Ethio telecom is not a ‘cash cow’ as has often been claimed. It is an indebted malfunctioning liability holding back Ethiopia’s economy.
Last December, Prime Minister Abiy Ahmed launched a “homegrown” economic reform blueprint to further the ambitious initiative of making Ethiopia a middle-income country by 2025 and an “African Icon of Prosperity” by 2030.
The initiative, under the guidance of his hybrid Medemer philosophy, aims to overcome the structural and institutional hurdles facing Ethiopia through macroeconomic, structural, and sectoral reforms. The “homegrown” design of the program is a shrewd move by the administration to disentangle itself from ideological attachments.
As with recent previous government economic blueprints, the Homegrown Economic Reform program was developed to accommodate both the opportunities of the free market and the role of the state to address the country’s economic challenges—although with a tilt towards the non-state sector.
It envisages boosting the private sector’s contribution to the overall economy by opening up major public enterprises (Ethiopian Airlines, Ethio telecom, Ethiopian Electric Power Corporation, and Ethiopian Shipping & Logistics Services Enterprises) to private and foreign investment.
Ethio telecom is the first major enterprise to be put on the table and the process is now in its final stages.
Introduction Ethiopian labor law, primarily governed by the Labor Proclamation No. 377/1996 (as amended by Proclamations No. 466/1997 and No. 1156/2011 ), establishes a structured framework for resolving employment disputes. This blog post examines pivotal cassation cases that clarify critical legal rules related to jurisdiction, termination, wage deductions, wage increases, and bonus eligibility. These cases highlight the importance of adhering to statutory procedures and respecting the administrative framework of employers under Ethiopian law. Case No. 192951: Jurisdiction in Individual Employment Disputes Key Legal Rule : Under Labor Proclamation No. 377/1996 (as amended), individual employment disputes are subject to a single level of appeal, with the regional high court’s decision being final unless a fundamental legal error is identified by a cassation bench. Applying regional laws, such as Oromia Proclamation No. 216/2011 , to extend appellate jurisdiction beyond this framewo...
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