INTER EPCM: Ethiopia's Path to Industrial Independence New Partnership Model Offers Alternative to External...

With a bill to establish an independent insurance watchdog set for ratification this year,...

In a significant shift in fiscal policy, the Ethiopian Petroleum Supply Enterprise (EPSE) is set to begin collecting a new fuel tax next month. This measure is part of the government's broader economic reforms, which include the gradual elimination of long-standing fuel subsidies. The key change involves implementing a combined 30% tax on petroleum products, which includes a 15% value-added tax (VAT) and a 15% excise duty. Since mid-2022, the government has been incrementally reducing fuel subsidies to curb public spending, a process that has already led to rising prices. However, the government has committed to maintaining a targeted 'pro-poor' subsidy for public transportation to protect vulnerable households. The Ministry of Finance (MoF) has indicated that these transitional subsidies aim to alleviate the effects of concurrent foreign exchange reforms. The new tax's ultimate objective is to increase government revenue...

The Ethiopia-Sweden Business Forum 2025, held recently in Addis Ababa, showcased strong enthusiasm to...

Ethiopia has emerged as one of the leading countries in minimizing tobacco industry interference,...

Ethiopia's swift and coordinated response to the COVID-19 pandemic offers a critical blueprint for managing the current suspected outbreak...

The upcoming COP 30 climate summit in Brazil has stirred significant debate and skepticism across Africa. While global leaders...

Amid soaring global health challenges—ranging from limited resources and conflict to rampant misinformation—Ethiopia stands at a critical crossroads in...

Ethiopia is currently navigating a decisive phase in its economic development. Recently, the Ministry of Finance announced the unsuccessful...