Ethiopia may give up majority control over its telecommunications monopoly in a second phase of privatisation once it’s sold 49% of the company next year.
As part of an ambitious reform programme, Prime Minister Abiy Ahmed plans to award telecommunications licences to two private operators next year, and sell a minority stake in Ethio Telecom.
Ethiopia plans to sell a minority stake in the state-owned phone monopoly and award telecommunications licences to two new operators in the first quarter of next year, the finance ministry said.
Ethiopian authorities shut down the Internet for a third day to prevent students from cheating in national examinations.
A decade ago, fierce battles were fought to get a number of Africa’s state-owned telecommunications operators into private hands and to strip them of their monopoly privileges. This happened in all but two of what are now sub-Saharan Africa’s most successful economies. The real laggards are
DStv operator MultiChoice is facing fresh allegations of anticompetitive behaviour, this time in Kenya, after rivals Wananchi Group and StarTimes accused the broadcaster of anticompetitive abuses in locking up key football rights. Wananchi Group, which owns Zuku TV, has written to