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Ethiopia Commodity Exchange adds five more commodities to its trading floor to increase agricultural exports.

Ethiopia Commodity Exchange adds five more commodities to its trading floor to increase agricultural exports.

by | Feb 25, 2022 | Business

The commodities are grass pea, black cumin, coriander, black pepper, and yellowish & greenish fenugreek. ECX aims to secure additional funding, ensure quality items, help address the illegal trading schemes of spices, and secure payments for 1.1 million spice...
The Ministry of Finance decided to exempt tax and tariffs levied on some basic food commodities in an effort to control inflation and stabilize the market in Ethiopia.

The Ministry of Finance decided to exempt tax and tariffs levied on some basic food commodities in an effort to control inflation and stabilize the market in Ethiopia.

by | Sep 7, 2021 | Business

Eyob Tekalegn, the State Minister of Finance, told reporters on Sept 03 that the decision was made in order to contain rising inflation and stabilize the market. Wheat, edible oil, sugar, and rice are the only commodities that completely tax and tariff-free. According...

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