Ethiopian Business Review

Buying a car continues to be a daunting task in Ethiopia. Because of its unaffordability, many are forced to become commuters. Although there is hope that it would decline soon following the pledge of the government to reduce taxes on new cars, the price keeps on increasing every day. The local assemblers are also not in a position to fill the existing gap as they sell their cars for a price equal, if not higher, compared to the imported ones. The spike in the price of cars is also worsening the income inequality and implies that the value of the local currency is dwindling against the basket of major foreign currencies. EBR’s Kiya Ali reports. 

Monday, 16 September 2019 00:00
Published in Focus
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Taxi-hailing services that use online-enabled platforms to connect passengers and drivers are becoming common in Addis Ababa. With the help of apps, these service providers are enabling customers to hail a cab and allow users to pay flat fare in advance, contrary to the metered taxis. The number of companies that provide such services are now six, an increase from two just three years ago. EBR’s Kiya Ali explores the progress of these companies as well as the challenges facing them.

Monday, 16 September 2019 00:00
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Excise tax contribution to the total tax revenues has been decreasing in the past decade, but this will be reversed very soon. The government is planning to increase excise tax levied on items including tobacco, alcoholic products, and vehicles. Many worry that this would bring unintended consequences, including paving a way for the illegal market to thrive, on top of exposing consumers to higher prices. EBR’s Kiya Ali delves into the subject to offer this report.

Sunday, 15 September 2019 06:00
Published in Focus
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