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Ethiopia Sets Aside Over $153 Mn, Closes Borders Prepping to Tackle COVID-19

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Category: Latest Business Alerts

Ethiopia has closed its borders and allocated $153.4 million (5 billion birr) as it braces to tackle the spread of COVID-19. As of today, Ethiopia has announced 12 confirmed cases of the coronavirus pandemic.

Last Updated on 24 March 2020
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Ethiopia Sets up Independent Private Sector Advisory Council

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Category: Latest Business Alerts

Ethiopia has established an independent private sector advisory council, hoping to elevate the involvement of the private sector in the economy. The council has twelve members.

Last Updated on 12 February 2020
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Ethiopia Sets Up National COVID-19 Resource Mobilization Committee

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Category: Latest Business Alerts

pm-office-covid-19-committeeEthiopia has launched a national resource mobilization committee tasked with coordinating efforts of gathering financial and non-financial materials for COVID-19 emergency preparedness, the Office of the Prime Minister of Ethiopia announced in a tweet.

In the tweet, the Office of the Prime Minister noted: "such periods require the effort and contribution of each individual," highlighting the need for collective and concerted efforts to help one another in times of great need as the way to overcome. 

Members of the national committee have donated their one-month salary to the national COVID-19 resource pool, it was learned.

As per the Prime Minister's directive, 184 of the Office of the Prime Minister Office's 289 staff will work from home for the coming two weeks.


Source (Including Image): Office of the Prime Minister - Ethiopia (Twitter)

 

Last Updated on 25 March 2020

Ethiopia Shelves Ethio Telecom's Partial Privatization Process

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Category: Latest Business Alerts

ministry-of-financeEthiopia's Ministry of Finance announced that the Ethiopian government has "chosen to postpone the [partial] privatization process" of Ethio Telecom.

Last Updated on 21 March 2022
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Ethiopia Shortlists Six Firms to Conduct Revenue Study

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Category: Latest Business Alerts

The Revenues and Customs Authority of Ethiopia has submitted a shortlist of six companies to conduct a national revenues potential study to the World Bank.

The firm selected to conduct the job will be required to measure the revenue productivity of each tax and discover discrepancies between potential revenue and the revenue being actually collected.

The study will reveal strength’s and weakness on the part of ERCA in its efforts to raise domestic revenue according to an official with the authority.

Last Updated on 14 August 2013
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