Frequently Asked Questions

Company

Is there a Stock Market in Ethiopia?

No, there is not. Ethiopian Does NOT have a Stock Market YET! There is no centralized or regulated Stock or Capital Market in Ethiopia. But, there is an ongoing effort from the Ethiopian Government to make it happen.

The legislative draft of establishing an Ethiopian Securities Exchange has been discussed and its a top agenda for the Government.

Ethiopia is ready, የሰራ ያሸንፋል!

Who are you, what's your purpose?

We are tech enthusiast, tech and finance professionals. The site name www.ethiopianstockmarket.com is cool, why not grab it? That’s what we did, and write articles and see how it goes.

We are getting ready for the future, Ethiopia will benefit more from sites like this that raise awareness.

How do consumers register their numbers?

Individuals, or their nominees, can register their numbers online at www.industris.com, by calling 1300 792 958, by faxing 1300 793 514, or by mail.

Does the register extend to overseas callers?

The Do Not Call Register legislation applies irrespective of where the call or fax originates. For example, telemarketers operating out of South Africa must comply with the legislation in the same way as telemarketers operating out of Melbourne. In practice, however, if an overseas telemarketer is found in breach of the legislation, the ACMA will pursue the Australian company linked to that telemarketer or fax marketer.

Ethiopian Securities Exchange

What is Ethiopian Securities Exchange?

Ethiopia has drafted a bill to create a stock market authority that suggested to be named the “Ethiopian Securities Exchange” according to Mr Melesse Minale Tashu, a Senior Macroeconomic Advisor, National Bank of Ethiopia and PMO.

Who will own the Ethiopian Securities Exchange?

The exchange will be a private business. The government will be in the company as a minority shareholder. It was suggested that the government ownership will be maximum of 25% and the rest 75% would be owned by private investors, could be domestic investors, foreign investors.

When can the Ethiopian Stock Market dream come to life?

There is no offcially known timetable, but before end of 2021 some kind of progress can be seen.

Are there any big companies that can be qualified to be part of the Stock Market?

The Ethiopian Banks are likely to qualify quickly for listing. Because their accounting standard is already up to international standards. In addition to Banks, Insurance and multinational companies can meet the requirements for listing.