Bambis to close shop after 67 years in  the Ethiopian market
Bambis Supermarket – one of the oldest serving supermarkets in Addis Ababa– is on verge of shutting down its operations due to mounting frustrations caused by hard currency shortage and administrative hurdle.

Bambis to close shop after 67 years in business in Ethiopia

Charalambos N. Tsimas (best known as Bambis), a Greek national and owner/manager of the supermarket, said that he has been continuously humiliated by government officials.

 He spoke of his frustrations which is compounded by the recent severe shortage of hard currency. He said he has been waiting since March last year to get access to foreign currency for the importation of foodstuff which he provides mostly to his expatriate customer base. “We serve diplomatic communities and I can’t say I don’t have rice or table salt. It’s humiliating”.

In addition, he further highlighted issues regarding the procedures and follow-up activities of the Food, Medicine and Health Care Administration and Control Authority (FMHACA) and his recent problem with the authority regarding the importation of pasta and juice products to the country.

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