Federal Court Fees Surge by 500% in First Revision in 72 Years
The draft law to revise court fees for federal courts was approved today by the House of People’s Representatives. This legislation imposes a fee...
Ethiopia’s New Duty-Free Condom Policy Aims to Curb HIV Transmission
In a significant move to combat the spread of HIV/AIDS in Ethiopia, the Ministry of Finance has granted a duty-free import status to condoms,...
National Bank of Ethiopia Launches New 50% Foreign Currency Retention Policy Starting Tomorrow
The National Bank of Ethiopia (NBE) has announced that starting tomorrow, exporters will have the option to sell 50 percent of the foreign currency...
Minister Hanna Arayaselassie’s Proposed Asset Seizure Bill: A New Approach to Addressing Unexplained Wealth in Ethiopia
The debate over Ethiopia's proposed asset recovery bill has centered around its high-stakes approach to combating illicit wealth, with a particular focus on assets...
Addis Ababa Introduces 50,000 Birr Fine for Dress Code Violations in Hotels and Restaurants
Addis Ababa Introduces 50,000 Birr Fine for Dress Code Violations in Hotels and Restaurants
In Addis Ababa, a new draft regulation has been approved, introducing...
Ethiopia Extends Landmark $738 Million Loan to South Sudan for Cross-Border Infrastructure Project
In a historic first, Ethiopia has extended a loan exceeding $738 million to South Sudan, the world’s youngest nation, to fund the construction of...
