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Commission Reports Strong Revenue Growth, Contraband Seizures


Commission Reports Strong Revenue Growth, Contraband Seizures

The Ethiopian Customs Commission has collected 600.23 billion Br in revenue over the past ten months, slightly exceeding its target of 598.8 billion Br and achieving 100.22pc performance. Commissioner Debele Kabeta (PhD) said the result reflects a 75.3pc year-on-year increase, equivalent to an additional 258 billion Br compared to the same period last year. He attributed the growth to ongoing macroeconomic reforms and strengthened tax compliance measures. The Commission also reported intercepting contraband goods worth 23.1 billion Br, preventing losses linked to illegal trade. Officials said the performance reflects improved revenue collection and a stronger contribution to national income.

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Ethiopia, Djibouti Explore New Petroleum, Gas Pipeline Network

Djibouti President Ismail Omar Guelleh held talks with Brook Taye, head of Ethiopian Investment Holdings (EIH), over planned cross-border energy infrastructure projects linking the two countries. During a meeting held in Djibouti on Wednesday, Brook said Ethiopia and the Dangote Group are preparing to jointly implement a two-phase energy corridor project with Djibouti. The first phase focuses on constructing a pipeline that would transport refined petroleum products from the Port of Djibou...


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Addis Abeba Relaxes Procurement Restrictions to Prevent Health Crisis

The Addis Abeba Finance Bureau has partially lifted its city-wide procurement freeze, exempting life-saving medical supplies from a fourth-quarter spending ban. The bureau had earlier imposed a sweeping restriction on municipal expenditure to enforce fiscal discipline and curb end-of-year budget pressures across public institutions. However, the blanket freeze raised concerns within the health sector, with hospitals warning of shortages in essential supplies. Officials acknowledged that re...


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Lawmakers Warn Contractors Over Cost Overruns, Project Delays

The Standing Committee for Urban, Infrastructure & Transport Affairs of the parliament has urged stricter enforcement of timelines, budgets, and quality standards in public construction projects across the country. The recommendation followed field inspections conducted by the committee at several sites overseen by the Ethiopian Construction Authority(ECA), including developments at the Federal Supreme Court, the Federal Documents Authentication and Registration Service (DARS), the Ethiop...