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The Customs Commission of Ethiopia has collected around 56.7 billion birr (close to $2 billion) from international trade taxation, trade misinvoicing and confiscation of goods from smugglers during the first nine months…
The total deposit of Commercial Bank of Ethiopia (CBE) exceeds half a trillion birr (over $17 billion), said the recently appointed president of EBE.
The revenue authority of Ethiopia says it has collected 145 billion birr ($5 billion) during the first nine months of Ethiopian fiscal year started July 8, 2018.
The Executive Directors of the World Bank on Friday unanimously selected David R. Malpass as President of the World Bank Group. Mr. Malpass served as Under Secretary of the Treasury for International…
Hit by severe forex shortage once again, the government of Ethiopia has launched a study that will allow to liberalize it financial system.
The Ethiopian Parliament today passes the African Continental Free Trade Area (AfCFTA) by officially beginning its journey to liberalization of the long awaited financial sector.
Digitization has been variously described as pivotal in ramping-up revenue collection for financing Africa’s development.
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.
Ethiopian Ministry of Revenue collected over 130.7 billion birr ($4.6 billion) during the first eight months of Ethiopian budget year started July 8, 2018.
Malabo, the capital of Equatorial Guinea is set host the African Development Bank’s next Annual Meetings in June 2019, following the signing of a memorandum of understanding between the two sides.
The Government of Ethiopia is set to introduce bank directive that will allow smallholder farmers to use their cattle as collateral to access loan from banks.
As part of modernizing its services, the Ministry of Revenue of Ethiopia is set to fully collect tax from large tax payers using electronic payment system.
Meeting its target by 99%, the Oromia of Region of Ethiopia collects 9.187 billion birr ($325.8 million) tax in the first six months of Ethiopian Calendar started July 8, 2018.
Out of the total 1.2 billion birr tax (close to $43 million) income the Tigray Region of Ethiopia has collected in the first six moths of Ethiopian fiscal year started July 8,…