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Capital News

Why Home Gardening is...

When most people think about gardening, they picture someone in a sun hat muttering...
Capital News

High customs duties hamper...

Ethiopia’s ambition to nurture a generation skilled in science, technology, engineering, and mathematics (STEM)...
News

ESX set to commence official trading next week, marking major financial milestone

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Ethiopia’s much-anticipated Securities Exchange (ESX) is poised to begin official trading next week, signaling a transformative moment for the country’s financial sector. Following successful pilot transactions conducted two weeks ago, the ESX is now ready to fully operate, opening new avenues for investment and economic growth. Since its establishment in October 2023, the ESX has garnered significant attention and support from both local and international investors. The capital raising campaign, launched in November 2023, exceeded expectations by securing 1.5 billion birr (approximately $26.6 million), surpassing the initial target by an extraordinary 631%. This capital infusion came from 48 institutional investors across finance and non-financial sectors, with coordinated efforts spanning Addis Ababa, Nairobi, and London. The ESX operates under a pioneering public-private partnership model, with the Ethiopian government holding a 25% stake through Ethiopian Investment Holdings, while...
Capital News

Updated: ECMA Says No...

The Ethiopian Capital Market Authority (ECMA) has clarified that it has not yet received...
Capital News

NBE shifts to conventional...

The National Bank of Ethiopia (NBE) has transitioned to conventional monetary policy instruments to...
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Capital News

IMF urges closer monitoring of banks’...

The International Monetary Fund (IMF) is calling for closer monitoring of banks' net open positions (NOP) as Ethiopia advances...
Capital News

Awash Insurance reports record-breaking performance in...

Awash Insurance S.C. (AIC) has announced a remarkable financial performance for the 2024/25 fiscal year, solidifying its position as...
Editorial

The devaluation...

In the world of economic policy, few decisions are as consequential—or as fraught with risk—as the devaluation of a...
Editorial

Silencing dissent...

In recent years, Ethiopia has witnessed a troubling and growing trend: the systematic silencing of voices that express dissent...
Editorial

Granting immunity...

The House of People’s Representatives this week passed a proclamation granting conditional immunity to investigators engaged in money laundering...
Editorial

When court...

In Ethiopia, the principle of the rule of law is enshrined in the constitution and legal codes, promising justice,...
Interview

Bridging the gap

In the rapidly evolving landscape of digital finance, few individuals stand out as prominently as Bruke Gebreyes. As the Co-Founder and CEO of Addispay Financial Technology S.C., Bruke is at the forefront of driving financial inclusion and technological advancement in Ethiopia. With extensive experience in digital finance leadership, consulting on national initiatives, and a strong focus on business transformation, he is reshaping how financial services are delivered in a country where traditional banking remains a challenge for many. In this interview with Capital, Bruke shares his insights on the role of fintech solutions in addressing banking penetration and cash dependency,...
Interview

Generational Vision

For more than a century, the Mohan family has been a fixture in Ethiopia’s business landscape, tracing its roots back to the arrival of Mr. Mayur Suryakant Kothari’s grandfather in 1915. Now leading Mohan Group of Companies as CEO, Harsh Kothari represents the fourth generation of his Indian-Ethiopian family, guiding the company through an era of historic economic transformation. With academic credentials from the University of the West of England and the University of Warwick, Harsh Kothari brings both legacy and global perspective to the challenges and opportunities facing Ethiopia today. In this interview with Capital, Harsh Kothari discusses the...
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ለብርሃን ኢንሹራንስ አ.ማ. ባለአክስዮኖች...

Vacancy & Bid
እጩ የዳይሬክተሮች ቦርድ አባላት ጥቆማ ለመቀበል የወጣ ማስታወቂያ ኅዳር 21 ቀን 2017 ዓ.ም. በተካሔደው የኩባንያው ባአለክስዮኖች 13ኛ መደበኛ ጠቅላላ ጉባኤ የተመረጠው የዳይሬክተሮች ቦርድ አስመራጭ ኮሚቴ እጩ የዳይሬክተሮች ቦርድ አባላትን ጥቆማ ለመቀበል የሚያስፈልጉ ዝግጅቶችን ሲያከናውን ቆይቶ አሁን ጥቆማዎች ለመቀበል ተዘጋጅቷል፡፡ ስለሆነም የኩባንያው ባለአክስዮኖች ለድርጅታችን ሁለንተናዊ እድገት የበኩላቸውን አስተዋጽኦ ለማበርከት ይችላሉ ብለው የሚያምኑባቸውን ብቁ እጩዎችን ከሐምሌ 1 ቀን 2017 ዓ.ም. ጀምሮ እስከ መስከረም 30 ቀን 2018 ዓ.ም. ከቀኑ 11፡00 ሰዓት ድረስ ጥቆማዎቹን እንዲያከናውኑ በአክብሮት ይጋብዛል፡፡ ተጠቋሚ እጩዎች ማሟላት ያለባቸው መስፈርት፡ የብርሃን  ኢንሹራንስ አ.ማ. ባለአክስዮን መሆን አለባቸው፡፡ እድሜያቸው  ቢያንስ 30 ዓመት እና ከዛ በላይ መሆን አለበት፡፡ እጩ ተጠቋሚዎቹ ቢመረጡ የኩባንያው የዳይሬክተሮች ቦርድ አባል ሆነው ለመሥራት ፈቃደኛ ሊሆኑ ይገባል፡፡ ቢያንስ 75 ከመቶ የሚሆኑት የቦርድ አባላት ከታወቀ የከፍተኛ ትምህርት ተቋም የመጀመሪያ ዲግሪ ወይም ተመጣጣኝ የሆነ የትምህርት ደረጃ  ሊኖራቸው የሚገባ ሲሆን  ቀሪዎቹ ደግሞ ቢያንስ የሁለተኛ ደረጃ ወይም የሱን ተመጣጣኝ የሆነ ትምህርታቸውን  ያጠናቀቁ መሆን አለባቸው፡፡ እጩ ተጠቋሚዎቹ በቢዝነስ ማኔጅመንት ፣ በኢንሹራንስ ሥራ በፋይናንስ፣ በአካውንቲንግ ፣ በሕግ ፣ በኦዲቲንግ ፣ በኢኮኖሚክስ ፣ በኢንፎርሜሽን ቴክኖሎጂ፣ በኢንቨስትመንት ማኔጅመንት ፣ የትምህርት መስክ የተመረቁ ፣ በንግድ ሥራ አመራር በተለይ በኢንሹራንስ የሥራ ዘርፍ ልምድ ያላቸው እና የጾታ ስብጥራቸውም ተመጣጣኝ ቢሆን ይመረጣል፡፡ በብርሃን ኢንሹራንስ አ.ማ. ውስጥ በቦርድ አባልነት ቢያንስ ለስድስት ተከታታይ ዓመታት (ለሁለት የሥራ ዘመን/ተርም/ በቦርድ አባልነት ያገለገሉ ከሆነ ፣ ከቦርድ አባልነት ከለቀቁ ስድስት ዓመት የሞላቸው መሆን አለባቸው፡፡ እጩ ተጠቋሚዎች የኩባንያው የዳይሬክተሮች...

Tender Notice

Vacancy & Bid
DATE: 25 June 2025 The Office of the United Nations High Commissioner for Refugees (UNHCR), Representation Office in Ethiopia, Addis Ababa, invites qualified and registered Contractors / Suppliers to participate in the following tender:   SN  TENDER SUBJECT  CLOSING DATE    1                      TENDER REFERENCE NO: RFQ/HCR/AA/2025/011   For Supply and delivery Sanitary Pads to UNHCR operations in Ethiopia.        03 July 2025: 23:59 Hrs. (Ethiopian Time) Details for Tender Ref: RFQ/HCR/AA/2025/011 should be requested via email only by sending your request to ETHADSMS@unhcr.org clearly indicating the reference number in the subject line. Submission of bids must also be made through ETHADSMS@unhcr.org. Tender documents will be available from Wednesday, 25 June 2025 to Thursday, 3 July 2025 during the following working hours: Monday to Thursday 09:00–12:00 and 14:00–16:00 Friday: 09:00–14:00 All tender submissions must comply with the requirements stated in the tender documents and must be typewritten, computer-generated, or in PDF format. Submissions received after the deadline (tender closing date) will not be accepted. SUPPLY MANAGEMENT SERVICES,  ADDIS ABABA, ETHIOPIA
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Arts and Culture

New BRICS literature award launched to foster cultural exchange

A new international prize, the BRICS Literature Award, was officially launched today during a press conference hosted by TASS. The award, established at the BRICS Forum “Traditional Values” in November 2024, aims to promote cultural exchange and highlight the importance of literature in strengthening humanitarian ties among BRICS nations. The event featured prominent figures including Sergey Stepashin, President of the...
Arts and Culture

Ethiopian-American Author Aster Mohamed Shares Inspiring Journey in New Memoir

A new memoir by Ethiopian-American educator and community leader Aster Bato Mohamed is touching hearts and inspiring readers with its powerful message of faith, resilience, and hope. Titled "The Joy of Walking by Faith," the book chronicles Mohamed’s remarkable journey from a humble village in Ethiopia to becoming an influential figure in the United States. Aster Mohamed’s story is deeply...
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Business & Economy

Bulldozer Politics and Economic...

"Bulldozer politics" refers to a form of governance characterized by decisive, top-down decision-making, the rapid execution of infrastructure projects,...
Business & Economy

The Quest to Assert...

In the modern era of nation-building, the interplay between personal leadership narratives and national development trajectories has grown increasingly...
Business & Economy

Sponsoring Conflict and Business...

The intersection of business and conflict is a growing focus in global development discourse. With over 1.5 billion people...
Sports

The Legal Side of...

The success of online sportsbooks has not gone unnoticed. However, many people are still not 100% aware of how...
Sports

Casino Table Games Tips...

Online casinos are leveraging technology to bring the glittering and thrilling casino feeling closer to players via smart devices....
Sports

Breaking barriers in Ethiopian...

Elias Abi Chacra, a 75-year-old retired academic with a PhD in Geography and a master’s in Sport Science, has...
Opinion

To build is to...

“Architecture should not dominate—it should listen.”—Fasil GiorghisBeauty, like truth or virtue, may belong to the domain of philosophy—but it...
Opinion

How African women are...

When Awazi Angbalaga Joshua launched Shaaré in Nigeria, her goal was to connect skilled workers to people who needed...
Opinion

Sacrificing quality for affordability?...

The recent regulation 194/2017 by the Addis Ababa City Administration to regulate private school tuition fees has reignited a...
Society

THE GAMBLE FOR DIGITAL...

Digital access has become the gateway to opportunity where anyone can tap quality education from anywhere, get medication remotely,...
Society

The Digital Economic Vehicle

On digital platforms, the rulebook seems to give free way for many online shops to multiply unseen without tread...
Society

A glimpse through Pretoria...

The take away of the recent interview of the two leading negotiators of Pretoria agreement platform signals the pervasive...
AfricaNews

Mantashe to attend major AOW energy event

South Africa’s Minister of Mineral and Petroleum Resources, Mr Gwede Mantashe has committed to attend the four-day AOW energy event (https://AOWEnergy.com/) in Cape Town from 7 – 10 October. AOW: Investing in African Energy brings together industry leaders to develop policy, share discoveries, secure investment, and shape Africa’s energy future. This year’s event will feature more than 1 600 senior delegates, 80 ministers and officials from 70+ countries and representatives of more than 760 companies. Announcing Mantashe’s confirmed attendance, Chief Executive Officer of Sankofa Events, Paul Sinclair...
AfricaNews

The Gambia’s Minister of Petroleum and Energy Joins African...

On the back of major investments from multilateral finance institution the African Development Bank, The Gambia is poised to increase its electrification rate to 70% – 50% in rural areas – by the end of the year. In the wake of the country’s burgeoning energy sector, The Gambia’s Minister of Petroleum and Energy Nani Juwara will participate as a speaker at this year’s African Energy Week (AEW): Invest in African Energy 2024 conference, which takes place in Cape Town from November 4-8. The Gambia represents...

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