Ethiopia: Countries, International Organizations Launch Addis Tax Initiative
Addis Tax Initiative launched on July 15, 2015 in Addis Ababa, Ethiopia, according to Ethiopian News Agency.
Ethiopia: Court Launches a Trade and Investment Bench
The Federal First Instance Court of Ethiopia launched a trade and investment bench for the first time in the country in the presence of Tagesse Chafo, Speaker of the House of People’s Representatives, Meaza Ashenfi, President of the Federal Supreme Court, and Solomon Areda, Vice President of the Federal Supreme Court, and other officials.
The trade and investment bench will entertain commercial, banking, insurance, and construction cases which are related to trade and investment.
The new bench is located at the former British Council building in Arada sub-city, Addis Ababa.
Source: Fana BC
Ethiopia: Court Suspended Chamber’s General Assembly Meeting
Addis Ababa Chamber of Commerce and Sectoral Association’s 10th general assembly meeting has been suspended by the Federal First Instance Court. The meeting was scheduled for the coming Thursday, December 25, 2014.
Ethiopia: Court Suspended Holland Car Foreclosure
The Federal High Court Lideta Civil Bench suspended the foreclosure of Holland Car Plc. (HC) a day before the opening of the auction on Saturday 15th May 2015, according to Capital.
Ethiopia: CPDE Earned 81M Birr Net Profit from Export of Agricultural Commodities
Coffee Plantation Development Enterprise (CPDE) said it has secured over 81 million birr net profit from export of coffee and other agricultural commodities during the concluded Ethiopian Fiscal Year.
Speaking in a meeting held in Jimma Town, Oromia State on Monday, 26 August, 2013 to evaluate the past year's performance report and plan of action for the current fiscal year, Enterprise General Manager, Ephrem Mersihe Hazen said the the enterprises earning has exceeds the previous year by 64 million Birr. He said over 34,300 quintals coffee was exported to Belgium, Germany, USA, France, Australia, the Netherlands, Italy and South Africa during the reported period.
