Ethiopia introduces electronic tax payment system
Jun 19, 2019 · One of the large tax payers in Ethiopia is Ethio Telecom, has used the e-tax system to pay 4.1 billion birr (…) in the first six months of Ethiopia’s fiscal year started July 8, 2018. “Out of this amount we paid 70% using the new electronic tax system,” said Asegid Ayele, chief financial officer of Ethio Telecom. In the past few years ...
New Business Ethiopia – Covering Business & Economy Since 2009
Ethio Telecom to boost revenue by 75 percent. IMF reduces cost of borrowing by 16 percent. British-backed network connects millions in Ethiopia. European Union Commissioner to visit Ethiopia, African Union. Eritrea to host Egypt, Somalia leaders. Strengthening capital markets in Guinea, Sierra Leone.
ሙስናን እንዴት እንከላከል – ኒው ቢዝነስ ኢትዮጵያ
Nov 21, 2022 · የስነ ምግባር መበልጸግ ሙስናን ለመከላከል አይነተኛ ሚና አለዉ፡፡ በዚህ አለም እንደ ሥነምግባር በመጥፎም ሆነ በጥሩ ለሀገርም ሆነ ለተቋማት ወሳኝ ነገር የለም፡፡ በአለም ላይ ያደጉ እና የለሙ ሀገሮች መሠረታቸው ...
Ethiopia fully digitalizes business registration, license renewal
Nov 25, 2022 · Fully digitalizing its business registration and license renewal system, the Ministry of Trade and Regional Integration of Ethiopia said it has provided online services for a total of 468, 383 businesses within the first four months of the current calendar year of Ethiopia started July 8, 2022. The Ministry stated that it has been working to ...
Awash Bank of Ethiopia tops private banks in profit, deposit
Dec 21, 2021 · At June 30, 2021 total deposit of Awash Bank stood at 108.1 billion Birr. “That was the highest deposit balance ever registered in our Bank as well as in the history of private banks in Ethiopia. The deposit balance grew by 33.81 billion Birr showing an increase of 46 percent in 2021 compared to the previous year,” Tsehay said.
New Commercial Code of Ethiopia’s implications
Apr 8, 2021 · Since 2019, the country has been working to update outdated codes, including the most recently adopted Commercial Code of Ethiopia, Proclamation No. 1243/2020 (the “New Code”). This repealed the Commercial Code of the Empire of Ethiopia Proclamation No. 166/1960 (the “Repealed Code”), which served the country for more than six decades.
Edible oil manufacturing, import market of Ethiopia
Jul 17, 2023 · According to data from the Ethiopian Ministry of Trade and Industry, the volume of edible oil imports in 2015/2016 was approximately 1.2 million metric tons. This increased to around 1.4 million metric tons in 2016/2017 and further rose to about 1.6 million metric tons in 2017/2018. Value of Edible Oil Imports.
Green Tech Ethiopia enters electric car market of Ethiopia
Feb 10, 2022 · With short term plan of importing 5,000 vehicles, Green Tech Ethiopia, a private company in Ethiopia, today introduced to Ethiopian market six models of imported rechargeable electric cars. Once fully recharged the cars can travel up to 320 kilometers, according to Mr. Tedros Tadesse, Communications head of Green Ethiopia. Indicating that the ...
Bottled water business in Ethiopia
Jun 11, 2023 · According to a report by ResearchAndMarkets, the bottled water market in Ethiopia is expected to grow at a CAGR of 12.71% during the forecast period 2021-2026. The report also states that the increasing population, along with the growing demand for safe and clean drinking water, is one of the major factors driving the growth of the bottled ...
Ethiopia introduces collateral free digital lending
Jan 12, 2022 · Cooperative Bank of Oromia (CBO) and Kifiya Financial Technologies today launched Michu, its first collateral free digital lending platform in Ethiopia that provide loan without collateral. The artificial intelligence based Michu platform will enable small and small businesses in Ethiopia to access loan without collateral from CBO digitally.