Mobile voice subscription rising

The President and Chief Executive Officer (CEO) of Groupe Nduom, Dr. Papa Kwesi Nduom, has officially opened the Worawora Rice Mill Factory which will produce the ‘Edwumawura’ perfumed rice.
It is expected that some 5,000 farmers and other workers will be employed with about 20,000 people benefiting directly and indirectly.

A colourful ceremony attended by District Agricultural Officers, chiefs and farmers was held on Tuesday, at the premises of the Mill in Worawora in the Volta region.

In an address, Dr. Nduom noted that, it was a great day for Worawora and Ghana, adding that the operations of the Mill will make the town more popular in Ghana.

He added that, his conglomerate [from media to financial services to industry] is known in the region, and that key managers hail from the area, making GN part of the region.

“The people of Volta region are hardworking people and are experts in their respective fields. They will make this Mill work,” he said.

He lamented that Ghana spends $1.2 billion on rice importation.



“Imagine the jobs and development we are giving to America, Vietnam and Thailand. Our example should encourage other investors to emulate our example and in 4 to 5 years, all the $1.2 billion will stay in Ghana for roads, hospitals, schools and in the pockets of farmers.”
Mobile voice subscription in the country is beginning to pick up after slowing in the months of June and July this year.
According to the market statistics posted by the National Communications Authority (NCA), as of the end of August 2016, the total number of mobile voice subscribers had increased from 36,739,810 in July 2016 to 36,912,019. This represented a percentage increase of 0.47 per cent and put the total penetration rate for the month under review at 132.44 per cent.

Between June and July, the percentage increase in subscribers was just 0.34 per cent, while the total penetration rate for the month of July was 132.08 per cent.

The month of June witnessed a low of 0.22 per cent growth, bringing the total penetration rate for the period under review to 131.89 per cent.
Dr. Nduom urged the workers to take their work seriously and announced that farmers will be readily paid for their produce with life insurance packages.

He encouraged other people to invest in the sector.

Managing Director at Ghana Growth Fund Company (GGFC,) the investing arm of GN, Kwame Asomaning, in a welcome address explained that, GN now owns a major stake in the factory and therefore has plans of expanding to other parts of the sub-region.

He indicated that, the factory will provide employment and support for local farmers in the Volta and Northern regions.

Mr. Asomaning urged Ghanaians to buy the Edwumawura Rice since after harvest will be ready on the market in a fortnight for consumption; rather than the sometimes 10-year-old imported rice.



“Ghana has 580,000 acres of land that can produce 1.7 million tonnes of rice to feed the entire country so why import? We borrowed $940 million from the International Monetary Fund (IMF) yet send $1.2 billion outside for rice importation. This is not sound economics,” he lamented.

Owner of Afariwa Farms and former Association of Ghana Industries (AGI) President, Nana Owusu Afari, in an address said that, the day marks the beginning of wealth creation for rice farmers in the area, adding that Ghana has all the resources to create wealth, hence if the people are self-sufficient, there will be little or no need for state interventions.

The entrepreneur and traditional leader disclosed that, the new investors will also build the capacity of the rice farmers.

A representative of the farmers, Seth Kwame Darko, pledged that they will feed the Mill with quality rice following capacity building given them by the Ministry of Agriculture and some foreign development partners.

He highlighted undeveloped lands and lack of machinery as some of the challenges they face.

Dr. Nduom will break ground for the construction of another mill at Assin Bereku in the Central region on Thursday, November 3, 2016.



Gainers

MTN’s voice subscriber figures for the period of August stood at 17,890,958. This represents a percentage increase of 0.66 per cent over July 2016’s figure of 17,774,481.

Subsequently, MTN’s market share for the month under review was 48.47 per cent, making it the most dominant player in the highly competitive industry.

Vodafone’s mobile voice subscribers increased from 8,160,351 at the end of July 2016 to 8,223,957 as of the end of August 2016. This represents a percentage increase of 0.78 per cent.  As a result, Vodafone’s market share for August 2016 was 22.28 per cent, the second biggest telecoms company in the country by subscriptions.

tiGO’s voice subscribers rose from 5,211,811 during the period to 5,225,021. This indicated a percentage rise of 0.25 per cent, bringing the company’s market share for the month under review to 14.16 per cent.

Airtel’s voice subscribers increased from 4,636,374 as of the end of June 2016 to 4,642,569 as of the end of August 2016.

This represents a percentage increase of 0.13 per cent. Its total market share for the month under review was 12.58 per cent.

Interestingly, Expresso’s voice subscriber figures increased from 101,881 as of the end of July 2016 to 106,975 as of the end of August 2016.

This represents a percentage increase of five per cent, bringing its total market share for the month under review to 0.29 per cent.

Loser

Glo was the only company among six to record a loss in voice subscriber numbers as it decreased from 854,912 as of the end of July 2016 to 822,539 at the end of August 2016, reflecting a percentage decrease 3.79 per cent for the month. This brings its total market share for the month under review to 2.23 per cent.

Glo has been struggling to find a better footing in the telecom space and, therefore, its performance comes as no surprise to industry watchers.

Fixed telephony

In the fixed telephony area, there are two operators; Vodafone and Airtel. As of August, 2016, the total subscriptions for the fixed operators stood at 256,751. Vodafone recorded a total subscriber base of 249,043, while Airtel ended the month with 7,708 subscribers.

Source: graphic.com.gh

COMMENTS

Name

Business,29,Education,17,Entertainment,35,Health,25,Politics,19,Sports,43,
ltr
item
All Things Ghana : Mobile voice subscription rising
Mobile voice subscription rising
https://3.bp.blogspot.com/-aYrv8Y5MktU/WB-1CfCl3cI/AAAAAAAAA_k/MfJNKLS82n4ezjuPXasqmNUph5_g_ueMgCLcB/s640/Mobile%2Bvoice%2Bsubscription%2Brising.jpg
https://3.bp.blogspot.com/-aYrv8Y5MktU/WB-1CfCl3cI/AAAAAAAAA_k/MfJNKLS82n4ezjuPXasqmNUph5_g_ueMgCLcB/s72-c/Mobile%2Bvoice%2Bsubscription%2Brising.jpg
All Things Ghana
http://www.allthingsghana.com/2016/11/mobile-voice-subscription-rising.html
http://www.allthingsghana.com/
http://www.allthingsghana.com/
http://www.allthingsghana.com/2016/11/mobile-voice-subscription-rising.html
true
8242355386457029224
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy