Economy & Business

Land reform will reduce poverty and enhance economic development

24 January 2013 Land ownership and the legal right to use that land, can be a highly toxic affair in Africa. In Sierra Leone, there has been a rising trend in the number of murders committed because of land disputes and sheer criminality. But Sierra Leone is not the exception. [Read More]

Economy & Business

The Gambia’s economy may grow by 9% next year – says IMF

Sierra Leone Telegraph: 10 December 2012: An International Monetary Fund (IMF) mission led by Mr. David Dunn, visited The Gambia during December 3-7, 2012, to assess the impact of the recent directive on exchange rate policy and operations of the country’s foreign exchange market. The team met with the Secretary General [Read More]

Economy & Business

A tale of three neighbouring economies – Sierra Leone, Liberia and Guinea

Sierra Leone Telegraph: 5 October 2012: Sierra Leone, Guinea and Liberia may have a lot in common, most notably, they share a common border. But there is more that distinguishes the three countries than meets the eyes – take the economy, for one. Political instability and an economy battered by [Read More]

Economy & Business

The future of African economies looks bright

Kingsley Ighobor: Sierra Leone Telegraph: 5 October 2012 Young men and women chat along the glittering corridors of the sprawling shopping complex. With state-of-the-art mobile communication gadgets in hand, they go in and out of the mall’s 65 shops, filling shopping bags with expensive items. Fully air-conditioned, the mall has 20,000 [Read More]

Economy & Business

Did the government of Sierra Leone lie to the IMF about its alarmingly high debt figures?

Sierra Leone Telegraph: 18 September 2012: President Koroma has taken much pride in being upheld as an experienced and successful entrepreneur by his supporters and admirers, including former British Prime Minister – Tony Blair. But with eight weeks to presidential election, the president’s economic record in office is now looking [Read More]

Economy & Business

Sierra Leone’s Parliament passes Patent and Industrial Designs Act 2012

Sierra Leone Telegraph: 7 September 2012 In the news this week, the world’s leading computer and smart phone technology company – Apple, won its legal battle in the US against Samsung for infringement of patent rights, involving its IPad tablet computing technology. Samsung may have to pay Billions of Dollars [Read More]

Economy & Business

‘African economies are being sabotaged due to massive tax avoidance and evasion by foreign investors’ – says AU Report

Sierra Leone Telegraph: 28 July 2012 A report has chastised multinational corporations for the illicit transfer of most of the $ 1.5 trillion they make in Africa each year, back to the developed countries, draining hard currency reserves from the continent. This according to the African Press Organization (APO) is [Read More]

Economy & Business

Sierra Leone’s dodgy mining deals – Someone is sharing the loot

Sierra Leone Telegraph: 27 July 2012 In the wake of allegations and counter-allegations of corruption involving the vice president of Sierra Leone, a renewed focus is being turned on to the manner with which the government has been entering into agreement, with foreign companies to exploit the country’s mineral resources. [Read More]

Economy & Business

Decentralised public service in Sierra Leone gets a boost from the European Union

Sierra Leone Telegraph: 21 June 2012: The growing call for more and better decentralised public services in Sierra Leone has received a financial boost. The European Union has released $6 million it had approved in December last year, in support of the World Bank’s funded project costing $32 million. The government [Read More]