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

News in the ‘Business & Finance’ Category

Sierra Leone News:NRA embarks on implementing The Finance Act of 2016

Monday, August 29th, 2016
Sierra Leone News:NRA embarks on implementing The Finance Act of 2016

The Finance Act 2016 was enacted in March this year and the National Revenue Authority (NRA) has been gradually looking at sections of the law dealing with revenue collection. First to implement was the increase in income tax from 30 to 35 percent for people earning above Le2 million. It was easy to deduct this[…]

Inflation Climbs to 10.53% in July 2016

Monday, August 29th, 2016

The inflation rate for July 2016 moved upwards from 10.16 percent in June to 10.53 percent in July. Likewise, the monthly rate increased slightly from 272.34 percent in June to 275.82 percent in July 2016. “The increase in the price level for July 2016 was as a result of the steady depreciation of the Leone[…]

Sierra Leone News:Fisheries Ministry generates Le37billion

Monday, August 29th, 2016
Sierra Leone News:Fisheries Ministry generates Le37billion

The Ministry of Fisheries and Marine Resources Sector has made major gains over the past years and continues to provide the needed protein for our people and generate most needed revenue for our economy. As a result of measures taken during the past years, fish supplies to the local markets have increased and revenue generation[…]

Sierra Leone News:Ecobank Gives Customers 15% Discount on Qatar Airways

Monday, August 29th, 2016
Sierra Leone News:Ecobank Gives Customers 15% Discount on Qatar Airways

Ecobank has partnered with Qatar Airways to offer the bank’s Customers in Africa 15 percent discount on economy class and 10 percent discount in business class. It is an exclusive airfare deal for Ecobank customers that will end September 13 this year, a statement from the bank emailed to customers said. The table below shows[…]

Sierra Leone News:NRA Collects Le1.32 trillion in first Half of 2016

Monday, August 29th, 2016
Sierra Leone News:NRA Collects Le1.32 trillion in first Half of 2016

The National Revenue Authority (NRA) Collected Le1.32 trillion in the first six months of 2016 compared to Le1.1 trillion collected during the same period in 2015, Mohamed Bangura, Corporate Affairs Manager of NRA said in an interview in Freetown. NRA exceeded its half year target by Le13.49 billion. The target was Le1.308 trillion. “A total[…]

Sierra Leone News:EITI Chair and Head of Secretariat Visits Sierra Leone

Monday, August 29th, 2016
Sierra Leone News:EITI Chair and Head of Secretariat Visits Sierra Leone

The Board chair of the Extractive Industry Transparency Initiative (EITI) John Fredrik Reinfeldt, former Prime Minister of Sweden and the head of the EITI Secretariat in Oslo Jonas Moberg visited Sierra Leone to get government’s commitment to implementing the EITI findings and recommendations. “They are here to support Sierra Leone in implementing the EITI and[…]

Sierra Leone News:Chairman of United Bank for Africa open 18th Edition of the MEDEF Summer University in France

Monday, August 29th, 2016
Sierra Leone News:Chairman of United Bank for Africa open 18th Edition of the MEDEF Summer University in France

Tony O. Elumelu, Chairman, Heirs Holdings, United Bank for Africa Plc and Founder of the Tony Elumelu Foundation (TEF), has been invited to debate at the opening session of the MEDEF Summer University alongside two other global business shapers. Currently in its 18th edition, this year’s event will be held on August 30th and 31st,[…]

Sierra Leone News:A path toward wealth and security: Investing in the health of Africa’s people

Monday, August 29th, 2016
Sierra Leone News:A path toward wealth and security: Investing in the health of Africa’s people

Africa needs much more investment from the private sector to build its roads, energy and communications infrastructure. But for countries to make the most use of that infrastructure, they also need to invest more in people — – in brain power and “gray matter” infrastructure, to realize their demographic dividend that fuels inclusive economic growth.[…]

Sierra Leone News:Traders Union Chairman speaks tough against street trading in Bo

Monday, August 29th, 2016

The Southern Regional Chairman of the Sierra Leone Traders, David Moses has been making tough statements against street trading, saying that he supports the metropolitan police of the Bo City Council to raid the streets of Bo in order to get rid of traders. Speaking to this medium along Fenton Road in Bo yesterday, Mr.[…]

Sierra Leone News: NMA Cancels Mining License of Cluff Gold

Monday, August 22nd, 2016

The National Minerals Agency (NMA) has cancelled the mining right of Cluff Gold for failing to develop the mine in 6 months, Peter Bangura Director of Mines NMA said in an interview. In a letter to Cluff Gold from NMA dealing with compliance, the agency stated that the company failed to commence development of the[…]