tax incentives – New Business Ethiopia

Foreign direct investment turns to foreign direct exploitation

October 3, 2019October 3, 2019 60 ViewsAfrica, direct exploitation, double taxation, FDI, foreign direct investment, Kenya, tax incentives 0 min read

Africa is being exploited by foreign multinational companies in the name of attracting foreign direct investment, which in reality if

Finance

Africa advised to abandon tax holidays for investors

March 20, 2019March 20, 2019 NBE 67 ViewsAfrica, Ethiopia tax incentives, tax holidays, tax incentives, UNECA 2 min read

Chief Macroeconomist at the UN Economic Commission for Africa (UNECA), Adam Elhiraika, who is co-author of the 2019 Economic Report on Africa, advices African countries to abandon tax holidays for investors.

Finance

Ethiopia provides $2.4 billion tax incentive for investors

January 29, 2019February 22, 2019 78 Viewsduty free import, Ethiopia, IMF, tax incentives, tax revenue 1 min read

As part of investment incentive, the Ethiopian Ministry of Revenue has provided duty free import privilege of 65 billion birr

Trade

Why Ethiopia’s export income declines while incentives increase

November 8, 2018December 31, 2018 75 Viewsduty free, Ethiopia, export earnings, tax incentives 4 min read

By Andualem Sisay Gessesse – while the value of Ethiopian government’s incentives for investors have been increasing over the past

Investment

Why Ethiopia needs to investigate fake biofuel investments

May 9, 2018May 10, 2018 47 Viewsbank loan without collateral, environmental damage, Ethiopia, fake biofuel investments, Investment, Panama Papers, Paradise papers, shelf companies, shell companies, tax incentives 16 min read

In Summary – In 2007 Ethiopia introduced biofuel development strategy. Not long after, the non-oil producing country began promoting the

Manufacturing

Return tax incentives or export Ethiopia warns agro-processors

May 9, 2016May 1, 2018 56 Viewsagro-processing, Ethiopia, Ethiopian Government, export, Manufacturing, tax incentives 2 min read

By Andualem Sisay Gessesse – The Ethiopian government vows to force tax incentive beneficiary manufacturing companies return the tax incentives