Economy

IMF considers possible finance for Sierra Leone as economy goes into reverse

March 28, 2017 Abdul Rashid Thomas 6

Sierra Leone Telegraph: 28 March 2017 The economy of Sierra Leone is now going through its toughest phase, since the end of the Ebola epidemic. (Photo above: A protesting student gunned down by police last week in cold blood. Such brutality will force foreign investors to keep away from Sierra [Read More]

Economy

Sierra Leone precious minerals – public trust and government openness

March 23, 2017 Abdul Rashid Thomas 2

Sierra Leone Telegraph: 23 March 2017 The recent finding of Sierra Leone’s second largest diamond (Photo: Above – President Koroma showing the diamond to the world) in the Kono district by pastor Emmanuel Momoh  and the involvement of the Koroma government, in what will soon become a bonanza sale of [Read More]

Economy

Sierra Leone government failing to achieve its tax collecting obligations as poverty grows

March 2, 2017 Abdul Rashid Thomas 1

Sierra Leone Telegraph: 2 March 2017 Much is expected of Sierra Leone’s National Revenue Authority (NRA), with regards the Koroma government’s objective of closing the massive gap between government spending and the revenue it generates to pay for public service delivery. The blatant and unlawful reluctance of big companies to [Read More]

Economy

Sierra Leone implements International Monetary Fund’s Enhanced General Data Dissemination System

January 24, 2017 Abdul Rashid Thomas 0

Sierra Leone Telegraph: 24 January 2017 Report from the International Monetary Fund (IMF) says that Sierra Leone has implemented the recommendations of the Enhanced General Data Dissemination System (e-GDDS), endorsed by the IMF Executive Board in May 2015. A National Summary Data Page (NSDP) has been published. (Photo: Screen shot). [Read More]

Economy

Sierra Leone president Koroma in Israel – but can he serve two masters?

January 11, 2017 Abdul Rashid Thomas 3

Sierra Leone Telegraph: 11 January 2017 President Koroma has made his first visit to Israel since becoming president in 2007, and in less than fifteen months before leaving office. (Photo: Courtesy of epa). His visit to Israel is as symbolic as it is historic. But policy analysts are questioning why [Read More]

Economy

Sierra Leone economic prospects – government writes to the IMF

December 23, 2016 Abdul Rashid Thomas 0

Sierra Leone Telegraph: 23 December 2016 Two weeks ago – 6th of December, 2016, the Executive Board of the International Monetary Fund (IMF) completed its sixth review of Sierra Leone’s performance, under the economic program supported by an Extended Credit Facility (ECF) arrangement it had signed with the government. Its [Read More]

Economy

Sierra Leone – money, politics and patronage

December 23, 2016 Abdul Rashid Thomas 0

Jamie Hitchen (Africa Research Institute) Sierra Leone Telegraph: 23 December 2016 As Sierra Leone struggles with the aftermath of the devastating Ebola epidemic, it must fight fires on several fronts: as well as being one of the most corrupt countries in Africa, it is facing an acute cash shortage and [Read More]

Economy

Is the Koroma government of Sierra Leone planning to tax Sierra Leoneans living abroad?

December 11, 2016 Abdul Rashid Thomas 3

Sierra Leone Telegraph: 11 December 2016 Sierra Leone’s social media went viral last week, when a story about alleged government’s plans to impose a 25% tax on all remittances sent to families and friends in Sierra Leone by Sierra Leoneans living abroad, was published. (Photo: Can the hand of the [Read More]

Economy

President Ernest Koroma of Sierra Leone speaks about his visit to China

December 6, 2016 Abdul Rashid Thomas 4

John Baimba Sesay – CHINA Sierra Leone Telegraph: 6 December 2016 President Ernest Bai Koroma today, 6th of December, 2016, ended a week-long visit to the People’s Republic of China. The core of the visit was to express Sierra Leone’s appreciation and thanks to China for their timely intervention in [Read More]