Sunday, April 14, 2024

Tag: Privatization

World Bank suggests gov’t stop preferential treatment to ethio-telecom

The World Bank recommended the Ethiopian government stop offering preferential treatment to ethio-telecom, downplaying attempts to preserve the status quo of the state dominated sector.

Telecom privatization proceeds to go to Industrial Development Fund

Proceeds from the partial privatization of Ethio-Telcom will be deposited in the Industrial Development Fund account opened by the Ministry of Finance (MoF), The Reporter has learnt.

PM directs team to proceed with telecom privatization, liberalization

Prime Minister Abiy Ahmed (PhD) directed his macroeconomic reform team and the Privatization Advisory Council members to proceed with the process of privatizing 40 percent of Ethio-telecom as well as liberalizing the telecom market by issuing two service provider licenses.

We are Prosperity – call us by our name: Abiy Ahmed

Irritated Prime Minister Abiy Ahmed (PhD) debunked a passing remark by the prominent insurance and finance guru Eyesuswork Zafu during a telecom sector liberalization and ethio telecom privatization discussion when the latter referred to the PM’s party as EPRDF-2. Eyesuswork said that he usually calls the ruling party EPRDF-2 while commenting on the issues of privatizing ethio telecom and liberalizing the telecom market that was unanimously decided by the Ethiopian Peoples’ Revolutionary Democratic Front (EPRDF) two years ago.

Communication authority to float bid by September

The Ethiopian Communication Authority (ECA) is under preparation to float an international tender that would enable it to select two international telecom firms which will operate in Ethiopia by September.

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