On the Money – In Brief

Mergers, Acquisitions and Financial Results

* The latest research by Unison Communications reveals that between 47% - 63% of government communication budgets are spent on cellphone communication. On average mobile rates are 50% more expensive than fixed line rates which leaves the South African taxpayer footing the bill for expensive mobile calls.

* MTN, the biggest mobile operator in Ghana, has supported the celebration of the Oguaa Fetu Afahye (festival) to the tune of GH¢50,000, to make the celebration a unique one this year. The sponsorship comprises of T-shirts, vuvuzelas, footballs, jerseys, polo cups, and a cheque of GH¢5,000 to the Oguaa Traditional Council..