Browsing by Author "Zewdu Yitayew"

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    The Prohibition on the Use of Ethnic Trade Names and its Implementation in the Banking Sector in Ethiopia
    (Addis Ababa University, 2024-05) Zewdu Yitayew; Solomon Abay(Associate Professor)
    This research examines the legal framework prohibiting the use of ethnic trade names and its implementation in Ethiopia's banking sector, focusing on Amhara, Oromiya, and Sidama banks. Employing a doctrinal legal research methodology and using both primary and secondary data sources, the study assesses the enforcement of the law. Findings reveal a discrepancy between the law and industry practices, with ethnic-based trade names becoming common. The study concludes that the Ministry of Trade and Regional Integration bears primary responsibility for non-implementation, while the National Bank of Ethiopia shares some responsibility. The paper highlights the violation of Article 16 (1) (b) of the Commercial Registration and Licensing Proclamation No.980/2016. The research justifies the prohibition, emphasizing the need for national unity and an inclusive banking environment. Recommendations include intensified enforcement, a review of the registration process, collaboration between regulatory bodies, and further research on implementation challenges. Implementing these recommendations will foster an inclusive business environment in Ethiopia.