Ethiopia importers – New Business Ethiopia

Crime

Ethiopia jails 105 traders for tax fraud

UPDATED– The Revenue Ministry of Ethiopia today announces arresting 105 traders suspected of tax fraud amounting 14 billion birr (about $496.5 million). Most are importers and wholesalers.

Politics

Historic AU building in Ethiopia gets additional plot

December 7, 2019December 7, 2019 newbusinessethiopia Comments Off

The Addis Ababa City Administration of Ethiopia signed agreement with the UN Economic Commission for Africa (ECA) on Friday granting the latter some 3,000 square meters of land around ECA compound.

German MP urges Ethiopia to avoid deadly unrest after election

December 3, 2019December 5, 2019 newbusinessethiopia Comments Off

Five regional parties joined Ethiopia’s ruling coalition

December 2, 2019December 2, 2019 newbusinessethiopia Comments Off

Economy

French agency boss launches a book in Ethiopia

December 6, 2019December 6, 2019 newbusinessethiopia Comments Off

Calling for a new mindset to reconcile differences at every stage of the society across the world, a new book by Remy Rioux, CEO of Agence Francaise De Development (AFD) entitled, “Reconciliations”, is launched today in Addis Ababa, Ethiopia.

International conference to address Ethiopia’s pressing challenges

December 5, 2019December 5, 2019 newbusinessethiopia Comments Off

Germany funds Ethiopia’s homegrown economic reform

December 2, 2019December 2, 2019 newbusinessethiopia Comments Off

Finance

Ethiopia’s Nib bank makes 928 million birr profit

December 7, 2019December 7, 2019 newbusinessethiopia Comments Off

Nib International Bank Share Company, one of the private banks in Ethiopia announces gross profit of 928 million birr (close $30 million), which is 269 million birr up compared to the previous year.