Ethio Telecom, the fully state owned telecom monopoly in Ethiopia, has ‘harvested’ 22 billion birr (about $670 million at the current exchange rate) gross profit during the first six months from July 1 to December 31, 2019.
Ethiopia invites South African investors...
Prime Minster Abiy Ahmed of Ethiopia, who was in a two – day’s state visit in South Africa invited South African businesses to invest in his planned privatization of state enterprises.
Ethiopia state enterprises debt surpasse...
Debt of twelve state enterprises in Ethiopia surpasses $5.6 billion, according to the latest report of the state enterprises’ regulatory agency.
State enterprises in Ethiopia collect $9...
Ethiopia’s state enterprises have collected total revenue of 258.51 billion birr (about $9.44 billion) last Ethiopia fiscal year concluded July 7, 2019.