Latest News
Latest News
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
Commercial Bank of Ethiopia Reports 5.3 Trillion Birr in Digital Transactions in Six Months
The Commercial Bank of Ethiopia (CBE) has announced that it processed 5.3 trillion Birr through its digital banking services in the first half of the
Parliament Approves Samson Mekonnen as Head of Ethiopian Media Authority
Parliament Approves Samson Mekonnen as Head of Ethiopian Media Authority.
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,
House of Representatives Passes Law to Close Legal Loophole in Government and Public Property Restitution
The House of People’s Representatives has approved a new Property Restitution Law, designed to close legal loopholes in the recovery of government and public assets.