FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds

Fortune Logo

Ethio Telecom Shareholders Finally Certified, Dividends Off-Limits for Past Year

Sep 2 , 2025

Ethio telecom confirmed today that tens of thousands of domestic investors are now officially shareholders in the state-owned giant, after 10 months of waiting.

The company offered 10.7 million ordinary shares, 10pc of its equity, during a 121-day subscription window that drew 47,377 shareholders.

CEO Frehiwot Tamiru told Fortune last week that certification was nearing completion, a milestone now formally announced. However, she made clear that the shareholders will not benefit from the 12 billion Br in dividends paid out to the federal government for the fiscal year that ended in July.

During an event at the Science Museum on Menelik II Avenue last week, Frehiwot also rolled out a bold three-year strategy, “Next Horizon: Digital & Beyond 2028.” The plan targets distributing 111.3 billion Br in dividends over the period, with 35.4 billion Br slated for the current fiscal year alone.

Put your comments here

N.B: A submit button will appear once you fill out all the required fields.



Related Posts

Share This Post
Linkedin
Google+


Most read

Latest News

Editor's pick

Commentaries

Red Gold Makes the Case for Smarter Agri Business Strategy

Volcanic soils, cool nights and temperate days have given strawberry growers the cond...

Africa Key to Sustained Global Growth

More than 50 years after decolonisation, the West still regards Africa as a supportin...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...

Editorial

Tax Push Tests How Much Pain Taxpayers Can Bear

May 23 , 2026

An International Monetary Fund (IMF) team has spent weeks in Addis Abeba conducting t...

T-Bills Trap Begins in the Federal Government's Own Budget

May 16 , 2026

The federal budget tells a troubling story about inflation, debt and reform. The prob...

Every Encounter with the State Should Not Become an Invoice

May 9 , 2026

The Ethiopian state appears to have discovered a fiscal instrument that is politicall...

National Dialogue Has Everything But the Trust It Needs

May 2 , 2026

By the time Ethiopia's National Dialogue Commission (ENDC) reached the end of its fir...

Gallery

Parliament Approves New Cabinet Members

Oct 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

Jan 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

Sep 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

Dec 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

Apr 26 , 2019

Sunday With Eden

A Ball, A Father, A Life-time of Memory

Football was never merely a game in our household. It was ritual, language and affect...

Love, Not Blood, Makes a Family

There are moments that quietly expose the prejudices buried inside society. They appear in ordinary places, a hospital corridor, a waiting r...

Life Matters

When Problem-Solving Fails Because the Shape Looks Different

We like to think of ourselves as pattern-recognition machines. From the moment the day begins until sleep...

The Hidden Limits Behind Unlimited Data Plans

A few weeks ago, I found myself reaching for a mobile data package after our home Wi-Fi went down. The el...