Ethiopians struggle with bitter pill of currency reform …C0NTINUE READING HERE >>>
Ethiopians are struggling after currency reform sparked rising prices.
Photo: Amanuel Sileshi / AFP
Source: AFP
In a small fashion store in Ethiopia’s capital, Medanit Woldegebriel’s dresses have almost doubled in price in the past two months, sending customers fleeing.
“Business is slow,” admits a downhearted Woldegebriel, whose shop in the sprawling Merkato market of Addis Ababa imports clothes from Turkey and the United Arab Emirates.
On July 30, Ethiopia took the painful decision to…
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