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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.

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.

 On reform track

The sole telecom operator, Ethiopia Telecom, has urged various government authorities and individuals to refrain from making erroneous statements on the on-going telecom reform program aimed at ending the state monopoly on the telecom sector.

Eutelsat joins race for Ethiopia’s telecom sector

The France based, European Organization of Telecommunications by Satellite S.A. (Eutelsat) has expressed its interest to join the Ethiopian telecommunications sector, following the liberalization decision taken by the government.