Regulating E-commerce In Ethiopia Lessons From The Rules Of Ethiopian Commodity Exchange

In a very short time span, e-commerce has emerged to claim a major share of the businessrnand economic headlines. It has the potential to radically alter existing economic and socialrnstructures and arrangements.As a result, most governments are taking an active role in determiningrnthe regulatory environment surrounding the implementation and development of ecommerce. InrnEthiopia, the existing laws which regulate commercial transaction were enacted before cyber- worldrnand hence, they are not capable of facilitatinge- transactions. Hence, The Federal Republic ofrnEthiopia Ministry of communication and information Technology has prepared a draft e-commercernlaw with a view to solve the hurdles the existing laws create for the development of e-commercernwithin the country.rnOn the other hand, ECX has a rule that regulate e-commerce which is conducted within the institution.rnHence, the main purpose of this paper is to examine this rule of the exchange to ascertain thernsufficiency of the rule to regulate e-commerce with a view to draw an experience for thernregulation of e-commerce in Ethiopia.

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