የነዳጅ ዋጋ!

@PatternFin

𝗭𝗲𝗺𝗲𝗱𝗲𝗻𝗲𝗵 𝗡𝗶𝗴𝗮𝘁𝘂 𝗟𝗲𝗮𝗱𝘀 𝗖𝗕𝗘 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗶𝗻𝘁𝗼 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮’𝘀 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗙𝘂𝘁𝘂𝗿𝗲

𝗭𝗲𝗺𝗲𝗱𝗲𝗻𝗲𝗵 𝗡𝗶𝗴𝗮𝘁𝘂 𝗟𝗲𝗮𝗱𝘀 𝗖𝗕𝗘 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗶𝗻𝘁𝗼 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮’𝘀 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗙𝘂𝘁𝘂𝗿

Zemedeneh Negatu , a seasoned Ethiopian-American financier, has been appointed as the founding Chief Executive Officer (CEO) of CBE Capital S.C.

This development marks a significant milestone in Ethiopia's financial sector, introducing investment banking services to a market that has been traditionally limited to advisory roles. The establishment of CBE Capital S.C., a subsidiary of the Commercial Bank of Ethiopia (CBE), aligns with the nation's broader economic liberalization efforts aimed at diversifying and strengthening the capital market.

Zemedeneh brings a wealth of experience to his new role. He currently serves as the Global Chairman of Fairfax Africa Fund, LLC, based in Washington, D.C., and has held significant positions at Ernst & Young (EY) and PricewaterhouseCoopers (PwC). His extensive background in international finance is expected to play a pivotal role in shaping Ethiopia's emerging investment banking landscape.

The issuance of investment banking licenses to CBE Capital S.C. and Wegagen Capital Investment Bank S.C. is part of ECMA's strategic initiative to create a more diversified and robust capital market in Ethiopia. This move is anticipated to attract both local and international investors, fostering economic growth and development within the region.

In his statement, Zemedeneh emphasized the historic nature of this development, highlighting its potential to revolutionize Ethiopia's financial services sector and position the country as a key player in East Africa's economic landscape.
#CBECapital #InvestmentBank #ESX

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NBE to modernize Treasury Bill Market

The National Bank of Ethiopia (NBE) has announced plans to introduce a modernized system for government treasury bills (T-bills), aiming to make these financial instruments more accessible to citizens and investors. This initiative is part of the central bank’s broader efforts to enhance transparency, efficiency, and competitiveness in Ethiopia’s financial markets.

The announcement was made during a ceremony where the Ethiopian Capital Market Authority (ECMA) granted licenses to five new capital market service companies. #Capital

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BYD’s annual sales have topped $100bn for the first time, as China’s electric vehicle champion dominates its domestic market and presses ahead with an overseas expansion.

Shenzhen-based BYD said revenue rose 29 per cent to Rmb777bn ($107bn) last year, surpassing the Rmb766bn forecast by analysts, on the back of strong demand for plug-in hybrids. The group’s net income climbed 34 per cent to Rmb40bn from a year ago.

Unlike its US rival Tesla, which only sells fully electric vehicles and reported revenue of $98bn last year, BYD has benefited from resurgent demand in China for hybrid vehicles.

Following a years-long price war in China, the world’s largest EV market, BYD has also started to shift from an aggressive pricing strategy that was designed to win market share to one focused on trying to boost its profitability.

“Leading players in the market, including BYD, have moved away from a ‘price-for-volume’ approach”, said Serena Shen, an auto analyst at S&P Global Mobility. “Instead, they attempt to raise retail prices by innovating and updating their models.”

𝗘𝗜𝗛 𝗡𝗲𝗮𝗿𝘀 𝗧𝗿𝗶𝗹𝗹𝗶𝗼𝗻-𝗕𝗶𝗿𝗿 𝗠𝗮𝗿𝗸, 𝗧𝗿𝗮𝗻𝘀𝗳𝗲𝗿𝘀 𝟭𝟰.𝟱 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝘁𝗼 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁

Ethiopian Investment Holdings (EIH) has generated ETB 901 billion in revenue during the first half of the year, with USD6.7 billion in foreign earnings and ETB 14.5 billion birr transferred to the Ministry of Finance as government profit. These figures were disclosed during the eight-month performance review of EIH by the Standing Committee on Public Development Organizations Affairs of the House of People's Representatives.

During the session, Professor Mohamed Abdo, Chairman of the Standing Committee, underscored the need for state-owned enterprises to align their operations with public demand while boosting profitability. He called for stronger support for manufacturing industries, emphasizing the importance of domestic resource utilization to enhance efficiency and profitability. He also stressed the necessity of improving financial management, including procurement processes, fund collection, and timely financial reporting.

Deputy Chairman Dr. Seleshi Kore reinforced the committee’s stance on balancing public service delivery with profitability, urging the development of a structured system to achieve this. Meanwhile, Dr. Brook Taye noted that EIH is advancing the corporate governance framework under the new Development Enterprises Proclamation, leading to improved external audit performance among affiliated companies.

However, the review also highlighted key challenges, including price volatility in major projects, long-term investment constraints, land use rights issues, and a lack of transparency in audit report disclosures. Addressing these concerns, Dr. Brook Taye stated that EIH will prioritize foreign exchange accessibility, resource mobilization, and digital transformation to drive future growth.

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Directive on Dematerialization of Publicly Offered Securities 1047/2025


📖 #Document_To_Read

#ESX
#ECMA

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ሚድሮክ 3 ነጥብ 6 ሚሊዮን ዶላር የሚያወጣ አዲስ አውሮፕላን መረከብን አስታወቀ

ሚድሮክ ኢንቨስትመንት ግሩፕ 3.6 ሚሊዮን ዶላር የሚገመት አዲስ ዘመናዊ አውሮፕላን በቦሌ ዓለም አቀፍ አውሮፕላን ማረፊያ በዛሬው ዕለት መረከብን አስታዉቋል።

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𝗡𝗕𝗘 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗙𝗼𝗼𝗱 𝗜𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻 𝗙𝗮𝗹𝗹𝗶𝗻𝗴 𝗳𝗿𝗼𝗺 𝟯𝟭 𝗣𝗲𝗿𝗰𝗲𝗻𝘁 𝘁𝗼 𝟭𝟰.𝟲 𝗣𝗲𝗿𝗰𝗲𝗻𝘁 𝗶𝗻 𝗮 𝗬𝗲𝗮𝗿

💥The overall rate now at 15 down from higher levels in previous months.

💥Food inflation dropped notably from 31% to 14.6% over the past year, reflecting the effectiveness of tight monetary policies, better agricultural output, and adjustments in administered prices.

💥Despite this progress, the Committee decided to maintain its cautious approach, keeping the National Bank Rate at 15% and the annual credit growth cap at 18%.