Ethiopian Investment Holdings (EIH), the country’s sovereign wealth manager, continued its annual performance dialogue on day two, with updates from its hospitality, power, and engineering portfolio companies. The reviews underscored steady revenue growth in hotels, strong expansion in electricity access, and rising regional ambitions in engineering services. Hospitality SectorGhion Hotel and Spa, one of Addis
Ever wondered how you could own a piece of some of the biggest companies in the world—or even in your own country? That’s where Initial Public Offerings (IPOs) come into play. IPOs are the moment when private companies invite the public to share in their success. With Ethio Telecom’s IPO offering now available, we’re here
Let’s talk about the concept of a capital market in the context of Ethiopia, using a bank, say, “X Bank,” as our example. In Ethiopia, banks are one of the most well-known share companies. So, let’s see how a capital market works for a share company like a bank: Imagine there’s a bank, “X Bank,”
Quick Takeaways: There are different types of stocks to consider: common stocks, preferred stocks, growth stocks, and value stocks. Common stocks offer ownership in a company, the opportunity to receive dividends and voting rights. Preferred stocks provide regular dividend payments before common shareholders and have priority in repayment during company dissolution or bankruptcy. Growth stocks
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,
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