2merkato

The Commercial Bank of Ethiopia (CBE) and the Ministry of Innovation and Technology have signed an agreement to digitize payment collections for federal agencies.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 12 December 2024.

The Ministry of Finance, in collaboration with the Lexis Nexis Rule of Law Foundation, has launched a new online platform aimed at providing easy access to Ethiopian tax laws and regulations. The website hosts over 300 tax laws in both Amharic and English.

The Hawassa City Administration Investment Promotion Office revealed that the city issued licenses to investors who have collectively registered capital exceeding Birr 1.1 billion in the first quarter of the 2024/25 fiscal year.

Ethiopian Airlines Group has celebrated the arrival of its second Airbus A350-1000, registered as ET-BAX. This addition reinforces Ethiopian Airlines’ standing as Africa’s leading airline. The A350-1000, part of a four-aircraft order, was first introduced to the fleet in November 2024, making Ethiopian Airlines the first African operator of this aircraft.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 11 December 2024.

Ethiopia is keen to strengthen its position in the rapidly growing Chinese coffee market, as China continues to emerge as one of the top destinations for Ethiopian coffee exports. The Ethiopian Coffee and Tea Authority (ECTA) emphasized this goal during recent discussions with Chinese business representatives interested in sourcing Ethiopian coffee.

Siket Bank S.C. has announced a strong performance for the 2023/24 fiscal year, recording a net profit of Birr 1.54 billion and total assets of Birr 15.9 billion, reflecting a 30% growth. The bank's results were shared by Board Chairperson Tilahun Worku during the 2^nd Stakeholders Ordinary General Assembly on Saturday last week, where he addressed board members, shareholders, and directors.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 10 December 2024.

The Ministry of Revenues and Birhan Ena Selam Printing Enterprise have signed a memorandum of understanding (MoU) to introduce QR codes on tax receipts, marking a significant step toward improving tax collection efficiency and curbing the circulation of counterfeit receipts in Ethiopia.