Latest Business Alerts

Ethiopia: A New Customs Management System Introduced

With a view to complying with international custom standards, Ethiopian Revenues and Customs Authority (ERCA) has introduced a new electronic Customs Management System (CMS) which will replace the existing Automated System for Customs & Data (ASYCUDA++). According to Ato Ababu Emiru, CMS project manager, the new system, by employing an intelligent risk management system, is expected to address the problems of the automated system. The project manager also said the electronic system will provide transparency in business transactions, and promote predictable and fast economical and clearance operations.

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Ethiopia: Export Trade Volume to Be Improved

Ethiopia plans to improve the volume of its export trade. According to the Ministry of Finance and Economic Cooperation, the plan is set to reduce the country’s USD 26 billion debt. The Ministry’s Communication Director, Ato Haji Ebsa, said the performance of the export trade was low and that there is a huge gap between its export performance and its external debt.

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Ethiopian Registers Record Success in 2017/18 Fiscal Year

Ethiopian Airlines, Africa’s largest Airline Group, is happy to announce that it has registered record success in the just ended 2017/18 fiscal year. In line with its 15 year strategic roadmap, Vision 2025, the airline registered historical success in financial, commercial, operational and customer service areas.

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Ethiopian and DHL Global Forwarding Partner to Build the Leading Cargo Logistics Provider JV Company in Africa

DHL Global Forwarding, the leading international provider of air, sea and road freight services, and Ethiopian Airlines, the largest aviation group in Africa, today signed a new agreement to form a joint venture company – DHL-Ethiopian Airlines Logistics Services Ltd., to build the Leading Cargo Logistics provider JV company in Africa; the company will be based in Ethiopia and do business in the entire continent of Africa, enhancing Ethiopia’s logistics infrastructure and connections.

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