Ethiopia: ERCA Training Medium Taxpayers on Using its E-file System
The Ethiopian Revenues & Customs Authority (ERCA) launched a training for medium taxpayers on using its electronic tax return filing system online on October 14, 2013, Fortune reported.
Currently, only large taxpayers with annual turnover of more than 27 million Ethiopian birr are using the e-filing system.
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The Ashegoda Wind Farm, Africa's largest wind farm inaugurated in Ethiopia on 26 October 2013.
The Commercial Bank of Ethiopia (CBE) is to launch interest free banking service starting from Monday, October 28, 2013, in its 23 selected branches in Addis Abeba and in other major regional towns, Fortune reported.
United Insurance SC reported 59.87 million Ethiopian birr profit after tax in the 2012/13 fiscal year, a 65 percent growth over its performance reported a year earlier, according to Fortune.
Pan-African banking group Ecobank Transnational has opened its first branch in Ethiopia, Reuters reported.
Ethiopian Airlines, the fastest growing and most profitable African airline, will take delivery of the first of its four Boeing 777-300ERs on 7 November 2013.
