FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Agency Launches Data Management System

Jan 3 , 2021


[ssba-buttons]

The Central Statistical Agency (CSA) has launched an Integrated Management Information System, which will provide aggregated statistical information, during an event held at Liesak Resort in Bishoftu last week. The new system was developed in collaboration with the United Nations Population Fund. The System is expected to provide aggregated statistical information from a single database that is readily available through a user-friendly interface, according to Asalfew Abera, deputy director at the CSA. It has already been implemented in offices in the Amhara, Tigray, Benishangul-Gumuz, Afar, and Southern Nations, Nationalities & People's regional states. The Agency also carried out training on the use of the new system for the offices in the federal, regional and city administration levels of government, which are expected to implement it. The Agency, which collects and compiles data from sample surveys, censuses and administrative records, also provides technical guidance and assistance to government agencies, institutions and individuals in administrative recording, registration and reporting systems.


Radar

Prime Capital Joins ESX, Seeks Securities Dealership Licence

Prime Capital has secured trading membership on the Ethiopian Securities Exchange (ESX) and is pursuing a securities dealership licence to expand its brokerage and investment banking services, according to Head of Business Development and Marketing Fikremarkos. The firm received its trading membership after obtaining an investment banking licence from the Ethiopian Capital Market Authority (ECMA) and meeting all ESX requirements. The licence authorises Prime Capital to execute securities tran...


Radar

Parliament Ratifies Tax Amendment, Assigns PMO to Lead Conciliation, Imposes 10pc Penalty on Late Evidence

The Prime Minister's Office will appoint independent tax conciliators while taxpayers face a 10pc penalty for late evidence under the Federal Tax Administration Amendment ratified by Parliament last week. By shifting the selection of “conciliators” from the tax authority to the PMO, authorities aim to establish a neutral dispute-resolution system to speed up out-of-court settlements. Experts describe the move as a high-stakes reform with notable institutional risks. The legislation, pa...


Radar

ZamZam Bank Registers Shares, Eyes Capital Market Debut

ZamZam Bank has secured approval from the Ethiopian Capital Market Authority (ECMA) to register its shares, becoming the first fully interest-free bank to complete the regulatory process for public trading. The approval covers five million existing shares worth five billion Br and one million bonus shares valued at one billion Br, paving the way for the Bank's future participation in Ethiopia's capital market. ZamZam plans to raise its capital to 15 billion Br and introduce Sharia-compliant i...