Wednesday, November 12, 2025
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Easter festivity

Local instability has dragged down the holiday market which was recovering from the pandemic hit after a year. Being a holiday season in the form of Easter and Ramadan the market is expected to increase because of perceived increase in demand against shortage in commodity.
In Ethiopia, where more than half of the population is assumed to be following the orthodox faith, Easter is welcomed after an eight week of fast for most. Moreover, Easter is one of the major holidays that Ethiopians celebrate. On Easter eve, Christian-Ethiopians participate in hours-long church service that ends around 3 a.m. on Sunday, after which they break their fast.
It is always a familiar sight to see the markets full to the brim during the last days of the holiday. However this time round most of the consumers seem to be complaining about the prices of commodities. Furthermore, the traders themselves are complaining that the market condition has escalated above proportion.
The food items price spike continues to be a headache to majority of the population. In most of the huge markets in the city as Capital has observed the market is showing no signs of price decrease. Both food items and non-food items are shooting in price as supply of the commodity is showing shortage. Also there are instances of high shake over in terms of the Price of vegetables and grains including Teff, and other necessities which has lasted over a month which has financial burdened the population.
When consumers’ on one end complain about the price in the market, traders on the other end reply that the country’s situation and instability has resulted in the hike of commodities.
Mostly cattle, butter, eggs and chicken come to the city from various parts of the country, mainly from Harar, Gojjam, Arbaminch and Jimma. However, as result of uprising conflicts in the country have made traders to fear to move from place to place thus the price of some products are increasing with double and some showing some significant increment.
Kera, Akaki, Shegole, Bercheko are the largest cattle markets receiving cattle from different parts of the country, mainly from Harar, Wellega, Bahirdar, Jimma, Gonder and Wolayita among others. Usually, sale of livestock inside the center reflects significant seasonal variations on demand and supply.
In Kera, the largest cattle market in the city, traders informed Capital that the price of Cattle is showing a 4000 up to 8000 birr price increase compare to the last year, The supply of cattle comes from far and wide from the likes of Harar, Wellega, Bahirdar, Jimma, Gonder and Wolayita mostly used for the celebration. According to the traders, usually, the price is based on the type, size and origin of the cattle. “Recent unrest in some parts of the country has made it difficult to receive cattle from parts of the country. And on the last two days of the holiday the price is expected to be raised even more,” expressed one trader in an interview.
In other parts of the city at the shola market traders are selling an egg for 5.50 to 6.00 birr which was 3.50 to 5.00 birr last year, whereas a chicken would set consumers back between 470-650 birr based on their size which was between 300 birr to 500 birr last year. “Last year COVID had decreased the demand of chicken since people did not show much interest to buy cattle like they used to buy,” said on cattle seller at Kera and Shola. The other necessary commodity which is butter is ranging from 450-580, which was 250 birr and 320 birr last Easter.
According to the central statics agency, Headline inflation in the month of March, 2021 has recorded 20.2 percent increase. Most of the components of Food index showed increase as compared to similar months last year where food items recorded 22.6 percent increase in March 2021 as compared to the one observed in December 2020 whereas non-food items stood at 17.1 percent.
Bread and Cereals by 29.7 percent, Meat 11.9 percent, Fish and Seafood by 41 percent, Milk, Cheese and Eggs 32.8 percent, Oil and Fats 22.1 percent, Fruits by 6.4 percent, Vegetables and Pulses, Potatoes and Tubers by 16.1 percent, Sugar, Honey and Chocolate declined by 14.5 percent, Other Food Products and spices by 16.8 percent and Non-Alcoholic beverages and Coffee by 19.6 percent, were recorded.
This means that during the coming festive season, consumers will have to dig a bit deeper than before to have a wholesome festive season.
With regards to overall inflation, Cereal prices have continued to increase in the current month which has been a great contributor for the rise of food inflation. In addition, Vegetables and Pulses types have registered an increase in their price in the current month.
On the other hand, the continued surge in the prices of edible Oil, Spices (Pepper), Fruits, Vegetables, Potatoes, and coffee during the current month has similarly played a pivotal role in increasing the rate of inflation.

The annual inflation rate showed an increase in the current month since prices were relatively lower in the same month last year. The Non-Food inflation showed rapid growth rate of 18.9 percent in March 2021 as compared to the one observed in March 2020. The rise in Non-food Inflation is mainly due to rise in the prices of Alcohol and Tobacco, Stimulants (Chat), Clothing and Footwear, Housing Repair and Maintenance (Cement and Corrugated Iron sheets), and Energy (Firewood and Charcoal), Medical care, Transport (fuel) and Jewelry (Gold). Inflation based on comparison of Current vs. Last month at Country Level (month-on-month) in general CPI for March 2021 has showed an increase of 2.9 Percent as compared to the preceding month. The monthly inflation rate measures the price change between the two latest months. Although up to date, it can be affected by seasonal and other short term effects.
Addis Ababa City Trade Bureau announced that distribution activities are underway to make basic consumer products accessible to the public through Easter and Eid Al-Fitr holidays. Addis Ababa City Trade Bureau Head, Abdulfatah Youssef, toured the sub-cities where consumer cooperatives are preparing for the upcoming Eid and Eid Al-Fitr festivities. Consumer cooperatives in various sub-cities have also provided oil, sugar, teff, wheat flour, eggs, butter and various agricultural and industrial products.

India’s COVID Tsunami

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The number of infections in India surpassed 17 million in recent days, and the official death toll now exceeds 190,000. How did everything go so wrong so soon after India recovered from the first wave of the pandemic last year, resumed normal life and economic activity, and started exporting vaccines?

By SHASHI THAROOR
It is humbling when a columnist must retract his words soon after penning them. Just two months ago, after India rushed millions of doses of COVID-19 vaccines to over 60 countries, I praised the country’s “vaccine diplomacy.” India’s aspirations to be recognized as a global power had been given a real boost. Now, with more than 300,000 new cases a day and the death toll evidently much higher than reported, India is no one’s idea of a global leader. In my own defense, I was worried that India had exported three times as many vaccines as it had administered domestically. The country was clearly lagging behind its own target of immunizing 400 million people by August, after vaccinating some three million healthcare workers in a campaign that began only on January 16. “[M]ounting concern about rising case numbers, the emergence of COVID-19 variants that may not respond to existing vaccines, and an economy that has not yet fully recovered,” I noted, “will intensify the challenge India confronts in fulfilling its obligations to developing countries while also meeting domestic demand.”
At the time, I did not realize the scale of the challenge. The number of infections surpassed 17 million in recent days, and the official death toll now exceeds 190,000. Hospital beds are now overflowing, oxygen supplies have dwindled, vaccination centers have run out of doses, and pharmacies are unable to meet the demand for antivirals. India is reeling.
How did everything go so wrong so soon after India recovered from the first wave of the pandemic last year, resumed normal life and economic activity, and started exporting vaccines? The list of errors is long.
Begin with symbolism over substance. On national television, Prime Minister Narendra Modi urged Indians to bang plates together. Two weeks later, he instructed them to light lamps at a specific moment. Superstition replaced science-based policies in confronting the pandemic.
Modi also enlisted Hindu nationalism in the fight against COVID-19. Just as the epic Mahabharata war was won in 18 days, he claimed, India would win the war against the coronavirus in 21 days. At no point was this based on anything more than wishful thinking.
Another error was ignoring the World Health Organization’s advice. From the start of the crisis, the WHO recommended a containment strategy that required testing, contact tracing, isolation, and treatment. While a handful of states, like Kerala (which recorded India’s first COVID-19 case on January 30, 2020), initially implemented such measures successfully, the Modi government’s ham-handed response resulted in their uneven application in several states.
Then there was over-centralization. From the first nationwide lockdown, announced by Modi in March 2020 with less than four hours’ notice, the central government managed the pandemic under obscure provisions of the Epidemic Diseases Act and the Disaster Management Act, which allowed it to ride roughshod over India’s federal structure. Instead of delegating India’s 28 state governments the authority to design strategies tailored to local conditions, the central government tried to manage COVID-19 by decree from Delhi, with calamitous results.
And, no surprise, the initial lockdown was mismanaged. State governments, the public, and even central government officials were caught unprepared. Chaos resulted, with some 30 million migrant workers, stranded without work in cities, forced to walk home, sometimes for days. It is estimated that 198 people died along the way. Some five million micro and small enterprises closed, unable to recover from the shutdown. India’s unemployment reached the highest levels ever recorded.
As the crisis began to slip out of control, the central government, following then-US President Donald Trump’s precedent, passed off more and more responsibilities to state governments, without adequate funding. The state governments struggled to mobilize doctors, nurses, health workers, testing kits, personal protective equipment, hospital beds, ventilators, oxygen cylinders, and medicines to fight the pandemic. The government mobilized a huge amount of funds for a new relief entity called “PM-CARES,” but to this day there is no public accounting of how much money is in the opaque PM-CARES Fund and where its resources have been allocated.
When the pandemic seemed to have waned, the authorities settled into complacency, taking no precautions or preventive measures against a possible second wave that many warned could be more devastating than the first. Testing, tracking, and isolation of infected people and their contacts fell rapidly into disuse by the end of 2020. And just when people stopped following appropriate behavioral guidelines, the virus evolved an extremely infectious variant. Super-spreader events proliferated: election rallies and religious festivals packed together unmasked throngs. The contagion raged.
Although India produces 60% of the world’s vaccines, the government took no steps to scale up production of the two COVID-19 vaccines cleared for manufacture in the country. Nor did it permit the import of foreign vaccines, help expand available manufacturing facilities, or license other Indian firms to produce doses. India launched its vaccination drive nearly two months after the United Kingdom, but by April, only 37% of health workers, and barely 1.3% of India’s 1.4 billion people, had been fully vaccinated. Only 8% had received at least one vaccine shot.
Here, too, the authorities initially bet on centralization, and its refusal to grant emergency-use approval to vaccines from abroad led to a nationwide shortage of vaccines by mid-April. It was only at this point that the government delegated the vaccine roll-out to state governments and public and private hospitals and permitted the import of vaccines approved by the United States, the UK, the European Union, Russia, and Japan. Even then, the central government failed to distribute vaccines equitably to the various states, resulting in some of the worst-affected (like opposition-ruled Maharashtra and Kerala) running short of vaccines as cases peaked.
Like India’s government, I was prematurely self-congratulatory about the country’s vaccine diplomacy. At a time when Indians were unable to access the vaccines that might have protected them, India’s “Vaccine Maitri” program was not smart, but hubristic. Global leadership must begin at home, and today home is a country whose mortuaries, graveyards, and crematoria are running out of space.

Shashi Tharoor, a former UN under-secretary-general and former Indian Minister of State for External Affairs and Minister of State for Human Resource Development, is an MP for the Indian National Congress. He is the author of Pax Indica: India and the World of the 21st Century.

Meiraf Assefa

Name: Meiraf Assefa

Education: Diploma

Company name: Adonay Tibeb

Title: Owner

Founded in: 2011

What it does: make different cultural cloths

HQ: Bole, Around Atlas

Number of employees: 5

Startup Capital: 20,000 birr

Current capital: Growing

Reasons for starting the business: Interest to promote our cultural cloths

Biggest perk of ownership: Passion to the business

Biggest strength: Facing challenges bravely

Biggest challenging: Satisfying people

Plan: To highly promote our cultural cloths

First career: Different small businesses

Most interested in meeting: Tsegaye Gebremedhin

Most admired person: My family

Stress reducer: Going away from the city

Favorite past time: Reading

Favorite book: Historical books

Favorite destination: Historical places

Favorite automobile: Jaguar

Fasil Ketema just short of a point to snatch BetKing EPL trophy

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Fasil Ketema is just a point short of its first ever Ethiopian Premier League title. Back in top form Mujib Kasim is breathing hot behind leading top scorer Ethiopia Bunna’s Abubaker Naser.
“The Emperors” 2-1 victory over bottom of the table Adama Ketema on Wednesday extended their lead at the top to 15 points and their nearest pursuers Ethiopia Bunna couldn’t get the win they needed to keep the title race alive.
With four matches still to play Seyoum Kebede’s side is to bring the BetKing Championship trophy to Gondor for the very first time in the club’s history. Only one defeat and four draws in twenty matches, Fasil deservedly to take aloft the coveted championship trophy as the most consistent side in the 2021 league season. Scoring 35 goals means the side is next only to Ethiopia Bunna with 36 while conceding only twelve that is next to Hadiya-Hossana.
In the meantime Fasil’s goal machine Mujib Kasim recovered in time to catch up with runaway leading top scorer Abubaker Naser. Mujib scored in the past four consecutive matches thus his goal tally reached 19 that is just three short of Abubaker. Twelve goals into his name Giorgis marksman Getaneh Kebede is trailing third from afar.
A goal less draw with AbaJifar on Wednesday Ethiopia Bunna stayed second with 34 points from 19 matches, while St George slipped down to fourth after the shocking 2-1 defeat at the hands of Wolayta-Dicha.