ESX

National Bank of Ethiopia today announced to conduct the second FX auction on Tuesday February 25, 2025. Sixty million US Dollars will be sold to banks. In July last year,…

National Bank of Ethiopia (NBE) is working on a plan to forcibly merge local Ethiopian banks. The decision is being taken ahead of the entry of foreign banks in the…

Price of US dollar has reached 150 birr in the Ethiopian black market. Since May last year, the Ethiopian government has been trying to kill the foreign exchange black market.…

Ethio Telecom, Ethiopian state owned telecommunication company, has extended the deadline for sale of its 10% shares. It failed to meet the target of selling the shares till January 3.…

Ethiopia today finally launched Securities Exchange but with 1 listing only. Prime Minister Abiy Ahmed officially launched the Ethiopian Securities Exchange (ESX) today. “We have officially rung the bell to…

Ethiopian Stock Exchange ESX is going to formally begin operations on Friday January 10. The bourse was initially due to be launched in November last year but technical issues delayed…

The Monetary Policy Committee (MPC) of the National Bank of Ethiopia has announced that the inflation in Ethiopia has reached the lowest in 5 years. The committee proposes financial policies…

Is Ethiopia considering legalization of crypto currency? Mamo Mehretu, the chief of Ethiopian National Bank, today said NBE may issue guidelines to use cryptocurrency. ️ Use of digital currency is…

Technical Issues have caused a delay in the launching of the Ethiopian Stock Exchange (ESX). Last minute technical problems dimmed the prospects of the inauguration of the bourse this month.…

Ethiopia Stock Exchange ESX, likely to be inaugurated in coming days, is hoping to list over 90 businesses on its boards reportedly. The number of initial public offerings (IPOs) at…