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General

Ghana govt defends sale of Ghana Telecom

Wednesday 30 July 2008 | 14:56 CET | News
The Ghanaian government has underlined its determination to sell 70 percent of its interest in national telecoms operator Ghana Telecom to Vodafone. The Vodafone deal has attracted criticism from the political opposition and some unions who say the offer was too low and there should be greater public debate before parts of the firm are sold to private investors. Communications Minster Benjamin Aggrey Ntim explained that the sale is the only way to salvage the ailing national asset. Describing the company's present state as a definite source of worry for any investor, including the government

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Categories: General
Companies: Ghana Telecom / Vodafone
Countries: Ghana
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