Quick Takeaways: As Ethiopia set its sights on establishing a stock market as a means to foster economic growth, attract investment, and provide opportunities for local businesses and investors, this ambitious endeavor is not without its challenges. It must confront a range of obstacles that require careful consideration and strategic solutions. From regulatory complexities and
During a compelling interview with The Reporter magazine, Dr. Brook Taye, the Director General of the Ethiopian Capital Market Authority (ECMA), shed light on an intriguing development. Among the thought-provoking topics discussed, Dr. Brook Taye revealed that the ECMA is looking closely toward the Casablanca Stock Exchange, exploring potential insights and lessons to be obtained.
A Beginner’s Guide to Understanding Its Purpose and Function Quick Takeaways: Introduction: As the Ethiopian stock market is set to open in the near future, understanding the fundamentals of investing becomes even more essential. If you’re new to investing or curious about how the stock market works, this beginner’s guide will provide you with a
Ethiopia has taken a significant step towards economic growth and development with the enactment of a proclamation to establish a capital markets system. This landmark legislation, voted into law in 2021 by the Ethiopian House of People’s Representatives, paves the way for transparent and inclusive financial markets. The proclamation emphasizes transparency, accountability, and investor protection,
The Ethiopian Capital Market Authority (ECMA) has issued three directives aimed at strengthening the regulation of capital markets in Ethiopia. The directives cover the licensing and operating of securities exchanges and trading platforms, the recognition of self-regulatory organizations (SROs), and the licensing and supervision of capital market service providers (CMSPs). The directive on licensing and