On the re-opening of SLPP Office … “We would never encourage violence” John Benjamin...

News in the ‘Business & Finance’ Category

Sierra Leone News: Salone’s former UK High Commission up for sale again

Friday, August 22nd, 2014
Sierra Leone News:  Salone’s former UK High Commission up for sale again

One of the most unique residences in London has been put up for sale by a famous fraudster who needs to pay his legal bills. From royalty to debauchery, this house has seen it all, and now it’s to be sold for an anticipated £30 million price tag. Edward Davenport, known in the press as[...]

Sierra Leone News: Ebola outbreak affects food prices

Friday, August 22nd, 2014
Sierra Leone News: Ebola outbreak affects food prices

Since the outbreak of Ebola in the country, the prices of food stuff and other commodities in the market has escalated thereby making the market not friendly to citizens. Some traders who spoke to this reporter, said that the way at which prices are increasing in the country, they are afraid as it will come[...]

Sierra Leone News: Airlines are friends indeed-MJ Motel

Friday, August 22nd, 2014

The MJ Motel Group has expressed appreciation to all airlines still operating in the country. The Group in a Press Release yesterday said that ‘ A friend in need is a friend indeed’ and that they are encouraging all Sierra Leoneans travelling to patronize those airlines who have continued to operate at this time of[...]

Sierra Leone News: HFC donates Le 50m….“We cannot continue to give Loans”

Friday, August 22nd, 2014

In line with Government’s appeal to raise funds for the Ebola outbreak, HCF Mortgage and Savings has donated the sum of 50 million Leones to the Government as their own contribution towards the fight against the Ebola pandemic. Director of Credit HFC Mortgage and Savings Yusuf .A. Silla said the Ebola outbreak is a major[...]

Sierra Leone News: Ebola :London Mining cuts production target

Friday, August 22nd, 2014

Iron Ore Miner London Mining PLC has announced that it will cut its production target for 2014 because of the threat of the Ebola virus. The Company had earlier targeted producing between 4.9million to 5.4million wet tons. However because of possible disruption to the movement of people and machinery parts the production forecasts are now[...]

Sierra Leone News: Q2 earnings: UBA Grosses N138 Billion

Friday, August 22nd, 2014

The United Bank for Africa (UBA) Plc; one of the largest financial services institution in Africa, has released its unaudited financial results for the first six months of the year, showing positive growth in financial indices. In the unaudited financial results, released to the Nigeria Stock Exchange (NSE) on Friday, UBA recorded gross earnings of[...]

Sierra Leone News: Ebola: Bintumani reduce staff

Friday, August 15th, 2014
Sierra Leone News: Ebola: Bintumani reduce staff

As a result of the present EBOLA crisis in the country, the front office staff at the Bintumani Hotel, Aberdeen in the west of Freetown has confirmed to Awoko, that the virus spread has negatively affected their business operations. According to them, the hotel usually receives over a hundred residential guests during peak periods, and[...]

Sierra Leone News: SLICO pays Insurance benefits

Friday, August 15th, 2014
Sierra Leone News: SLICO pays Insurance benefits

The Sierra Leone Insurance Commission (SLICO) has paid a group life insurance benefit to the children of Late Madam Musu Kabia who passed away on the 23rd, July 2014. The handing over ceremony was held at the company’s headquarters at 68 Sanders Street in Freetown over the weekend, during their usual monthly meeting with the[...]

Sierra Leone News: AfriGas donates soaps for Ebola prevention

Friday, August 15th, 2014
Sierra Leone News: AfriGas donates soaps for Ebola prevention

AfriGas (SL) Limited in collaboration with Cosmeline Products Ltd recently donated Lifeguard Medicated Soap to several mosques in the Western Area in order to encourage them promote hand washing for the prevention of Ebola. Delivering the items, the Brand Manager of AfriGas (SL) Limited, Jamil Sheriff encouraged recipients to promote hand washing and general sanitary[...]

Sierra Leone News: London Mining secures $25m New Debt Facility

Friday, August 15th, 2014
Sierra Leone News: London Mining secures $25m New Debt Facility

London Mining has announced that it was in active and constructive discussions with its lending banks in order to provide an additional short term working capital facility. It has now entered into a new $25 million debt facility with Standard Chartered Bank and FirstRand Bank. This new facility will provide additional short term working capital[...]