Ethio telecom says it is in ongoing discussions with Netflix over the business model...

Ethiopia’s digital finance industry has entered a new phase with the formal launch of...

Ethiopia is preparing to establish a formal revenue-sharing system for a new motor vehicle ownership tax that is expected to take effect in the 2027/28 budget year, according to a document obtained by Capital. The Council of Ministers is expected to submit the proposal to the House of Federation by the end of December 2026. If approved, the plan will create a legal framework for sharing revenue from the new tax between the federal government and regional states in line with constitutional requirements. The vehicle ownership tax is part of a broader government effort to strengthen domestic revenue collection and raise the country's tax-to-GDP ratio. Officials expect the measure to contribute about 0.1 percent of GDP in its first year and around 0.2 percent in the second year. State Minister of Finance Semereta Sewasew said earlier this...

The Ministry of Finance aims to raise 197.2 billion birr through Treasury bill (T-bill)...

The National Bank of Ethiopia has broadened its restriction on cryptocurrencies and other virtual...

Ethiopia cannot afford to wait for the next global crisis to expose the weakness of its economy. The ongoing...

Ethiopia’s record export earnings in 2025/26 should be welcomed, but they also expose a familiar weakness: the country still...

For Ethiopia's business community, the greatest obstacle to growth today is no longer inflation, foreign exchange shortages, or access...

With Ethiopia having just conducted its election, the country now enters another crucial political moment: translating political legitimacy into...