GLOBACOM MAY LEAVE GHANA.

There are indications that Globacom may leave Ghana if the authorities fail to honour their promise to prevent its investment there.
Reports indicate that Globacom, one of the Nigeria's biggest telecommunications network is recieving hostile treatment in Ghana as the company has had its advertising structures damaged and telecommunications equipment vandalised. There are also official restrictions on the erection of the firm's communication masts.
Recently, there has been increasing hostility towards Nigerian businesses in Ghana despite Nigerians accounting for over 60% of foreign investments there. Ghana government last month imposed $30,000 fee on any new business by Nigerians and its film industry has ruled that Nigerian actors featuring in Ghanian movies must pay a $1000 fee.
Globacom which began operations in Ghana in December 2009, has faced many hostile acts, which include encroachment on the frequency allocated to it, the sabotage of its billboards, light boxes, lamp post signs and other equipment geared towards the inauguration of its operation.
It will be recalled that last Febuary, more than 12 light boxes placed around Accra International Airport traffic light median were destroyed and in May, more than 14 light boxes were destroyed in Accra metropolis.
Also, the Ghanian enviroment protection erection of communication masts in some major areas, and this has affected Globacom adversely since it is still a new telecoms company and needs to acquire coverage as possible.

http://www.punchng.com/Articl.aspx?theartic=Art201007044401840

Let them leave we will send in Vodacom,South Africas biggest mobile operator