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Tadesse Haile, State Minister Of Trade And Industry, Ambassador Raffaele de.Latio of Italy and Berhane Deressa ,care taker Mayor of A.A. inaugurating O Logo's real estate activities
Anbessa bus proposes 75pc increase on fares By Tedla Yeneakal
The management of Anbessa City Bus Enterprise has submitted a proposal to the Ministry of Finance and Economic Development, to look into its subsidy formula,as well as enable it to raise the current fare on buses by 75%, sources disclosed to Capital .
General Manager of the Enterprise , Haileleule Tadesse told Capital that subsidies have been declining in the past few years but refused to comment on the proposal made to increase the existing bus fares in the city by 75%.
According to informed sources, the need to increase the bus fares came about after the current oil price increase, which has put pressure on the enterprise, coupled with the subsidy cutoff to the enterprise by more than 50%. The current Ethiopian year's subsidy of 18.9 million birr is insufficient to run the company.
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How Ethiopian values differed part- 3 |
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Professor Richard Pankhurst is the son of Miss Sylvia Pankhurst, the great British suffragette and advocate of Ethiopia during and after Fascist Italy’s occupation of Ethiopia. Professor Pankhurst taught for many years at Addis Ababa University and has written widely on Ethiopian history and culture. He is also the founder of Addis Ababa University’s Institute of Ethiopian Studies and a founding member of the Axum Obelisk Return Committee and the Association for the Return of the MaqdalaEthiopian Treasures (AFROMET)
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CAPITAL' s 1998 TOP 50 Survey Don't miss out from sending in your choices on Capitals' readers survey of the Best of 1998 EC. With Capital 50 categories, this is the most extensive survey ever. Click Here |
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