House approves Diaspora involvement in finance sector
The House of People’s Representatives (HPR) has approved a new bill that seeks to amend the existing Banking Business Proclamation to provide for the participation of Ethiopians in the Diaspora in the domestic financial sector a couple of years after a controversial campaign by the National Bank of Ethiopia (NBE) thoroughly purged any member of the diaspora from the country’s financial sector.
Newly formed customs police to train officers
The recently established customs law enforcement entity, theFederal Custom Commission, has sent around 1,410 new recruitsto the Federal Police to receive trainings before their deployment to all custom stations across the nation, The Reporter has learnt.
Ministry reorganizes tax collection operation
The Ministry of Revenue (MoR) has officially declared it has set up a new wing named – The Office for Partnership on Tax Equity – to serveas a regulatory bodyfor the overall tax collection system, aimed at improving the ailing tax collection system of Ethiopia.
Key institutions get new appointments
Following the newly enforced restructurings of government institutions under the executive branch, appointments of officials by the Prime Minister continues to reach key institutions.
ERCA tightens border control
The Ethiopian Revenues and Customs Authority (ERCA) said it has tightened security control in all its custom stations in a bid to control the illegal flow of foreign currency out of the country.
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A home away from home
As Rastafari around the world join Ethiopia in commemorating the 1896 victory at the Battle of Adwa, the repatriated community in Shashemene received news that the government is now ready to begin the process of granting permanent residence to those with valid passports
“Massive” cyber attack crashes African Union’s system
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Finance minister reveals USD 20 billion required for war recovery
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