Saris Market in Addis Ababa closed on 1 January after its traders were notified on 25 December to leave their stalls within five days. The closure of the market in Kebele 55, one of the biggest in the southern part of the capital, came six days before the Ethiopian Christmas.

The closure is to facilitate the building of a 4,500 sqm modern market centre at a estimated cost of Br 56 million. Designed by Ultimate Consulting Architects and Engineers, construction is scheduled to begin on 8 January and is expected to be finished within two years.

Although many of the former market