The number of businesses who deactivate their business licenses has been increasing over the past few years reaching 737,930. Out of the total deactivated business licenses in 2018, 708,306 were licensed in the capital, Addis Ababa. But the government also needs to make easy doing business in Ethiopia by conducting proper study,” Mr. Melaku suggests. It is recalled that recently the reformist Prime Minister Abiy Ahmed has promised to improve the Business Doing ranking of Ethiopia in the coming few years. In 2018, World Bank’s Doing Business index ranked Ethiopia 159th out of 190 countries reviewed.

Source: Ethiopian News January 28, 2019 08:15 UTC