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 movement against security forces in the Amhara region. The militias were loosely organized on district and kebele level. The difficult…
Eritrean government has ordered the suspension of fundraising for Go Green Eritrea Project. Eritrean diaspora community members based in Canada have been raising money to plant Coconut trees in Eritrea. The Go Green Eritrea team announced this week that they have been told by Mr. Berhane G. Solomon, Chargé d’Affaires at the Embassy of the…
Ethiopian minister yesterday called Eritrean President a woman. The minister Lagesse Tulu called Eritrean President “Mama Esuye”. “Is it said that if the displaced people don’t return before the winter comes, we will be dead? Who hates that? Didn’t we work hard to make more than ten plans for the displaced people to return to…
Ethiopian Birr has fallen to a new low against US Dollar in black market. The USD/ETB black-market rate has climbed sharply to 160.75 Br/USD, up 0.37% . This marks a significant rise from around 157 Br just two days ago. In late May, the National Bank of Ethiopia (NBE) expanded FX access—raising personal travel limits…
Eritrea, on Saturday, responded to accusations recently levelled by the Ethiopian military chief. General Birhanu Jula, the Ethiopian military chief, this week said that Ethiopia had tried to engage Eritrea to solve bilateral issues and use sea together, but the Ethiopian efforts remained unsuccessful. However he reiterated the Ethiopian government position that landlocked Ethiopia will…
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 proclamation stipulates that additional fees should be charged on cash transactions exceeding 10,000 birr. It remains to be seen how…
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 collect more than 3 billion birr from the value-added tax levied on fuel and fuel products. It is also expected…
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 for 60% peace related problems in Ethiopia. He accusing rich businessmen of funding armed groups. PM Abiy Ahmed said government…
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 (HoPR). If the draft is approved, individuals in Ethiopia with non resident status will have to pay tax on digital…
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 2026 in Ethiopia. Saturday’s virtual program was attended by Jawar Mohammed Oromo Federal Congress Deputy Chairman (from Oromia region), Gedu…