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Ethiopian to Receive Bombardier

Oct 23 , 2018

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Ethiopia Airlines is set to get a new Bombardier aircraft from Chorus Aviation Capital (CAC), an aircraft leasing company. Chorus provided Ethiopian with two Bombardier aircraft a year ago. “We are very pleased to build upon our relationship with Ethiopian Airlines as they grow their portfolio of leased aircraft with Chorus Aviation Capital,” said Steve Ridolfi, President of Chorus Aviation Capital. Chorus Aviation Capital now includes 13 lessees in 13 countries, two of which are based in Africa. With this latest transaction completed, Chorus will have a total of 81 aircraft on lease throughout the world. The company was only just established on January 4, 2017

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Somali Region Advances Budget Independence as Revenues Rise

Somali Regional State is moving closer to fiscal independence, with nearly half its budget now funded locally. Officials point to rising agricultural output and stronger tax enforcement as key drivers behind growing revenues. The region plans to cover 32.5 billion Br from its own resources in the upcoming fiscal year. Communication Head Mohammed Abdi credited last year's tax collection of 18 billion Br, exceeding the 17 billion Br target, to agriculture, khat, and other taxable goods. The reg...

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Environmental Protection Authority Shuts Down Polluters

Addis Abeba's Environmental Protection Authority (EPA) has taken enforcement action against 3,249 manufacturers and service providers found violating environmental standards in the 2024/25 fiscal year. The violations, ranging from air and noise pollution to improper waste disposal, were identified during inspections of 14,872 businesses citywide. Penalties included warnings and closures, with shutdown orders issued to six plastic factories, 23 block factories, a soft paper plant, 102 nightclu...

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Ministry Mandates Full Electronic Clearance for Top Taxpayers

Taxpayers under the Ministry of Revenues' Medium No. 1 branch will have to ditch paper filings and switch entirely to the e-Clearance system for non-audited services starting August 1, 2025. The mandate, routed through the Ministry's e-filing portal, is pitched as part of a broader push to modernise tax administration and advance the government's digital agenda. Officials say the platform lets users process clearance requests remotely via the Fayda national ID, cutting out manual paperwork. A...

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