Djibouti port fees will fuel inflation: Ethiopia

Dec. 12 Uncategorized no comments

Written by Reuters

ADDIS ABABA. Dec. 12, 2008 (Reuters) – The revival of a plan by Djibouti to charge Ethiopia an extra $22.5 million a year in port tariffs will push up inflation in the land-locked country, a senior Ethiopian business leader said on Friday.DJ

Ethiopia pays $700 million annually in port fees to the tiny Red Sea state, which has been its main gateway for imports and exports since it lost the ports of Assab and Massawa when Eritrea won its independence in 1991. Read more →

The spirit is in the air

Dec. 09 NEWS no comments

December 9, 2008

Leaders of the opposition Andinet presiding over a public meeting in Addis

KINIJIT

A cloud of despair has been hanging over the country since the 2005 elections were stolen by the ruling party in power. You call home and ask how is it going? The answer is pretty much about the same: nothing has changed much. Read more →

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