Opposition Party Demands Halt to Ethio Telecom Privatisation

Opposition Party Demands Halt to Ethio Telecom Privatisation

June 26 , 2020

The Ethiopians Citizens for Social Justice, known by its Amharic acronym EZEMA, has sharply criticized the ruling party‘s decision to privatise Ethio telecom. Stating that it lacked public dialogue, it called for the administration of Prime Minister Abiy Ahmed (PhD) to "immediately stop" the process. The Ethiopian government is actively pursui...

== The Ethiopians Citizens for Social Justice, k...

Twelve Global Companies Bid for Telecom License

Twelve Global Companies Bid for Telecom License

June 26 , 2020

A total of 12 companies, including prominent global telecom operators, have shown interest in securing full-service telecommunication licenses in Ethiopia. Nine of them are telecom operators, while two are non-telecom operators and the remaining was an incomplete submission. The Global Partnership for Ethiopia, a consortium of telecom operators...

== A total of 12 companies, including prominent...

Election Board Spurns Tigray State's Election Bid

Election Board Spurns Tigray State's Election Bid

June 24 , 2020

The National Election Board of Ethiopia has dismissed the fateful decision of the Tigray State Council to hold its regional election no later than September 10, 2020, deciding that any kind of elections will not be held until the Novel Coronavirus (COVID-19) pandemic is declared to pose no risk to public health. The Board made the decision in re...

The National Election Board of Ethiopia has d...

Tigray Regional Council Decides Regional Elections Due No Later than September 2020

Tigray Regional Council Decides Regional Elections Due No Later than September 2020

June 12 , 2020

Council members of the Tigray Regional State have passed, unanimously, a fateful decision to hold regional elections before the term of the existing council members come to an end in the first week of October 2020. Chaired by Raphael Sherif, 130 of the 152 Councillors attended have passed this decision two days after the House of Federation opte...

Council members of the Tigray Regional State...

Development Bank Cuts Interest Rate on Lending to 7.5pc

Development Bank Cuts Interest Rate on Lending to 7.5pc

June 11 , 2020

The Development Bank of Ethiopia (DBE) has slashed lending interest rates by four percentage points to 7.5pc for borrowers from hotel, poultry farming and processing and tour operation industries. The state policy bank also cut its commercial lending rate for other sectors and industries to 8.5pc to support its clients during the Novel Coronavio...

The Development Bank of Ethiopia (DBE) has sl...

Upper Chamber Approves Term Extensions for Federal, Regional Legislative Bodies

Upper Chamber Approves Term Extensions for Federal, Regional Legislative Bodies

June 10 , 2020

Members of the House of Federation today approved the term extensions of members of parliament, the House of Federation and regional councils, as well as federal and regional executive bodies, until the upcoming elections are held. The House approved the recommendation forwarded from the Council of Constitutional Inquiry with four votes made aga...

Members of the House of Federation today appr...

AfDB Commits $1.2m for Ethio-Sudan Railway Study

AfDB Commits $1.2m for Ethio-Sudan Railway Study

June 10 , 2020

Directors of the African Development Bank (AfDB) have approved 1.2 million dollars in grant to pay for the feasibility studies for a 1,512Km railway line that is planned to connect Ethiopia with Sudan. The rail line is planned to start from Addis Abeba and pass through Weldia, Wereta, Gonder and Metema, covering 594Km in Ethiopia's territory. Ac...

Directors of the African Development Bank (Af...