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...
Ethiopian Airlines Set to Launch First-Ever Flights to Australia
Ethiopian Airlines is preparing to launch passenger flights to Australia—the only continent it has not served in its eighty-year history. The new service will...
Ethiopia’s Securities Exchange Set to Begin Official Trading This Week
Ethiopia’s much-anticipated Securities Exchange (ESX) is poised to launch full-scale trading next week, marking a watershed moment in the country’s financial modernization journey. This...
