Two newspapers out of business
The new Ethiopian year doesn’t augur well for the private press. The rising printing price has caused the closing of two Amharic weeklies, Harambe and Raji. The printing price has gone up by 23 to 39 percents this past week. This is the second increase in three months time.
Even those papers that might manage to weather the storm have to raise the selling price. While Awra Amba Times has been asked for 5373 Birr more for the print of its fifteen thousand copies, Addis Neger has to pay fifteen thousand Birr more for its thirty thousand copies.
While some choose not to believe it, Berhanaselam printing press insists the rise is only related international market.