Everything increasing except wages’: inflation batters Ethiopia

“Everything is increasing except our wages,” Ethiopian porter Zerihun told AFP, summing up the financial crisis facing the Horn of Africa nation as it reels from skyrocketing inflation and an economic slowdown. After a decade of dynamic growth during the 2010s, Africa’s second most populous country has suffered multiple shocks, including the Covid-19 pandemic, a […]

from Daily Times https://ift.tt/aqEiRsJ