Ethiopia is expected to return to double digit economic growth this fiscal year, driven by a reform program supported by the International Monetary Fund (IMF) that has eased foreign exchange constraints, boosted exports, and improved macroeconomic stability.
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Ethiopia’s Council of Ministers, approved a set of policy decisions on Tuesday covering customs reform, investment incentives, and entrepreneurship development.
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Carrefour has announced a franchise and supply partnership with Queens Supermarket PLC, a subsidiary of Midroc Investment Group, to introduce Carrefour-branded retail operations in Ethiopia.
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The Ministry of Revenues and the Commercial Bank of Ethiopia have signed a bilateral agreement on the provision of services for the collection and administration of income tax.
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Ethiopian Investment Holdings (EIH) has introduced a new digital platform named Adera, developed to collect reports related to corruption and malpractice within state owned enterprises under its management. The platform is available through a website and mobile application.
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