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

News in the ‘Business & Finance’ Category

Sierra Leone News:How Ebola bankrupt businesses along Lumley beach

Friday, May 22nd, 2015
Sierra Leone News:How Ebola bankrupt businesses along Lumley beach

Ebola swept through the 40 metres strip of Sierra Leone’s sunny Lumley beach front like a wrecking ball, crumbling all the commercial businesses like a pack of cards being hit by an Asian tsumani. Home to over 30 restaurants and entertainment spots with over 1,000 directly employed and a few hundreds more feeding off the[…]

Sierra Leone News:The New Brookfields Hotel: ‘Opulence with a modest charge’

Friday, May 22nd, 2015
Sierra Leone News:The New Brookfields Hotel: ‘Opulence with a modest charge’

The crown jewel of Brookfields was not spared by Sierra Leone’s 10 years mayhem, but 11 years on, like the legendary phoenix bird the New Brookfields Hotel has risen from its ashes with ‘opulence and a modest charging rate.’ Unlike its competitors of international star rating level; the over a million dollars renovated New Brookfields[…]

Sierra Leone News:Life-By-Design, Partners award Le300m grant to entrepreneurs

Friday, May 22nd, 2015
Sierra Leone News:Life-By-Design, Partners award Le300m grant to entrepreneurs

Life-by-Design Center for Entrepreneurship and Innovation will today Friday 22nd May 2015, climax its business idea competition with an elaborate award ceremony at the Africell American Corner. The ceremony will involve awarding over Le380,000,000 (three hundred and eighty million Leones) to eight finalists who have worked their way through the various stages in the competition,[…]

Sierra Leone News:J Royal honours Nigerian medics

Friday, May 22nd, 2015

A Nigerian businessman in Sierra Leone, John N. Madumore (known as Oga John) recently hosted the Nigerian Medical contingent to a lunch buffet to show appreciation for their successful contribution in the fight against ebola in the country. At the J Royal Restaurant, the Nigerian Medics turned out in their numbers and in a friendly[…]

Sierra Leone News: ACTB opens new Branch in Kono

Friday, May 22nd, 2015

A Call to Business (ACTB) which is one of the largest micro-finance institutions currently in the country with a client base of over Ten Thousand (10,000) and an estimated Loan Portfolio of over Thirteen Billion Leones (Le 13,000,000,000) on Friday 15th May, 2015 opened a new branch at Koidu City, Kono District. Delivering the keynote[…]

Sierra Leone News:Standards Bureau celebrates World Meteorology Day

Friday, May 22nd, 2015

The Sierra Leone Standards Bureau (SLSB) on Wednesday 20th May joined countries around the World to celebrate “World Metreology Day” with the theme “Measurement and Light. World Metrology Day is an event that commemorates the signing of the “Metre Convention” on May 20, 1875 in Paris, France. SLSB which has the legal mandate (through the[…]

Sierra Leone News: Digital Market

Friday, May 22nd, 2015

As business models are transformed from mortar and bricks to bytes and pixels, Sierra Leonean born Bimbola Carrol has pioneered one of Sierra Leone’s first digital market with his mobile app “LUMA.” Buyers and Sellers can now meet in cyberspace and transact business bending time and space at their whims and caprices. Bimbola is one[…]

Sierra Leone News: HFC posts Le3.5billion PBT

Friday, May 15th, 2015
Sierra Leone News: HFC posts Le3.5billion PBT

The HFC Mortgage and Savings bank has posted a 21% increase in its profit before Tax for the year 2014 over 2013. In its published financials HFC posted Profit Before Tax (PBT) of Le3.5billion (Le3,502,298) which shows a modest increase of Le745.4 million (Le745,366) or 21% increase. HFC’s asset base grew by another 21% from[…]

Sierra Leone News: UBA posts Le12 Billion Profit Before Tax

Friday, May 15th, 2015
Sierra Leone News: UBA posts Le12 Billion Profit Before Tax

The United Bank for Africa (UBA) has posted a Le12.2billion (Le12,176,094,000) Profit Before Tax (PBT) in its published 2014 financials. This is a 0.5% increase (Le62,086,000) over the 2013 PBT. The assets base of the bank grew by 34% from Le216billion in 2013 to Le329billion in 2014. The Loans and Advances to customers grew by[…]

Sierra Leone News: Access Bank 2014 profits drop 56%

Friday, May 15th, 2015
Sierra Leone News: Access Bank 2014 profits drop 56%

Access Bank has made a modest Profit Before Tax of Le1.2billion for 2014. This however shows a 56% drop (Le1,561,353,000) in profits (PBT) from 2013 (Le2,793,254,000) to Le1,231,901,000 in 2014. Profits After Tax (PAT) drop from Le1,9billion in 2013 to Le867.7million The assets base of the Bank grew by Le9.2billion (6%) from Le142.7billion in 2013[…]