2merkato

The federal government is preparing to impose a 15 percent value-added tax (VAT) on fuel sales beginning in July, marking a shift in the country’s fuel pricing policy. This move aligns with the government’s plan to fully liberalize fuel prices based on international market rates and phase out longstanding subsidies.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 10 June 2025.

The federal government has submitted a draft budget totaling Birr 1.93 trillion for the 2025/26 fiscal year to the House of People’s Representatives during its 35th regular session today.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 09 June 2025.

The African Export-Import Bank (Afreximbank) has announced a USD 1 billion financing commitment for Ethiopia over the next 12 months, urging businesses and financial institutions to seize the opportunity as the country implements key economic reforms.

The South Ethiopia Regional State has exceeded its annual coffee supply target, delivering more than 38,000 tons of coffee to the central market over the past 11 months, surpassing its initial goal of 34,254 tons.

The Ethiopian government has submitted its draft budget for the 2025/26 fiscal year to the House of People's Representatives (HPR), with total proposed expenditures nearing two trillion birr.

The Ministry of Tourism has announced that Ethiopia will host 74 international conferences over the next two months, marking a rise in conference tourism.

Wegagen Capital Investment Bank S.C. has officially launched operations, becoming Ethiopia’s first private investment bank under the country's new capital market framework.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 03 June 2025.