JUSTICE DAY

Meaza Ashenafi (left), the President of the Federal Supreme Court, and Birhanu Tsegaye, the Federal Attorney General, stand outside Millennium Hall on September 11, 2019.


JUSTICE DAY

Meaza Ashenafi (left), the President of the Federal Supreme Court, and Birhanu Tsegaye, the Federal Attorney General, stand outside Millennium Hall on September 11, 2019. They were there to celebrate Justice Day. They were part of the large crowd, including high government officials, that attended the event where there was live music as well as speeches by dignitaries.

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Radar

Amendment Expands Access for Foreign Traders

Foreign participation in Ethiopia's wholesale, retail, import, and export trade sectors has come under renewed focus as the Ethiopian Investment Board(EIB) approved a significant amendment to Directive No. 1001/2016  in its meeting on May 23, 2025. The amendment, proposed by the Ethiopian Investment Commission(EIC), focuses on refining the legal framework governing foreign investment in these sectors. The decision is part of a broader strategy to enhance the country's appeal as an investment...


Radar

NBE Sets Four Percent Ceiling on Foreign Exchange Fees

The National Bank of Ethiopia (NBE) issued a new foreign exchange market directive on May 20, 2025, that caps commercial banks' forex service fees at a maximum of four percent. Banks are instructed to adapt competitive, transparent, and streamlined pricing for all forex-related services. Effective May 26, 2025, total charges for purchasing foreign exchange whether for imports, service payments, or cash note purchases must not exceed the newly set limit. The directive also prohibits banks f...


Radar

SantimPay Launches Zero-fee Digital Remittance Platform

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