Economy
Urgent Decision Requested Over Sheger Bread Shortage in Addis Ababa
The Reporter (Amharic) · 4 hours ago · Read the Full Story on The Reporter (Amharic)
AI SUMMARY
The Addis Ababa Trade Bureau announced that a decision regarding the Sheger Bread shortage will be reached this week following discussions between the city administration and the MIDROC Investment Group board.
- The Addis Ababa Trade Bureau requested an urgent decision on the Sheger Bread shortage during its first-quarter fiscal year 2019 E.C. plan evaluation.
- Sub-city trade offices reported that Sheger Bread supplies are intermittent and insufficient to meet the rising demand caused by high free-market bread prices.
- Free-market 70-gram bread is sold for up to 15 birr, whereas Sheger Bread remains priced at 5 birr.
- The manufacturer requested a price adjustment due to losses caused by rising flour and raw material costs.
- Sheger Bread continues to be supplied to schools and the Mekedonia Home for the Elderly and Mentally Disabled without interruption.
- Addis Ababa Mayor Adanech Abiebie and the MIDROC Investment Group board are in talks to finalize a decision on the matter this week.
- During the quarter, nearly 4 million quintals of agricultural products were supplied through government and weekend markets, and 54,000 quintals of sugar were distributed.
- The Bureau inspected over 53,000 business entities, identified 11,165 violators, and returned 9,421 to legal compliance.
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