Is It Causing Business to Slow Down in Addis Ababa?
Over a million city dwellers are taking money out of their meagre monthly salaries hoping to soon own a condominium house. Over the past six months, 4.1 billion birr has been mobilized through the program. Although saving often leads to investment, it has forced house-seekers in Addis Ababa to prioritize and cut spending. This is contributing to a stall of business in the Capital writes Berihun Mekonnen, EBR Staff Writer.