Ethiopian News, Current Affairs and Opinion Forum
Dama
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Joined: 22 Jun 2024, 21:05

Abiy Ahmed is unstoppable in impoverishing Ethiopians

Post by Dama » 17 Jul 2026, 11:25

More IMF loans, more inflations and more taxes
https://www.facebook.com/share/r/18watKofW1/

Other lenders are taking him to court for failing to pay minimum monthly payment on his debts.


Dama
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Posts: 8966
Joined: 22 Jun 2024, 21:05

Re: Abiy Ahmed is unstoppable in impoverishing Ethiopians

Post by Dama » 19 Jul 2026, 15:50

Rent increases jacked up rents and many became homeless
https://www.facebook.com/share/r/18s3Yeko5g/

Dama
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Posts: 8966
Joined: 22 Jun 2024, 21:05

Re: Abiy Ahmed is unstoppable in impoverishing Ethiopians

Post by Dama » Yesterday, 07:33

Abiy Ahmed's Ethiopia ia tax and retribution hell
https://www.facebook.com/share/r/19MQfoZ9Jx/


Dama
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Posts: 8966
Joined: 22 Jun 2024, 21:05

Re: Abiy Ahmed is unstoppable in impoverishing Ethiopians

Post by Dama » Yesterday, 08:37

Buying a brand-new car in Ethiopia is extremely expensive due to heavy import taxes that can exceed 200%.

Brand-new or recent-model vehicles typically cost between ETB 5 million to 12+ million (approx. $85,000 to $200,000+ USD). Even relatively affordable, popular models often start well above ETB 3-4 million.

A breakdown of pricing for typical new vehicles in Addis Ababa:
Compact/Budget Vehicles: Brand-new compact cars and base models (like Suzuki or basic Hyundais) generally start around ETB 3.5 to 5.5 million.

Electric Vehicles (EVs): EVs have become massive in Ethiopia. New electric models such as the BYD Song Plus or BYD Sealion 06 often range from ETB 6.8 to 7.6 million.

SUVs and Trucks: Brand-new SUVs (like Toyota or Hyundai models) or pickup trucks usually run from ETB 7 million to 15+ million, depending on the model and engine size.Because of these high prices, many buyers rely on local automotive marketplaces or social networks to source directly imported or barely used foreign cars. You can explore active listings and get a sense of current market availability through platforms like Jiji Ethiopia or check verified postings on local aggregator networks like AfroMekina.

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