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Ugandan government takes over Libyan stake in Uganda Telecom

Following international condemnation of Libyan regime, Uganda acts

Reuters , Tuesday 29 Mar 2011
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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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