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Ethio telecom extends public offering deadline
The executives of Ethio telecom have anounced a five-week extension of the deadline for the public offering of a 10 percent stake in the...
Customs Commission extends franco valuta deadline, again
Officials at the Customs Commission have granted franco valuta importers yet another extension for the deadline to finalize their shipments. The decision, which was...
Foreign bank entry could import economic crises, weaken local banks: NBE regulators
Regulators at the central bank concede the impending entry of foreign banks could negatively impact their domestic counterparts as well as the Ethiopian economy. Although...
Salsay Weyane calls on diaspora, int’l community to face ‘existential threat’ in Tigray
The Salsay Weyane Tigray opposition party has urged the Tigrayan diaspora and international observers of the Pretoria Agreement to take action against what it...
Parliament to approve banking proclamation, foreign bank entry next week: NBE Governor
Central bank Governor Mamo Mihretu told a gathering of African finance professionals that he expects Parliament to ratify a pivotal bill permitting foreign banks...
Lawmakers ratify overdue real estate bill, set standards for broker licensing
Nearly a decade after it was first proposed, Parliament has ratified the country’s first Real Estate Development Proclamation, setting educational and ethical standards for...
Customs Commission grants franco valuta importers month to finalize shipments
Customs officials have announced an extension for the drawdown of the franco valuta scheme, instructing all importers to finalize transactions and shipments within the...
Safaricom Ethiopia lobbies lawmakers for equal market access
“Safaricom pays taxes using Telebirr”: External Affairs Chief The executives of Safaricom Telecommunications Ethiopia Plc have called for government support in ensuring equal access to...
Tax officials pin compliance hopes on new QR code requirement
Officials at the Ministry of Revenues have issued a directive requiring all tax invoices to feature unique quick response (QR) codes in a bid...
Awash Melkassa Chemical Factory struggles with sales despite stock surplus
Executives of the state-owned Awash Melkassa Chemical Factory say the manufacturer is struggling with client retention and an accumulation of product stock as more...
