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Wednesday, 20 November 2019

Ugandan government takes over Libyan stake in Uganda Telecom

Following international condemnation of Libyan regime, Uganda acts

Reuters , Tuesday 29 Mar 2011
Views: 1299
Views: 1299

Uganda's government said on Tuesday it had seized control of Libya's majority stake in Uganda Telecom to comply with U.N. sanctions.

"We have exercised our oversight and regulatory role and decided to impose an oversight regime on the company," Information, Communication and Technology Minister Aggrey Awori told Reuters.

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