Sierra Leone Telegraph: 12 May 2017 Yesterday – 11th of May 2017, was the day that Sierra Leoneans were expecting massive cash windfall – at least $50 million, from the sale of their Star of Sierra Leone MK2 – the second largest diamond ever found in the country. But once [Read More]
Sierra Leone Telegraph: 9 May 2017 Bidding for the sale of the second largest diamond ever found in Serra Leone – the star of Sierra Leone Mk2, is open for another twenty-four hours, as the 36 days extension put in force by the president on Wednesday, 5th of April 2017, [Read More]
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]
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]
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: President Koroma). The government has run out of cash – donor funds have declined massively, inflation is rising out of control, unemployment remains [Read More]
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]
Sierra Leone Telegraph: 23 April 2017 The World Bank and IMF Spring Meetings that began two days ago, have ended today, 23rd April 2017, with little good news about the economic outlook for Sub-Saharan Africa. After almost a decade of slow and sometimes stagnated growth, most African countries will see [Read More]
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]
Sierra Leone Telegraph: 17 April 2017 An article published last week by Africa Confidential (AC Vol 56 No 23) reported that despite promises made to the International Monetary Fund and the World Bank, not to go ahead with the construction of a new international airport, president Ernest Bai Koroma is [Read More]
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