Introduction A new directive has been issued by the National Bank of Ethiopia which establishes the conditions, limitations, and circumstances under which an Ethiopian, a resident of Ethiopia, a non-resident of Ethiopia, or any other person may possess and use foreign currency. Following the publication of this new directive, the Limits on Birr and Foreign...Read More
Case Summary This post summarizes a Federal Supreme Courts Cassation Bench’s Decision File No. 200687 between Ayka Addis Garment Investment Group PLC v. Ibrahim Aydogedu concerning the validity of the termination of a foreign employee’s contract of employment for a definite period that had been getting renewed for several years. Genesis Ibrahim Aydogedu, a foreign...Read More
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