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Ethiopian News

Israeli construction suspected of tax evasion

Published: Aug 2, 2014 by bgt Filed under: Ethiopian News Crime Social News
Israeli construction suspected of tax evasion

Tidhar Excavation and Earth moving Ltd., an Israeli company taking part in the 2.6 billion birr road project that is expected to supplement the ongoing Light Railway

Transit (LRT) project, is suspected of illegal tax evasion activities worth some 52 million birr, The Reporter learnt.

Investigators of the Federal Ethics and Anti-Corruption Commission (FEACC) told the Federal High Court Second Criminal Bench on Wednesday that three employees of the Ethiopian Revenues and Customs Authority (ERCA) Large Taxpayers Office suspected in the alleged tax evasion charges were arrested the same day while the owner and general manager of Tidhar, Menashe Levy, who is also suspected of the same charges, was banned from leaving the country but not arrested.

Beverage producers ordered to cut price

Published: Aug 2, 2014 by bgt Filed under: Ethiopian News Business
Beverage producers ordered to cut price

he Ministry of Trade last week ordered beverage producers to cut the recently surged market prices on their respective products.

In a meeting MoT called last week with beverage producers of soft drinks, beer and bottled water, the manufacturers were told to make sale adjustments to its sales prices before June. They were also told that the price adjustments that saw the surging of sale prices in the past couples of months are “irrelevant.”

The meeting, chaired by Trade Competition and Customers Protection Authority Director General, Merkebu Zenebe said “some producers have made irrelevant and inappropriate price increments. Before we go to legal action, we urge them to take correction mechanisms. Otherwise we are forced to pursue legal action.”

During the meeting at the MoT conference hall, soft drinks, beer and water products’ prices are said to have surged in connection to the government’s announcement of salary increments for civil servants listed out in detail.

Egypt to face Ethiopia in friendly game on 30 August

Published: Aug 2, 2014 by bgt Filed under: Ethiopian News Sport News
Egypt to face Ethiopia in friendly game on 30 August

Egypt to play Ethiopia in a friendly game in the Upper Egyptian City of Aswan

Egypt will face Ethiopia in a friendly game on 30 August as part of their preparations for the 2015 African Cup of Nations qualifiers, Egyptian Football Association (EFA) chairman Gamal Allam said on Friday.

The match will be played in the Upper Egyptian city of Aswan. It will be the 15th meeting between both sides.

Egypt last met Ethiopia in a friendly game in 2002, crushing them 4-0 in Cairo.

The Pharaohs, who begin their Nations Cup qualifying campaign next month, will play in Group G along with Tunisia, Senegal and a yet to be determined side.

Egypt, record holders of the Nations Cup with seven titles, have not qualified for the biennial tournament since winning the 2010 title in Angola.

Source:Ahram Online


ZTE (H.K) LIMITED ETHIOPIAN BRANCH press release on the tax issue

Published: Aug 2, 2014 by bgt Filed under: Ethiopian News Business
ZTE (H.K) LIMITED ETHIOPIAN BRANCH press release on the tax issue

It has been reported that ZTE has 1 billion birr unpaid tax to Ethiopian Revenue and Customs Authority. ZTE responds for the news as follows.



Our company had come across rumors of tax related issues implicating our reputed company, initiated by few media houses based on wrong information. Due to this and for the sake of our reputation, the Ethiopian Revenue and Customs Authority’s and the Country administrative Authority’s integrity, we had considered it to be our obligation to straighten out the fact. For this purpose we have officially issued the following press release.

The wrong information was issued by two web-based Medias. These medias had published that ZTE had been asked to pay over one billion Dollars of income tax; after getting paid, the company failed to pay tax, but still participated in government projects without paying tax; and that ZTE officials were not available to comment. For this wrong information, we would like to officially clarify as follows:

1. Our Company’s legal personality and presence in Ethiopia

ZTE is an internationally recognized brand in the telecom sector not a company in Ethiopia.

In Ethiopia, related with this brand in certain ways, there is ZTE (H.K) Limited Ethiopian Branch registered and established under Ethiopian law starting from 2007 G.C. up to now. During this time, ZTE (H.K) Limited Ethiopian Branch had been one of the greatest partners of Ethiopian government in working to achieve its developmental plans. Our company started to function in the country by strictly following the legal requirements and until present time our functions are being carried out according to the law. As to the nature of the company’s business involvement, our company was the only fit participant of the vender financing telecom projects in Ethiopia in 2006 G.C. To get these projects, our company had participated in public bids and was awarded the projects through a legal process.

Still our company is involved in a number of government projects managed by different authorities.

2. The Company’s tax status

Ethiopia sets up anti-Ebola committee

Published: Aug 2, 2014 by bini Filed under: Ethiopian News
“A national committee is set up to design a guideline enabling to prevent Ebola,” institute spokesperson Abel Yeshaneh told Anadolu Agency. "The guideline will be made official soon.”

ADDIS ABABA
Ethiopia has set up a national committee to draw up a plan to prevent and contain any possible outbreak of the deadly Ebola virus, which is currently sweeping West Africa, the country’s Public Health Institute said.

“A national committee is set up to design a guideline enabling to prevent Ebola,” institute spokesperson Abel Yeshaneh told Anadolu Agency. "The guideline will be made official soon.”

“Members of the committee are drawn from the Ethiopian Airlines, the Ministry of Health and other stakeholders,” he said.

Ethiopia's national flag carrier, Ethiopian Airlines, which operates extensive flight network connecting affected West Africa countries to other parts of the world, said that it is implementing “precautions in connection with the outbreak of the disease in some parts of West Africa.”

While continuing daily flights as usual, the national carrier said “stringent and specific surveillance is being carried out regarding all flights from West Africa at Addis Ababa airport.”

Thus far, Abel said, there is no reported case of Ebola in Ethiopia.

Ebola, a contagious disease for which there is no known treatment or cure, can be transmitted to humans from wild animals and also spreads through contact with the body fluids of an infected person or someone who has died of the disease.

Medical doctors say common symptoms of Ebola include high fever and headaches, followed by bleeding from openings in the body.

The tropical fever, which first appeared in 1976 in Sudan and the Democratic Republic of Congo, has killed 208 people in Guinea, 60 in Liberia and 188 in Sierra Leone until July 23.

The epidemic has since spilled over to Nigeria, amid fears of spreading to other African countries.

S. Africa has 'low risk' of Ebola outbreak

Ethiopian athletes: 1 signed with Nike, 1 with Adidas, coaches told University of Oregon police

Published: Aug 1, 2014 by bgt Filed under: Ethiopian News Sport News Social News
Ethiopian athletes: 1 signed with Nike, 1 with Adidas, coaches told University of Oregon police

Two Ethiopian runners signed contracts with Nike and Adidas hours before disappearing from the IAAF Junior World Championships in Eugene, according to a report released Thursday by the University of Oregon Police Department.

The Ethiopian team's coaches reported four members of the team missing to police just before 1 a.m. Saturday. They told an officer that Zeyituna Mohammed had signed a contract with Nike on Friday, and that Dureti Edao had signed a contract with Adidas the same day, according to the report. Both women are 18-year-old runners.

Nike declined to comment on Mohammed's contract. As of Thursday evening, an Adidas spokeswoman did not have any more details about Edao's relationship with the company.

The police report only details the hours leading up to the runners' disappearance. It remains unclear how police found the athletes, or how long they plan to stay in the U.S.

The coaches also told police they believed the four runners -- Mohammad; Edao; Amanuel Abebe Atibeha, a 17-year-old boy; and Meaza Kebede, an 18-year-old woman -- were planning to defect to the U.S., and were mostly likely destined for Portland or Washington to get help from Ethiopian communities there.

Earlier that day, Edao told the coaches she needed to send a copy of her passport to the Adidas contract manager to finalize the agreement, according to the report. Then, they gave her a key to the room where the team's passports were kept.

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