Sierra Leone to privatise telco
GOVERNMENT| Sept. 25, 2012, 8:48 a.m.
Sierra Leone’s government has approved a proposal to privatise the ailing state-owned telco.
The fixed line, mobile and internet operator, Sierratel, has been labouring under millions of dollars in debt for some time. In May this year, Sierra Leon’s National Commission for Privatisation (NCP) signed a three-year contract with the Management and Development Co of Beirut to run the telco, in a bid to turn it around.
The NCP also tabled a proposal in Parliament on the privatisation of Sierratel. The Minister of Information and Communication, Alhaji Ibrahim Ben Kargbo, told Parliament that privatising the telco would be in the best interests of the country, ensuring proper management and serving to encourage investors. The proposal was unanimously approved.
MORE GOVERNMENT NEWS
Safaricom dominance under discussion in ParliamentA bill aimed at levelling Kenya’s telecommunications sector by declaring leading operator, Safaricom, as dominant in the industry, is now in Kenya’s parliament. Read More
KRA marks 2 millionth iTax registrationThe Kenya Revenue Authority (KRA), has sealed a major milestone in its organisational transformation journey, with the registration of its 2millionth iTax client. Read More
CBN extends BVN enrolmentThe Central Bank of Nigeria has extended the timeline for the enrolment for the national Bank Verification Number (BVN). Read More
NITA gets a new bossGhana’s President John Dramani Mahama has appointed a 35 year old computer scientist, George Atta-Boateng, as Acting Director General of the National Information and Technology Agency. Read More
Nigeria BVN deadline loomsBank customers in Nigeria are reported to be rushing to register for their biometric banking ID as the deadline for the BVNs looms. Read More
Young entrepreneurs in Rwanda told to be more creativeThe latest YouthKonnekt Hangout hosted by Rwanda’s Ministry of Youth and ICT (MYICT) in partnership with UNDP, ADMA, Tigo, and HeHe Labs, has urged young entrepreneurs to be innovative. Read More
Jumia gets visit from Côte d’Ivoire MinisterCôte d’Ivoire’s Minister of Post and Information and Communication Technology, Bruno Kone, has paid a visit to the offices of e-commerce firm Jumia. Read More
African heads of state to participate in TGAISFive heads of state have already confirmed their participation in the 2015 Global African Investment Summit. Read More
Francis Wangusi reappointed CAK DGThe Board of the Communications Authority of Kenya has announced the appointment of Francis Wangusi as the Director General for a term of four years, effective 22 August 2015. Read More
FEATURED STORYIHS plans to inject fresh $500m to grow capacity
Mohammed Darwish, managing director of IHS Towers, says the firm will soon inject another $500million into the business after raising some $2.5billion to finance expansion drives. Darwish spoke with biztecafrica.com in Lagos.
BEST READ NEWS
IN DEPTHAs curtain falls on MDGs, what next?
Dr. Bjorn Lomborg, president of the Copenhagen Consensus Centre, speaks to Biztechafrica about setting smart targets.