TOTTERING TOWERS


TOTTERING TOWERS

  A hurried renovation transpires on a conjoined pair of small buildings around the Mercato area. Many old buildings in the vast marketplace are remnants of shops built by Yemeni merchants who relocated from the old Arada area in the 1930s. The area has a thriving informal sector economy from which thousands earn daily bread. According to studies by the Centre for International Private Enterprise, nearly one-sixth of Ethiopia's urban employment is in the informal sector. Some studies have estimated the size of the informal economy in the country to be as high as a third of the GDP.


In-Picture

FERTILE FANCIES

A corrugated tin fence is painted over with greenery and trees around Arat Kilo as the corridor development project snaking through the neighbourhood nears its end. The high fences have become ubiquitous across Addis Ababa, hielding locations incompatible with the city's reimagined aesthetic. Mayor Adanech Abiebe revealed two weeks ago that the ambitious project tallied up to around 33 billion Br with meticulous spending.The project, closely overseen by Prime Minister Abiy Ahmed (PhD), is review...


In-Picture

RESTING PAINS

A road sign around the Bole area is used to hang wet mats after being knocked down during recent rennovations. While traffic accidents showed a positive trend in the first half of the year, decreasing by 532 to 23,280 incidents, here was a 54pc increase in third-party insurance claims due to property damages. The spike in the cost of spare parts for vehicles is partly to blame for the uptake of insurance claims to 689 million Br. Authorities have ramped up penalties on drivers over the past two...


In-Picture

PERILOUS PROFESSIONS

A street vendor is offering mats with kaleidoscopic designs around the Gofa neighbourhood. The thousands of agile vendors scattered about the capital conduct their businesses, evading the watchful eye and whipping baton of the Code Enforcement Authority. As the Addis Abeba City Administration looks to either register and extract taxes from the network of informal businessmen or remove them from the streets, a daily cat-and-mouse spectacle unfolds in the capital. Estimates place the size of the u...


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