ANALYSIS: LAKE TANA: HOW AN INVASIVE WEED IS THREATENING ITS SURVIVAL

Yihun D. (PhD) and Wondwossen T. (PhD), for Addis Standard Addis Abeba, Oct. 23/2017 – Lake Tana is the largest lake in Ethiopia and the second largest in Africa. In recognition of the lake’s rich biodiversity and significant cultural heritage, UNESCO added the lake to its World Network of Biosphere Reserves in June 2015. Lake Tana covers an…

Currency devaluation raises fuel price hike fears

The recent currency devaluation introduced by the National Bank of Ethiopia (NBE) is feared that is will lead to an increase in the price of petroleum products. The central bank announced 15-percent devaluation of the Birr against the Dollar, which is effective October 11. By adjusting the official exchange rate, the government anticipates encouraging exporters…

Ethiopia Restricts the Use of Expensive Cars by Government Officials

Following the issuance of a directive by the Ethiopian government to introduce cost-cutting measures at government agencies, the Office of the Prime Minister early August came up with another directive restricting the use of high-powered vehicles by high-level Ethiopian officials, including ministers. A letter issued two weeks ago and signed by Alemayehu Tegenu, state minister…

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