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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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Addis Ababa Enterprises Tap 3.8b Br in Loans

More than 16,000 enterprises benefited from market linkages worth over 20 billion Br generated by Addis Abeba's Enterprise & Technology Development sector during the 2026-2027 fiscal year. Financing support reached nearly 8,000 enterprises, which accessed more than 3.8 billion Br in loans. Enterprises also generated six billion Birr in savings. More than 14,000 enterprises received industrial extension and technology support. The sector replicated and transferred 241 of the 295 problem...


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Zambia Airways Taps Aman Wole for Growth Drive

Zambia Airways has appointed Aman Wole Gurmu as Chief Executive Officer (CEO), bringing in an Ethiopian Airlines executive with more than 19 years of experience in airline leadership, commercial strategy, sales, market development and strategic partnerships. Aman held several senior positions at Ethiopian Airlines, including Regional Director for Mainland China and Mongolia, Regional Director for France and the Maghreb, Area Manager for Zambia and Director of Sales in Addis Abeba. The Zamb...


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Grade 11 Takes On 11 Vocational Programs

Grade 11 students will begin work- and practice-based vocational training in the 2026/27 academic year under a new initiative covering 11 fields. The programmes span building electrical installation, plumbing, metal technology, automotive technology, garment technology, hotel services, hair and beauty services, food preparation, software development, crop production and healthcare services. They are designed to provide practical skills and knowledge relevant to employment and career opportuni...