Streaming issues? Report here
paul-mtirara-thumbnailjpg paul-mtirara-thumbnailjpg
Soulful Sundays with Paul Mtirara
13:00 - 16:00
volume_up
volume_mute

Up Next: Soulful Sundays with Nonn Botha
See full line-up
Soulful Sundays with Paul Mtirara
13:00 - 16:00
Home
arrow_forward
Business

Ethiopia – Africa’s fastest growing economy - is privatising state-owned firms

18 September 2019 10:46 AM
Tags:
Ethiopia
Africa
The Money Show
Bruce Whitfield
Deloitte
Ethiopian Airlines
privatisation
Martyn Davies
liberalisation

It’s a country that is focussed, to say the least, says Dr Martyn Davies, MD of Emerging Markets & Africa at Deloitte.

It’s a country I first went to a dozen years ago. To go back every year, you literally see the rapid progression… driven by increasing speeds of liberalisation of the economy.

Dr Martyn Davies, Managing Director - Emerging Markets & Africa, Deloitte

One of the best airlines in the world – Ethiopian Airlines, purely state-owned – is going to be privatising… a country that is focussed, to say the least.

Dr Martyn Davies, Managing Director - Emerging Markets & Africa, Deloitte

Ethiopia is one of the fastest-growing economies in the world.

GDP growth rates averaging 10% over the past 15 years have caused its economy to radically transform.

The Ethiopian government has liberalised key sectors of its economy and plans to privatise state-owned companies.

The Money Show’s Bruce Whitfield interviewed Dr Martyn Davies, Managing Director of Emerging Markets & Africa at Deloitte.

Listen to the interview in the audio below (and scroll down for more quotes from it).

Very high infrastructure investment… mostly Chinese finance, but also from other parts of the world…

Dr Martyn Davies, Managing Director - Emerging Markets & Africa, Deloitte

East Africa is effectively becoming near-Asia… they’re moving away from us [South Africa] … The Chinese are building a sphere of commercial and political influence in our region…

Dr Martyn Davies, Managing Director - Emerging Markets & Africa, Deloitte

China as a creditor is pretty lenient. There are political strings, of course… Assets will convert into empire…

Dr Martyn Davies, Managing Director - Emerging Markets & Africa, Deloitte

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:


18 September 2019 10:46 AM
Tags:
Ethiopia
Africa
The Money Show
Bruce Whitfield
Deloitte
Ethiopian Airlines
privatisation
Martyn Davies
liberalisation

Recommended

More from Business

Restaurant with spaced table for Covid-19 social distancing

Load shedding yet another blow for struggling SA businesses

11 July 2020 2:19 PM

Eskom is implementing stage two load shedding for a second day, while technicians work to bring generating units back online.

Share this:
Read More arrow_forward

Darkness, no electricity, load shedding

Loadshedding to be implemented from Friday - Eskom COO

10 July 2020 11:03 AM

More generating units have broken down, resulting in the utility battling to meet the high demand for electricity.

Share this:
Read More arrow_forward

wifi-internet-data-broadband-cell-phone-mobile-device-network-providers-123rf

Small Business Focus: How to get your marketing right in a shrinking media world

9 July 2020 8:38 PM

Pavlo Phitidis says focus must be on the customer group you are trying to reach. You've got to get your demographics right.

Share this:
Read More arrow_forward

broken-heart-broke-money-coins-finances-love-relationship-divorce-break-up-123rf

Personal Finance Feature: Julia - The super saver

9 July 2020 8:02 PM

Though leaving corporate to venture into tourism has been a big test of resilience, she is still happy with her decision.

Share this:
Read More arrow_forward

180710sactwu-strikejpg

SA is becoming a country of old people. Median age has risen from 23 to 27

9 July 2020 7:30 PM

Lumkile Mondi says skills and knowledge that have driven a lot of the growth in the past are going to be undermined.

Share this:
Read More arrow_forward

190430-joburg-soca-edjpg

City of Joburg tables R68.1bn budget for 2020/2021

9 July 2020 5:25 PM

This follows several delays which saw the Gauteng government throw the book at the city’s council threatening to place it under administration.

Share this:
Read More arrow_forward

Woman saving money piggy bank mask 123rf 123rfbusiness 123rflifestyle

Supersaver Julia has changed lives, and she can change yours! – Bruce Whitfield

9 July 2020 3:00 PM

Need the inspiration to save? The Money Show’s Bruce Whitfield interviews “Supersaver Julia” at around 7:15 pm tonight.

Share this:
Read More arrow_forward

200106-daniel-mminele-edjpg

Daniel Mminele on his shapeshifting career

8 July 2020 8:43 PM

Absa CEO Daniel Mminele says they had to transition very quickly within a very space of time into operating in a new normal.

Share this:
Read More arrow_forward

171227prieska-arrestjpg

Payment methods ... the good, the bad and the ugly

8 July 2020 8:14 PM

Wendy Knowler says it is expensive to issue or bank a cheque. For example, to deposit a cheque can cost well over R100.

Share this:
Read More arrow_forward

123rf A pile of two hundred rand notes, South African currency money

For the first time in SA there is a specific law on how banks treat customers

8 July 2020 7:42 PM

Caroline Da Silva of the FSCA says they will look into patterns of complaints to see how to change a bank's behaviour.

Share this:
Read More arrow_forward