The parliament unanimously approved the e-transaction bill that supports the legal framework for the government and private institutions to start offering digital services, mainly e-commerce and e-government services. The 298MPs who attended the session legislated the bill with full support last week in its regular session held at the premises of the Office of the Prime Minister. Drafted by the Ministry of Innovation & Technology, the proclamation, which was in the making for the last year, targets replacing business transactions conducted through paper money with electronic-led transactions. It also included a provision for the formation of a national Digital Economy Council that will be tasked with advising the government on building an economy that is based on digital computing technologies. The new law also hopes to enable the country to practice the sale or procurement of goods or services over computer-mediated networks and involving digital signatures and seals.
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 20 , 2021
Leaders of the warring parties in Ethiopia`s year-old militarised conflict may think...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
November 6 , 2021
Prime Minister Abiy Ahmed (PhD) stood to attention last week and saluted the high mil...
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
October 16 , 2021 . By HAWI DADHI
Residing in a country with no capital market, an organised marketplace for trading se...
August 28 , 2021 . By HAWI DADHI
The streets of Addis Abeba are as varied as they are many, although too many of them have yet to be named. From the narrow alleyways of the...
