Addis Standard
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An independent Ethiopia based online media focusing on current affairs. Original content+daily gist of media monitoring
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The United Nations Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator, Martin Griffiths, commenced a six-day mission to Ethiopia today. He made his first official mission as the UN’s humanitarian chief to Ethiopia citing the increased the humanitarian needs in the country as a result of armed conflicts in Tigray and Benishangul-Gumuz, intercommunal violence in parts of Afar, Somali and SNNP regions, and drought in Somali, Oromia and Afar regions.

https://addisstandard.com/news-newly-appointed-un-ocha-chief-on-a-mission-to-ethiopia-amid-deteriorating-humanitarian-situation/
#Ethiopia and #Switzerland signed an agreement to avoid double taxation

The governments of Ethiopia and Switzerland today signed an agreement to avoid double taxation in Addis Ababa, Ethiopia.
Minister of Finance Ahmed Shede said, “The purpose of the agreement is to encourage Swiss investors to invest in Ethiopia and enable Ethiopian investors to participate in the Swiss market. Double taxation is a stumbling block for foreign investment.”
Three rounds of negotiations with the Swiss government have resulted in avoiding the hindrance of double taxation. It is known that the double tax avoidance agreement will help encourage foreign investment and prevent tax evasion and contribute significantly to the country's development and growth.

The agreement was signed by the Minister of Finance, Ahmed, and the Ambassador of Switzerland to Ethiopia, Tamara Mona.

Source: Ministry of Finance
#Ethiopia:#SelemonBarega brings home the #OlympicGames men's 10,000m title. #Congratulations! Picture: Getty Images/Archive