The Ethiopian Ministry of Mines and Petroleum said it is finalizing a first-ever petroleum policy that will be used for the coming fifteen years. Beginning with exploration of petroleum, to importing petroleum and its consumption at the national level, the policy puts forward general directions.
Three garment companies, Jay Jay Mills, Shints ETP Garment, and Kanoria Africa Textiles PLCs, were given recognitions today by the Ministry of Trade (MOT) for their success in achieving 134 – 145 % of their goals and for generating big amount of foreign currency.
The Ethiopian Ministry of Culture and Tourism, in a second round of hotel star ratings since 2015, has given a star rating of one to four to 88 hotels throughout Ethiopia.
The Ethiopian Ministry of Revenues held a discussion forum with manufacturers on the draft excise tax proclamation. The new excise tax draft proclamation has been submitted to the House of Peoples’ Representatives for approval.
The Ministry of Trade and Regional Integration has announced a new increase in retail fuel prices effective from May 08, 2025. E.C.
