Latest News
Latest News
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
Ethiopia opens doors to foreign banks with new law
Ethiopian lawmakers approved a “Banking Proclamation” – a transformative shift in the financial sector by allowing foreign banks to establish a presence in the country.
Ethiopia’s Personal Data Protection Proclamation of 2024 and its Budding Digital Identity Regime
The PDPP 2024 establishes a robust personal data protection framework to provide for data subject rights and principles of data processing and establishes the Ethiopian
Parliament Approves New Accounting Institute
The critical shortage of certified actuaries and valuators is expected to be addressed as Parliament approves establishment of Ethiopian Institute of Certified Public Accountants last
Ethiopian parliament approves proclamation to regulate petroleum trade
The Ethiopian parliament has approved a draft proclamation aiming at regulating the trade of petroleum products across the east African country. The legislation intends to