Business

Business – BBC News

Consumers will soon have a lot more choice when it comes to their mobile phone provider

The first stage in the opening up of one of the continent’s
largest telecoms markets is now complete as Ethiopia’s communications regulator
has revealed that it has received interest from 12 potential buyers of two
licences.

Up to now, state-owned Ethio Telecom has had a monopoly
on the phone and internet business in Ethiopia, which has a population of 109
million.

The introduction of competition could transform the market
and boost the number of mobile subscribers, which stood at 37 million in 2017
according to the World Bank.

In a statement, the Ethiopia Communications Authority (ECA) said
that of the 12 submissions, nine were from telecoms operators, two were from
non-telecoms companies and one was incomplete.

Among those interested are:

  • A joint South African-Kenyan-British bid from Vodafone,
    Vodacom, and Safaricom
  • South African company MTN
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Business – Wikipedia

Organization undertaking commercial, industrial, or professional activity

Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).[1][2][need quotation to verify][3][4] Simply put, it is “any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”[5]

Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner’s personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.

The term is

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business – AOL Video Search Results

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