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About HST Business Insights

I am pleased to introduce HST Business Insight Magazine (HBI), dedicated to exploring the intricacies of the Professional Services industry. 

HBI aims to provide the wider business community with applied knowledge solutions to critical problems that hinder business and societal development. The magazine sheds light on the trends, challenges, and opportunities that shape the industry, empowering professionals and leaders with insights and strategies for success.

In these times of change, adaptability is paramount, and the professional services sector has consistently demonstrated resilience and the capacity to drive positive change. It is in this spirit that HBI was created—to provide you with the tools, knowledge, and perspectives not only to survive but to thrive.

Together, we embark on a journey of discovery, learning, and collaboration to shape a brighter, more innovative future for our industry. I encourage you to engage with us, share your insights, and be a part of this vibrant community. I look forward to the exciting journey ahead and the valuable connections we will form along the way.


Solomon Gizaw

Chairman and CEO of HST

Nurturing Family Businesses: Building Ethical Foundations for Long-Term Success

Laws and regulations alone prove insufficient in effectively governing businesses. The sheer complexity of prescribing intricate rules to oversee the operations of every business within diverse sectors of the economy makes this approach nearly impractical. Thus, genuine self-discipline in the form of ethical practices becomes imperative for the sustainable well-being of society in the long term. This article places particular emphasis on the paramount importance of ethical business practices for ensuring the enduring survival of family businesses.

By Solomon Gizaw | Chairman and CEO of HST

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Knowledge Management, Unleashing Organizational Potential

Knowledge Management is a competitive advantage for organizations to remain relevant in the market and industries they operate. It’s not a ‘nice to have’ initiative which shows up in organization’s leadership radar as a hot topic at the start of the year and disappears when operations crop up. It is a ‘must have’ continuous and never-ending operation that defines the efficiency and effectiveness of all other operations.

By  Hana Degefa | Senior Researcher and
Noah Desta | Manager at HST 

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Low Yields and the Peril of a Real Estate Bubble in Ethiopia

Real estate investment holds a paramount position in the minds of Ethiopian investors, both within the country and the diaspora. Consequently, the emotional aspect of property ownership forms the backbone of many real estate firms in Ethiopia. However, amidst the flourishing real estate market, a concerning trend has emerged – one that should raise alarms, particularly for long-term investors and those attuned to financial principles.

By Zekrie Negatu | Managing Director at HST

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Ethiopia’s Rules on Transfer Pricing

Taxpayers with controlled transactions need to continuously be alerted to the need for filing transfer pricing declarations.

By Thomas Mulugeta | Partner at HST

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Key Updates on Tax

This is an update aimed to provide recent tax developments about domestic, international tax and any other changes that are directly or indirectly related to tax compliance. It addresses custom, investment and excise tax developments that happened from August 2022 to August 2023 in the Ethiopian tax landscape.

By Mamo Abdi | Manager at HST

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HBI 1st Edition Full Magazine

On this edition, our team of professional services leaders and experts has worked tirelessly to bring you articles and thought-provoking features that reflect in topics such as family business leadership and sustainability, knowledge management, real estate, and transfer pricing. We hope you will find them practical and useful to your businesses. If you have any questions, feedback or comments feel free to write us on info@hst-et.com.

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Welcome to HST

Audit is about much more than just the numbers. It’s about attesting to accomplishments and challenges, and helping to assure strong foundations for future aspirations.
At HST, we cater to education institutes, auditors, CFO, corporate trainers, and anyone interested in acquiring any kind of financial knowledge.
HST offers a broad range of fully integrated tax services, tailored signature solutions and insights that span across business taxes, indirect taxes, cross-border taxes and global employer services.
We have highly experienced team in delivering individual and large-scale recruitment.
Our extensive recruitment database and efficient screening process ensures that we will find the right candidates for you.