Authority Estimates Daily Incomes

[Addis Fortune] The Ethiopian Revenue and Customs Authority (ERCA) has assessed the income of 76,081 businesses with the aim of revising the tax rate. The new assessment involves estimating the daily income of businesses.

[Addis Fortune] The Ethiopian Revenue and Customs Authority (ERCA) has assessed the income of 76,081 businesses with the aim of revising the tax rate. The new assessment involves estimating the daily income of businesses.

source: AllAfrica News: Ethiopia

The Less Rewarding Trend of Insurance Regulations in Ethiopia

[Addis Fortune] In Ethiopia, the modern insurance business has no deep-rooted history like in most countries of the world. According to many historians and scholars, the emergence of the modern insurance industry traces back to the pioneer, the former …

[Addis Fortune] In Ethiopia, the modern insurance business has no deep-rooted history like in most countries of the world. According to many historians and scholars, the emergence of the modern insurance industry traces back to the pioneer, the former Bank of Abyssinia, established by Emperor Menelik II in 1905. Thus, the business of insurance has a record of only 112 years in Ethiopia.

source: AllAfrica News: Ethiopia

Museveni Asks Rockefeller Foundation to Support Agriculture

[Monitor] Entebbe -President Museveni has asked the Rockefeller Foundation to support Uganda in the development of a solar-powered irrigation system affordable to smallholder farmers boost food production capacity.

[Monitor] Entebbe -President Museveni has asked the Rockefeller Foundation to support Uganda in the development of a solar-powered irrigation system affordable to smallholder farmers boost food production capacity.

source: AllAfrica News: Uganda

Power – the Bare Essential

[Addis Fortune] Sitting forlornly at the local barber shop, for the occasional trim, I noticed a sign written in Amharic right above one of the numerous mirrors. Roughly translated into English, it reads “We now give services using generators.” Right n…

[Addis Fortune] Sitting forlornly at the local barber shop, for the occasional trim, I noticed a sign written in Amharic right above one of the numerous mirrors. Roughly translated into English, it reads "We now give services using generators." Right next to these printed words, a small handwritten notice informs customers that when generators are in use, the service charge will be five Ethiopian Birr more. To an outsider, the sign is probably unintelligible. For a native, all but a small price to pay for frequent power o

source: AllAfrica News: Ethiopia

Consolidate

[Addis Fortune] With its multi-sectoral interventions, the large multinational digital-industrial company General Electric (GE) has introduced its country office to consolidate its businesses on May 18, 2017. Mulatu Teshome (PhD), president of Ethiopia…

[Addis Fortune] With its multi-sectoral interventions, the large multinational digital-industrial company General Electric (GE) has introduced its country office to consolidate its businesses on May 18, 2017. Mulatu Teshome (PhD), president of Ethiopia (centre), Jay Ireland, president and CEO of GE Africa , and Daniel Hailu, CEO of GE Ethiopia inaugurated the new country office. GE has two decades of business ties with state giants like Ethiopian Airlines, which uses aircraft engines fabricated by the Company, and Ethiopi

source: AllAfrica News: Ethiopia

Iconic Ethio-Cuba Park Gets Facelift

[Addis Fortune] Addis Abeba City Administration is revamping one of the city’s landmarks, Ethio-Cuba Friendship Memorial Park, in two phases with a 36.4 million Br overhaul. The park, which dates back to the 1970s, has been refurbished by the administr…

[Addis Fortune] Addis Abeba City Administration is revamping one of the city's landmarks, Ethio-Cuba Friendship Memorial Park, in two phases with a 36.4 million Br overhaul. The park, which dates back to the 1970s, has been refurbished by the administration to make it more accessible to the public.

source: AllAfrica News: Ethiopia

De Villiers Returns for England Series Opener

[News24Wire] AB de Villiers returns to captain the Proteas in the first One-Day International (ODI) against England at Headingley in Leeds on Wednesday. De Villiers missed the two warm-up matches due to a respiratory tract infection, but has made a sat…

[News24Wire] AB de Villiers returns to captain the Proteas in the first One-Day International (ODI) against England at Headingley in Leeds on Wednesday. De Villiers missed the two warm-up matches due to a respiratory tract infection, but has made a satisfactory recovery for the series-opener.

source: AllAfrica News: South Africa