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Economy & Business

Economy & Business

Another strategic visit to China by president Ernest Bai Koroma of Sierra Leone

November 28, 2016 Abdul Rashid Thomas 2

John Baimba Sesay – China Sierra Leone Telegraph: 28 November 2016 President Ernest Bai Koroma is slated to arrive in Beijing on Wednesday, 30th November, 2016, on the invitation of his counterpart President Xi Jinping of China. During this all important visit, both leaders will be discussing ways of further [Read More]

Economy & Business

That immoral 2017 Budget – punishing the victims of poverty in Sierra Leone (part one)

November 23, 2016 Abdul Rashid Thomas 2

Dr. Kandeh K. Yumkella Sierra Leone Telegraph: 23 November 2015 On October 3rd 2016, our government finally accepted the reality that our economy is bankrupt, with the publication of a press release from State House. The statement detailed  austerity measures they will take to improve revenue mobilization and fiscal sustainability, as [Read More]

Economy & Business

Sierra Leone opposition SLPP responds to Koroma government’s financial collapse

November 23, 2016 Abdul Rashid Thomas 3

Sierra Leone Telegraph: 23 November 2016 Last Friday, 18th November 2016, Sierra Leone’s finance minister Momodu Kargbo delivered the government’s budget statement for 2017 to parliament. It is a budget the government is hoping will address the growing abject poverty, that over 70% of the country’s population is now suffering. [Read More]

Economy & Business

Government of Sierra Leone did not spend $24 per litre on fuel subsidy  

November 19, 2016 Abdul Rashid Thomas 3

Dr Jonathan Bonopha Tengbe  Sierra Leone Telegraph: 19 November 2016 This is not the first time Sierra Leone is experiencing austerity measures. But what is certain is that each time the APC is in power, the country will be plunged into economic chaos. But the difference this time is that [Read More]

Economy & Business

Sierra Leone government fuel subsidy removal: An approach beyond partisan politics

November 2, 2016 Abdul Rashid Thomas 1

John Baimba Sesay – Beijing China Sierra Leone Telegraph: 2 November 2016 By 2012, the cost of government subsidies in Ghana had reached one billion Cedis ($500 million). It was expected to rise to 2.4 billion Cedis this year, before the country’s National Petroleum Authority could raise prices. The decision [Read More]

Economy & Business

Sierra Leone Mamamah airport project: A twist in China’s tail – part three

October 31, 2016 Abdul Rashid Thomas 2

Saad Barrie Sierra Lone Telegraph: 31 October 2016 Sierra Leone government’s proposed new airport has been harshly criticised by some of its key stakeholders, either for its location, huge cost, or method of financing and the lack of transparency in the negotiations with its financiers and contractors – the Chinese. [Read More]

Economy & Business

Sierra Leone is facing serious food shortage – exposing half the population to malnutrition

October 28, 2016 Abdul Rashid Thomas 1

Sierra Leone Telegraph: 28 October 2016 Sierra Leone has once again become a charity case, after failing to develop its agricultural sector to feed its 6 million population and become Africa’s food basket. Despite hundreds of millions of dollars spent on the farming industry, through the World Bank and international [Read More]

Economy & Business

Sierra Leone Mamamah airport project: A twist in China’s tail – part two

October 28, 2016 Abdul Rashid Thomas 5

Saad Barrie Sierra Leone Telegraph: 28 October 2016 The proposed Mamamah Airport and New City is the flagship infrastructure project in Sierra Leone’s current medium term development plan, the ‘Agenda for Prosperity’. The indicative cost of the Mamamah Project is US$481 million. The airport alone is estimated to cost at [Read More]

Economy & Business

Sierra Leone Mamamah airport project: A twist in China’s tail – Part One

October 27, 2016 Abdul Rashid Thomas 13

Saad Barrie Sierra Leone Telegraph: 27 October 2016 The government of Sierra Leone is determined to build a new international airport in the north of the country, financed by a whopping $400 million loan from China. Opposition to this policy decision is strong, including the Word Bank who says that [Read More]

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