The International Finance Corporation (IFC), a member of the World Bank Group, together with The MasterCard Foundation, today announced a cooperation agreement valued at $1 million with microfinance institution FINCA in the Democratic Republic of Congo.
Today, PwC announced an innovative agreement with GE to provide integrated, enterprise managed tax services to GE on a global basis.
BY ANDUALEM SISAY GESSESSE-The tax income of Ethiopia over the past six months has increased by 10% compared to last year same period (August 8, 2014 – Jan 7, 2015), Prime Minister Hailemariam Desalegn told members of the parliament on Thursday.
By Andualem Sisay Gessesse –Ethiopia is battling to stop the outflows of billions of dollars every year through trade misinvoicing in collaboration with foreign partners, the country’s tax authority official said.
Oromia Insurance Company (OIC) is set to sign tomorrow a 21 million birr worth (around 1.6 million USD at today’s exchange rate) crop insurance plan with farmers tomorrow (July 24, 2010) in Meki town of Oromia Regional State, 147 kilometer south of Addis Ababa.
The total profit of commercial banks in Ethiopia, grew by 24 percent this year as compared to the similar period last year. This is excluding the new private banks, which have not began reporting profits and state-owned National Bank of Ethiopia (NBE).
Ethiopian Minister of Finance and Economic Development (MoFED) presented to the Parliament a 20 percent national budget increment (1.5 billion USD) for the coming fiscal year (July 8, 2010 to July 7, 2011).
Oromia Insurance Company, which joined Ethiopian insurance business a year ago, announced that its total asset has grown by 43 percent.
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