- Call Me Crazy: Confessions of a Black Friday Shopper
- US Firms Hit by Payroll Taxes at Exactly the Wrong Time
- Citi Mortgage Reveals Something the US Treasury Won't
- Fed Sanguine About US Recovery, Worried on Jobs
- Amended Berkshire Filing Reveals No 'Secret' Holdings
- In Time for Holidays: More Gloom and Doom on Economy
- Market Pros Reveal Top Black Friday Trades
- Holiday Guide to This Season's Smartphones
- Turkey Day 101: How Well Do You Know Your Bird?
- Citi Mortgage Reveals What Treasury Won't
- S&P to Hit 1,200 by Year-End: Chief Investor
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Facebook's Biggest-Ever Holiday Shopping Season
- Facebook's New Dual Class Structure - Slow Steps to an IPO
- 5 Big Bank Stocks Investors Should Consider: Strategists
- Gambling Drunk, Texting to Live And America's On Sale - Your Emails
- Nov. 24: Unusual Volume Leaders
- NBA D-League On The Rise
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- CNBC Anchor Takes a Sabbatical
- NBA D-League On The Rise
- Wednesday's Economic News Crunch Could Tilt Markets
- Celling Flu Vaccines
- Madoff—The Holiday Drink
- Citi Mortgage Reveals What Treasury Won't
- Privately Held Facebook Creates Dual-Class Stock
- Cramer’s Christmas List
Text Size 
ACCRA, Nov 5 (Reuters) - British mobile phone operator Vodafone Group said it was ready to talk to Ghana about its purchase of a controlling stake in Ghana Telecommunications (GT) last year. Ghana's government had said earlier in the week it backed Vodafone's $900 million purchase of the 70 percent stake in GT but wanted to talk about some issues. "Vodafone looks forward to a constructive re-engagement with the government to find ways that Vodafone can support Ghana's goals even more in future," Vodafone said on Wednesday. The move came two weeks after a Ghanaian government committee ruled the deal illegal, unnerving investors. The government committee said the price was too low, that the government did not receive an adequate return, and that Ghana should have retained Ghana Telecom's national fibre-optic cable as a strategic asset. Ghana's government has said future talks should be handled by technical experts and negotiators and talks with Vodafone would include issues relating to the operation of the National Fibre Optic Backbone. Concerns over the Vodafone deal coincide with Ghana's review of a reported multi-billion dollar deal by U.S. oil company Exxon to purchase Kosmos Energy's stake in the giant offshore Jubilee oil field. Analysts have said the confusion over the two major deals could risk scaring off foreign investors. (Reporting by Kwasi Kpodo; Writing by David Lewis; Editing by Dan Lalor) Keywords: GHANA VODAFONE/ (Dakar Newsroom +221 338645076) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Print
Email
- Remember when auto shows were major events where new models could generate buzz?
- CNBC’s Mike Huckman visits a cutting-edge plant to see how the flu vaccine of the future is being made.
- People who bottle up their anger at work are up to five times more likely to suffer a heart attack, a study found.
- Playboy will outsource its publishing operations in a bid to become profitable again.
- A new McDonald's in Manhattan is the nation's first to sport a sleek, chic interior imported from stores in London and Paris.
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
Data is a real-time snapshot *Data is delayed at least 15 minutes