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Abyssinia Bank Reports Over 5 Billion Birr Gross Profit for 2023/24 Fiscal Year
Abyssinia Bank has reported a gross profit of 5.28 billion birr for the 2023/24 fiscal year, representing a growth of 0.92% compared to the...
Ethiopian Government Raises Customs Duty on Imported Electric Vehicles
In a notable policy shift, the Ethiopian government has increased customs duty on imported electric domestic vehicles, raising the rate from 15 percent to...
Ethiopian Capital Market Authority’s First Investment Directive Approved at the 2024 Capital Markets Summit
The Ministry of Justice has recently approved groundbreaking guidelines from the Ethiopian Capital Markets Authority (ECMA) focused on public offerings and trading of documented...
National Bank of Ethiopia Launches New 50% Foreign Currency Retention Policy Starting Tomorrow
The National Bank of Ethiopia (NBE) has announced that starting tomorrow, exporters will have the option to sell 50 percent of the foreign currency...
Creative DNA Ethiopia 2.0 Pop-Up Showcases Bold & Innovative DesignsJoin Us for an Exclusive Event Featuring Emerging Ethiopian Fashion Talent
ADDIS ABABA, 11 NOVEMBER 2024 – The future of Ethiopian fashion is on display! The Creative DNA: Ethiopia 2.0 program invites you to an...
Minister Hanna Arayaselassie’s Proposed Asset Seizure Bill: A New Approach to Addressing Unexplained Wealth in Ethiopia
The debate over Ethiopia's proposed asset recovery bill has centered around its high-stakes approach to combating illicit wealth, with a particular focus on assets...