Meskel Flower, Duki Building
Bole, Addis Ababa, Ethiopia.
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Alternative Minimum / Turnover-Based Minimum Tax in Africa: How Ethiopia’s AMT Compares.
- November 3, 2025
- Posted by: Samson
- Categories: Featured Articles, Finance & accounting
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Ethiopia’s Alternative Minimum Tax (AMT), effective July 8 2025, marks a structural shift in African corporate taxation. Set at 2.5 percent of turnover, it ensures that companies contribute a baseline tax even when incentives or losses reduce their profit-based liability. This makes Ethiopia’s AMT one of the highest minimum-tax floors in Africa, exceeded only by Sierra Leone’s 3 percent rate.
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A New Era for Ethiopian Banking: A Detailed Look at the NBE’s Landmark Directive SBB/94/2025
- June 28, 2025
- Posted by: Samson
- Categories: Articles, Economy, Finance & accounting
NBE’s Directive No. SBB/94/2025,effective June 25, 2025, lays out the stringent rules for licensing and operating banking businesses, formally opening the market to foreign competition while establishing a robust regulatory fortress to ensure stability.