An Ethiopian supermarket reputed for serving expatriate and diplomatic community in the capital Addis Ababa is closing down its operations after close to 70 years after of service.
Ethiopia’s The Reporter newspaper quotes owner of Bambi’s supermarket as saying foreign exchange squeeze coupled with administrative bottlenecks were to blame for his decision.
According to Charalambos Tsimas, a Greek national who owns the supermarket, he has been waiting since March last year to get access to foreign currency for the importation of food stuffs which he provides mostly to his customers. […] CONTINUE READING
