(ENA) Ethiopia and Switzerland inked today a double taxation avoidance agreement. The agreement is aimed at encouraging investors from Switzerland to allot finance on development works and improving the participation of Ethiopian business people in Swiss market, according to Finance Minister Ahmed Shide. Moreover, the double taxation avoidance agreement will encourage foreign investment and prevent tax […]
Business
Accuracy has been verified for 1,620,180 measuring instruments to ensure the benefit of the consumer and business community.
(MOTI) – A total of 1,620,180 measuring instruments have been certified in the 2013 Ethiopian budget year to ensure the accuracy of legal measuring instruments and to benefit the consumer and business community. During the fiscal year, it was planned to verify the accuracy of 1,517,424 measuring instruments, of which 1,620,180, including 358,270 different scales […]
The consumer community’s demand for domestic products is growing.
(MOTI) – The government is making great efforts to achieve its economic transition from agriculture to industry. As a result, many local and foreign investors have joined the manufacturing industry. Using the attention given to the sector, investors in the textile and garment sector are now producing and marketing quality products. State Minister for Agro-Processing […]
Ethiopia is one of the top 100 countries in the World Bank’s 159th Ease of Doing Business Improvements.
(MOTI) – The World Bank will issue a ranking report of 190 countries in accordance with the Ease of Doing Business Program, which was launched in 2002 to improve trade efficiency. This level is designed to reflect the countries’ ability to do business in detail, and is indicative of the country’s attractiveness for trade and […]
89,248.8 tons of soybean and palm oil were supplied to alleviate the shortage of inputs by oil factories.
(MOTI) – Efforts are underway to increase the number of oil refineries and production capacity in the country in order to alleviate the problem of imbalance in the supply and demand of edible oil. In order to alleviate the shortage of raw materials and fill the gaps in the supply of edible oil, 89,248.8 tons […]
Japan Extends 120 Mln Birr Worth Food Assistance
(ENA) Ethiopia and Japan have signed and exchanged notes on the Grant Aid for Economic and Social Development Program (provision of rice) amounting to 120 million Birr today. Finance State Minister, Yasmin Wohabrebbi and Ito Takako, Ambassador of Japan to Ethiopia have signed the agreement. Finance State Minister, Yasmin said the support is aimed at […]