Business
Business
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Addis Abeba’s revenue soars eightfold over seven years without any tax rate increases, says Mayor Adanech
Adanech Abiebie, mayor of Addis Abeba (Photo: Addis Abeba Communications) Addis Abeba – Mayor Adanech Abiebie announced that Addis Abeba’s revenue…
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Hilton signs deal with Brighton Hotels to open DoubleTree hotels in Adama, Dire Dawa
DoubleTree by Hilton Adama Addis Abeba– Hilton has signed an agreement with Brighton Hotels and Business Plc. to open two…
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Trade Ministry to enforce new mandatory standards starting June
Kassahun Goffe (PhD), Minister of Trade and Regional Integration (Photo: MoTRI) Addis Abeba –The Ministry of Trade and Regional Integration (MoTRI)…
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Ethiopia’s ‘tough’ macroeconomic reforms poised to yield ‘tremendous outcomes,’ says IMF chief
As part of her two-day visit to Ethiopia, Kristalina Georgieva (right), Managing Director of the International Monetary Fund (IMF), met…
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IMF Chief to make first visit to Ethiopia, amid ongoing economic reforms
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). (Photo/AFP) Addis Abeba– The Ministry of Finance announced that the…
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IMF backs Ethiopia’s tax reforms to boost revenue amid economic challenges; warns inflation could hit 25% after mid-2025
In April 2024, Ahmed Shide, the Minister of Finance, and Mamo Mihretu, the Governor of the National Bank of Ethiopia,…
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Ethiopia’s Tamrit Initiative revives 625 industries, boosts capacity utilization to 61%: Ministry of Industry
(Photo: EPA) Addis Abeba – Since the launch of the national “Ethiopia Tamrit” campaign two years ago, more than 625 industries that…
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Ethiopia’s total public debt soars by a quarter in five years, reaches $68.9 billion by end of 2024
(Illustration: Addis Standard) Addis Abeba – Ethiopia’s total public external and domestic debt stock, including both publicly guaranteed and non-guaranteed debt,…
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Gov’t mandates EV importers, assemblers to install charging stations before resuming operations
(Photo: Addis Fortune) Addis Abeba – The Ministry of Transport and Logistics has announced that electric vehicle (EV) importers and local assemblers…
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Ethiopia-Djibouti Railway achieves first profit milestone since launch, says CEO
Takele Uma, CEO of Ethiopia-Djibouti Railway S.C. (Photo: Takele Uma/social Media) Addis Abeba –Takele Uma, CEO of Ethiopia-Djibouti Railway S.C.,…
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