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Yodit Kasa, the agency’s market development director, told VOA that the Ethiopian Stock Market or Equity Market is being studied to make it operational in three months.
When the market was launched, the government announced that large government enterprises, including Ethiopia Telecom, would participate by selling their shares.
Economic and investment adviser Jared Hailecross said the stock market is controlled and allowed to be publicly traded, which allows organizations to exist where most people are shareholders.
Ashawe Nayenu wrote a follow-up report on this issue for Business & Economic Report.
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