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Addis Ababa, Ethiopia. Minister responsible. Melaku Abel. Child agency. Ministry of Trade and Regional Integration. Website. iaip .gov .et /industry /. The Ministry of Trade and Industry ( Amharic: የኢትዮጵያ የንግድና የኢንዱስትሪ ሚኒስቴር) is an Ethiopian government department responsible for the oversight of the ...
The economy of Ethiopia is a mixed and transition economy with a large public sector. The government of Ethiopia is in the process of privatizing many of the state-owned businesses and moving toward a market economy. [25] The banking, telecommunication and transportation sectors of the economy are dominated by government-owned companies.
The Commercial Bank of Ethiopia ( CBE) is the largest commercial bank in Ethiopia. As of June 2021, it had about 1.1 trillion birr in assets and held approximately 67% of deposits and about 53% of all bank loans in the country. The bank has around more than 35,000 employees as of June 2022, who staff its headquarters and its over 1000+ branches ...
Over 20% of all tax revenue in Ethiopia is derived from business profit tax, and 62% of all direct taxes consist of business taxation. Tax burden in Ethiopia has been shown to fall unequally among firm sizes; a study from 2019 found that "small firms face the highest tax burden, the largest firms still pay more than middle‐sized firms do."
Employees. 18,000 (November 2023) [21] Website. www .ethiopianairlines .com. Ethiopian Airlines ( Amharic: የኢትዮጵያ አየር መንገድ, romanized : Ye-Ītyōṗṗyā āyer menged ), formerly Ethiopian Air Lines ( EAL ), is the flag carrier of Ethiopia, [30] [31] and is wholly owned by the country's government. EAL was founded on ...
This is a list of government-owned companies of Ethiopia. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.
Mining in Ethiopia. Microcline from the Kenticha mine, Oromia Region, Ethiopia. Mining is important to the economy of Ethiopia as a diversification from agriculture. Currently, mining comprises only 1% of GDP. Gold, gemstones (diamonds and sapphires), and industrial minerals are important commodities for the country's export-oriented growth ...
Location of Ethiopia. Ethiopia is a country located in the Horn of Africa. According to the IMF, Ethiopia was one of the fastest-growing economies in the world, registering over 10% economic growth from 2004 through 2009. It was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008.