The National Bank of Ethiopia (NBE) amends the limit of Birr and foreign currency holdings within the territory of the country. The Limits on Birr and Foreign Currency Holding in the Territory of Ethiopia (as Amended) Directive No. FXD/87/2024, “hereinafter the New Directive,” replaces the previous FXD/81/2022 Directive coming into effect on February 22, 2024....Read More

The Federal Democratic Republic of Ethiopia (FDRE) Ministry of Agriculture is currently in the final stages of releasing a directive that aims to regulate contractual arrangements between producers and contractors. This directive is aimed at executing the Agricultural Production Contracts Proclamation No. 1289/2023. Once approved, the directive will govern the tripartite relationship involving agricultural producers,...Read More

The Federal Authority for Civil Societies Organizations (ACSO) in Ethiopia has issued Directive No. 986/2024, outlining key procedures for the registration and administration of foreign civil society organizations operating within the country. This marks a significant step towards clarifying existing ambiguities and establishing a more cooperative environment for foreign CSOs to contribute to Ethiopia’s development....Read More

DABLO Law Firm LLP’s Deputy Managing Partner, Bruk Geremew, will be attending the 2024 MEASA Conference in Dubai, UAE, on the 22nd and 23rd of February 2024. This marks the Firm’s first Alliott Global Alliance® conference participation since its membership at the end of last year. If you would love to connect at the Conference,...Read More

The Ethiopian Ministry of Finance issued a Directive to Provide Rules on Transfer Pricing, Directive No. 981/2024, establishing clear rules on transfer pricing. This landmark Directive aims to enhance tax fairness and transparency by ensuring transactions between related parties are conducted at arm’s length, reflecting market conditions. The Directive draws its authority from the Federal...Read More