#ነዳጅ
ከዛሬ ማክሰኞ ታኅሣሥ 29/2017 ዓ/ም ከምሽቱ 12 ሰዓት ጀምሮ
➡ አንድ ሊትር ቤንዚን 101.47 ብር
➡ አንድ ሊትር ናፍጣ 98.98 ብር
➡ አንድ ሊትር ኬሮሲን 98.98 ብር
➡ የአውሮፕላን ነዳጅ 109.56 ብር
➡ አንድ ሊትር ከባድ ጥቁር ናፍጣ 105.97 ብር
➡ አንድ ሊትር ቀላል ጥቁር ናፍጣ 108.30 ብር ሆኖ እንዲሸጥ ተወስኗል።
#ነዳጅ #ኢትዮጵያ #tikvahethiopia
@PatternFin
ከዛሬ ማክሰኞ ታኅሣሥ 29/2017 ዓ/ም ከምሽቱ 12 ሰዓት ጀምሮ
➡ አንድ ሊትር ቤንዚን 101.47 ብር
➡ አንድ ሊትር ናፍጣ 98.98 ብር
➡ አንድ ሊትር ኬሮሲን 98.98 ብር
➡ የአውሮፕላን ነዳጅ 109.56 ብር
➡ አንድ ሊትር ከባድ ጥቁር ናፍጣ 105.97 ብር
➡ አንድ ሊትር ቀላል ጥቁር ናፍጣ 108.30 ብር ሆኖ እንዲሸጥ ተወስኗል።
#ነዳጅ #ኢትዮጵያ #tikvahethiopia
@PatternFin
👍1
NBE pauses independent forex bureau licensing pending evaluation
Regulators at the National Bank of Ethiopia (NBE) are no longer processing license requests for new applicants seeking to get involved in the forex trading business.
In early October 2024, the central bank announced it had issued licenses to five independent foreign exchange bureaus in a bid to undercut the parallel market following the floating of the currency a few months prior.
Dugda Fidelity Investment PLC, Ethio Independent Foreign Exchange Bureau, Global Independent Foreign Exchange Bureau, Robust Independent Foreign Exchange Bureau, and Yoga Forex Bureau were the recipients.
Regulators are evaluating how the five firms are performing before proceeding to process applications for new licenses, according to Yenehassab Tadesse, director of forex monitoring and reserve management at NBE. #Reporter
@PatternFin
Regulators at the National Bank of Ethiopia (NBE) are no longer processing license requests for new applicants seeking to get involved in the forex trading business.
In early October 2024, the central bank announced it had issued licenses to five independent foreign exchange bureaus in a bid to undercut the parallel market following the floating of the currency a few months prior.
Dugda Fidelity Investment PLC, Ethio Independent Foreign Exchange Bureau, Global Independent Foreign Exchange Bureau, Robust Independent Foreign Exchange Bureau, and Yoga Forex Bureau were the recipients.
Regulators are evaluating how the five firms are performing before proceeding to process applications for new licenses, according to Yenehassab Tadesse, director of forex monitoring and reserve management at NBE. #Reporter
@PatternFin
👍1
🌐 Currencies stronger than US Dollar
This image presents a visual comparison of #currencies stronger than the #USDollar. It shows the value of each currency in terms of how many US Dollars (#USD) one unit can buy. The currencies listed and their #exchangerates are:
🇰🇼 1. #KuwaitiDinar (KWD): The strongest currency, where 1 KWD equals $3.24 USD.
🇧🇭 2. #BahrainiDinar (BHD): 1 BHD equals $2.65 USD.
🇴🇲 3. #OmaniRial (OMR): 1 OMR equals $2.60 USD.
🇯🇴 4. #JordanianDinar (JOD): 1 JOD equals $1.41 USD.
🇬🇧 5. #BritishPound (GBP): 1 GBP equals $1.25 USD.
🇰🇾 6. #CaymanDollar (KYD): 1 KYD equals $1.15 USD.
🇨🇭 7. #SwissFranc (CHF): 1 CHF equals $1.11 USD.
🇪🇺 8. #Euro (EUR): 1 EUR equals $1.04 USD.
Key Insights:
Kuwaiti Dinar leads as the highest-valued currency globally, largely due to its oil-based economy and strict monetary policies.
Middle Eastern currencies (Kuwaiti Dinar, Bahraini Dinar, Omani Rial, and Jordanian Dinar) dominate the top spots, reflecting economic stability and pegging to stronger reserve currencies.
The British Pound remains the highest-valued currency in Europe.
The Euro, despite being widely used, is among the lowest on the list of stronger currencies compared to USD.
The Cayman Dollar and Swiss Franc indicate strength due to the financial stability of these regions.
This infographic effectively highlights global currency strength, emphasizing economic factors like resource #wealth, #monetarypolicy, and #financial system stability.
#CurrencyExchange
#ETB
#ForeignCurrency
@PatternFin
This image presents a visual comparison of #currencies stronger than the #USDollar. It shows the value of each currency in terms of how many US Dollars (#USD) one unit can buy. The currencies listed and their #exchangerates are:
🇰🇼 1. #KuwaitiDinar (KWD): The strongest currency, where 1 KWD equals $3.24 USD.
🇧🇭 2. #BahrainiDinar (BHD): 1 BHD equals $2.65 USD.
🇴🇲 3. #OmaniRial (OMR): 1 OMR equals $2.60 USD.
🇯🇴 4. #JordanianDinar (JOD): 1 JOD equals $1.41 USD.
🇬🇧 5. #BritishPound (GBP): 1 GBP equals $1.25 USD.
🇰🇾 6. #CaymanDollar (KYD): 1 KYD equals $1.15 USD.
🇨🇭 7. #SwissFranc (CHF): 1 CHF equals $1.11 USD.
🇪🇺 8. #Euro (EUR): 1 EUR equals $1.04 USD.
Key Insights:
Kuwaiti Dinar leads as the highest-valued currency globally, largely due to its oil-based economy and strict monetary policies.
Middle Eastern currencies (Kuwaiti Dinar, Bahraini Dinar, Omani Rial, and Jordanian Dinar) dominate the top spots, reflecting economic stability and pegging to stronger reserve currencies.
The British Pound remains the highest-valued currency in Europe.
The Euro, despite being widely used, is among the lowest on the list of stronger currencies compared to USD.
The Cayman Dollar and Swiss Franc indicate strength due to the financial stability of these regions.
This infographic effectively highlights global currency strength, emphasizing economic factors like resource #wealth, #monetarypolicy, and #financial system stability.
#CurrencyExchange
#ETB
#ForeignCurrency
@PatternFin
👍1
የነዳጅ ዋጋ በኢትዮጵያ
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ግሎባል ፔትሮል ፕራይስ የተባለው ዓለም አቀፉ የነዳጅ ዋጋ አቅራቢ በድረ-ገጹ ኢትዮጵያን ነዳጅ በዝቅተኛ ዋጋ በመሸጥ ከአፍሪካ ሀገራት በ8ኛ ደረጃ፣ ከዓለም በ28ኛ ደረጃ ላይ አስቀምጧል።
ድረ-ገጹ ከተለያዩ የዓለም ሀገራት ወቅታዊ የነዳጅ ዋጋን እየሰበሰበ የሚያሰፍር እና ከነዳጅ ጋር የተያያዙ መረጃዎችን እና ጥናታዊ ጽሑፎችን የሚያሰራጭ ነው። በዚሁ መሰረት በዓለም አቀፍ ደረጃ የቤንዚን ዋጋ በአማካይ $1.23 (የአሜሪካ ዶላር) እንደሆነ ጠቅሶ፤ የቤንዚን ዋጋ በኢኮኖሚ በአደጉ ሀገራት ዝቅተኛ እንዲሆን የሚጠበቅ ቢሆንም፣ በተቃራኒው ግን በዝቅተኛ ዋጋ የሚሸጡ ታዳጊ ሀገራት ናቸው ይለናል።
በድረ-ገጹ አሁን ባለው ወቅታዊ የነዳጅ ዋጋ ከኢትዮጵያ ቀድመው የሰፈሩት በአብዛኛው የእስያ ነዳጅ አምራች ሀገራት ናቸው። በዚህ መሰረት በዓለም ዝቀተኛ ዋጋ የቆረጠችው ኢራን ስትሆን፤ አንድ ሊትር ቤንዚን በ$0.0229 ለሕዝቧ ታቀርባለች። በሁለተኛ እና ሦስተኛ ደረጃ ላይ የተቀመጡት ሊቢያ እና ቬኒዙዌላ በዚሁ ቅደም ተከተል በ$0.030 እና በ$0.035 ያቀርባሉ።
ኢትዮጵያ 150 የዓለም ሀገራት ከሚያቀርቡበት ዝቅ ባለው በ$0.805 ለማቅረብ ዋጋ መቁረጧን መረጃው ያሳያል። ድረ-ገጹ ባሰፈረው መረጃ መሰረት በዓለም በከፍተኛ ዋጋ ነዳጅ በማቅረብ ከአንድ እስከ ሦስተኛ ደረጃ ላይ የተቀጡት ሀገራት ሆንግኮንግ ($3.369)፣ አይስላንድ ($2.233) እና ሞናኮ ($2.203) ናቸው።
ለናሙና በተመረጡ እና የትላልቅ ኢኮኖሚ ባለቤት በሆኑ የተወሰኑ ሀገራት ያለውን የቤንዚን ዋጋ ስንመለከት ደግሞ፥ በዩናይትድ ስቴት $0.897፣ በካናዳ $1.230፣ በእንግሊዝ $1.704፣ በፈረንሳይ $1.802፣ በጀርመን $1.781፣ በቻይና $1.092፣ በሕንድ $1.177 ሲሆን፤ በጎረቤት ኬንያ $1.351 እንደሆነ መረጃው ያሳያል። #EBC
#Fuel
#OPEC
@PatternFin
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ግሎባል ፔትሮል ፕራይስ የተባለው ዓለም አቀፉ የነዳጅ ዋጋ አቅራቢ በድረ-ገጹ ኢትዮጵያን ነዳጅ በዝቅተኛ ዋጋ በመሸጥ ከአፍሪካ ሀገራት በ8ኛ ደረጃ፣ ከዓለም በ28ኛ ደረጃ ላይ አስቀምጧል።
ድረ-ገጹ ከተለያዩ የዓለም ሀገራት ወቅታዊ የነዳጅ ዋጋን እየሰበሰበ የሚያሰፍር እና ከነዳጅ ጋር የተያያዙ መረጃዎችን እና ጥናታዊ ጽሑፎችን የሚያሰራጭ ነው። በዚሁ መሰረት በዓለም አቀፍ ደረጃ የቤንዚን ዋጋ በአማካይ $1.23 (የአሜሪካ ዶላር) እንደሆነ ጠቅሶ፤ የቤንዚን ዋጋ በኢኮኖሚ በአደጉ ሀገራት ዝቅተኛ እንዲሆን የሚጠበቅ ቢሆንም፣ በተቃራኒው ግን በዝቅተኛ ዋጋ የሚሸጡ ታዳጊ ሀገራት ናቸው ይለናል።
በድረ-ገጹ አሁን ባለው ወቅታዊ የነዳጅ ዋጋ ከኢትዮጵያ ቀድመው የሰፈሩት በአብዛኛው የእስያ ነዳጅ አምራች ሀገራት ናቸው። በዚህ መሰረት በዓለም ዝቀተኛ ዋጋ የቆረጠችው ኢራን ስትሆን፤ አንድ ሊትር ቤንዚን በ$0.0229 ለሕዝቧ ታቀርባለች። በሁለተኛ እና ሦስተኛ ደረጃ ላይ የተቀመጡት ሊቢያ እና ቬኒዙዌላ በዚሁ ቅደም ተከተል በ$0.030 እና በ$0.035 ያቀርባሉ።
ኢትዮጵያ 150 የዓለም ሀገራት ከሚያቀርቡበት ዝቅ ባለው በ$0.805 ለማቅረብ ዋጋ መቁረጧን መረጃው ያሳያል። ድረ-ገጹ ባሰፈረው መረጃ መሰረት በዓለም በከፍተኛ ዋጋ ነዳጅ በማቅረብ ከአንድ እስከ ሦስተኛ ደረጃ ላይ የተቀጡት ሀገራት ሆንግኮንግ ($3.369)፣ አይስላንድ ($2.233) እና ሞናኮ ($2.203) ናቸው።
ለናሙና በተመረጡ እና የትላልቅ ኢኮኖሚ ባለቤት በሆኑ የተወሰኑ ሀገራት ያለውን የቤንዚን ዋጋ ስንመለከት ደግሞ፥ በዩናይትድ ስቴት $0.897፣ በካናዳ $1.230፣ በእንግሊዝ $1.704፣ በፈረንሳይ $1.802፣ በጀርመን $1.781፣ በቻይና $1.092፣ በሕንድ $1.177 ሲሆን፤ በጎረቤት ኬንያ $1.351 እንደሆነ መረጃው ያሳያል። #EBC
#Fuel
#OPEC
@PatternFin
👍1
Africa Gets New Stock Market as Ethiopia Seeks to Woo Investors
=>Ethiopia’s stock exchange set to begin trading on Friday
=>Horn of Africa nation is opening up its economy backed by IMF
Bloomberg
@PatternFin
=>Ethiopia’s stock exchange set to begin trading on Friday
=>Horn of Africa nation is opening up its economy backed by IMF
Bloomberg
@PatternFin
👍1
Africa Gets New Stock Market
***************************
Ethiopia is opening a stock exchange after a five-decade gap, in its latest step to lure investors to a nation that’s struggling to control regional strife as it recovers from a civil war.
Ethiopia Investment Holdings, which controls 40 state-run companies, is selling shares in Ethio Telecom to raise as much as 30 billion birr ($234 million) in an initial public offering. The company’s debut, along with the government’s plan to list other firms, will herald the start of the new bourse, according to Tilahun Kassahun, chief executive officer of the Ethiopian Securities Exchange, which opens on Friday.
Africa’s most-populous nation after Nigeria also changed rules so that investments in the capital market are “treated favorably” to allow investors repatriate funds easily, Tilahun said in an interview.
Ethiopia had a stock market for 14 years until 1974, when Emperor Haile Selassie was overthrown by the nation’s military and share trading abolished.
The new institution aims to list as many as 50 companies in the next five years, Tilahun said. Some will join the bourse via a so-called listing by introduction — which does not involve an IPO — though how many is not yet clear.
The drive to attract investors began after Abiy’s government and dissident Tigrayan fighters signed the 2022 pact to end the two-year conflict. Still, Abiy has struggled to contain ethnic tensions in Ethiopia’s Oromia and Amhara regions, where government soldiers and regional militias clash frequently. #Bloomberg
#ESX
#StockMarket
#ECMA
@PatternFin
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Ethiopia is opening a stock exchange after a five-decade gap, in its latest step to lure investors to a nation that’s struggling to control regional strife as it recovers from a civil war.
Ethiopia Investment Holdings, which controls 40 state-run companies, is selling shares in Ethio Telecom to raise as much as 30 billion birr ($234 million) in an initial public offering. The company’s debut, along with the government’s plan to list other firms, will herald the start of the new bourse, according to Tilahun Kassahun, chief executive officer of the Ethiopian Securities Exchange, which opens on Friday.
Africa’s most-populous nation after Nigeria also changed rules so that investments in the capital market are “treated favorably” to allow investors repatriate funds easily, Tilahun said in an interview.
Ethiopia had a stock market for 14 years until 1974, when Emperor Haile Selassie was overthrown by the nation’s military and share trading abolished.
The new institution aims to list as many as 50 companies in the next five years, Tilahun said. Some will join the bourse via a so-called listing by introduction — which does not involve an IPO — though how many is not yet clear.
The drive to attract investors began after Abiy’s government and dissident Tigrayan fighters signed the 2022 pact to end the two-year conflict. Still, Abiy has struggled to contain ethnic tensions in Ethiopia’s Oromia and Amhara regions, where government soldiers and regional militias clash frequently. #Bloomberg
#ESX
#StockMarket
#ECMA
@PatternFin
FAQs About ESX:
🔥🔥🔥🔥🔥🔥
Everything You Need to Know Before the Launch! Here's a Quick Guide!
What Can You Trade on ESX?
1. Equity securities (shares)
2. Fixed income securities (bonds, treasury bills, etc.)
3. Money market instruments (repos, interbank instruments)
4. ETFs & REITs
Which companies' securities can be traded on ESX?
- Public companies (listed/unlisted) can trade after registering their securities with ECMA and meeting compliance requirements.
- Main or Growth Market listing requires adherence to ESX Rulebook (Volume C).
Who Can Trade?
Only Trading Members of ESX (brokers, dealers, market makers, dealing member banks) licensed or authorized by the Ethiopian Capital Market Authority.
How to Invest?
1️⃣ Open a trading account with a licensed securities broker.
2️⃣ Deposit funds in your account opened by the broker.
3️⃣ Place buy/sell orders through your broker.
📌 Investors cannot directly trade but can access the platform via their brokers.
#Broker
#Stockmarket
#ESX
@PatternFin
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Everything You Need to Know Before the Launch! Here's a Quick Guide!
What Can You Trade on ESX?
1. Equity securities (shares)
2. Fixed income securities (bonds, treasury bills, etc.)
3. Money market instruments (repos, interbank instruments)
4. ETFs & REITs
Which companies' securities can be traded on ESX?
- Public companies (listed/unlisted) can trade after registering their securities with ECMA and meeting compliance requirements.
- Main or Growth Market listing requires adherence to ESX Rulebook (Volume C).
Who Can Trade?
Only Trading Members of ESX (brokers, dealers, market makers, dealing member banks) licensed or authorized by the Ethiopian Capital Market Authority.
How to Invest?
1️⃣ Open a trading account with a licensed securities broker.
2️⃣ Deposit funds in your account opened by the broker.
3️⃣ Place buy/sell orders through your broker.
📌 Investors cannot directly trade but can access the platform via their brokers.
#Broker
#Stockmarket
#ESX
@PatternFin
African Billionaires!
The richest people in Africa in 2024 made their fortune in 'traditional' sectors: cement, telecoms, sugar, oil, mining, banking, etc.
But Africa's innovation economy is on the rise.
Today, the continent is home to nine unicorns — tech companies valued at $1 billion or more — with Nigeria's #Moniepoint_Group and South Africa's #TymeBank joining the herd just last year.
@PatternFin
The richest people in Africa in 2024 made their fortune in 'traditional' sectors: cement, telecoms, sugar, oil, mining, banking, etc.
But Africa's innovation economy is on the rise.
Today, the continent is home to nine unicorns — tech companies valued at $1 billion or more — with Nigeria's #Moniepoint_Group and South Africa's #TymeBank joining the herd just last year.
@PatternFin
The National Bank of Ethiopia and the Ethiopian Capital Market Authority (ECMA) signed a MoU.
The MoU outlines a collaborative effort for the issuance and depository of electronic securities, dematerialization of paper-based securities, and provision of a strong foundation for secure and efficient securities clearing and settlement systems.
According to ECMA, the MoU reflects the shared vision of NBE and ECMA to drive economic growth, financial innovation, and a thriving capital market in Ethiopia.
#ECMA #NBE
@PatternFin
The MoU outlines a collaborative effort for the issuance and depository of electronic securities, dematerialization of paper-based securities, and provision of a strong foundation for secure and efficient securities clearing and settlement systems.
According to ECMA, the MoU reflects the shared vision of NBE and ECMA to drive economic growth, financial innovation, and a thriving capital market in Ethiopia.
#ECMA #NBE
@PatternFin
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‹‹የውጭ ባንኮች ሲገቡ በተለየ ሁኔታ የሚያገለግሉትን ገበያ ለይተውና ስትራቴጂ ቀርፀው እንጂ የአገር ውስጥ ባንኮችን ከገበያ ውጭ ሊያደርጉ አይደለም››
አቶ ሔኖክ ከበደ፣ የንብ ኢንተርናሽናል ባንክ ዋና ሥራ አስፈጻሚ (Via Reporter)
Link: https://www.ethiopianreporter.com/137062/
@PatternFin
አቶ ሔኖክ ከበደ፣ የንብ ኢንተርናሽናል ባንክ ዋና ሥራ አስፈጻሚ (Via Reporter)
Link: https://www.ethiopianreporter.com/137062/
@PatternFin
Nigeria’s FirstBank sets sights on Ethiopia, Angola, Cameroon
Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria is gearing up for its next growth phase as financial systems across the continent open up to new opportunities.
More than a decade after an acquisition spree that boosted its footprint in sub-Saharan Africa, First Bank of Nigeria is looking to expand into several other countries, including Ethiopia, Angola and Cameroon. Via #Theafricareport
#FirstBank
@PatternFin
Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria is gearing up for its next growth phase as financial systems across the continent open up to new opportunities.
More than a decade after an acquisition spree that boosted its footprint in sub-Saharan Africa, First Bank of Nigeria is looking to expand into several other countries, including Ethiopia, Angola and Cameroon. Via #Theafricareport
#FirstBank
@PatternFin
Wegagen Bank has made history by becoming the first company to list its shares on the Ethiopian Stock Exchange (ESX). The announcement was made during the official launch ceremony of the stock exchange, held at the Science Museum in Addis Ababa in the presence of Prime Minister Abiy Ahmed (PhD) and other high-ranking government officials.
#WegagenBank
#ESX
@PatternFin
#WegagenBank
#ESX
@PatternFin
Innovative Electric Car Financing System launched
Utopia Technology has unveiled Ethiopia’s first integrated electric car financing system, the “Utopia Green Fund,” alongside a dedicated app designed to facilitate access to electric vehicles.
This groundbreaking initiative aims to promote sustainable transportation and make electric cars more accessible to the Ethiopian public. #CapitalNews
#UtopiaGreenFund
#EV
Utopia Technology has unveiled Ethiopia’s first integrated electric car financing system, the “Utopia Green Fund,” alongside a dedicated app designed to facilitate access to electric vehicles.
This groundbreaking initiative aims to promote sustainable transportation and make electric cars more accessible to the Ethiopian public. #CapitalNews
#UtopiaGreenFund
#EV
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