Tag: birr
The Grip on Money Intensifies as Cash Transactions in Property Sale Get Outlawed
The Federal Documents Authentication and Registration Agency (DARA) is no longer accepting and validating property sale agreements made with cash payments.
The Agency introduced the...
New Year, New Money
The government of Ethiopia on September 14, 2020, has introduced a new birr, a unit of Ethiopian currency, with additional security features and other...
Ethiopia Takes Currency Replacement Into Account To Curb Money Laundry
Ethiopia is one of the sixteen 'high-risk third countries' listed by the European Union (EU), who have strategic deficiencies in their national anti-money laundering...