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Vol 49 No 17

Published 22nd August 2008


Ghana

Right number, right time

Just as the government runs out of money before the elections, along comes an offer that is hard to refuse

It is a rule of politics that any substantial sale of state assets agreed less than six months before national elections needs close scrutiny. The government's decision to sell a 70% stake in state-owned national telephone operator Ghana Telecom (GT) to Britain's Vodafone Group for US$900 million clearly falls into this category. Opposition lawyers have launched a court action to stop the deal.

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