Economy - Business & Environment

IMF pressuring our government to remove subsidies

Mahmud Tim Kargbo: Sierra Leone Telegraph: 2nd February 2018: It is true that in order to create decent quality of life for citizens in society today, requires massive investment in public services. But generating the revenue to pay for these services in a poor country like Sierra Leone is not [Read More]

Economy - Business & Environment

Tackling inequality by ‘lifting stones’

Richard Munang and Robert Mgendi Sierra Leone Telegraph: 25 January 2018: “If you wish to move mountains tomorrow, you must start by lifting stones today”—so goes an African proverb, crystalizing the solutions to the continent’s socioeconomic inequalities. Africa is second only to Latin America in economic inequalities. Dollar millionaires in [Read More]

Economy - Business & Environment

Why Rwanda’s development model wouldn’t work elsewhere in Africa

Sierra Leone Telegraph: 9 January 2018 Rwanda under strongman Paul Kagame has been showered with praise for its remarkable economic progress and political stability since the 1994 genocide that claimed over 800 000 lives. But Rwanda’s relative successes have come at a huge cost to civil liberties. Nic Cheeseman of [Read More]

Economy - Business & Environment

Closing the wealth gap – Economists call for new approach

Kingsley Ighobor: Sierra Leone Telegraph: From “Africa Reeling” to “Africa Rising,” there’s a new narrative for the African continent, now showing promising signs of sustainable growth under more stable governments. McKinsey & Company, a global management consulting firm, predicts that Africa’s combined GDP will be $2.6 trillion by 2020 and [Read More]

Economy - Business & Environment

First African Roundtable on good infrastructure governance

Chris Heathcote: Sierra Leone Telegraph: 7 January 2018 Infrastructure is crucial to Africa’s growth prospects. It’s also hard to get right, a reality acknowledged by delegates from around the continent and further afield who recently gathered in Cape Town, South Africa, for Africa’s First Roundtable on Infrastructure Governance. Until now, policy [Read More]

Economy - Business & Environment

Corruption is a big issue in African elections – says Transparency International

Sierra Leone Telegraph: 7 January 2018 Over two-thirds of the 176 countries and territories in the Transparency International Corruption Perception Index 2016, fell below the midpoint scale of 0 (highly corrupt) to 100 (very clean). The global average score is 43, indicating endemic corruption in a country’s public sector. Sierra [Read More]

Economy - Business & Environment

Transparency is key to corruption-free infrastructure in Africa

Chris Heathcote: Sierra Leone Telegraph: 7 January 2018: The first Regional Roundtable on Infrastructure Governance was held in Cape Town at the beginning of November. Peter Eigen, founder of Transparency International, who addressed the event, reflects on the vital importance of openness and transparency for successful and sustainable infrastructure projects. [Read More]

Economy - Business & Environment

Grand corruption in Sierra Leone – Faulty lines in flawed and costly mining agreements

NGC Publicity Office: Sierra Leone Telegraph: 7 January 2018: The National Grand Coalition (NGC) Party has learnt with consternation, news reports that the Ernest Korma-led APC Government recently rushed three major mining agreements with little or no debate through Parliament. Each of those agreements could have huge and adverse economic [Read More]