African Export-Import Bank’s Moody’s Rating improves
The global rating agency Moody’s Investors Service (Moody’s) has announced an upgrade of the issuer rating of the…
Finance
Institution urges water ministers to combat water scarcity
Associate Vice-President of the International Fund for Agricultural Development (IFAD), Perin Saint Ange, urged water ministers of developing…
Global partners support financial inclusion expansion in Congo
The International Finance Corporation (IFC), a member of the World Bank Group, together with The MasterCard Foundation, today…
PwC announces new global corporate tax services team
Today, PwC announced an innovative agreement with GE to provide integrated, enterprise managed tax services to GE on…
Ethiopia tax income up 10%
BY ANDUALEM SISAY GESSESSE-The tax income of Ethiopia over the past six months has increased by 10% compared…
Ethiopia vows to combat trade misinvoicing
By Andualem Sisay Gessesse –Ethiopia is battling to stop the outflows of billions of dollars every year through…
OIC seals 21 million Birr insurance agreement with farmers
Oromia Insurance Company (OIC) is set to sign tomorrow a 21 million birr worth (around 1.6 million USD…
Ethiopian banks’ revenue grew to 24 percent
The total profit of commercial banks in Ethiopia, grew by 24 percent this year as compared to the…
Ethiopia to boost budget 20 percent
Ethiopian Minister of Finance and Economic Development (MoFED) presented to the Parliament a 20 percent national budget increment…
Oromia Insurance increases asset 43 percent
Oromia Insurance Company, which joined Ethiopian insurance business a year ago, announced that its total asset has grown…