New Business Ethiopia

Customs Commission of Ethiopia has secured 23.52 billion birr (about $680 million at current exchange rate) by capturing goods from people engaged in illegal trading (contraband traders).

Ethiopian Ministry of Revenue collected over 130.7 billion birr ($4.6 billion) during the first eight months of Ethiopian budget year started July 8, 2018.

Ethiopia police and army capture seven kilograms of gold and over one million dollars of hard currency from smugglers trying to take out of the country.

The Federal Police of Ethiopia has captured $10 million while trying to be smuggled out of the country.

By Col. Jamal Ahmed [OPINION] – Last night on the state broadcaster, Ethiopian Television, I saw an commercial kind of short drama sponsored by a certain agency established to fight financial crimes in Ethiopia. It was about how people are engaged in money laundering and setup legal businesses using stolen cash and their relatives.