New VAT Proclamation No. 1341/2024 Set to Increase Chicken and Egg Prices, Warns Industry Expert
During a press conference leading up to the 13th Ethio Poultry Expo (ETHIOPEX), the 9th Africa Livestock Exhibition and Congress (ALEC), the 4th Apiculture...
Ethiopia’s Betting Ban: Physical Shops Shutter, but Digital Doors Open
Ethiopia’s ambitious crackdown on sports betting, which saw over 6,000 betting shops shut down across Addis Ababa and other cities, has been in effect...
New Salary Scale to Take Effect Nationwide Starting October, Says Finance Minister Ahmed Shide
Ahmed Shide, the Minister of Finance, has announced that October salary payments will commence using the newly revised pay scale."The new salary structure, effective...
Ethio Foreign Exchange Bureau Goes Operational: A New Era in Currency Trade
Unveiling Ethiopia's First Independent Forex BureausThe National Bank of Ethiopia (NBE) has recently granted operational licenses to five new independent foreign exchange bureaus, marking...
Ministry of Finance Greenlights Entry of Fuel Vehicles Stuck at Djibouti and Dire Dawa Ports
Addis Ababa, October 19, 2024 – The Federal Democratic Republic of Ethiopia’s Ministry of Finance, in collaboration with the Customs Commission, has issued a...
Zemen Bank Achieves Record 3.77 Billion Birr Profit Amid Economic Challenges
Zemen Bank has reported a significant profit of 3.77 billion birr for the 2023 fiscal year, marking a milestone achievement in its 16th Annual...
