Radar | Oct 16,2021
May 18 , 2022
Federal officials have tasked Ethiopian Investment Holdings, a sovereign wealth fund formed earlier this year with 100 billion Br in capital, with the formation of the Ethiopian Securities Exchange.
Earlier today, representatives of the holding group, led by Chief Executive Officer (CEO) Mamo Mihretu and Ahmed Shide, minister of Finance, signed an agreement with Financial Sector Deepening (FSD) Africa, an UK Aid affiliated NGO based in Kenya.
The two are partnering to facilitate the establishment of the capital market, which has been in the making for two years with regulators at the National Bank of Ethiopia (NBE) spearheading the process.
Though something resembling a stock exchange existed during the Imperial Era, efforts to form a full-fledged capital market screeched to a halt when the Dergue came to power.
A bill tabled to lawmakers last year proposes the formation of a Capital Market Authority tasked with regulating the primary and secondary markets. It will also supervise the listing and delisting of securities.
The Authority is to report to the Prime Minister, who also chairs the Holding Group's board of directors of six.
Radar | Oct 16,2021
In-Picture | Oct 27,2024
Fortune News | Aug 14,2021
Radar | May 06,2023
Agenda | Aug 07,2021
Photo Gallery | 190000 Views | May 06,2019
Photo Gallery | 179727 Views | Apr 26,2019
Photo Gallery | 176373 Views | Oct 06,2021
My Opinion | 142073 Views | Aug 14,2021
Jun 20 , 2026
When Parliament takes up the appropriation bill, federal legislators will receive a d...
Jun 13 , 2026
The recent policy decision to fully open freight forwarding to foreign capital may be...
Jun 6 , 2026
For a political veteran as controversial as Getachew Reda, last week's national elect...
May 30 , 2026
Tomorrow, millions of Ethiopians are expected to vote in the seventh national electio...
Loading your updates...