Revenues Ministry Welcomes New E-Data Stream State Minister

Jul 27 , 2025


[ssba-buttons]

Dawit Wubishet has been officially welcomed as the new E-Data Stream State Minister at the Ministry of Revenues. Appointed by Prime Minister Abiy Ahmed (PhD), his entry was marked by a handover ceremony attended by Minister of Revenue Aynalem Nigussie. Dawit brings a track record of leadership experience and is expected to advance the ministry's digital data systems. Minister Aynalem underscored the growing importance of data-driven governance, expressing confidence in Dawit’s ability to support the government's broader digital transformation agenda. She encouraged him to make full use of his background to deliver on institutional mandates, particularly in strengthening e-data performance across the ministry. She also wished him a productive tenure as he takes the helm  of the ministry's digital overhaul.  


Radar

NBE Expands Diaspora Warning Over Unlicensed Remittance Firms

The National Bank of Ethiopia (NBE) has issued an expanded public warning targeting unlicensed remittance operators abroad, flagging four U.S.-based companies it says are undermining Ethiopia's financial regulations. The warning includes newly disclosed findings and specific cases that underscore growing concerns about illicit cross-border financial activity. Remittance flows remain a vital lifeline for Ethiopia's economy, supporting households and supplying critical foreign currency. But as...


Radar

Stricter Standards Unveiled for Public Auditors, Accounting Firms

The Accounting & Auditing Board of Ethiopia (AABE) has issued a new directive aimed at strengthening oversight and professional standards in the accounting and auditing sector. Grounded in the Financial Reporting Proclamation, the directive addresses long-standing regulatory gaps while preparing the sector for the country's emerging capital market. Key provisions introduce stricter licensing standards for public auditors, professionals permitted to audit public interest entities. Applican...


Radar

Export Recovery Gains Ground, Industry Still Lags Potential

The Ministry of Industry (MoI) has reported a modest rebound in Ethiopia's manufacturing exports, with revenues climbing eight percent in the 2025 fiscal year to reach 318 million dollars. Minister Melaku Alebel attributed the growth to a gradual sectoral recovery but acknowledged the figures remain well below the country's industrial potential. Speaking at a forum held with 60 top-performing manufacturers, Melaku said the ministry is working to unlock bottlenecks and improve coordination. Th...