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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 11 April 2024

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Published on 12 April 2024
Category: Capital Market and Commodity Exchange

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

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Ethiopia Finalizes Preparation to Join Africa's Free Trade Zone

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Published on 11 April 2024
Category: Import and Export

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Ethiopia is on the home stretch of joining Africa's free trade area, the African Continental Free Trade Area (AfCFTA), according to the Ministry of Trade and Regional Integration (MoTRI).

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Ethiopia: A New Directive Introduces Excise Stamps

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Published on 09 April 2024
Category: Banking and Finance

mof logo

Ethiopia's Ministry of Finance is tightening its grip on tax collection with a new directive requiring excise stamps on specific goods. This move targets producers and importers of spirits, tobacco, bottled water, beers, cigarettes, and cigarillos, with the potential to expand to other products.

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Ethiopia Gears Up for Domestic Safari Car Production

Details
Published on 09 April 2024
Category: Manufacturing

Safari Cars

Bishoftu Automotive Manufacturing Industry (BAMI) has launched a pilot project to produce safari cars, aiming to meet the growing demand for locally-made touring vehicles in the expanding tourism sector.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 8 April 2024

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Published on 09 April 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 8 April 2024.

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Ethiopia: Ethio-Engineering Group to Shift Focus to Electric Vehicles and Machinery with Government Backing

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Published on 08 April 2024
Category: Manufacturing

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Ethiopia's Deputy Prime Minister, Temesgen Tiruneh, announced a significant shift for the Ethio-Engineering Group, revealing their upcoming transition to assembling electric vehicles and machinery.

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Ethiopia Issues Personal Data Protection Bill

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Published on 05 April 2024
Category: Latest Business Alerts

National ID Proclamation Ethiopia

The Ethiopian House of Representatives has taken a significant step towards safeguarding personal data with the endorsement of the Personal Data Protection Bill. The bill was reviewed and approved during the 20th regular meeting of the 3rd parliamentary session, with one objection and a majority vote.

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Ethiopia: National ID to be Mandatory for Business License Services

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Published on 05 April 2024
Category: Latest Business Alerts

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The Ministry of Trade and Regional Integration announced two key initiatives: a mandatory national ID requirement for business services starting this year and an expanding online service platform.

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Ethiopian Commodity Exchange Trades Birr 19 Billion Worth of Agricultural Commodities

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Published on 05 April 2024
Category: Capital Market and Commodity Exchange

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The Ethiopian Commodity Exchange (ECX) revealed that it conducted transactions totaling nearly Birr 19.4 billion over the past nine months. This involved trading 172,000 metric tons of various agricultural commodities.

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Trade Ministry Aims to Boost Ethiopia’s Forex Earnings

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Published on 05 April 2024
Category: Import and Export

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The Ministry of Trade and Regional Integration (MoTRI) is taking a multi-pronged approach to boost Ethiopia's foreign exchange earnings. Its strategy centers on increasing the volume of exports, diversifying the products exported, and raising quality standards.

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