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Dire Dawa Inaugurates 80m Br Transport Terminal

Jul 24 , 2021

The Dire Dawa City Administration inaugurated a transport terminal that cost an estimated 80 million Br to build this past week. The bus terminal rests on 39,000sqm of land and the construction took a total of two years to complete. Officials cite that the terminal has the capacity to serve over 80,000 travellers daily and ease congestion. Dire Dawa is one of the largest cities in Ethiopia with a population of close to 400,000. It has long been a centre of trade and is currently one of the main stops on the Addis Abeba-Djibouti railway.

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Electricity Bills Get the VAT Jolt

The new Value Added Tax (VAT) has begun implementation on electricity consumption and various service fees affecting customers who use more than 200 kilowatt hours of electricity per month. Based on a directive from the Ministry of Finance, the tax will be applied to the excess amount of electricity consumption above 200 kilowatt hours. The Ethiopian Electric Utility (EEU) began implementing the VAT on bills starting from November though both prepaid and postpaid customers will have to pay V...

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Gadaa Bank Expands Reach, Faces Lending Constraints

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Oromia Bank's Branch Expansion Weighs on Profits

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