ethiox.com
ethiox.com
Donate!
web hosting service
SELECT command denied to user 'kcgvincw_fusion1'@'localhost' for table 'fusion_site_links'
Latest Links

  


  


  


  


  

Search

Enter Keywords:


Ethiopia police arrests over 30 over price hike
NewsEthiopia police arrests over 30 over price hike

APA-Addis Abeba APA-Addis Abeba (Ethiopia) Ethiopian police have arrested over 30 traders for allegedly making a 600 percent increase on the price of salt on the market.

The wholesale traders were arrested at the weekend while attempting to stock the commodity so as to make it scarce on the market.

One kilogram of salt was on sale in Addis Ababa for 10 Birr (one USD) up from 1 Birr and 25 cents over night.


Ethiopian Federal Police accused the arrested people for trying to make salt scarcity in the country, which has a huge salt resource.

Ethiopian Ministry of Trade and Industry said will act in collaboration with the police against the "illegal" traders.

It is the first time that government was taking such a tough stance against traders who make high profits on basic food commodities.



posted on 0 Comments · 2509 Reads · Print
Comments
No Comments have been Posted.
Post Comment
Please Login to Post a Comment.
Ratings
Rating is available to Members only.

Please login or register to vote.

No Ratings have been Posted.
Special Links

Login
Username

Password



Not a member yet?
Click here to register.

Forgotten your password?
Request a new one here.
Latest Articles
Ethiopia(ጋ&#48...
Manipulating Aid
An Ethiopian Scholar...
Somali Investment in...
Message from Maakelawi
Search

Enter Keywords: