Business

How to Start Trading on CBE Capital: A Beginner’s Guide for Ethiopians Entering the Stock Market

As Ethiopia’s financial sector modernizes and expands, more Ethiopians are gaining access to a once-unreachable world: stock market investing. With the Ethiopian Securities Exchange (ESX) now operational and CBE Capital acting as a licensed broker, individuals can officially begin buying and selling securities—right from home or through designated channels. If you’re new to this game

July 21, 2025 • By Addis Insight

Uncategorized

Marcus Samuelsson’s Marcus DC Brings Swediopian Flavor and Black Culinary Excellence to NoMa

Washington, D.C. — Celebrity chef Marcus Samuelsson’s long-awaited culinary debut in the capital has arrived. Marcus DC, located at the base of the Morrow Hotel in the bustling Union Market district, officially opened its doors on June 3, 2025, offering a vibrant, immersive dining experience that celebrates the rich diversity of Black culinary traditions—from D.C.

July 18, 2025 • By Addis Insight

Business

House of People’s Representatives Unanimously Approves Ethiopian Startup Proclamation

House of People’s Representatives Unanimously Approves Ethiopian Startup Proclamation The House of People’s Representatives, during its second emergency session of the fourth year of its current term, has unanimously passed the much-anticipated Ethiopian Startup Proclamation. According to Dr. Negeri Lencho, Chairman of the Standing Committee on Human Resources, Employment, and Technology Affairs, the proclamation marks

July 17, 2025 • By Addis Insight

Business

Ethiopian Parliament Approves Major Amendment to Federal Income Tax Law to Align with Digital Economy

Addis Ababa, Ethiopia — July 17, 2025In a significant legislative development, the House of Peoples’ Representatives has approved a draft amendment to the longstanding Federal Income Tax Proclamation. The decision was made during the House’s second emergency session held today, signaling the government’s push toward modernizing its fiscal framework to reflect evolving economic realities. The

July 17, 2025 • By Addis Insight

Business

IMF Warns Structural Challenges May Sustain Ethiopia’s Parallel Market Premium Despite Forex Reform

Addis Ababa, July 2025 – Ethiopia’s ambitious reform to unify its foreign exchange market is showing results but faces stubborn structural hurdles that could keep the parallel market premium alive in the medium term, the International Monetary Fund has warned. According to the IMF’s Country Report No. 25/189, Ethiopia eliminated most official FX rationing in

July 16, 2025 • By Addis Insight

Business

Ethiopia Proposes Major Income Tax Reforms, Including Quarterly Prepayments for Large Businesses

Addis Ababa, Ethiopia – Ethiopia’s new draft Income Tax Proclamation proposes a significant shift for Category “A” taxpayers, requiring businesses with annual income exceeding 2 million birr to pre-pay 25% of the previous fiscal year’s profit tax liability each quarter. Instead of settling the entire tax due after submitting the annual report, companies will make

July 13, 2025 • By Addis Insight

Business

Ethiopia’s First Securities Exchange Begins Trading

Ethiopia’s long-awaited securities exchange has officially launched trading, introducing a secondary market for government treasury bills (T-bills) in electronic form. The milestone event was held at the Sheraton Addis Hotel, organized in collaboration with the National Bank of Ethiopia (NBE), the Ethiopian Capital Market Authority (ECMA), and the Ethiopian Securities Exchange (ESX). It brought together

July 12, 2025 • By Addis Insight

Business

U.S. Embassy Limits Ethiopian Nonimmigrant Visas to Three Months, Single Entry

The U.S. Embassy in Addis Ababa has announced a new restriction on the validity of most nonimmigrant visas for Ethiopian citizens, reducing them to single-entry visas valid for only three months. Effective July 8, 2025, this change applies to all newly issued nonimmigrant visas. The Embassy confirmed the update in an official statement released on

July 10, 2025 • By Addis Insight

Food & Drink

Ethiopia Sets Historic Record, Earning Over $2.6 Billion from Coffee Exports

Ethiopia has achieved an unprecedented milestone in its coffee sector, earning more than $2.6 billion in export revenue—the highest in the nation’s history. According to the Ethiopian Coffee and Tea Authority, during the recently concluded fiscal year, Ethiopia exported 468,967 metric tons of coffee to the international market. This export volume surpassed the government’s target

July 9, 2025 • By Addis Insight

Business

Ethiopia Proposes Raising Top Income Tax Threshold to 14,000 Birr

A new bill tabled in Ethiopia’s House of People’s Representatives aims to increase the threshold for the highest income tax rate, moving the point at which the 35 percent tax applies from 10,900 birr to 14,000 birr. The current top rate and its threshold were established by the 2008 Income Tax Proclamation, which set the 35 percent

July 9, 2025 • By Addis Insight