Ethiopia Stock Exchange office ( Photo : UN )borkenaEthiopia Stock Exchange Branch Offices in the Oromo region of a shut down and about 58 workers from six branch office locations were arrested this week. According to the VOA Amharic report, on Friday, seven branches ( there are 25 branches across the country) were shut down as of April 28. Netsanet Tesfaye, Corporate Communications Director of Ethiopian Stock Exchange, told VOA Amharic that they were not informed, either by Federal or Oromia region authorities, why their branch offices were shut down and workers arrested. What he said is that the regional authorities in the Oromo region of Ethiopia deployed police forces, sealed warehouses, and arrested workers. Ethiopian Stock Exchange has been in operation for over 14 years now.

Source: Ethiopian News May 09, 2022 09:06 UTC