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Ethiopia police arrests over 30 over price hike
NewsEthiopia police arrests over 30 over price hike

APA-Addis Abeba APA-Addis Abeba (Ethiopia) Ethiopian police have arrested over 30 traders for allegedly making a 600 percent increase on the price of salt on the market.

The wholesale traders were arrested at the weekend while attempting to stock the commodity so as to make it scarce on the market.

One kilogram of salt was on sale in Addis Ababa for 10 Birr (one USD) up from 1 Birr and 25 cents over night.

Ethiopian Federal Police accused the arrested people for trying to make salt scarcity in the country, which has a huge salt resource.

Ethiopian Ministry of Trade and Industry said will act in collaboration with the police against the "illegal" traders.

It is the first time that government was taking such a tough stance against traders who make high profits on basic food commodities.

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