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Spotlight | Ethiopia
Large companies under threat of tax clampdown in Ethiopia

Reading time 4 min
Ethiopia's Prime Minister Abiy Ahmed speaks in Parliament during a session to approve the country's 2024/25 budget in Addis Ababa, on 4 July 2024.
Ethiopia's Prime Minister Abiy Ahmed speaks in Parliament during a session to approve the country's 2024/25 budget in Addis Ababa, on 4 July 2024. © Tiksa Negeri/Reuters

Grappling with a chronic shortage of revenue, the Ethiopian government is tightening the screws on foreign investors. The new budget, explained by Prime Minister Abiy Ahmed last week, is part of this trend.

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