
Audio By Carbonatix
The Member of Parliament for Tamale South, Haruna Iddrisu is demanding clarity on an alleged sale of the government of Ghana's 30 percent stake in Vodafone Ghana.
According to him, the billion-dollar asset that belongs to Ghana has been sold on credit for a paltry US$100 million.
He lamented further over the telecom sector which used to be an avenue of revenue for the government but has withered away, demanding an explanation from the Communications Minister.
He said the Minster, Ursula Owusu-Ekuful must come and explain to the House.
“Mr. Speaker on my own accord, I want the Hon. Minister of Communications to come and respond to this House, whether it is true that Ghana’s 30 percent stake in Vodafone Ghana has been sold to the majority holder, on credit for less than US$100 million and what the state of that transaction is, as an economic transaction within the meaning of Article 185 of the 1992 Constitution and probably also to update this House on the withering away of Ghana’s telecom landscape and this trend,” he said on the floor of Parliament.
According to him the sector which used to bring in a lot of revenue for the state has been run down by the government.
In 2016 Ghana granted Vodafone International Holdings (VOD.L) approval to sell its 70% stake in Vodafone Ghana to Telecel Group, the country's telecoms regulator said on Monday.
The National Communications Authority (NCA) approved the sale after Telecel submitted a revised financial and technical proposal in December. The NCA had turned down an initial sale plan submitted by Vodafone Ghana early last year as it did not meet required regulatory standards
The NCA said that the revised proposal provided more clarity on the funding required for the transaction and met the regulatory threshold.
Latest Stories
-
Solomon Owusu accuses South African government of backing attacks on Ghanaians
7 minutes -
Finance Ministry releases GH¢350 million for flood relief and mitigation following Mahama directive
39 minutes -
Flood-hit Ghana Digital Centres says staff not dismissed, contracts only temporarily suspended
57 minutes -
No severe rainfall expected today, but showers likely over weekend – GMet
60 minutes -
Today’s front pages: Thursday, July 2, 2026
1 hour -
Finance Ministry credits GH¢350m to flood relief and mitigation accounts
1 hour -
GMTF advances rollout of Medicines List to improve access to specialised treatment
2 hours -
Mahama rallies traditional leaders for Free Primary Healthcare policy
2 hours -
We are losing huge capital, amidst debts and hypertension – Takoradi market traders lament
2 hours -
Fair Wages Commission pledges 90% reduction in strikes
2 hours -
Be emboldened by virtues of murdered judges to dispense justice fairly – Moderator
2 hours -
‘Prioritise flood control funding’ – Haruna Iddrisu urges Parliament
2 hours -
Shippers decry container evacuation delays at Tema Port
3 hours -
GES trains fourth cohort of district teacher support team on early childhood education
3 hours -
‘The slopes are too steep’ – Urban planner warns unsafe buildings are still being approved
3 hours