Ethiopia: PPDS Earned 120 Million Birr
Ethiopia’s Federal Public Procurement and Property Disposal Service (PPPDS) disclosed it generated about 120 million Birr from the sale of disposable vehicles.
Ethiopia: PPESA Earned 1.7 Billion Birr
The Privatization and Public Enterprises Supervising Agency (PPESA) announced that it has earned 1.7 billion birr from privatization of state-owned enterprises, previous sales arrears and state dividend from privatized companies, according to The Ethiopian Herald.
Ethiopia: PPESA Privatization Auctions Fails to Attract Bidders
Ghion Hotel and other four state-owned enterprises put up for sale by the Ethiopian Privatization and Public Enterprises Supervising Agency (PPESA) have failed to attract bidder, Fortune reported.
In addition to Ghion Hotel, PPESA has also floated Weyra Transport S.C, Transport Construction Design S.C, Agricultural Mechanization Service Enterprise and Artistic Printing Enterprise. All enterprises except Weyra Transport has been on the privatization auction block previously.
Ethiopia: PPESA to Privatize Additional Enterprises in the Second GTP Period
Privatization and Public Enterprises Supervising Agency (PPESA) intends to privatize 15 public enterprises in the second GTP Period, according to Walta Information Center (WIC).
Ethiopia: PPESA to Privatize Bahir Dar and Kombolcha Textiles
Privatization and Public Enterprises Supervising Agency (PPESA) decided to transfer Bahir Dar and Kombolcha textile factories by negotiating with a third party.
