Controband trade in Ethiopia – New Business Ethiopia

Ethiopian customs seizes $7 million illegal goods in one month

December 12, 2020December 12, 2020newbusinessethiopianews

Ethiopian Customs Commission has seized over 268 million Birr (about $7 million) worth contraband goods from illegal traders in one month.

Ethiopia secures $680 million cracking contraband network

June 25, 2020NBE

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).

Ethiopia secures $4.6 billion from tax

March 15, 2019March 15, 2019NBE

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 captures 7 kg gold, $1.5 million dollar from smugglers

February 6, 2019February 6, 2019

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.

Global e-commerce sales surges to $29 trillion

Ethiopia captures $10 million smuggled cash

July 23, 2018July 23, 2018

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

Why sponsoring money laundering dram in Ethiopia is nonsense

Why sponsoring money laundering drama in Ethiopia is nonsense

June 13, 2018June 13, 2018

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.