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Ethiopia: Parliament Approves Customs Law Amendmen…

Jun 9, 2026 | 2M Editor | Import and Export

Ethiopia: Parliament Approves Customs Law Amendment Introducing Vehicle Confiscation and Higher Fines for Contraband

The House of Peoples’ Representatives has approved a major amendment to Ethiopia’s Customs Proclamation, introducing tougher penalties against contraband trade, including the confiscation of vehicles used to transport illicit goods.

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Ethiopia: Council of Ministers Refers Birr 2.34 Tr…

Jun 9, 2026 | 2M Editor | Banking and Finance

Ethiopia: Council of Ministers Refers Birr 2.34 Trillion Federal Budget Draft to Parliament

The Council of Ministers has referred the draft Federal Government budget for the 2026/27 fiscal year to the House of Peoples’ Representatives, proposing a total allocation of Birr 2.34 trillion.

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Ethiopia: ECMA Licenses United Capital Financial S…

Jun 9, 2026 | 2M Editor | Capital Market and Commodity Exchange

Ethiopia: ECMA Licenses United Capital Financial Services as Ethiopia’s First Foreign Investment Bank Subsidiary

The Ethiopian Capital Market Authority (ECMA) has granted a Capital Market Service Provider license to United Capital Financial Services PLC, making it the first foreign investment bank to establish a...

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Kefi Gold & Copper Advances Ethiopia’s Tulu Ka…

Jun 8, 2026 | 2M Editor | Energy and Mining

Kefi Gold & Copper Advances Ethiopia’s Tulu Kapi Project Despite 2025 Loss

Kefi Gold & Copper PLC reported a pretax loss for 2025, despite stating that the company is now entering a major transition phase as its flagship Tulu Kapi gold project...

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Ethiopia: Domestic Manufacturers to Receive Four Y…

Jun 8, 2026 | 2M Editor | Manufacturing

Ethiopia: Domestic Manufacturers to Receive Four Year Free Access to Selected Special Economic Zones

The Industrial Parks Development Corporation has introduced a new policy measure aimed at supporting domestic manufacturers by offering reduced service fees and four years of free access to selected special...

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