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City Reports Strong Half-Year Tax Performance, High On-Time Compliance


City Reports Strong Half-Year Tax Performance, High On-Time Compliance

Addis Abeba City Administation has reported 162.72 billion Br in taxes during the first half of the fiscal year, with 95pc paid on time, Mayor Adanech Abebe told the City Council during its fifth-year, second regular session. The figure represents 92.4pc of the target. The city  had planned to raise 176.03 billion Br in annual revenue, up by 51.12 billion Br, a 45.8pc rise from the same period last year. Capital spending accounted for 70.14pc of the 148.9 billion Br total expenditure. The city allocated 18.72 billion Br in direct social subsidies and spent 55.7 billion Br on student meals, uniforms, health insurance and transport, marking a 59.7pc increase. Under a strengthened complaints and service monitoring system, 282 workers faced administrative and legal action for theft and corruption. Authorities also charged 7,678 tax-evading businesses involved in goods distribution using 2,261 trucks, supported by digital monitoring tools. A study of African cities cited Addis Ababa as a leader in revenue collection and budget utilisation.

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Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


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MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


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Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...