Back to the complete issue
Sunday, 12 September 2021

Edita rolls out e-invoicing system + Vodafone wants to use TE network

Snackfood maker Edita has fully rolled out its e-invoicing system, coming in compliance with the Tax Authority’s requirement that all invoices be logged with the Finance Ministry’s online platform, according to a company press release (pdf). The requirements were introduced last year in a bid to crack down on tax evasion and ensure companies register with the authority.

Other things we’re keeping an eye on this morning:

  • Vodafone is in talks with Telecom Egypt to use part of the state telecom operator’s network to provide its own landline services, Al Borsa reports (pdf).
  • We’ve received the first two of 70 trains for the monorail project from French rolling stock manufacturer Alstom, according to a company press release (pdf).
  • Talabat’s customers will be able to pay for their orders using digital wallets next year, CEO Hadeer Shalaby said according to Al Mal.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.