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 Proclamation No. 377/1996 and its amendments ( Proclamation No. 1156/2011 ), provides a robust framework for addressing employment disputes. This blog post examines key cassation cases that clarify legal obligations regarding work experience certificates, wage disputes, termination procedures, and employee rights during business restructuring. These cases underscore the importance of statutory compliance and procedural fairness in Ethiopia’s labor law framework. Work Experience Certificates Case No. 215642 (Dec 27, 2015 E.C.): Pilot Work Experience Certificates Key Legal Rule : Per Case No. 111337 and Article 12(8) of Proclamation No. 1156/2011 , employers are not required to include flight hours in a pilot’s work experience certificate. This interpretation remains consistent with the law’s intent, and no legal basis exists to amend it. Context and Outcome : The cassation bench upheld the prior ruling that flight hours are not ...
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