Amhara Fano National Force (AFNF) today issued a statement announcing key organizational decisions. However, one major faction in AFNF immediately distanced itself from the statement. Around 2 years ago, Fano militias launched an armed resistance…
Additional fees will be charged on cash transactions exceeding 10,000 birr. Both the payer and recipient will have to pay the fees. Ethiopian government wants to discourage cash transactions. The recently approved new income tax…
The government of Ethiopia intends to impose 15% value added tax (VAT) on fuel sales. The government made this announcement in the draft budget submitted to the House of People’s Representatives. The government plans to…
Ethiopian Prime Minister, on Tuesday, blamed wealthy businessmen for igniting armed conflicts in the country. The Prime Minister held a meeting with the business community yesterday. Businessmen from across Ethiopia attended. He blamed wealthy people…
Ethiopian Government is considering imposition of tax on non residents who distribute digital media content while being in Ethiopia. A draft income tax amendment bill has been tabled at the Ethiopian House of People’s Representatives…
Ethiopian opposition politicians on Saturday held an unprecedented virtual discussion. The discussion was aimed at forming a broad political alliance against the ruling Prosperity Party. Next General Election is expected to be held in mid…
Ethiopia: TPLF has written another letter to diplomatic missions and international partners, urging them to intervene. TPLF is involved in a stand off with the Ethiopian federal government. The letter was written on June 5,…
Ethiopian Politician Taye Dendea has been arrested again. He has been arrested twice in the last 18 months. Taye Dandea is a senior leader of ruling Prosperity Party. He is from the Oromia region. He…
Keria Ibrahim has joined newly formed Solidarity Party. The party is led by Getahew Reda, State Minister and Advisor to Prime Minister on East Africa Affairs. Both Keria Ibrahim and Getachew Reda were expelled from…
American Citibank is in talks to enter the banking sector in Ethiopia. Citibank was founded in 1812 as City Bank of New York. Now it has branches in 19 countries. Citibank has no physical presence…