Sonoco is on a trajectory to enhance economic growth and mass employment
By Sulaiman Jalloh In an effort to boost the economy and expand job opportunities for citizens, Sonoco Sierra Leone is spearheading a fifty-million-dollar ($50m) investment, a new chapter for economic development and growth opportunity for the country. Engaging the media on Wednesday, March 27th, 2024, at Bread Avenue in the east end of Freetown, […]
We raised NLe 119 million in 2023 – Minister Dugba
By Sulaiman Jalloh Princess Dugba, the Minister of Fisheries and Marine Resources has disclosed that, in 2023, her ministry generated about one hundred and nineteen million new Leones (NLe119million), noting that with the modalities being put in place, she expects a revenue generation rise in 2024. She was speaking at the Ministry of…...
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“We have evidence of what is in the report” – Ag. Auditor General
By Amara Thoronka Mr. Abdul Aziz, Acting Auditor General of Audit Service Sierra Leone has said his institution has evidence of financial and public service anomalies by ministries, departments and agencies captured in the 2022 Auditor General’s Report. The head of the country’s audit agency was speaking to journalists and civil society activists at […]
Agriculture is the way to Sierra Leone’s prosperity
By Alusine Fullah Agriculture contributes massively to the economy of Sierra Leone. Food is one of the inevitable essentials of existence and agriculture makes it happen. It is arguably the largest sector in the country with a huge portion of the country’s population engaging in it. Therefore, economic growth and poverty reduction in…...
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Circulation of Old Leone Ends Tomorrow
By Amara Thoronka In an earlier statement from the Central Bank of Sierra Leone, on the redenomination of the Leone, it was communicated that tomorrow, Sunday, 31st December, 2023, the Old Leone would cease to be the legal tender of Sierra Leone. Notwithstanding the end of the Old Leone’s lifespan, the country’s banking…...
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World Bank announces new Country Director for Ghana, Liberia, and Sierra Leone
The World Bank has on 20th December 2023 appointed Dr. Robert Taliercio O’Brien as Country Director for Ghana, Liberia, and Sierra Leone in the Western and Central Africa Region. His appointment takes effect from January 2nd, 2024, and he will be based in the World Bank’s Accra Office. Dr. Taliercio, an American national, joined […]
Acting AG Submits 2022 Audit Report to Parliament
By Martin Sandy The Acting Auditor-General, Abdul Aziz has submitted the Auditor-General’s Annual Report 2022 to Parliament on Thursday14th December, 2023. The report was submitted in line with Section 119(4) of the 1991 Constitution of Sierra Leone which states that the Auditor-General shall within twelve months of the end of the immediate preceding financial…...
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China Grants Sierra Leone 13M USD
In an Economic and Technical Cooperation Agreement Between the Government of The People’s Republic of China and The Government of the Republic of Sierra Leone, the Chinese Government has granted the sum of 100 million RMB Yuan (an equivalent of $13m) to the Government and the people of Sierra Leone. The grant agreement was signed…...
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Does Western Aid Actually Help?
By Alusine Fullah Does Western aid-giving still a useful economic tool? Is it still a useful political tool? Is it ever with no strings attached? For the proponent of aid-giving, aid is a trap for the recipient. There are two main kinds of aid: public governmental aid and private charity aid. In practice,…...
Finance Minister Urges Fiscal Discipline in 2024 Budget
By: Mohamed Babatunde Thorpe In a parliamentary address on Friday, November 10, 2023, Finance Minister Sheku Ahmed Fantamadi Bangura emphasized the need for strict adherence to the projects outlined in the 2024 budget by Ministries, Departments, and Agencies (MDAs). The theme of the budget, “Restoring Macroeconomic Stability while Protecting the Poor and Vulnerable,” sets…...
