Minority spokesperson on Parliament’s Communications Committee, Sam George, is demanding that the federal government submits the settlement masking the proposed sale of Vodafone Ghana to the Telecel Group to Parliament for scrutiny.
Talking on Prime Morning, Mr George advised host Roselyn Felli that the deal has but to be introduced earlier than Parliament, although it’s a world settlement.
In keeping with Ghana’s legal guidelines, worldwide agreements undertaken by the federal government should get hold of parliamentary approval earlier than they are often sanctioned.
Which means that the sale of Vodafone Ghana to Telecel Group should be mentioned and accepted by Parliament earlier than it may be finalised.
Talking on the present, Sam George, who doubles because the MP for Ningo-Prampram, stated, “Parliament must approve any worldwide transaction based mostly on the Structure. The NCA has given conditional approval for the conversations to begin. The deal has not been consummated but.”
Early this month, the Nationwide Communications Authority (NCA) granted conditional approval for Vodafone Worldwide Holdings to promote its 70% stake in Vodafone Ghana to Telecel Group.
Though the deal has been accepted by the NCA, it, in response to him, might not be implement with out Parliament’s approval.
Nonetheless, the approval remains to be pending the analysis of the revised proposal from the Telecel Group.
5 months in the past, the NCA disregarded the Telecel group taking up Vodafone Ghana, however Sam George has questioned the sudden change of determination by the authority.
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NCA approves sale of Vodafone Ghana to Telecel
With the MP calling for scrutiny of the deal to make sure that the nation doesn’t lose out, the end result of discussions on the Committee stage can have a major influence on the telecommunications business in Ghana.
Contemplating the takeover, what does the long run maintain for Vodafone Ghana and its workers? Are there going to be job losses?