Abeba, the biggest market. According to the Ethiopian Livestock Traders Association, the cost of transporting bulls has grown more than three-fold, the number of cattle supplied in the Easter market was significantly lower than before.
Experts believe that the problem goes deeper, pointing to an underdeveloped marketing system, poor livestock breeding, disease incidence and unavailability of feed. Tibs (stir-fried beef) and raw meat delicacies could get harder to swallow.
You can read the full story here
PUBLISHED ON
Apr 30,2022 [ VOL
23 , NO
1148]
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
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...
May 21 , 2022
There was a great deal of handshaking and patting each other on the back at the Hyatt...
May 14 , 2022
Diana Yohannes is one of those actively engaging in social media platforms with her T...
May 7 , 2022
The Ethiopian Economic Association (EEA) recently proposed the formation of a macroec...
April 30 , 2022
There is no ambiguity in the UNDP's assessment of Ethiopia’s economic performance a...
Put your comments here