The chairperson of the Capital Markets Authority (CMA) has said all telecoms are expected to have listed within the next 12 months. While launching the realigned Capital Markets Authority Strategic Development Plan (for the 2021/25), Ms Jacqueline Kobusingye, the CMA chairperson, said there was no turning back now after years of engagement, noting that since...
The Communications Authority of Ethiopia (ECA) said on Wednesday February 17 on its social media that it has yet to shortlist any company for the two mobile phone licenses put up for sale. His reaction follows statements from Michael Joseph, CEO of mobile operator Safaricom, who, in an interview with businessdailyafrica.com , indicates that “ there are about...
Bickering among government officials on who should take over the management of Uganda telecom as provisional administrator could scare away prospective investors, experts say. UTL needs around Shs255bn to clear some of its Shs536bn debt and also help it upgrade its network to 4G especially in major towns of Kampala, Entebbe, Gulu, Mbarara, Mbale, Tororo,...
Ethiopia presses ahead with privatising world’s largest telecoms monopoly The monopoly is the crown jewel in a programme that will open the market to foreign investors for the first time The privatisation of the world’s largest telecoms monopoly has moved a step closer after Ethiopia launched a search for an adviser on the sale of...
The companies Weco Weco, specializing in renewable energies, and Telsam, dedicated to telecom equipment, signed a memorandum of understanding with the government of Djibouti, represented by Djibouti Telecom and Electricité Djibouti (EDD), for the construction of a data center in the country. The infrastructure that will be built in Bab El Mandeb, in the Obock...
