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Businesses urge policy amendments to boost exports
Spread the NewsBusiness persons, who are engaging in export business, recommended that government should make amendments of polices to boost Ethiopia’s export. The meeting, which was organized by Addis Abeba Chamber of Commerce and Sectoral Associations (AACCSA), held on Tuesday focused on “Challenges and Prospects of the Export Trade”. Shortage of finance, absence of modern…

Bureau reveals new fare rate for minibus taxis
Spread the NewsAddis Abeba City Transport Bureau announced Friday the new taxi tariffs that is to be implemented starting from today, December 17, 2021. The transport price adjustment has been made following seven Birr increment of oil price. Accordingly, the tariff increase on the minibus and Higer Bus fares ranges from 40 cents in a…

Gov’t urges Addis Chamber to hammer on improving ease of doing business
Spread the NewsHassen Mohammed, State Minister of Trade and Regional Integration, urges Addis Abeba Chamber of Commerce and Sectoral Associations (ACCSSA) to hammer on improving Ethiopia’s Ease of Doing Business rank at the global level. Ethiopia ranked 159 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings….

ArifPay launches new approach for SMEs to get loan from banks
Spread the NewsArifPay, a fintech company, has introduced new scheme, which enables Small and Micro Enterprises (SMEs) to get a loan from banks. Those SMEs have been using ArifPay, a digital transaction system — an electronic platform for small shops to manage their sales and modernize their manual inventory system. Accordingly, the SMEs can get…

“We plan to create 100 thousand jobs in five years” An interview with Habtamu Tadesse, Founder and CEO of ArifPay, a fintech company
Spread the NewsHabtamu is also a founder of ZayRide, an app-based taxi-hailing service. ArifPay is a mobile point of sale system which will allow ATM cardholders to make electronic transactions via their smartphones. The company intends to launch M-POS and gateway-related digital financial products. It aims to allow people to use their mobile phones for…

Expert urges US to revisit strategy over revoking Ethiopia from AGOA
Spread the NewsZemedeneh Nigatu, Global Chairman, Fairfax Africa Fund urged that the United States needs to revisit its strategy over revoking Ethiopia from the African Growth and Opportunity Act (AGOA), a quota and duty free trade privilege to African countries. “Whatever policies and strategies the US is trying to achieve by imposing this kinds of…