Ethiopian News

  • Ethio telecom refutes recent news to charge VoIP apps

    (by Andegna Tube) Ethio telecom, the sole telecom service provider in Ethiopia, refuted the recent VoIP charge news claiming that its Chief Executive Officer has been misquoted. Despite the report that the telecom is implementing new technology that would charge Voice over Internet Protocol (VoIP) users for services such as Viber and Whatsapp, which are applications free of charge.

    A statement posted on the company’s social media page today reads “some Medias released that ‘Ethio Telecom to charge for VOIP (apps like Viber and whatsapp)’ however the CEO Mr. Andualem has been misquoted and correction will be done by the journalist soon.”

    Initially, the CEO, Andualem Admassie, was quoted for having said that, the company is in the process of implementing a new technology called Policy Charge and Control system (PCC) to control VoIP services that its customers use via the telecom operator’s network.

    According to the media report that the company will not ban the services, however, will implement the technology to control the use of these services through its network allowing the telecom company charge for the VoIP services.

    Although the use of VoIP applications is not technically free as it would still require the use of an internet connection provided by the telecom monopoly, Ethio telecom has stated that it has been losing revenue due to the applications, said the report. Services provided by applications such as Viber, WeChat and Whatsapp are popular amongst people as they are a cheaper alternative to connecting with friends and families as compared to a direct call.

    Meanwhile, the refuted report has also cited the telecom’s step to implement another technology called Equipment Identity Register (EIR) to curb the inflow of untaxed mobile phone apparatus entering the country illegally.

    This technology will have the capacity to not only shut down the sim-card but also stop the apparatus from working, it will be out of the network system completely. This system is also good because if a person’s phone is stolen, the owner can shut the system down so that the stolen phone cannot be used, according to the CEO. The implementation of the technology expected to be in effect as soon as within weeks will mean that phones that came into the country without being taxed, may not be able to function.

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  • Ethiopia puts cash on African Trade Insurance Agency

    (by Andegna Tube) An awaited proclamation, to establish the African Trade Insurance Agency (ATI) that Ethiopia assume to benefit its insurance companies and other business institutions from the special insurance services provided by the Agency, has been passed by the House of Peoples Representatives with a loan amount over US$ 4.9 million from the African Development Bank.

    ATI, an insurance agency that guarantees trade exchanges to its member countries was established in 2001 by seven African countries with financial and technical support of the World Bank to reduce investment and trade risks in the continent. It now has 40 member states and investments worth US$ 17 billion in Africa.

    The loan, which is a soft loan with nil interest rate, has long period of 30 years of repayment time having ten years of grace period with 0.75 percent annual service charge and 0.05 percent compulsory payment for non-performing loans after two months of the agreement.

    ATI membership offer a country to receive dividends from the profits of the agency. The services of the ATI include insurance convergence to the sale of goods on a letter of credit, trade risk insurance products in the import and export of goods as well as during trade embargoes among member African countries.  ATI also covers political risks by giving guarantee to companies’ loss in cases of nationalization, confiscation, cancellation of license in the investment receiving country, change of polices, government, civil war and terrorism.

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  • Three dies, over 20 injured in Addis traffic accident today

    (by Andegna Tube) Three people died while over twenty have been injured in a traffic accident on Monday around 10:10 am in the morning in Kolfie 18 area of the Kolfie Keraniyo Sub-City in Addis Ababa.

    A heavy 'Turbo' truck, supposed to have caused the horrific accident damaging six vehicles including three minibus taxis, two automobiles and a pickup.

    The cause of the traffic accident is still not clearly identified which the police is investigating, according to Deputy Inspector Assefa Mezgebu, Spokesperson of the Addis Ababa Traffic Office.

    "Two of the vehicles are completely damaged”. Despite reported death of four peoples police claimed three. A nearby pharmacy and neighboring mobile shop were  completely damaged, according to police. The financial loss is yet to be known.

    Reports indicate that, on average two accidents occur every hour in Addis Ababa which tall the risk of traffic accident death at the capital to be 41 percent. The number of accidents in Addis keep increasing. The damage of car crashes, for instance, rose by 12.7 percent to over 20,422 last year, when over 400 people died and 2,755 were lift to live with an array of physical injuries.

    Twelve of every 100,000 Addis residents lose their lives as a result of road accidents annually, reports say.

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  • Ethiopia’s cash-cow ethio-telecom secure over 10 bln Br revenue

    (by Andegna Tube) Ethiopia’s sole telecom service provider, ethio-telecom, said it has secured over 10 billion Birr revenue in the last six months which has increased by 33 percent compared to the same budget period of last year.

    According to the state owned corporation the revenue has been achieved at 111 percent which could account more but the increasing telecom fraud. The telecom says the number of telecom related scams have also increased as a serious challenge.

    The number of telecom’s customers have also increased to 43.6 million. The Corporation, however, missed its target for the reported period by 10 percent. Finest of all, the number of mobile phone users have now reached to 42.3 million showing eight percent short of the target number, which was 46.2 million. Out of the current number of mobile users, about 40 million customers are active users. However, the number internet users over this last six months have increased to 12.4 million customers.

    Despite this improving records of the sole telecom service provider in Ethiopia, quality service remains a major issue. 

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  • Ethiopia suffer worst loss in Algeria

    (by Andegna.com) Ethiopia suffer worst loss against Algeria at Stade Mustapha Tchaker in Blida, this evening, as the two met on first-leg played for the Gabon 2017 African Cup of Nations qualifiers. Walias surrendered 7 goals for Desert Foxes with sweeping tactical incompetence.    

    Commentators at home dubbed the game ‘shameful’ questioning the exact tactical disciple of the Ethiopian side coach, while displayed, Walias were not allowed to play their natural game neither failed to defend their line which cost the nation seriously.

    Algeria opened goalless strike at the 6th minute, same Ethiopia seem to sustain ball possession on 4-1-4-1 tactical disciple. Algeria’s stiff strike position Sofiane Feghouli to score the first goal at 23rd minute.

    Algeria’s opening goal changed the game spirit while the British Premier League, Leicester City side star, Riyad Mahrez repeatedly broke into the Ethiopian defense line. The host have well benefited from the right wing and produced 6 more goals by Feghouli, Islam Slimani and Safir.

    Algeria could have been scored more if Brahimi was able to net the penalty awarded at 35th minute. Ethiopia’s goal keeper Tarik Getnet managed to abort best scoring opportunities made by Algerian attack, he however remain unlucky to hold as many as 7 goals at the post in a latest Ethiopia football history.  

    Ethiopia was once defeated by Egypt and Cote d’ivoire with 8 and 6 goals, respectively. Forward Getaneh netted a goal which was also the only attempt of the second half at 85th minute.

    Algeria coach Christian Gourcuff will be escorting his team for the second leg to be played coming Tuesday in Ethiopia while his job seems to be finished at the first leg.    

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