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Vodafone to hand management of Ghana unit to South African division

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Vodafone Group Plc will hand over management of its Ghana unit to the United Kingdom carrier’s separately listed South African division in April, the latest step to bring the company’s operations on the continent under one roof.

Johannesburg-based Vodacom Group Limited will take responsibility for the West African business alongside other units including Tanzania, Mozambique, the Democratic Republic of Congo and South Africa, Chief Executive Officer Shameel Joosub said in an interview.

Vodafone Ghana will keep its branding and there will be no transfer of assets from the UK parent, he said.

The move marks the second change by Vodafone to its Africa operations this year, part of a wider effort to simplify the sprawling global carrier and focus management attention on fiercely competitive European markets.

The Newbury, England-based company agreed to sell its Egyptian business to Saudi Telecom Co. for $2.4 billion last month to focus on the sub-Saharan region.

And in 2017, Vodafone transferred a minority stake in Kenya’s Safaricom Ltd., East Africa’s biggest company, to Vodacom in an all-share deal worth about $2.6 billion.

Vodafone sales recovery continues, Sees Tower IPO in 2021

The changes add the kind of geographical reach that Vodacom could benefit from if the parent company eventually decides to sell down its 60 per cent stake. Even if it doesn’t — Joosub said such a move is not on the cards — putting the African businesses under the same management may help Vodacom gain economies of scale.

“The larger group has sold some assets in north Africa, and the focus will be on sub-Saharan Africa under Vodacom,” Joosub said at the carrier’s offices north of Johannesburg.

The CEO was also awarded a place on Vodacom’s executive committee late last year, bringing him closer to the ear of Vodafone CEO Nick Read.

Source: Bloomberg

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Frederick Nuetei Nortey known professionally as Frederick Nortey is a Ghanaian Celebrity Blogger and publicist.He founded fredericknuetei.com an entertainment website and blog that primarily publishes news about Ghanaian Celebrities.

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Wendy Shay’s ‘Pray for the World’ back on YouTube

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Wendy Shay is in the news again, and this time, her lawyers have been able to bring back her “Pray for the World” music video back on YouTube. 

The song “Pray for the World” was Wendy’s first single in the year 2021 and YouTube  pulled it down for copyright similarities with popular hit song from South Africa “Jerusalema”. We remember Wendy was very upset about the issue and promised her fans that her lawyer will deal with YouTube. 

Today the issue has been solved and the video is back on YouTube. “SHAYGANG we won ..yes we move ! SG ur Queen never stole any song oo …Pray for the world is back on YouTube and all digital platforms,” she shared on Instagram. See her post below:

Source: fredericknuetei.com

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“Make sure you Invest in your wives and girlfriends too! Support their dreams” – Medikal advises his fellow men

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Medikal has advised his fellow men to invest in their wives and girlfriends. 

The “La Hustle” hitmaker got married to Fella Makafui some months ago and he has since invested so much in her business to support her dream. In a tweet sighted by fredericknuetei.com, he wrote: “Make sure you Invest in your wives and girlfriends too! Support their dreams 💯” 

See his tweet below: 

Source: fredericknuetei.com

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