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Ethiopian Orders Boeing for Six 787 Dreamliners

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Category: Latest Business Alerts

EALEthiopian Airlines disclosed its order to purchase six 787-8 Dreamliner at the Paris Air Show from Boeing on June 17, 2015. The order was formerly credited to anonymous customer on Boeing’s Orders and Deliveries website.

Last Updated on 19 June 2015
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Ethiopian Organizations Voice Frustration at Ethio-Telecom

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Category: ICT and Telecom

Ethiopian based organizations including money transfer agents, embassies and other enterprises dependent on internet and related operations voiced frustration at the services they receive from Ethio Telecom services.

The Ethio Telecom customers complained against the weak internet services in particular.

Complaints were heard at the event commemorating Ethio-Telecom’s Second Enterprise Customers Day on Wednesday.

Last Updated on 14 August 2013
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Ethiopian Parliament Approves $1.45 Bn Supplementary Budget

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Category: Latest Business Alerts

The Ethiopian Parliament, the House of People’s Representatives, has approved a supplementary budget of $1.45 billion (49.6 billion birr) the federal government requested to deal with "prevailing problems".

Last Updated on 02 June 2020
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Ethiopian Parliament Approves Budget

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Category: Banking and Finance

The Ethiopian House of People’s Representatives approved the budget for the federal government just began fiscal year yesterday.

The bill was endorsed by the parliament with one abstention after the house studied the report and recommendation presented by the Standing Committee for Budgetary and Financial Affairs.

The house also approved the Chat Excise Tax proclamation which is designed to ensure equity in the collection of tax due on Chat trade.

Last Updated on 14 August 2013
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Ethiopian Parliament Approves Excise Tax Bill Further Reducing Tax Levied on Cars

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Category: Latest Business Alerts

The Ethiopian parliament (House of People's Representatives) approved into law the revised excise tax law with a majority vote, 4 against and 7 abstentions. The approval came after the bill received a revision on the initial draft, further reducing the tax cut on cars and bottled water.

Last Updated on 13 February 2020
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