Legal Updates

June 24, 2024

VAT Exemptions Revised in Ethiopia by the Ministry of Finance

A new directive has been issued by the Ministry of Finance, giving a new direction on the treatment of items exempt from Value Added...

June 18, 2024

Breaking down the Addis Ababa City New Residential Housing Rent Control and Administration Directive

The Addis Ababa City Administration has issued a directive (Directive No. 7/2024) governing the administration and supervision of the rental of residential houses in...

June 17, 2024

Draft Banking Proclamation Allows Foreign Participation in Ethiopia

Major changes are coming to the Ethiopian banking sector as the Council of Ministers approved a draft banking proclamation in its 35th ordinary meeting...

May 14, 2024

Legal Update on the Special Economic Zone Proclamation No. 1322/2024

Download the PDF version of the full Legal Update here:Download Throughout the years, the development and implementation of aspects of industrial parks have been...

February 25, 2024

Agricultural Production Contracts Directive Awaiting Approval

The Federal Democratic Republic of Ethiopia (FDRE) Ministry of Agriculture is currently in the final stages of releasing a directive that aims to regulate...

February 21, 2024

Ethiopia Streamlines Foreign Organizations Registration and Administration with New Directive

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...

December 4, 2023

Ethiopia’s Tech Scene: Poised for Takeoff with the Start-up Proclamation?

Across Africa, young innovators are wielding tech like a wand, tackling problems from finance to healthcare with fresh, digital solutions. Fintech platforms are streamlining...

October 26, 2023

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 other than financial institutions...

October 13, 2023

Important Legal Update: Directive No. 975/2023 – Selling Graded and Value-Added Export Coffee in Foreign Currency Within Domestic Markets

Who does the Directive apply to?The Directive applies to traders engaged in trading graded and value-added export coffee domestically in foreign currency. What is...

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