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

News in the ‘Business & Finance’ Category

Sierra Leone News: Sanpha Koroma lauded

Friday, February 27th, 2015
Sierra Leone News: Sanpha Koroma lauded

As he officially opened the 12th Union Trust Bank (UTB) branch in Mile 91 a week ago, President Ernest Koroma has lauded the strides of the founder and chairperson, James Sanpha Koroma for his initiative, resilience and hard work in establishing the UTB 20 years ago. He acknowledged his consistency in the banking industry since[…]

Sierra Leone News: Finance Minister calls on donors to support economic recovery

Friday, February 27th, 2015
Sierra Leone News: Finance Minister calls on donors to support economic recovery

The Ministry of Finance and Economic Development through the Donor Aid Coordinating Unit at MoFED has recently held the first quarter meeting of DEPAC at the Ministry’s conference room in Freetown. Welcoming participants to the meeting, the Minister of Finance and Economic Development, Dr Kaifala Marah, said in his opening statement that joint effort is[…]

Sierra Leone News: NRA Unveils New Rates on Redundancy Payments

Friday, February 27th, 2015
Sierra Leone News: NRA Unveils New Rates on Redundancy Payments

The National Revenue Authority (NRA) has announced a reduction on taxes paid on redundancy payments. The Deputy Commissioner of the Domestic Taxes Department, Alfred Akibo-Betts explained that under the Income Tax Act 2000 as amended, redundancy and retirement payments which are made to employees when their employment are terminated have special tax treatment where an[…]

Sierra Leone News: Public Private Partnership engage Local Councils

Friday, February 27th, 2015
Sierra Leone News: Public Private Partnership engage Local Councils

The Public Private Partnership (PPP) Unit in the Office of the Chief of Staff, Office of the President has concluded a two-day training workshop on Public Private Partnership concepts and processes at Njala Venue, Lumley Beach in Freetown. The workshop participants discussed various issues, which key among them according to PPP Coordinator Abu Kamara was[…]

Sierra Leone News: UN launches improved fish drying technique to save lives and environment, in West Africa

Friday, February 27th, 2015
Sierra Leone News: UN launches improved fish drying technique to save lives and environment, in West Africa

A newly developed fish drying technology is improving food quality and saving lives in West Africa, the United Nations Food and Agriculture Organization (FAO) announced today as it launched its effort to boost food safety and working conditions across the region. With smoked fish remaining a staple food product and vital source of income for[…]

Sierra Leone News: Sunergy’s Second Diamond Parcel Delivered to Foreign Buyer in a Cash Sale for 2015

Friday, February 27th, 2015

Diamond Miner Sunergy, Inc. has said that they have now delivered their second diamond parcel, to their foreign buyers. Sunergy says it is now arranging additional parcels for local and foreign partnering arrangements for their Sierra Leone and Liberia diamond supplies which will continue for Sunergy’s licensed partners to have diamonds for sale through 2015[…]

Sierra Leone News: By the end of 2014…Revenue shortfall estimated at $90million

Friday, February 27th, 2015

Revenue collection has been adversely affected, due especially to decline in mining revenue and reduction in tax compliance. The revenue shortfall is estimated at Le 390 billion (US$90 million) by the end of 2014, and is projected to plunge further down to Le 932 billion (US$215). This finding was made in a Report published by[…]

Sierra Leone News: iMatrix 101 narrate challenges

Friday, February 20th, 2015
Sierra Leone News: iMatrix 101 narrate challenges

Due to the devastating impact ebola outbreak had on the private sector, the Ministry of Trade and Industry in collaboration with Irish embassy and Elixir group, recently organized an exhibition to showcase goods and services to both local and foreign organizations. The Managing Director of iMatrix 101 a local logistic and clearing company narrated the[…]

Sierra Leone News:HFC posts Le 2.8bn profit before tax

Friday, February 20th, 2015
Sierra Leone News:HFC posts Le 2.8bn profit before tax

HFC Mortgage & Savings SL plc has recorded a profit before tax of Le2.8 billion from which Le 488m was paid as tax giving a profit after tax of Le 2.3 Billion. The 6th Annual General Meeting was held at the Ramsey Conference Hall at Liverpool Street in Freetown. The earnings per share (EPS) to[…]

Sierra Leone News: ACTB launch SME Products

Friday, February 20th, 2015
Sierra Leone News: ACTB launch SME Products

The Deputy Minister of Trade and Industry Mabinty Daramy yesterday launched the Small and Medium Scale Enterprise products of A Call To Business (ACTB) at The Hub in Freetown. In her keynote address while officially launching the Small and Medium Enterprises (SME) product the Deputy Minister of Trade and Industry Mabinty Daramy started by appreciating[…]