Latest News
Latest News
Ethiopia Moves to Ban Plastic Products
Ethiopia is taking a significant step towards environmental protection by drafting a law to ban the import of single-use plastic products. The Council of Ministers,
ADMAS Chatbot: Ethiopia’s Game-Changer for Startups and SMEs
NUNA Ethiopia has launched ADMAS Chatbot, an AI-powered business development tool aimed at supporting startups, SMEs, and entrepreneurs in Ethiopia. The chatbot is designed to provide
Authority slaps heavy fines on paper-based securities with new directive
The Ethiopian Capital Market Authority has imposed stringent penalties on the issuance and use of paper-based securities as part of a bold push to modernize
SEZ banking directive in works at NBE
Central bank regulators are working on a directive that would govern licensing procedures for banks looking to open branches inside Special Economic Zones (SEZs).
Ethiopia Approves Landmark Property Tax Law Amid Debate on Economic Impact
The House of People’s Representatives has officially passed a new Property Tax Proclamation, introducing a landmark tax policy that imposes levies on urban land, buildings, and land improvements.
Ethiopia’s New Special Economic Zone Proclamation: A Catalyst for Investment and Economic Growth
Ethiopia has recently enacted the Special Economic Zone (SEZ) Proclamation No. 1322/2024, marking a pivotal legislative milestone designed to bolster investment opportunities and drive economic
Ethiopian Securities Exchange Launch Marks a New Dawn for Ethiopia
The Ethiopian Securities Exchange (ESX) was officially launched today at an event officiated by Prime Minister Dr. Abiy Ahmed. The exchange, established by the country’s
Ethiopia’s QR Code Mandate Takes Effect Feb 9, 2025
Businesses in Ethiopia must now include QR codes on all manually issued receipts or risk losing key tax benefits under new regulations designed to increase