NEWS: Ethio Telecom Lists on the Ethiopian Securities Exchange
NEWS: Ethiopia’s US$880 Million Eurobond Restructuring Proposal Rejected
NEWS: Ethiopia: NBE Digitizes Franco Valuta Imports Under a Unified legal Framework
NEWS: Diaspora Bank Customers Get Temporary Fayda Exemption After Account Restrictions
NEWS: Telegram Wallet Suspends ETB Crypto Trading From June 2
NEWS: NBE Sets $200mn June FX Auctions as Birr Reform Continues
NEWS: Semera SEZ Secures Four Firms as Afar Salt Cluster Expands
NEWS: Ethiopia to Require Digital Competency Tests for All Drivers
NEWS: ECA Finalises Africa EV Roadmap as $46tn Market Opens
NEWS: Ethiopia Removes 49% Foreign Ownership Cap in Freight Forwarding
Regulations - Transport

Addis Ababa to Fine Taxis and Regulate Business Hours Under New Citywide Directive

Apr 11, 2025
Addis Ababa to Fine Taxis and Regulate Business Hours Under New Citywide Directive
  • Taxis that do not operate until 10:00 PM in Addis Ababa will face a fine of 5,000 birr
  • Banks are also now required to remain open until 9:30 PM, a significant extension from the previous closing time of 5:00 PM
  • commercial and service-providing businesses located along major roads remain open until 9:30 PM