City Revenues Bureau, Ethio telecom Ink Telebirr Tax Platform Deal

Jul 23 , 2022


[ssba-buttons]

The Addis Abeba Revenues Bureau has partnered with the state-owned Ethio telecom to enable small businesses to pay taxes through the latter's mobile money platform. The Bureau categorises around 300,000 small businesses with less than half a million Birr in annual turnover under category 'C'. The Bureau has been implementing an e-filing system beginning last November for around 1,000 'large taxpayers,' classified as businesses having annual turnover above 40 million Br. A statement from Ethio telecom discloses that close to 700 category 'C' taxpayers have settled around four million Birr in taxes through its Telebirr mobile money platform since the feature was introduced earlier this month. Telebirr has garnered more than 20 million subscribers and facilitated transactions valued at 15 billion Br since it was launched in May 2021.


Radar

Bank of Abyssinia Signs Partnership with Droga Cooperative

Bank of Abyssinia has entered into a partnership agreement with Droga Health & Financial Savings and Credit Cooperative to provide financial support and services for its members. The agreement was signed yesterday at the Bank's headquarters. The deal aims to strengthen collaboration between the two institutions, enabling cooperative members to access tailored banking services. It was signed by Wosenyeleh Abera, Deputy CEO for Customer Relations and Marketing at the bank, and Zelalem Yilma...


Radar

Wegagen Introduces Real Time SWIFT Tracking

Wegagen Bank has launched a new mobile app feature enabling customers to track international SWIFT payments in real time. The bank is the first in Ethiopia to introduce an online SWIFT payment tracking system. By integrating SWIFT Global Payment Innovation, customers, particularly those involved in import-export trade, can monitor cross-border transactions using a Unique End-to-End Transaction Reference (UETR) directly from their smartphones. To use the service, customers select the SWIFT...


Radar

National ID, Zambia Partners to Expands Program Reach

The National ID Program has signed an agreement with Zambia's counterpart to provide consulting services for the development of software that will issue digital IDs. It is the first time the institution has extended its expertise beyond national borders, a sign of growing recognition for its rapid progress. Program officials described the partnership as a milestone in their effort to position themselves as a regional player in digital transformation. The collaboration is expected to center...