Ethio Telecom Bids to Dominate Ethiopia's Digital Future


Ethio Telecom Bids to Dominate Ethiopia's Digital Future

An array of services from digital livestock tracking, push-to-talk/video communications to cloud-based banking, an education management system (EMS), and enterprise resource Planning (ERP) are available from the state-owned Ethio telecom. Ethio telecom has introduced seven new cloud-based digital services last week at the Skylight Hotel, on Africa Avenue (Bole Road), pledging to transform business operations, financial services, and education management. The company said that these solutions will help organisations cut costs, improve efficiency, and grow without investing heavily in physical IT infrastructure. The One-Office Collaboration tool helps teams manage tasks and store files within a shared workspace, while the Cloud-Based Contact Centre integrates phone calls, messages, and social media interactions into one platform. According to its CEO, Frehiwot Tamiru, the new services are expected to enhance digital connectivity and simplify operations for enterprises and institutions. “Customers can choose from various service packages based on their needs,” she said during the launch. The digital livestock tracking system allows farmers to monitor their animals in real-time using GPS and digital tags, a step the company’s executives believe will reduce theft and make it easier for farmers to access loans and insurance. The push-to-talk/video system offers secure, instant communication that replaces traditional two-way radios, a feature designed to serve security firms, logistics companies, and emergency teams. The cloud-based banking system targets microfinance institutions (MFIs) and savings cooperatives by enabling them to manage customer accounts, loans, and transactions more efficiently. The education management system is a cloud-based platform that handles enrollment, student records, fee payments, and communication between teachers, students, and parents, which Ethio telecom said will modernise school administration and improve the learning experience.


Radar

Tech Ministry Falters as Audits Expose Mismanagement, Unmet Ambitions

The Ministry of Innovation & Technology is under scrutiny after an audit revealed lapses in project management and financial oversight. This raised questions about governance standards within a Ministry central to the country's tech-driven growth ambitions. According to the Federal Auditor General, the Ministry has completed only 11pc of its planned projects with its overall financial administration standing at 37.4pc for a year-long project that commenced in 2022. Budget mismanagement an...


Radar

Central Bank Keeps Lending Lid Tight as Inflation Squeezes Economy

The Central Bank has reaffirmed its decision to maintain an 18pc cap on credit growth, reinforcing a commitment to tighter monetary policy during persistent inflation and economic uncertainty. The National Bank of Ethiopia's (NBE) monetary policy committee cited ongoing concerns over inflation, which stood at 19.9pc year-on-year (YoY), and liquidity imbalances as reasons to uphold the restriction on lending. Bankers and analysts interpret this move as evidence of regulators' determination to...


Radar

Ethio Telecom Expands Services with DStv Streaming

Ethio telecom enters the entertainment pool with bundled DStv streaming services through high-speed broadband internet and mobile data packages. The partnership with MultiChoice Ethiopia aspires to merge the telecom's fiber broadband and mobile network with DStv's content. Subscribers can access DStv channels through mobile data or fiber broadband bundles, with discounts of up to 35pc through Telebirr or My Ethiotel (*999#) and up to 26.5pc at sales centers for fiber broadband bundles. Acc...