The Minister for Communication and Digitalization, Ursula Owusu, has revealed that the government has not sold its 30% stake in Vodafone Ghana.
The minister’s revelation follows a question posed by the member of Parliament for the South Dayi constituency, Rockson Nelson Defeamekpor, who sought to know whether the government had plans to sell its shares in Vodafone Ghana.
Answering the question, Ursula Owusu stated categorically that the government of Ghana has no plans of selling its 30% shareholding in Ghana Telecommunications Company Limited.
She added that Vodafone Ghana transferred its 70% stake in the company to the Telecel Group in February 2023.
Meanwhile, former Minority Leader Haruna Idrisu indicated that he was not satisfied with the answer provided by the minister.
He stated that the minister should have provided the house with the amount or value of the 70% sold to Telecel.
The former minister for Communication, Haruna Idrisu, added that Vodafone Ghana cannot sell its 70% shares without valuing all the 100%.
He lamented that it is impossible and surprising that the minister doesn’t know how much the 70% shares cost.
He therefore insisted that the minister provide the shareholder agreement to Parliament for proper scrutiny.