| Published Sun, September 17th 2017 at 11:32, Updated September 17th 2017 at 12:04 GMT +3Safaricom Chief Executive Bob Collymore. The changes allowed Safaricom’s parent company Vodafone Group to consolidate 35 per cent of its shareholding previously held in Safaricom under its South African subsidiary, Vodacom Group. “The answer for your question is Ethiopia planning to open telecom sector for foreign operates is no,” Dr Admassie was quoted by sections of the local press as saying. “We don’t open telecom sector for foreign companies because we need to use the money from the sector as enabler of the growth of the country. We don’t want to let in foreign operators and allow the profit from the sector leave the country,” he said.

Source: Standard Digital September 17, 2017 08:37 UTC