With an investment of 20 million birr, Zemen Insurance now holds a noteworthy two percent stake in the Exchange, provided that promoters adhere to the initial equity cap of one billion birr. This strategic move underscores Zemen’s commitment to diversifying its investment portfolio and capitalizing on emerging opportunities within the financial market. Read more
Commercial bank customers across the nation have found themselves caught in a whirlwind of disruptions and alleged unauthorized transactions, leading to widespread concern and speculation. Reports from various sources, specifically university students, shed light on the magnitude of the situation, indicating a series of irregularities in financial transactions. Read more
Cognitive biases are systematic flaws in reasoning that can lead to incorrect investment decisions. The anchoring bias, for example, occurs when decisions are excessively influenced by the first piece of information received. Read about Behavioral finance here.
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