Hikmet to Address Ethio-American Finance Professionals in Virginia


Hikmet to Address Ethio-American Finance Professionals in Virginia

Ethio-American finance professionals gathered in Virginia, United States, to discuss Ethiopia's accounting and audit laws, with the prospect of the country launching a capital market. The Director General of the Accounting & Audit Board, Hikmet Abdella, is expected to appear and deliver the keynote speech at an event planned for Sunday, December 18, 2022. Hikmet is a board member of the newly established Capital Market Authority; she is expected to discuss the progress of the new reforms with the finance professionals in the Diaspora. The Ethio-American Society of Finance Professionals (ESFP), an organisation aiming to address the accounting, auditing, and finance profession, organised the discussion under the theme "bringing the finance professionals one step ahead." The association was established in 2016 with 10 members, eventually growing to 100 registered members. Through the years, it has created a networking platform where diaspora finance professionals can share information while guiding young professionals to navigate their newfound careers. Presentations and discussions on financial wellness, stock markets and changes in the US tax laws are expected to be addressed at the event.


Radar

High-Level Event Aims to Address Humanitarian Crisis

Development partners and government officials are expected to discuss improved humanitarian responses at a crucial event in Geneva, Switzerland this week. Co-hosted by the Ethiopian government and the UN Office for the Coordination of Humanitarian Affairs (OCHA), the primary goal is to secure pledges from both development partners and the government, according to officials. Millions face hardship due to conflicts, economic downturns, climate shocks, and disease outbreaks, according to a UN st...


Radar

Foundation Announces Up to $2.5m Grants for Agribusinesses

Small and medium enterprises (SMEs) in the agricultural sector are poised for financial support as the Mastercard Foundation Fund pledges to award grants over the next three years. The Agribusiness Challenge Fund will award grants ranging from half a million dollars to 2.5 million dollars to qualifying businesses in Ethiopia and 19 other countries. According to Smita Sanghrajika, an engagement partner at the Foundation, agribusinesses have lacked the financial resources needed to scale up and...


Radar

Document Authentication Service Gets Fee Revamp

The Council of Ministers approved a new regulation for the Federal Document Authentication & Registration Service last week which introduces a two-tier fee structure for citizens and foreigners, with an overall increase. Beginning at 100 Br for citizens seeking document authentication for an assigning agency of single documents, the ceiling goes up to 500 Br while foreigners pay double these rates. Implementation of the new fees began this week. These changes come alongside a digitisat...


Back
WhatsApp
Telegram
Email