Birr Metrics - Business and Financial News on Ethiopia's Dynamic Business Ecosystem

Ethiopia Seeks to Break Central Bank Borrowing Habit Amid Reform Push

Ethiopia’s government is taking steps to wean itself off borrowing from the central bank, a move aimed at promoting economic stability and growth. Fitsum Assefa (PhD), Minister of Planning and Development, said in a meeting on Monday that the government has not taken any direct advances from the National Bank of Ethiopia (NBE) this quarter. […]

Central Bank Empowers Exporters, Enables Indefinite Retention of 50% Forex Earnings

Ethiopian Airlines’ Air Congo Venture Takes Off with Plane Painting

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How Much Are Electric Vehicles Taxed in Ethiopia Now?

Tax Evasion Crackdown Puts merkato Traders in a Trap: Comply and Lose, or Refuse and Risk Prison

Google Play Opens Up to Ethiopian Developers, Boosting Digital Economy Hopes

Ahadu Bank: Profit in the Face of Adversity

City Glows but Questions Linger

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The Slow Fade of the Lada

Tax Tsunami Threatens Beverage Industry’s Bottom Lines

Burgeoning Tax Burden Strains Residents, Businesses

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Birrmetrics Magazine- Vol.1- Edition 6

Birrmetrics’ September 2024 edition is now available. This issue provides a timely examination of Ethiopia’s recent shift to a floating exchange rate for its currency, the birr. As of July, the country moved away from pegging the birr to a basket of currencies. Birrmetrics’ journalists delve into the short- and long-term implications of this monumental monetary policy change. Their analysis considers effects on inflation, commodity markets, trade, and more.