University Autonomy Proclamation Endorsed by Parliament

May 27 , 2023

The autonomy of universities which was a hot topic amongst Parliamentarians for months was ratified with only four opposing votes and 13 abstentions last week. With Addis Abeba University leading the way, all eight universities will be accountable for securing their own funding, with minimal financial assistance from the federal government. Students who can afford to finance their own education will be subjected to tuition fees. The Minister of Education, Birahanu Nega (Prof), highlighted the flimsy budgetary structure universities have been operating under for the past three decades, citing a meagre budget of 22 Br per student. He indicated that government will prioritise quality over quantity in the future. The Ministry of Education is expected to issue directives to regulate the implementation of the proclamation due to the dismal results of this year's university entry exams, with a 97pc failure rate. This has highlighted the insufficiency of qualified teachers and educational institutions.


Geda Special Economic Zone Receives Prospective Tenants

East African Holding and Ethio-Chicken have been shortlisted to invest in the Geda Special Economic Zone(GSEZ), located in the tri-state area shared by Mojo, Adama, and Shashemene cities within the Oromia Regional State. The two companies were selected from 120 investors who showed interest in acquiring space in one of the largest SEZs in Africa. Close to 404hct of land has already been developed in the expansive economic zone, out of a potential 24,000 hectares, with lease prices set between...


Standard Institute Revamps Fees, Board Restructuring

The Ethiopian Standards Institute (ESI) is set to introduce fees for standards sticker, establish a new governing board, and address collaboration with other regulatory bodies. The Institute plans to strengthen its financial standing by charging fees for standards and product certification services to support its operations and annual budget. A key change involves replacing the current Council of Standards with an 11-member Board of Directors. The Minister of Trade & Regional Integration...


Safaricom Ethiopia Rolls Out its Network to Tigray

With 125 self-built towers, Safaricom Ethiopia has launched its operations in the Tigray Regional State. Executives disclosed plans to invest in an additional 166 towers and expand their reach to the remaining towns. "This is the most exciting milestone in Tigray since the return of social services," said Getachew Reda, president of the Interim Regional State Administration. In July 2021, the consortium-backed telecom giant entered Ethiopia's market, historically dominated by state-owned E...