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Petit Cadeau (small gift)

Petit Cadeau (small gift)

(right) Catherine Colonna, French foreign minister, Semereta Sewasew, state minister for Finance, Roland Kobia, EU ambassador (left). The French Development Agency granted 28 million euros to Ethiopia for agricultural assistance and electric facility restoration at the French Embassy last week.  Ethiopia's agricultural sector contributes 80pc of exports and 40pc of the domestic GDP. Coffee is the number cultivated crop, followed by pulses and khat. The sector employs close to 70pc of the labour force, according to data from the ILO. Agriculture has been the ground for political revolutions 'land to the tiller' and will offshoot economic revolution if managed right.

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Somali Region Advances Budget Independence as Revenues Rise

Somali Regional State is moving closer to fiscal independence, with nearly half its budget now funded locally. Officials point to rising agricultural output and stronger tax enforcement as key drivers behind growing revenues. The region plans to cover 32.5 billion Br from its own resources in the upcoming fiscal year. Communication Head Mohammed Abdi credited last year's tax collection of 18 billion Br, exceeding the 17 billion Br target, to agriculture, khat, and other taxable goods. The reg...

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Environmental Protection Authority Shuts Down Polluters

Addis Abeba's Environmental Protection Authority (EPA) has taken enforcement action against 3,249 manufacturers and service providers found violating environmental standards in the 2024/25 fiscal year. The violations, ranging from air and noise pollution to improper waste disposal, were identified during inspections of 14,872 businesses citywide. Penalties included warnings and closures, with shutdown orders issued to six plastic factories, 23 block factories, a soft paper plant, 102 nightclu...

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Ministry Mandates Full Electronic Clearance for Top Taxpayers

Taxpayers under the Ministry of Revenues' Medium No. 1 branch will have to ditch paper filings and switch entirely to the e-Clearance system for non-audited services starting August 1, 2025. The mandate, routed through the Ministry's e-filing portal, is pitched as part of a broader push to modernise tax administration and advance the government's digital agenda. Officials say the platform lets users process clearance requests remotely via the Fayda national ID, cutting out manual paperwork. A...

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