Wednesday, February 21, 2024

Author Name

Elias Tegegn

Total Articles by the Author


Ethiopia plans to collect 3.4 Trillion Birr in tax revenues by 2030

Ethiopia’s government plans to increase its annual tax revenues by more than ten folds to 3.4 trillion birr by 2030, Planning and Development Commission announced.

Nation imports USD48 million worth of edible oil every month

The federal government spends USD48 million every month to import edible oil, underscoring the pressing need for import substitution, Ministry of Trade & Industry said.

Rights Commission calls for federal control of Metekel Zone

The Ethiopian Human Rights Commission (EHRC) called for the full control of federal security forces in Metekel Zone of the Benishangul-Gumuz region because the security situation is beyond the region’s capacity to control.

 Industry inputs enterprise concludes HQ design work

The Ethiopia Industrial Inputs Development Enterprise (EIIDE), which was re-established after dissolving the former Merchandise Wholesale & Import Trade Enterprise (MEWIT), concluded the design work for the construction of headquarters within its premises located near the African Union Headquarters.    

Equity increases balance sheet to USD 9.3 billion

Equity has become the first bank in Eastern and Central Africa to achieve a USD 9.3 billion balance sheet, after migrating Banque Commercial Du Congo (BCDC) to Equity’s core banking platform.