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Salary Income Tax Calculation in Ethiopia, Pension, Gross Salary and Net Salary Calculator with Examples
Here are the formulas on how to calculate personal (employee) income tax, pension, gross and net...
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Zad Bank, a New Islamic Bank Starts Selling Sharing
Zad Bank Share Company, which is the third Islamic bank under formation, began selling shares to...
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LatestHow to Check 12th Grade and 10th Grade Ethiopian National Exam Results
National Education assessment and Examination Agency has announced that the result for results for 12th grade and 10th grade national exam will be released in a few days. Students can view their results by visiting the...
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Abyssinia Bank Earns 563ml birr Net Profit for 2018 / 2017 FY
The Bank of Abyssinia (BoA), one of the first two private banks since the free market was...
![Most Profitable Ethiopian Private Banks for 2019 / 2018 Fiscal Year [Estimates]](https://addisbiz.com/wp-content/uploads/ethiopian-banks-profit-earning-2019-2018-addisbiz-2-627x376.jpg)
Most Profitable Ethiopian Private Banks for 2019 / 2018 Fiscal Year [Estimates]
While the previous budget year closed for most Ethiopian Banks, not all banks have disclosed their...
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ZemZem Bank starts selling shares
ZemZem Bank, whose formation was aborted seven years ago following issues with the central bank, has been resurrected and has restarted its formation process.
The founders of the Bank, who lobbied for the establishment of a full-fledged interest-free bank in Ethiopia, have submitted a letter to the National Bank of Ethiopia to reinstate the formation process.
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Gedaa Bank, still under formation, starts selling shares
Gedaa Bank, still under formation, has started selling shares after getting approval from the National Bank of Ethiopia (NBE).
Gedaa offered the shares for a public subscription three weeks ago and has sold 50 million Br worth of shares as of last weekend. Gedaa, which aims to raise half a billion Birr in the next six to nine months, has a subscription capital of two billion Birr.
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Zemen Insurance, in the last stages of joining the insurance industry
The 18th insurance firm, Zemen, is in the last stage of joining the insurance industry, only waiting for final approval from the National Bank of Ethiopia.
Zemen has finalised the formation process by 926 shareholders, who raised 81.5 million Br in paid-up capital from the subscribed capital of 114.6 million Br.
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