News & analysis
The market, the economy
and the forces around them.
Dated, source-linked reporting for readers following Ethiopia and international markets.
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Investor education
Trying to Time the Market: Why Waiting for the Perfect Price Rarely Works
Why picking the exact low to buy and the exact high to sell is so hard, what waiting really costs, and what to do instead. Includes a worked example with invented prices.
Investor education
Fear, Greed and the Crowd: Emotional Mistakes That Cost Investors Money
Six emotional traps that cost new investors money, such as buying on hype, panic selling and following the crowd, with one simple rule for each.
Investor education
Ten Mistakes Beginners Make on a New Stock Market
Ten mistakes that can cost new investors money, what each looks like in practice, and what to do instead. Written for Ethiopia, where the market is young, thinly traded and mostly banks.
Investor education
How Much Should You Invest? Money You Can Risk and Money You Can't
How to decide how much to put into shares: start with your goals and time horizon, build an emergency fund, avoid borrowing to invest, and size positions so a loss does not hurt.
Investor education
Diversification When Only Seven Companies Are Listed
Why spreading your money is hard on a market with seven listings, six of them banks, what real diversification looks like here, and the hidden ways your risks may be concentrated.
Investor education
Liquidity Risk in a Young Market: Why You Might Not Be Able to Sell
Liquidity is how easily you can sell a share at a fair price. On a young exchange with few listings and trades, it is a major risk for ordinary investors. Learn how to measure and manage it.
Investor education
How to Spot Investment Scams in Ethiopia
Red flags, common scam types, checks to make before paying anyone, and what to do if you have been targeted. This article builds on our guide to verifying a broker.
Investor education
Government Securities Explained: Treasury Bills and Bonds in Ethiopia
How treasury bills and bonds work, how a discount yield is calculated, who issues them, how they differ from deposits and shares, and what to check before you invest. A starting point for people who are not ready for shares.
Investor education
Dividends Explained: How Shareholders Get Paid in Ethiopia
How dividends work, when shareholders are paid, how to read yield and payout ratios, what tax applies, and which mistakes to avoid when holding or considering shares on the Ethiopian Securities Exchange.
Investor education
How to Analyze an Ethiopian Bank: A Framework for ESX Investors
Six of the seven companies on the ESX are banks. Learn how a bank earns money, which ratios matter, how National Bank of Ethiopia rules affect the sector, and how to assess a bank's results without relying on tips.
From the analysis desks
Policy explainer
Ethiopia and the IMF in 2026: What the Fifth Review Means
The money, the reform commitments and the risks behind the latest review of Ethiopia’s four-year IMF-supported program.
Data watch
Four Encouraging Signals in Ethiopia’s Economy—and What Could Reverse Them
Exports, reserves, revenue and lower inflation point in a better direction, while energy costs and debt still demand caution.
Global outlook
World Economy 2026: Growth Is Holding Up, but Inflation Has Stalled
A plain-language reading of the latest global forecasts, why the IMF and World Bank numbers differ, and what investors should watch next.
Three forces
AI, Energy and Trade: The Three Forces Moving the Global Economy
Technology investment is supporting growth while energy shocks and slower trade create very different outcomes across countries.
Fuel price watch
How Global Oil Prices Reach Ethiopia’s Fuel Pump
A practical guide to imported fuel costs, regulated pump-price decisions and the planned move toward an automatic pricing mechanism.
Export strategy
Ethiopia’s Export Question: More Raw Materials or More Value?
Coffee and gold are strengthening export receipts, but processing, branding and manufacturing determine how much value stays in Ethiopia.
Cross-market view
International Markets: What Stocks, Bonds, Oil, Gold and the Dollar Are Saying
Five markets tell different parts of the same story about growth, inflation, risk and the cost of money.
Transmission channels
How Global Market Moves Reach Ethiopia and African Investors
Oil, export prices, currencies, interest rates and investor sentiment transmit international market shocks into local economies.