Thursday, September 29, 2022
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    Tag: Privatization

    Slew of telecom operators vie for Ethiopian market

    In a bid to allow two new telecom operators join the Ethiopian telecommunications market, the Ethiopian Telecommunications Authority (ECA), together with the Ministry of Finance, have received expression of interests from major telecom companies.

    Gov’t anticipates big payday from privatization

    After much speculation surrounding the privatization of Ethio-telecom, a telecom monopoly in Ethiopia, the Ethiopian Telecommunications Authority (ECA) has invited potential bidders to express their interest in acquiring a stake in the state-owned giant, which is projected to fetch billions of dollars to the cash strapped Ethiopian economy.  

    MPs urge for more scrutiny over sale of SoEs

    A new draft proclamation intending to amend the existing privatization laws has been tabled before the House of People’s Representatives (HPR), with MPs suggesting further scrutiny to identify the advantages and disadvantages of transferring public enterprises and urged to keep some of the public enterprises under the government, based on their respective importance for public advantages.

    Coca-Cola joins race for sugar plants

    Cementing its six decades of business in the beverage industry of Ethiopia, the Coca-Cola Company under its subsidiary in Ethiopia has tendered its bid to acquire a sugar plant or plants the government is about to privatize in the early months of 2020, The Reporter has learnt.

    Telecom liberalization takes critical step

    More than 20 international consulting firms have shown keen interest to consult on the partial privatization of the state monopoly, Ethio Telecom.

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