The Controversial Minimum Salary Floor for Hospitality and Service Sectors Set by Addis Ababa Revenue Bureau
“There is a ridiculous difference between what is paid and what they say they will pay,” said the Addis Ababa Revenue Bureau in a...
Ethiopian Securities Exchange to Launch in January
The Ethiopian Securities Exchange (ESX) has announced its official launch, scheduled for January 2024. According to Dr. Tilahun Ismail, the institution’s CEO, the ESX...
Ethiopia Startup Data Hub Launched: A Game-Changer for Startups and Investors
A new open-access data platform has been launched in Ethiopia, offering a centralized hub for insights into the country’s startup ecosystem. Developed in partnership...
From ETB 2,900 to 1,500: How Lemi National Cement is Transforming Ethiopia’s Cement Market
When the Ethiopian government lifted the ban on foreign direct investment (FDI) in 2020, it was a clear step toward realizing its vision of...
EthSwitch Plans to Launch Credit Scoring and Digital Lending System
EthSwitch S.C., Ethiopia’s national switch operator, has announced plans to launch a credit scoring and digital lending system. The announcement was made during the...
Ethiopian Transit Clearinghouse Launches at Berbera Port, Enhancing Somaliland-Ethiopia Trade Relations
Today, the Ministry of Finance and Development of Somaliland announced the inauguration of the Ethiopian Transit Clearinghouse at Berbera Port, marking a significant milestone...
