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...
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...
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...
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...
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...
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...
