My Opinion | 108826 Views | Aug 14,2021
May 21 , 2020
The Ministry of Finance has decided to transfer 40pc of Ethio telecom to private owners, a decision that will allow the government to retain a majority holding of the company.
The Ministry is also in the process of hiring a transaction advisor that will oversee the partial privatisation process of the over-a-century-old company and shepherd it from the pre-preparation to final endorsement phases. Ethio telecom hired KPMG East Africa to conduct an asset valuation; a second draft report on the work has already been submitted a month ago.
In addition to ending the monopoly of the telecom industry, the government is also in the process of issuing operating licenses for two telecom service providers that will operate along with Ethio telecom. The Ethiopian Communications Authority has launched a request for Expressions of Interest (EOI) today to issue two new telecommunications licenses.
My Opinion | 108826 Views | Aug 14,2021
My Opinion | 105220 Views | Aug 21,2021
My Opinion | 104031 Views | Sep 10,2021
My Opinion | 103323 Views | Aug 07,2021
Jul 20 , 2024
In a volatile economic environment, sudden policy reversals leave businesses reeling...
Jul 13 , 2024
Policymakers are walking a tightrope, struggling to generate growth and create millio...
Jul 7 , 2024
The federal budget has crossed a symbolic threshold, approaching the one trillion Bir...
Jun 29 , 2024
In a spirited bid for autonomy, the National Bank of Ethiopia (NBE), under its younge...