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Ethiopia to amend income tax proclamation
Addis Ababa, May 6, 2016 (FBC) – A new draft bill has been prepared to amend the existing income tax proclamation. The income of the community, the country’s existing reality…
Disruptive innovation: The most viable strategy for economic development in Africa
Without question, Africa is the poorest region in the world. The chart below shows the growth of gross domestic product (GDP) per person – an imperfect but widely used measure…
Corporation, Chinese firms ink agreement for construction of Mekelle, Kombolcha industrial parks
Addis Ababa, May 5, 2016 (FBC) – Ethiopian industry parks development corporation has signed today an agreement with two Chinese firms to begin the construction of Mekelle and Kombolcha industrial…
EU sponsors dev’t of business centers at AAU
Addis Ababa, May 4, 2016 (FBC) -The European Union (EU) delegation to Ethiopia is sponsoring the creation of the Ethio-European International Business School (EEIBS) and the Ethio-European Business Innovation Centre…
Ethiopia inflation dips to 7.4 pct in year to April – stats office
Addis Ababa, May 3, 2016 (FBC) – Ethiopia’s year-on-year headline inflation edged lower to 7.4 percent in April from 7.5 percent the previous month. According to a statement the Ethiopian…