Commercial Bank of Ethiopia Introduces VAT on Financial Services Amid World Bank-Supported Bailout
The Commercial Bank of Ethiopia (CBE) has introduced value-added tax (VAT) on various financial services as part of its efforts to comply with the...
Ethio Telecom Announces New Tariff Adjustments Effective Tomorrow
Ethio Telecom, the state-owned telecom provider, has announced that tariff adjustments for certain products and services will take effect starting tomorrow, Meskerem 21, 2017...
IMF and Ethiopia Reach Preliminary Agreement on $3.4 Billion Extended Credit Facility
Addis Ababa, Ethiopia – It was announced today that the International Monetary Fund (IMF) and the Ethiopian government have reached a preliminary agreement...
Ethiopia’s Largest Cement Factory, Lemi National, Opens with 150,000 Quintal Daily Capacity
Lemi, Ethiopia – Prime Minister Abiy Ahmed (PhD) has officially inaugurated the Lemi National Cement Factory in the Amhara region, the largest cement factory...
Addis Ababa City Administration Tightens Control on Building Permits and Setback Violations
The Addis Ababa City Administration's Construction Permit and Control Authority has issued a strict warning to developers violating the city's building regulations, specifically related...
Unlocking Ethiopia’s Gemstone Potential: Haimanot Sisay’s Journey as the First Gemstone School Founder
Haimanot Sisay's journey from studying computer science to becoming a pioneering gemologist in Ethiopia is a compelling tale of passion, perseverance, and the transformative...
