Gross profit of Bunna International Bank of Ethiopia grew to 625 million birr (over $20 million at the current exchange…
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Ethiopia’s Nib bank makes 928 million birr profit
Nib International Bank Share Company, one of the private banks in Ethiopia announces gross profit of 928 million birr (close…
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Ethiopia’s Dukem town tax income quadruples
Tax income of Dukem, one of industrial hubs of Ethiopia, has almost quadrupled from it was five years ago, says…
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Ethiopia state enterprises debt surpasses $5.6 billion
Debt of twelve state enterprises in Ethiopia surpasses $5.6 billion, according to the latest report of the state enterprises’ regulatory…
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State enterprises in Ethiopia collect $9.4 billion revenue
Ethiopia’s state enterprises have collected total revenue of 258.51 billion birr (about $9.44 billion) last Ethiopia fiscal year concluded July…
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British territories facilitate stealing of Africa’s tax money
British and its territories are the top destinations of the money multinationals are stealing from Africa countries by tax evasion…
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Africa needs disruptive tax policy to tax digital businesses
Panelists of the 7th Pan African Conference on tax and Illicit financial flows, stress that Africa needs disruptive tax policies…
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Pan African conference discusses taxation in digital economy
Focusing on how African countries boost their local revenue in today’s digital economy, experts from across the globe gathered in…
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New bank set to enter Ethiopia market
Goh Betoch Bank, a new financial institution that aims to reintroduce mortgage banking (loan for housing construction) in Ethiopia, offers…
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Ethiopia secures $56 million from contraband trade
The Customs Commission of Ethiopia has confiscated worth 1.6 billion-birr ($56.3 million) items from contraband traders during the fiscal year…
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Ethiopia, Djibouti secure finance for joint road project
The government of Ethiopia and the African Development Bank Group on Monday have ink a $98 million grant agreement from…
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Commercial Bank of Ethiopia becomes top tax payer
The Commercial Bank of Ethiopia (CBE), the state financial institution, has become the top tax payer in Ethiopia paying 3.51…
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