ADDIS ABABA – Prime Minister Abiy Ahmed, who was in a two-day state visit in South Africa invited the country’s business firms to take part in his planned privatization of state business enterprises including in telecom and energy sectors.
According to South African Broadcasting Corporation (SABC), Abiy said that South African investors have great experiences in running businesses in such areas as telecommunications, energy and logistics, which the Ethiopian government plans to privatize.
SABC reported yesterday from Johannesburg that the prime minister made the call in his briefing to the media following a bilateral and diplomatic relations meeting with President Cyril Ramaphosa at the Union Buildings in Pretoria on Sunday.
The South African TV quoted the prime minister as saying:“Ethiopia is now opening up to private capital in telecommunications, energy, logistics and other industries which South African investors have great experience on these fields we also discussed the way in which we could boost our trade volume between our two countries considering the great potential that exists particularly through the opportunities that the African continental free trade area provides for bilateral and intra – regional trade.”
The Ethiopian herald January 14/2012
BY STAFF REPORTER
