Government Quietly Imposes New Cash Limit on International Travelers
The Government of Ethiopia has put a new restriction on the foreign currency that travelers may bring into Ethiopia.
Foreign passport holders are now only...
Addis Gets its Own Angel Investors Network
A group of individual investors whose aim is to promote Ethiopia's economic development and sustainability has founded Addis Ababa Angel Investors Network.
The Network that...
Addis to Commence on Mandatory Installation of Speed Limiters on Commercial Vehicles
In an attempt to tackle the growing number of road traffic accidents, Addis Ababa Traffic Management Agency is ensuing on the mandatory installation of...
Jawar, Bekele Face Heavy Charges from Prosecutors
Federal prosecutors charged the leaders of Oromia Federalist Congress, Jawar Mohammed and Bekele Gerba, for allegedly raising a civil war, committing terrorism, and telecom...
Abay Digitizes Payments, Launches Specialized Bill Generating System
Abay International Bank has launched a specialized bill generating system for service providers, joining Ethiopian banks' latest move in digitizing their services.
Dubbed Unicash and...
The Grip on Money Intensifies as Cash Transactions in Property Sale Get Outlawed
The Federal Documents Authentication and Registration Agency (DARA) is no longer accepting and validating property sale agreements made with cash payments.
The Agency introduced the...