Ethiopian Business Review

Ethiopia’s Major Tax Revenue Sources in 2011/12

Thursday, 01 November 2012 11:45 Published in Revenue & Custom
Ethiopia’s Major Tax Revenue Sources in 2011/12

Ethiopia’s Major Tax Revenue Sources in 2011/12
Source:ERCA
Illustration by EBR

Ethiopia’s Major Tax Revenue Sources in 2011/12

Thursday, 01 November 2012 11:45 Published in Focus
Ethiopia’s Major Tax Revenue Sources in 2011/12

Ethiopia’s Major Tax Revenue Sources in 2011/12
Source:ERCA
Illustration by EBR

Ethiopia’s Major Tax Revenue Sources in 2011/12

Thursday, 01 November 2012 11:45 Published in Statistics
Ethiopia’s Major Tax Revenue Sources in 2011/12

Ethiopia’s Major Tax Revenue Sources in 2011/12
Source:ERCA
Illustration by EBR

IFMIS is Here

Thursday, 01 November 2012 11:11 Published in Economy & Finance

In mid February 2010, Ministry of Finance and Economic Development (MoFED) representatives attended a workshop in Mombasa, Kenya. The Workshop was about Integrated Financial Management Information System (IFMIS), which MoFED had planned months earlier.

IFMIS, which is expected to raise efficiency, effectiveness and transparency in financial sector has “successfully” finished its pilot phase, after two years. The pilot project, which consumed USD 19 million, had been running under close supervision of MoFED. Since last September, the project has been moving to implement the system in selected ministries, federal agencies and regional bureaus.

Ethiopian Expands East and West

Thursday, 01 November 2012 09:19 Published in Focus

Ethiopian Airlines will extend the Addis Ababa - Bangkok route to Kuala Lumpur on October 31, 2012 with a frequency of three flights per week, the airline said in an email response to Ethiopian Business Review. The airline has also postponed the launching of flight to Sao Paulo, Brazil from its original schedule in December 2012 to March 2013. Ethiopian needs to finalize formalities with the Civil Aviation Authority of Brazil to get regular landing permission at Latin America’s busiest city.

Ethiopian Airlines will be the second African Airline to operate flights to both destinations after South African Airways.

The Economics of Olympic Rank

Thursday, 01 November 2012 09:14 Published in Sport Biz

For most, the Olympics is just a huge sporting event. But for some, it is more than that. Some sport pundits love to compare nations’ status in the Olympic medal table with the level of their global power. At some stage, during the cold war, the relative power of United States and Soviet Union were usually evaluated by the number of (Gold, Silver and Bronze) medals they scored in the Olympics. In the last three Olympics though, it has been China and America competing for the supremacy in the biggest event of the globe.

ERCA Plans Training 1200 Transit Operators

Thursday, 01 November 2012 09:10 Published in Focus

Ethiopian Revenues and Custom Authority (ERCA) is planning training of more than 1200 logistic operators in November, 2012 Ethiopian Business Review learned. Applicants have paid 6528.84 birr each to receive training. Upon completion, the trainees will receive certificate of competence which will make them eligible to get license for transit and logistics services.

The authority set the new training after considering repeated request by importers and exporters.

Awash International Bank Launches New Salary Structure

Thursday, 01 November 2012 07:35 Published in Focus

Awash International Bank (AIB) has set a new organisational structure throughout its head and branch offices. The structure integrates job descriptions and specifications, job grades and titles, salary scale and benefits packages, Ethiopian Business Review learned. The bank has also started grading branches into four classes.

Awash International Bank (AIB) has set a new organisational structure throughout its head and branch offices. The structure integrates job descriptions and specifications, job grades and titles, salary scale and benefits packages, Ethiopian Business Review learned. The bank has also started grading branches into four classes.

Mutualism in Business

Thursday, 01 November 2012 06:30 Published in Focus

BGI-Ethiopia and Ambo Mineral Water have recently come up with a first of its kind cooperation in advertisement in Ethiopia. The companies started a new style to advertise their products side by side in one sign board. This unique style of advertisement has started its function last September 2012 in Butcher’s around Piassa. The companies have also started to use joint advertisement during concerts. One such occasion was a concert at the Lafto Mall recently where Nathnael Ayalew, a young pop star, performed to a large crowd of people.

Page 2 of 3