Ethiopia to Introduce Guidelines for Cryptocurrency Transactions, Following NBE’s New Proclamation
The National Bank of Ethiopia (NBE) is poised to introduce regulations concerning cryptocurrencies and digital assets following today’s…
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Ethiopia Opens Doors to Foreign Banks: Landmark Proclamation Paves the Way for International Investment
In a significant move to modernize Ethiopia’s financial landscape, the National Bank of Ethiopia (NBE) has secured approval…
Addis Ababa City Administration Implements Mandatory Fayda National ID Registration System
The mandatory registration number system has been established for all government institutions under the Addis Ababa City Administration.…
Deloitte Reopens Office in Ethiopia After Six Years, Strengthening Commitment to Local Growth
Deloitte has officially reopened its office in Addis Ababa, Ethiopia, after a six-year absence, marking a significant step…
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…
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…
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…
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,…
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…
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…
