Legal update
The Impact of NBE’s Circular on Personal Loans: What You Need to Know
The National Bank of Ethiopia (NBE) issued a circular letter asserting that any interest-bearing loan agreement between individuals or companies…
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Legal update
The National Bank of Ethiopia (NBE) issued a circular letter asserting that any interest-bearing loan agreement between individuals or companies…
Legal update
Who does the Directive apply to?The Directive applies to traders engaged in trading graded and value-added export coffee domestically in…
Legal update
The National Bank of Ethiopia (NBE) has issued a directive to attract foreign direct investment by allowing eligible projects to…
Legal update
Influential shareholders in the Ethiopian banking sector are individuals, companies, or institutions that hold directly or indirectly two percent or…
Legal update
Capital gains refer to the profits earned from the sale of business assets such as stocks, bonds, or immovable properties.…
Legal update
The Federal Supreme Court of Ethiopia has ruled that using retained earnings to pay up subscribed capital is not considered…
Legal update
A security right in a movable property is established through a security agreement. The security agreement must be in writing…
Legal update
Understanding the Legal Requirements for Electronic Signatures in Ethiopia In December 2018, Ethiopia adopted the Electronic Signature Proclamation No.1072/2018 in…
Legal update
Reciprocity is an agreement between countries for the endowment of rights and the imposition of obligations on each other’s nationals.…
Legal update
Legal Update on the Revised Property Tax Levied by the Addis Ababa City Administration The land tax, sometimes referred to…
Legal update
The Distinction between a Commercial Agent and a Commission Agent in Ethiopia Both commercial and commission agents are traders that…
Legal update
Is the Declaration of Bankruptcy a Mandatory Requirement to Terminate an Employment Contract due to a Reduction in Work Volume…
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