ECA
English FA ‘exploring all options’ to prevent Super League repeat
English football is set for a fan-led review, under the direction of former sports minister Tracey Crouch, following the fall-out from the widely criticised breakaway plans. Twelve of Europe’s leading clubs — including the Premier League’s “big six” — announced late Sunday they had signed up to compete in the Super League. But the plans dramatically unravelled two days later as clubs withdrew following an outpouring of outrage from fans, governing bodies, players and politicians. Liverpool, Manchester United, Arsenal, Chelsea, Manchester City and Tottenham all swiftly confirmed they would not be moving ahead with the proposals, which would have seen founder members exempt from relegation. Bullingham is determined there must be no repeat of the chain of events, which caused an uproar throug...
PSG president replaces Juventus supremo as ECA chairman
Paris Saint-Germain president Nasser Al-Khelaifi has been appointed as the new European Club Association chairman, replacing Andrea Agnelli in the wake of the Juventus executive’s departure. Agnelli stepped down from the ECA in response to the formation of the Super League, assuming the role of the new competition’s chairman. Although the Super League is not set to go ahead, Al-Khelaifi has been named as Agnelli’s replacement after his club resisted an invite to join the new competition. “I am honoured and humbled to have been appointed by my fellow ECA Executive Board Members as Chairman,” he said in a statement. “The leadership, integrity and togetherness of our organisation has never been more required than at this pivotal moment in European football. “I will provide my unconditional co...
Borussia Dortmund chief confirms BVB, Bayern Munich reject Super League
Borussia Dortmund CEO Hans-Joachim Watzke has confirmed that both Dortmund and Bayern Munich are against the formation of a Super League. Plans to launch a Super League were announced by 12 of Europe’s leading clubs late on Sunday night. However, they do not have the support of either of Germany’s two biggest clubs. “The members of the European Club Association (ECA) gathered for a virtual conference on Sunday evening and confirmed the board decision of last Friday remains valid,” Watzke said in a statement released on Dortmund’s website. “This decision means the clubs wanted to implement the planned reform of the Champions League. It was the clear opinion of the members of the ECA board to reject the plans to form a Super League. “Both German clubs who are represented on the ECA board, Ba...
Safaricom to Bid on Opportunity to Expand in Ethiopia
Image sourced from Techweez Safaricom is now one of six companies vying for the chance to claim one of two Ethiopian telecoms licences. This is one opportunity that the telco has been waiting on and one that might grant access to a licence in an economy with more than 100-million people. This comes after the Ethiopian Telecommunication Authority (ECA) issued a statement last year announcing that the country would be open to selling a 40% stake in the state-owned company. In response to this announcement, Safaricom and, its parent company, Vodacom both expressed their interest in buying a stake in Ethio Telecom. According to Bussiness Daily, the ECA has “whittled the list down from a consortium of 12 that had expressed interest in entering the country’s telecommunications market”. The conso...
Ayo Fayose: President Buhari must account for $1 billion taken from excess crude account
Former Governor of Ekiti State, Ayodele Fayose has queried President Muhammadu Buhari to account for the $1 billion withdrawn from the Excess Crude Account (ECA) to battle insecurity in the country. However, newsmen found that the call may be superfluous as government rendered an account on 22 July. Oblivious of this, Fayose, in series of tweets appeared to suggest that the money had been wasted, because of the rising killings and kidnappings being witnessed on daily basis. “Nigerians should recall that I took a stand openly against withdrawal of the $1bn,” he said. According to Fayose, 30 months after the $1bn was released, Nigerians, including soldiers and FG officials were complaining of no arms and ammunition to combat insecurity in the country. “When in December 2017, FG took $1bn fro...
ECA Suspends Plans to Privatise Ethio Telecom
Sourced from allAfrica. In May, the Ethiopian Telecommunication Authority (ECA) issued a statement announcing that the country would now be open to selling a 40% stake in the state-owned company, Ethio Telecom. In response to this announcement, Safaricom and, its parent company, Vodacom both expressed their interest. However, it looks as though this opportunity was short-lived as the ECA has since suspended its plans to privatize the telco. According to TechNext, Africa’s oldest telco supplies more than 40 million of 115 million Ethiopians with mobile network and Internet services. /* custom css */ .tdi_3_645.td-a-rec-img{ text-align: left; }.tdi_3_645.td-a-rec-img img{ margin: 0 auto 0 0; } But in recent times, locals have began calling out the slow, unreliable internet connection and poo...
Federal, states, local governments share N651 billion revenue
The Federation Account Allocation Committee (FAAC) at the weekend shared a total of N651.184 billion as June 2020 allocation among the federal, states, local governments, and relevant agencies in the country. This is N103.877 million higher than the N547.309 billion shared for the month of May. A communiqué released by the FAAC after its monthly meeting at the weekend for the month of Julne 2020 which was held via virtual conferencing, put gross statutory revenue available at N524.526 billion. According to the communique, the meeting chaired by the Accountant General of the Federation, Ahmed Idris, put gross revenue from the Value Added Tax (VAT) at N128.826 billion while revenue from the Exchange Gain was N42.832 billion. This brought the total revenue for the month to N696.184 billion. F...
Unique Health Platform Could Benefit 800 Million Mobile Subscribers in Africa
Sourced from Redbubble and iStock. “With this platform, we have the possibility of reaching between 600 million and 800 million mobile subscribers in Africa,” says Vera Songwe, Executive Secretary of the Economic Commission for Africa (ECA), during the virtual launch of the Africa Communication and Information Platform for Health and Economic Action (ACIP) on 23 June 2020. ACIP is a mobile-based tool for two-way information and communication between citizens and governments. It furnishes national and regional COVID task forces with user-generated survey data and actionable health and economic insights that will enable authorities to better analyze pandemic-related problems and implement appropriate responses. Dr John Nkengasong, Director of Africa CDC says the platform offers a “unique opp...
Safaricom Eyes an Opportunity to Expand into Ethiopia
Sourced from CGTN. Safaricom PLC is planning to extend its reach into Ethiopia, Kenya’s northern neighbour. Although not initially successful with its first few attempts, new changes within the Ethiopian government may prove beneficial for the mobile carrier to finally establish a presence within the country. Last month, the Ethiopian government said that it would be impossible for Safaricom’s M-PESA service to have any space in the market. The Ethiopian central bank about reiterated that no foreign financial institutions would be allowed to offer mobile money services in the country. Now, the good news for Safaricom is that the company was recently offered a window to buy into Ethio Telecom, the country’s mass-monopoly provider whose privatisation process is currently underway. This is on...
