tax incentives – New Business Ethiopia

Foreign direct investment turns to foreign direct exploitation

October 3, 2019October 3, 2019 newbusinessethiopia Africa, direct exploitation, double taxation, FDI, foreign direct investment, Kenya, tax incentives

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 Africa, Ethiopia tax incentives, tax holidays, tax incentives, UNECA

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 newbusinessethiopia duty free import, Ethiopia, IMF, tax incentives, tax revenue

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 newbusinessethiopia duty free, Ethiopia, export earnings, tax incentives

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 newbusinessethiopia bank loan without collateral, environmental damage, Ethiopia, fake biofuel investments, Investment, Panama Papers, Paradise papers, shelf companies, shell companies, tax incentives

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

Investment

The fruits of doggy investments in Ethiopia for decades [OPINION]

May 1, 2018May 1, 2018 newbusinessethiopia doggy investments, Ethiopia, export, export earnings, foreign investors, Investment, joint ventures, loan without collateral, local investors, tax incentives

By Hawa Mohammed – I rarely watch the state television in Ethiopia for the reasons I can’t tell you now. But

Manufacturing

Return tax incentives or export Ethiopia warns agro-processors

May 9, 2016May 1, 2018 newbusinessethiopia agro-processing, Ethiopia, Ethiopian Government, export, Manufacturing, tax incentives

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