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Home News Telecom & Tech

Ethio Telecom to kick off Ethopian stock trading with 10pc flotation next week

admin by admin
October 10, 2024
in Telecom & Tech
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Ethio Telecom will become the first company to list on Ethiopia’s new stock market next week when the government sells a 10 percent stake in the company, Brook Taye, the CEO of its owner Ethiopia Investment Holdings, told Reuters.

The establishment of a bourse as well as the privatisation of State-owned enterprises is part of Prime Minister Abiy Ahmed’s push to open up the country to greater private investment.

Ethiopia has listed…



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Tags: ethio telecomethiopian stock exchange
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