Economy & Business

Sierra Leone Telegraph: 11 July 2019: Corruption is hindering Africa’s economic, political and social development. It is a major barrier to economic growth, good governance and basic freedoms, such as freedom of speech or citizens’ right to hold governments to account, according to the latest Global Corruption Barometer – Africa [Read More]

CHRDI: Sierra Leone Telegraph: 10 July 2019: There is widespread and systematic corruption within the banking sector in Sierra Leone. There is evidence to suggest that regular and widespread criminality has been committed by the financial services industry for several years. Chiefly among which, is the lack of due diligence [Read More]

Sierra Leone Telegraph: 9 July 2019: Sierra Leone’s railway was a national asset that was stolen from its people. Before Sierra Leone’s national railway was finally shut down in 1975 by the APC government of president Siaka P. Stevens, it passed through 49 train stations – all connected by an [Read More]

Sierra Leone Telegraph: 9 July 2019: The ninth edition of the flagship Assessing Regional Integration in Africa report (ARIA IX) was launched on 6 July 2019 at the African Business Forum in Niamey, Niger. Titled ‘Next Steps for the African Continental Free Trade Area (AfCFTA), the report argues that AfCFTA’s [Read More]

Sierra Leone Telegraph: 8 July 2019: After last Friday’s inflation bursting award of Le66 Billion (Sixty-Six Billion Leones) in end of service payment to former president Koroma, his ministers and senior government officials by president Julius Maada Bio, the debate as to whether his decision is prudent continues, and may [Read More]

Abdulai Mansaray: 4 July 2019: The Lungi Bridge has been a talking point for many Sierra Leoneans lately, and the amount of coverage has been well deserved. While some see it as the right step in the right direction for development, others consider it as a self-aggrandising monument or a [Read More]

Sierra Leone Telegraph: 2 July 2019: Starting next January 2020, countries within the West African sub-region will be able to use a single currency called the ECO. The new single currency was adopted by the ECOWAS Heads of State and Government last Saturday, in Nigeria’s capital Abuja, after decades of [Read More]

Sierra Leone Telegraph: 2 July 2019: IFC, a member of the World Bank Group, has today announced a $60 million investment in Iluka Resources’ Sierra Rutile Limited to partner with the resources company, as it expands its operations in Sierra Leone, where it is the largest tax payer, private employer, [Read More]

Sierra Leone Telegraph: 2 July 2019: Yesterday’s decision by fuel companies in Sierra Leone to increase the pump price of petrol by more than 21%, has sparked fears of further rise in inflation which currently stands at about 17%. The price of petrol has gone up from Seven Thousand Leones [Read More]