FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo

Oromia State's Tax Revenues to Double Through Landmark Ethio telecom Deal

Jun 22 , 2023

A new partnership with Ethio telecom is hoped to more than double revenues for the Oromia Regional State. The Oromia Regional Revenue Bureau partnered with Ethiopia's leading telecom provider, Ethiotelecom, leveraging the Telebirr digital platform. The Bureau aims to rake in tax revenues exponentially in the next fiscal year.

The partnership is an ambitious undertaking that merges Ethiopia's push for digitization with the country's expansive taxation agenda. According to Meskerem Debebe, head of the Oromia Regional Revenue Bureau, the objective is to accrue a formidable 130 billion Br in the next year, signalling a significant 55.3pc surge compared to previous collections.

The Bureau's tax collection through the Telebirr platform has been off to a promising start since its launch in June this year. Within the first two weeks, it registered more than 39,251 transactions, cumulatively yielding over 44 million Br.

Ethiotelecom's Chief Mobile Money Officer, Biruk Adhana, described the extent of the new tax collection infrastructure, which now seamlessly incorporates the Telebirre system. With this integration, 409 tax collection centres spanning across 23 towns, 42 districts, 21 zones, and 323 woredas have become part of this digital network. The system is not only intended for domestic taxation.

Four customs revenue stations, in West Arsi (Shashemene), West Harergie (Bordade), East Harergie (Aweday, Babile, Dhegago, and Gursum), and South West Shewa (Teji), will also be utilizing the platform for more streamlined collection procedures.

Put your comments here

N.B: A submit button will appear once you fill out all the required fields.



Related Posts

Share This Post
Linkedin
Google+


Most read

Latest News

Editor's pick

Commentaries

Getting Debt Sustainability Right in Developing Countries

A slowing global economy, rising trade tensions, and increased risks of recession co...

Foreign Aid Looks Good Now That It's Gone

When Joni Mitchell sang the line "Don't it always seem to go, that you don't know wha...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...

Editorial

A Country on Life Support Must Not Neglect Its Healers

May 24 , 2025

Public hospitals have fallen eerily quiet lately. Corridors once crowded with patient...

Researchers Churn Out Studies by the Ton. Quality Checks are Causality

May 17 , 2025

Ethiopia pours more than three billion Birr a year into academic research, yet too mu...

Ethiopia's Aid Reckoning Demands a Homegrown Rescue Plan

May 10 , 2025

Federal legislators recently summoned Shiferaw Teklemariam (PhD), head of the Disaste...

When Pension Funds Nap Inflation Steals the Blanket

May 3 , 2025

Pensioners have learned, rather painfully, the gulf between a figure on a passbook an...

Gallery

Parliament Approves New Cabinet Members

Oct 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

Jan 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

Sep 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

Dec 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

Apr 26 , 2019

Sunday With Eden

The Subtler African Stories Lodged in Luxury

Every family has its ritual, one that bookmarks the year and brings everyone back to...

Drowning in Someone's Storm

Friendship is supposed to be a two-way street; a bond built on mutual respect, trust, and support. But when that dynamic shift, and the frie...

Life Matters

Healing the Healers

Reliable information about the recent strike by health professionals in Ethiopia has proven elusive. The public discourse is muddied by sens...

Gambling on Survival

Sometimes it feels like the world has turned into a high-stakes lottery. The kind where everyone is expected to become a millionaire overnig...