State Telco, Transport Ministry to Ink Fuel Deal

Jul 2 , 2022


The state-owned Ethio telecom and the Ministry of Transport & Logistics are set to officialise a deal that would see transport vehicles use the former's mobile money platform to pay for fuel at gas stations. Federal transport authorities have identified a quarter of a million vehicles providing public transport services that are set to continue receiving fuel subsidies for the coming five years. All other vehicles will see subsidies lifted off next financial year, paying full price at pumping stations by next July. Transport vehicles will receive a personal identification number (PIN) code that allows them to pay at gas stations using Telebirr, where data on vehicles and their owners is stored. Hundreds of transport providers had registered on the platform by the middle of last month.


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Parliament Overhauls Three Key Sectors

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CBE Hits Deposits Record

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Revenue Bureau Cracks Down on Alleged Tax Evaders

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