The occupancy rate across Ethiopia’s Special Economic Zones (SEZs) has climbed to 89%, according to the Industrial Parks Development Corporation (IPDC). Zemen Junedi, Deputy CEO of IPDC’s Promotion and Marketing Division, noted that nearly all 13 SEZs are now operational, attracting both local and international investors.
The 3 financial enterprises owned by the state have registered a total asset of 523 billion Birr by the end of last fiscal year. The news was disclosed by the Ethiopian Public Financial Institutions Agency (PFIA).
The Revenues and Customs Authority of Ethiopia is dissatisfied with the annual inspection services offered to taxpayers by 
cash register suppliers. Cash register machines can fail in processing data transfers in the absence of appropriate servicing it was said.
ERCA has authorized about 11 companies’ to supply cash register machines on the local market. The suppliers are mandated to set up repair and maintenance facilities to offer annual inspections as per the arrangement with the tax authority.
The regulations established by ERCA penalize taxpayers for falling to servicing their registers on an annual basis and yet only about a quarter of the 12,465 machines sold last year have been serviced this year.
Ethiopia’s government has collected 63 billion Birr from tax in the first quarter of the current fiscal year. This was disclosed by the Ethiopian Revenue and Customs Authority (ERCA).
Ethiopia’s solo expressway company, Ethiopian Toll Road Enterprise, made a total of 145.7 million Birr during the first 9 months of the current fiscal year. The income, which was 98 percent of the Enterprise’s target, was disclosed by Ministry of Transport (MoTr) during its 9 months report to the House Peoples’ Representatives.
