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Preparations for the partial transfer of Ethio-Telecom to private ownership have been completed

The Ministry of Finance and the Public Enterprises Ownership and Management Agency, as well as the board of directors of Ethio-Telecom, have announced that the transfer of part of Ethio-Telecom has been completed.

The Ethiopian government has announced that the telecom companies interested in participating in the process of selling a 40% stake in Ethio Telecom, which is part of the privatization of public enterprises in 2018, will submit an Expression of Interest (EOI) from tomorrow, June 8, 2013.

The statement will be posted on the website of the Ministry of Finance and the Public Enterprises Ownership and Management Agency, Zinabu Yirga said.

The Declaration will last for 30 days and international investors are invited to participate in the Ethio-Partial Transfer in Africa.

He said the process not only brings the best of international experience to its forefront, but also serves as a major marketing consultant on financial, business planning, legal and tax planning.

Bidders should submit their Request for Proposal (RFP) in accordance with the bidding process.

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If higher education institutions do not focus on practical education and research, the existence of the institutions will be in jeopardy

Although higher education institutions have a mission to create competent manpower through problem-solving research, it has also affected the industry sector by focusing on theory.

Addis Ababa Chamber of Commerce and Sectoral Associations is holding discussions with stakeholders on how to connect higher education institutions with industries.

Addis Ababa Trade and Sectoral Associations Director, Getachew Regassa, said there are many public, private and technical institutions in the country but they are not working hard to produce productive citizens.

He said the lack of connection with the industry has not only hampered the industry but also increased the bone marrow problem.

Getachew Tefera, Director of Institutional Relations at the Ministry of Science and Higher Education, on his part said the fact that higher education students are focusing on theory has prevented the country from benefiting from research and industry.

Therefore, higher education institutions should focus on practical education and problem-solving research, and students should be connected to industries and teachers should be trained from international institutions.

For this, it is said that it is necessary to examine the country’s education policy and create a curriculum that focuses beyond practice.

His father graduated
June 08, 2013

Written by Editor


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