2merkato

Ethiopia has prepared a draft law which will amend the existing income tax proclamation, Fana Broadcasting Corporate reported.

The Ethiopian Communications Authority (ECA) revealed that it would issue a second telecommunications license by the end of 2023. The entire licensing process could take two to three months allowing the third license to be issued in either November or December 2023.

In quest for joining the international capital market, Ethiopia is going to start issuing international bond by the end of this year. The move is the first of its kind by the nation.

A Bill to ratify the establishment of the International Renewable Energy Agency was tabled before the Ethiopian House of People’s Representatives.

The bill has been sent to the Natural Resource and Environmental Protection Affairs Standing Committee for further review.

Ethiopia will benefit from becoming a member of IRENA said Wendimu Gezahegn, deputy government whip. Advantages of membership include technology transfer and capacity building according to Wendimu.

The Ethiopian Airlines is going to be fully integrated into Star Alliance, the largest airline alliance, in October. The process took over a year and 6.9 million dollars which has not been paid in full yet.

The airlines had to fulfil 83 criteria, including IT compliance, to earn full membership of the alliance.
Ethiopian is the third African airline to join the Star Alliance after South African Air (SAA) and Egypt Air.

Ethiopian uses SABER booking system, which needed to be connected with the central system of the Star Alliance headquarters, and with those of the 29 member carriers.