By Eyasu Zekarias In a significant move to support Africa’s industrial growth and tackle youth...

Premier Switch Solutions (PSS), in partnership with global payments leader MasterCard, has unveiled Ethiopia’s...

A new study recommends extending VAT withholding responsibilities to private companies, aligning them with the current requirements for public bodies. At the same time, the forthcoming implementation of VAT and excise taxes on fuel is expected to significantly reduce the gap between Ethiopia's tax-to-GDP ratio and that of its regional peers. The study identifies the decline in imports and reduced public investment—including large-scale infrastructure projects like railways and major dams worth billions of dollars in the 2010s—as key factors contributing to the drop in Ethiopia’s tax-to-GDP ratio. These findings are part of a report titled "Ethiopia’s Tax-to-GDP Ratio: Benchmark Estimation and Performance Analysis Policy," released by the Ministry of Finance on Friday, August 15. The report recommends designating large private companies as VAT withholding agents to enhance compliance and suggests increasing the VAT rate from the...

Africa Leads in Global Generosity The Charities Aid Foundation’s (CAF) World Giving Report 2025 reveals...

Leading scientists have sounded an urgent call to transform food systems across Africa as...

In Ethiopia, the private media sector is facing unprecedented challenges, squeezed relentlessly by government actions that increasingly threaten its...

The world is treading a perilous path—one marked by stark inequalities, muted global accountability, and a succession of power...

In the 21st century, amid astonishing advances in technology, communication, and a professed global consciousness, the unfolding starvation crisis...

As Ethiopia stands at yet another dangerous crossroads, the specter of renewed war between the federal government and the...