June 12 , 2021
The Ministry of Revenues signed an agreement to establish an electronic tax payment system with four private commercial banks – Awash, Dashen, Hibret and Berhan – on June 9, 2021. The Ministry started the initiative two years ago and has so far inked deals with five banks and the Information Network Security Agency. The electronic system is expected to help do away with the inconveniences associated with filing and paying taxes as well as improve collection. According to data from the Ministry of Finance, the contribution of Ethiopia’s tax revenue to its GDP was just 9.8pc in the 2018/2019 fiscal year. The venture is also hoped to play its part in avoiding delays and the subsequent penalties associated with late tax payments. The state-owned Commercial Bank of Ethiopia was the first to sign up for the electronic system two years ago.
September 18 , 2021
It could be customary to wish well for the holiday seasons. If only the New Year cele...
September 10 , 2021
What dominates a customary display of festivities during Ethiopia`s New Year weeks is...
September 4 , 2021
Ethiopia has become a familiar topic at the United Nation’s Security Council, a pow...
August 28 , 2021
The Central Statistics Agency (CSA) finally has an easily navigatable and pleasant lo...
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...
August 7 , 2021
There are a few without an opinion on Ethiopia’s federal structure, which is arranged along lingo-cultu...
July 24 , 2021
There was an alarming increase in the price of Teffin August 2017. It suddenly skyrocketed from 2,000 Br...
June 26 , 2021 . By HAWI DADHI and SAMUEL BOGALE
This past Monday was the second time Belay Zerihun, a second-time voter, has had to stand in a long queue...
