Economy

Growth prospects for the Guinean economy remain favourable – currently at 6.7 percent – says IMF

May 26, 2017 Abdul Rashid Thomas 0

Sierra Leone Telegraph: 26 May 2017 An IMF staff team led by Giorgia Albertin visited Conakry from May 15 to 25, 2017, to discuss recent economic and financial developments and Guinea’s economic prospects. The team prepared the ground for a future visit for the negotiation of a new IMF-supported program. [Read More]

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Economy

Will cash-strapped motorists in Sierra Leone pay $4.50 a day for the use of a new toll motorway?

May 9, 2017 Abdul Rashid Thomas 2

Sierra Leone Telegraph: 9 May 2017 Construction work on Sierra Leone’s first toll paying motorway will soon commence.   The initial phase of the 62 km highway is expected to be completed in the next two months.  According to plans drawn up by the Chinese, the new four lane highway will [Read More]

Economy

Africa needs to improve governance, build infrastructure and reduce trade barriers to achieve inclusive growth

May 6, 2017 Abdul Rashid Thomas 0

Sierra Leone Telegraph: 6 May 2017 A major focus of the African gathering of the World Economic Forum this week was how the continent could achieve ‘inclusive growth’. The need to connect African markets to aid development will once again be discussed at the World Economic Forum. The debate needs [Read More]

Economy

Time to lift the ideological haze in debates about Africa’s middle class

April 25, 2017 Abdul Rashid Thomas 0

Sierra Leone Telegraph: 25 April 2017 The term “middle class” is bandied about to back up the claim that Africans are increasingly moving out of poverty and getting wealthier. But, writes Henning Melber, these claims are meaningless given that very little analytical rigour is applied to the definition of what constitutes [Read More]

Economy

An open letter to president Koroma to end his government’s failed economic policy

April 19, 2017 Abdul Rashid Thomas 1

Sierra Leone Telegraph: 19 April 2017 Sierra Leone’s economy is in serious trouble, after the ruling APC government of President Ernest Bai Koroma jettisoned its own fiscal ‘good house-keeping’ policies, amid rising borrowing and falling tax receipts in anticipation of general and presidential elections set for March 2018. Ministers and [Read More]