VODAFONE PLEDGES TOTAL COMMITMENT TO GHANA

[caption id="attachment_5151" align="alignnone" width="300"]Patricia Obo-Nai, Chief Executive Officer of Vodafone Ghana Patricia Obo-Nai, Chief Executive Officer of Vodafone Ghana[/caption]

Vodafone Chief Executive, Patricia Obo-Nai, has pledged the company’s commitment to the socio-economic development of Ghana.

During a courtesy call on President Akufo-Addo, at the Jubilee House, Patricia reinforced Vodafone’s determination to lead the digitalisation drive in Ghana, ensuring that no one is left behind.

She said Ghana remained a very important market for the global telecoms giant and Vodafone Ghana will play an integral role, in the nation’s growth agenda.

Patricia was appointed CEO following the end of the tenure of the previous Chief Executive Officer, Yolanda Cuba. Her appointment comes with Vodafone’s drive to push the boundaries of innovation, especially for targeted customers whilst positioning Vodafone as a key challenger in the market.
Patricia told the President that: “Ghana will continue to be very important to our long-term strategy and aspirations. Our brand promise of delivering an exciting future continues to drive our awareness and leadership in new trends in digitalisation and technology such as machine learning and artificial intelligence.

“Again. Government's agenda in the mobile payments sector has been nothing short of impressive and as a leading telco, we are committed to deploying our platform, innovative products and services in support of government’s agenda.”
The new CEO was appreciative of government’s commitment to Vodafone Ghana as a 30% shareholder and was optimistic that with the current level of commitment from both the ministries of Finance and Communications, Vodafone Ghana has no choice but to grow in market share and other areas of operation.

The Board Chairman of Vodafone Ghana, Dr Kobina Quansah, was appreciative of the opportunity to meet with the President and to introduce the new CEO to him.

He was confident of Vodafone Ghana’s readiness to be more competitive in the market, given the current strong working relationship between the two shareholders – Vodafone Group (70%) and the government (30%).

The President expressed appreciation for the visit, adding that government as a shareholder in the company, will support Vodafone Ghana to ensure that the company becomes more profitable and successful.
He spoke about government’s determination to deploy technology in various areas of the economy in a way that adds value and enhances efficiency. He encouraged Vodafone to come out with solutions that will ensure that it is a worthy partner of government in this regard.

Present at the meeting were the company’s Board Chairman, Kobina Quansah, Director for External Affairs, Gayheart Mensah and a Deputy Chief of Staff at the Presidency, John Jinapor.

 

Source: myjoyonline

HUAWEI SEEKS US SECURITY PARTNERSHIP

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Huawei expressed a desire to use European partnerships as a model for a new cybersecurity collaboration in the US, but said it is yet to make contact with the relevant security agencies.

Jeff Nan, a senior expert on cybersecurity and privacy protection affairs at Huawei, told journalists the company hasn’t yet replicated security monitoring schemes it has in place in the UK and Germany because the US government hasn’t given it the opportunity.

“We’d like to establish the scheme just like the UK Huawei Cyber Security Evaluation Centre, but we need to communicate with the security agencies in the US government. If the government would like to do this, Huawei definitely would like to do this.”

Nan said such a partnership would allow Huawei to address specific concerns the US government has about its products. But, as things stand, he added the company has little to work with in the way of detailed complaints.

While the US National Institute for Standards and Technology (NIST) has developed many security standards, he noted the government hasn’t used any of those to conduct an objective assessment of Huawei’s products.

Security set-up

Martin Wang, director of Huawei’s cybersecurity lab, shed light on Huawei’s rigorous internal testing regime, noting each component of a given product undergoes a risk assessment before being subjected to hundreds of tests.

For instance, he noted a total of 1,114 test cases were run on 4G RAN equipment to detect and mitigate vulnerabilities before it received approval for launch. He added there is a particular focus on privacy testing for Huawei’s consumer devices, with 1,724 out of 2,587 test cases run on its Mate smartphone line focused on privacy.

Despite the company’s struggles in the US and widely publicised questions about the integrity of Huawei’s systems, Wang said morale among his team remains high.

“In any circumstances we will focus on our job and our responsibility, and this is how we cope with external challenges.”

 

Source: mobileworldlive

AIRTEL PROCEEDS WITH $750M AFRICA LISTING

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Bharti Airtel confirmed a listing of its African unit on the London Stock Exchange (LSE), with aims to raise $750 million.

In a filing, Airtel said it would offer at least 25 per cent of its shares in Airtel Africa, using the proceeds to pay down debt.

It will have an option to float a further 15 per cent through an over-allotment.

Airtel added the number of shares to be offered will be determined in “due course” and, following admission to trading, the company’s net debt to EBITDA ratio will stand at 2.5.

Confirmation of the long-awaited listing was expected after the operator filed formal papers with the LSE last week, although details were sparse at the time. Reuters estimated the company could look to raise at least $1 billion from the unit.

Airtel Africa has a mobile money and telecoms footprint across 14 countries in Africa and raised $1.25 billion in funding in late 2018, augmenting an additional $200 million from the Qatar Investment Authority.

In October 2018, the company said the cash would be used to cut its $5 billion debt pile.

The company is also reportedly lining up a listing in Nigeria.

 

Source: mobileworldlive

MTN GHANA LAUNCHES 21 DAYS OF Y’ELLO CARE 2019

MTN-building
MTN Ghana on Monday officially opened its staff volunteering programme dubbed “21 Days of Y’ello Care” to undertake activities that would empower the youth to make positive impacts on society.

The 2019 programme on the theme, “Creating a Brighter Future for Our Youth” commenced on June 1 and expected to end on June 21.

The programme is expected to benefit about 330 unemployed youth, and would include activities such as skills training on bead making, hair-dressing, make-up arts and construction works.

Beneficiaries would also be trained on digital marketing, customer care services, financial management, Information Technology and Entrepreneurship skills.

The programme would also empower and inspire inmates of the Senior Correctional Centres and Rehabilitation Centres to identify their capabilities and work towards achieving them.

Mr Selorm Adadevoh, the Chief Executive Officer of MTN Ghana who launched the programme said there was the need for Corporate entities to empower the youth with employable skills.

He explained that the ‘21 Days of Y’ello Care’ was a challenge within the MTN Group, therefore, for MTN Ghana to win the threshold, it needed 95 per cent of staff participation and a 100 per cent Excom participation.

“Undoubtedly, we all have a critical role to play. We will have to commit to translating our hopes into reality and show up as volunteers,” he said.

The CEO advised staff of the telecom company to dedicate time for the programme to make it a fulfilling and inspiring one for the citizenry.

Mr Emmanuel Asigri, the Chief Executive Officer of the National Youth Authority commended MTN for the step it had taken to empower the youth, adding that, the decision to partner the NYA was laudable and gave the assurance that it would be fruitful.

He said reducing the rate of unemployment especially among the youth was not a sole responsibility of government but also that of private entities, and encouraged other private bodies to help create more jobs for the youth.

Source: GNA