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

News in the ‘Business & Finance’ Category

Sierra Leone News: As LEOCEM clocks 20, Slag Cement to be introduced

Friday, April 11th, 2014
Sierra Leone News: As LEOCEM clocks 20, Slag Cement to be introduced

The sole cement manufacturing company in Sierra Leone, LEOCEM Portland Cement, a subsidiary of the Heidelberg Cement Group is expected to start the production of Slag Cement in June this year. This was revealed during the launch of the Company’s twentieth anniversary celebration on Thursday at the factory premises in Cline Town, Freetown. According to[...]

Sierra Leone News: MANTRAC set to provide power solution for Sierra Leone

Friday, April 11th, 2014
Sierra Leone News: MANTRAC set to provide power solution for Sierra Leone

MANTRAC a dealer and representative of CATERPILLER and one of the leading engineering and Power Solution providers, yesterday held a Power Solution Conference at the Bintumani Hotel in Freetown. In his address, MANTRAC Managing Director, Vincent O. Balogun, said MANTRAC had been in Sierra Leone for over 70 years providing quality equipment and services to[...]

Sierra Leone News: Nigeria overtakes South Africa as Africa’s biggest economy

Friday, April 11th, 2014
Sierra Leone News: Nigeria overtakes South Africa as Africa’s biggest economy

Nigeria’s recalculated economy is worth $510 billion, by far the biggest in Africa, officials announced Sunday using long overdue revised data that gives the West African nation continental bragging rights but does little for the 70% of its citizens living in poverty. The new value of Nigeria’s GDP adds previously uncounted industries like telecommunications, information[...]

Sierra Leone News: Radisson Blu Chef happy to be in Salone

Friday, April 11th, 2014
Sierra Leone News: Radisson Blu Chef happy to be in Salone

In an exclusive interview with the Chef of Radisson Blu, Mammy Yoko Hotel, Lorenzo Stride at his office in Aberdeen few days ago, the Italian Chef said Sierra Leone is the second African country that he has now worked. He said his first taste of Africa was Angola where he worked for one of the[...]

Sierra Leone News: Special Contract for Rutile…16,000 Tonnes off to Saudi Arabia

Friday, April 11th, 2014
Sierra Leone News: Special Contract for Rutile…16,000 Tonnes off to Saudi Arabia

Sierra Rutile Limited (SRL) is currently loading 16,000 Tonnes onboard the MV Evita Kay at the mouth of Sherbro River for Yanbu Port in Jeddah, Saudi Arabia. Port Supervisor Abu BakarrKamara, told this medium that the current consignment being loaded on the MV Evita Kay is a special contract that they should deliver in Saudi[...]

Sierra Leone News: Sierra Rutile Q1 production jumps 12% as costs drop 33%

Friday, April 11th, 2014
Sierra Leone News: Sierra Rutile Q1 production jumps 12% as costs drop 33%

The industrial rutile miner Sierra Rutile Ltd Monday published its first quarter production update showing a 12% jump in rutile production and a 33% drop in operational costs. The company said it increased rutile production by 12% to 28,218 tonnes from 25,087 tonnes, and increased its ilmenite production 23% to 6,868 tonnes from 5,567 tonnes[...]

Sierra Leone News: In Makeni…Illegal sale of Petroleum product to private companies unearthed

Friday, April 11th, 2014

An ongoing illegal practice of sale of petroleum products to private companies at Le 4,500 per litre at the retail outlets in Makeni City, contrary to Government policy has been unearthed.  This prompted the Local Unit Commander in Makeni, Gibril M. Turay, to summon the Petroleum Unit (PU) to a stakeholders meeting that was chaired[...]

Sierra Leone News: WAMA & WAMI ends surveillance mission to Sierra Leone

Friday, April 11th, 2014

The ECOWAS Commission, West African Monetary Agency (WAMA) and West African Monetary Institute (WAMI) conducted a joint multilateral surveillance mission to Sierra Leone from March 31  April 7, 2014 to assess the performance of the country during 2013 in line with the macroeconomic convergence criteria for ECOWAS and West African Monetary Zone (WAMZ). The team[...]

Sierra Leone News: BCCSL ‘Lunch and Learn’ Foreign Currency Accounts acceptable to all -IK Lamin

Friday, April 11th, 2014

During the British Chamber of Commerce ‘Lunch and Learn’ at IMATT, Regent, the Director of Finance in the Bank of Sierra Leone Mr I.K. Lamin disclosed to all present that every person, resident or non-resident are allowed to maintain foreign currency accounts with a commercial bank in Sierra Leone. The accounts may be credited with[...]

Sierra Leone News: 2014 Trade Fair to attract more than 300 participants

Friday, March 28th, 2014

Preparation at the National Stadium for this year’s trade exhibition is in earnest, as more than 300 participants in the country, Africa and the world are in readiness to showcase not only their talents in the area of arts and crafts but other impressive business ventures will be at public disposal. Organised by the Sierra[...]