Economy & Business

Sierra Leone Telegraph: 18 August 2020: Sierra Leoneans may be among the most discerning and ‘shopping savvy’ group of consumers on the continent but few understand their legal rights, let alone have confidence in the country’s legal system when it comes to seeking justice after parting with their hard earned [Read More]

Mickaël Sallent (UNDP): Sierra Leone Telegraph: 18 August 2020: Mozambique was already struggling with repaying its $14 billion external debt when COVID-19 hit earlier this year. The country’s debt-to-GDP ratio, which was 100% in 2018 ballooned to 130% in 2020. With debt overtaking total economic output, Mozambique has little fiscal [Read More]

Sierra Leone Telegraph: 15 August 2020: The nation’s leading bank, the Sierra Leone Commercial Bank continues to firmly stamp its leadership in the banking industry by increasing net profit by 63.1% in 2018 to Le95.9 billion in 2019. The increase was as a result of massive revenue generation and bad [Read More]

Abdulai Mansaray: Sierra Leone Telegraph: 14 August 2020: “Government of Sierra Leone explores development of domestic air travel”. This is one headline in the Sierra Leone Telegraph that caught my eye this week. According to the newspaper, discussions have been held to explore the possibility of re-introducing domestic flights in [Read More]

Sierra Leone Telegraph: 10 August 2020: Last Friday,  Senior officials at the Sierra Leone Civil Authority (SLCAA), the Ministry of Transport and Aviation (MTA), and the Ministry of Lands, Housing, and Country Planning (MLHCP) held discussions with key decision-makers in the city of Bo, southern Sierra Leone about the introduction [Read More]

Mahmud Tim Kargbo: Sierra Leone Telegraph: 2 August 2020: With an unbelievable 5.4 percent recovered GDP in 2019, which was further projected to grow by 4.2 percent in 2020 but now expected to decline to 3.1 percent as a result of the COVID-19 pandemic, Sierra Leone’s policymakers need a new [Read More]

Sierra Leone Telegraph: 30 July 2020: The government of Sierra Leone today received another major grant support from the World Bank’s International Development Association (IDA),  to boost investments in the country’s Small and Medium Sized Enterprises (SMEs) involved in the non-mining productive sectors. Sierra Leone’s economy must be diversified to [Read More]

Sierra Leone Telegraph: 30 July 2020: Last Friday, the Sierra Leone Investment and Export Promotion Agency (SLIEPA) and other Ministries, Departments and Agencies (MDAs) visited one of Sierra Leone’s newest farm produce exporting companies – Fresh Salone (SL) Ltd in Kobbaya, Kaffu Bollum Chiefdom, in the Port Loko district, as [Read More]

Sierra Leone Telegraph: 30 July 2020: Sierra Leone’s Ministry of Energy last week announced that it has reached agreement with Joule Africa, the developer of the Bumbuna II Hydroelectric Power Plant (“the Project”) over the cost and funding mechanism of the project. The government, nor Joule Africa has disclosed the [Read More]