Ethio Telecom has announced a 5 percent bonus when users in Ethiopia receive remittance money from abroad via its mobile money service telebirr. The bonus is to be used to buy Ethio Telecom's air time and mobile packages.
The first half of the current fiscal year saw the registration of 189,698 vehicles on Telebirr. According to the announcement of the Ministry of Trade and Regional Integration (MoTRI), the vehicles were registered on the digital cash platform to access fuel subsidies after the Government began implementing fuel supply reform measures and the Ministry and Ethio Telecom signed a memorandum of understanding.
Ethio telecom’s Telebirr received a go ahead from the National Bank of Ethiopia to launch micro credit and saving services.
The Governor of the National Bank, Yinager Dessie (PhD), stated that the provision of these services through Telebirr would financially benefit a large number of Ethiopians. The National Bank’s decision was also given as part of the ongoing reforms to strengthen the Ethiopian digital economy.
Ethio Telecom and the Oromia Regional State’s Revenues Bureau have signed an agreement to implement a digital tax payment system through the Telebirr platform. This new system will replace the manual tax collection system, which has been causing unnecessary time and resource wastage for taxpayers.
Ethio Telecom’s Telebirr developed into Telebirr superApp which enables its customers to get access to various services including e-commerce, biometric authentication, food delivery, entertainment, utility bill payments, and transportation.
