Monday, September 25, 2023

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Ethiopia orders 1.5 million passports to clear citizen backlog

New Director vows to clear 300,000+ passport application backlog within a year The Ethiopian Immigration Service (EIS) has placed the country's largest passport order in...

Ethiopia’s bond market poised for transformation with new trading platform

IFC, Authority partnership to birth Ethiopia’s secondary bond market Ethiopia's bond market is at a turning point as authorities prepare to introduce a new secondary...

African Development Bank Group – AfDB debars Ethiopian firm and its chairperson for fraudulent practices

The African Development Bank Group (AfDB) has announced the 15-month debarment of Beza Consulting Engineers PLC and its Chairperson and General Manager, Gidey Gebregzibher,...

Fed promises minimum wage, income tax reform

Prime Minister Abiy Ahmed (PhD) has given the go-ahead for amendments to income tax and the implementation of a minimum wage—groundbreaking decisions for the...

Gov’t to remove paper tariffs to end textbook crisis

The Council of Minister’s waives customs duties on imported paper for textbooks, aiming to address the challenges faced by local printing industries due to the new curriculum. Ethiopian Investment Holding (EIH) is also entering joint venture to establish mass printing factory within the country, with the goal of ending book imports.

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