News

Ethiopia to Invest in Djibouti’s New Oil Depot Project

The financing for this significant project is expected to be covered by the Ethiopian Investment Holdings (EIH).

What are the key points of the National Bank of Ethiopia's strict new directive?

The directive has established strict measures to ensure legal compliance. Providing false information or attempting to bypass the regulatory system will result in financial penalties, confiscation of property, and criminal liability.

Ethiopia's new plan to pay its foreign debt has been rejected

The current negotiation stalemate has placed Ethiopia under severe financial pressure, similar to other African countries.

New minimum salary rules for private hospitals in Oromia!

This salary standard is intended to protect doctors, nurses, pharmacists, and laboratory professionals working in the private sector from labor exploitation and to provide them with better financial security.

IRGC has announced a retaliatory strike on a U.S. military base.

Reports emerging from the Middle East indicate that the conflict between the U.S. and Iran, which had been quiet for some time, has now changed its form and shifted into direct attacks.

What is the re-assessment test prepared for drivers?

The government is being criticized, stating that saying 'you cannot work unless I re-assess the driving license that I myself examined and issued' has no legal basis.

IMF's Three Obligations for Ethiopia

The organization has set three major obligations that the government must implement in order to stabilize Ethiopia's macro economy and strengthen its financial capacity.

What does the new tax directive issued by the government say?

The National Bank of Ethiopia has announced new licensing and pricing adjustments for foreign trade participants.

The National Bank of Ethiopia has announced the implementation of new directives aimed at streamlining foreign exchange administration and improving the business environment.

Bread Price Hike: Reasons and Consumer Concerns

"Kenya is set to double the power supply it buys from Ethiopia"

Kenya has announced its decision to double the electricity it imports from Ethiopia to stabilize its growing power supply.

The controversial new tax law

Taxpayers will not be allowed to present new evidence during the appeals process, it has been stated.