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By BEHAK Multimedia – Business & Investment Stories Since 2009

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tax incentives

Foreign direct investment turns to foreign direct exploitation
Investment 

Foreign direct investment turns to foreign direct exploitation

October 3, 2019October 3, 2019 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

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Africa advised to abandon tax holidays for investors
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.

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Ethiopia provides $2.4 billion tax incentive for investors
Finance 

Ethiopia provides $2.4 billion tax incentive for investors

January 29, 2019February 22, 2019 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

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Why Ethiopia’s export income declines while incentives increase
Trade 

Why Ethiopia’s export income declines while incentives increase

November 8, 2018December 31, 2018 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

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Why Ethiopia needs to investigate fake biofuel investments
Investment 

Why Ethiopia needs to investigate fake biofuel investments

May 9, 2018May 10, 2018 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

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

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

May 1, 2018May 1, 2018 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

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Return tax incentives or export Ethiopia warns agro-processors
Manufacturing 

Return tax incentives or export Ethiopia warns agro-processors

May 9, 2016May 1, 2018 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

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Construction

New factory to solve cement shortage in Ethiopia
Construction 

New factory to solve cement shortage in Ethiopia

February 26, 2021February 26, 2021 gessesse

A new cement factory under construction with 7,000 metric tons of production capacity per day is set to solve the

Price Watch points to construction sector key driver of growth
Construction 

Price Watch points to construction sector key driver of growth

February 25, 2021 gessesse
$456 million asphalt roads to connect Ethiopia with neighbors
Construction 

$456 million asphalt roads to connect Ethiopia with neighbors

February 3, 2021February 3, 2021 newbusinessethiopianews
Butajira City infrastructure investment paying off
Construction 

Butajira City infrastructure investment paying off

February 2, 2021February 3, 2021 newbusinessethiopianews

Oil & Gas

Ethiopia launches study to process natural gas
Oil & Gas 

Ethiopia launches study to process natural gas

April 28, 2020April 28, 2020

The Government of Ethiopia has awarded a yearlong study to a United States company to realize conversion of its natural

Ethiopia reveals more info on petroleum test production
Oil & Gas 

Ethiopia reveals more info on petroleum test production

February 11, 2020February 12, 2020 NBE
Ethiopia begins selling its gas produce in local market
Oil & Gas 

Ethiopia begins selling its gas produce in local market

February 4, 2020February 6, 2020 NBE
South Sudan invites international companies for oil field audit
Oil & Gas 

South Sudan invites international companies for oil field audit

January 10, 2020January 10, 2020 newbusinessethiopianews

Culture & Tourism

Ethiopia to celebrate its victory that ‘turned the world upside down’
Culture & Tourism 

Ethiopia to celebrate its victory that ‘turned the world upside down’

February 8, 2021February 8, 2021 NBE

Ethiopia today launches a month long celebration of the 125th anniversary of Battle of Adwa, the first victory of Africans

Ethiopia introduces zero profit tax incentive to boost tourism
Culture & Tourism 

Ethiopia introduces zero profit tax incentive to boost tourism

December 30, 2020December 30, 2020 newbusinessethiopianews
Ethiopia inaugurates new tourist attraction in Addis Ababa
Culture & Tourism 

Ethiopia inaugurates new tourist attraction in Addis Ababa

October 10, 2020October 12, 2020 NBE
Exotic Ethiopian Adventures eyes venturing with foreign companies
Culture & Tourism 

Exotic Ethiopian Adventures eyes venturing with foreign companies

August 24, 2020August 24, 2020 NBE

Energy

Angola secures $530 million for energy project
Energy 

Angola secures $530 million for energy project

March 18, 2021March 18, 2021 gessesse

The African Development Bank has committed $530 million to finance the construction of a 343 km, 400 kV central-south transmission

Experts to reflect on sustainable industrialization in Africa
Energy 

Experts to reflect on sustainable industrialization in Africa

March 9, 2021March 9, 2021 gessesse
Africans discuss energy regulatory environment to attract investment
Energy 

Africans discuss energy regulatory environment to attract investment

March 4, 2021 gessesse
Conducive energy regulatory environment to attract investment in Africa
Energy 

Conducive energy regulatory environment to attract investment in Africa

February 25, 2021February 25, 2021 gessesse

Mining

U.S delivers emergency shelter for Ethiopians displaced in Tigray
Humanitarian 

U.S delivers emergency shelter for Ethiopians displaced in Tigray

April 21, 2021 gessesse

The United States handed over 1,500 rolls of heavy-duty plastic sheeting to the International Organization for Migration (IOM).

Malaria vaccine reaches 650,000 children in Kenya, Ghana, Malawi
Health 

Malaria vaccine reaches 650,000 children in Kenya, Ghana, Malawi

April 20, 2021April 20, 2021 gessesse
ECA leads Africa’s fight against climate change
Environment 

ECA leads Africa’s fight against climate change

April 20, 2021 gessesse
Quick Intro To Book of Ra Magic
NBE Blog 

Quick Intro To Book of Ra Magic

April 20, 2021April 20, 2021 gessesse
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