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

News in the ‘Business & Finance’ Category

Sierra Leone News: Diversifying agriculture requires specialised human resource –Ahmed Nanoh 

Tuesday, December 11th, 2018
Sierra Leone News: Diversifying agriculture requires specialised human resource –Ahmed Nanoh 

Promoting diversification has been an issue for governments past and present. They have always emphasized on the required needs of people to help develop the sector. Ahmed Nanoh, Executive Director of Sierra Leone Chamber of Agribusiness Development (SLaDEC) emphasized that the importance of agriculture cannot be overlooked. “The country spends more on rice importation, but the[…]

Sierra Leone Business: Only 33% Sierra Leoneans receive digitize payments for agricultural products

Tuesday, December 11th, 2018
Sierra Leone Business: Only 33% Sierra Leoneans receive digitize payments for agricultural products

The Global Findex Database 2017 recently released by the World Bank seeks to measure financial inclusion and the Fintech revolution, which indicates that about 235 million unbanked adults received agricultural payments in cash. Digitizing payments for agricultural products through mobile phones according to the report could be especially helpful for unbanked farmers living in remote rural[…]

Sierra Leone Business: Salone’s reward structure goes against certain profession –Bank Governor

Tuesday, December 11th, 2018
Sierra Leone Business: Salone’s reward structure goes against certain profession –Bank Governor

The Sub-Saharan African (SSA) countries are still afflicted with poverty and high unemployment, especially among the youth. Limitations of local and regional markets, infrastructure bottlenecks, and insufficient financing constrain the growth of our companies. The demographic boom and high competition puts too much pressure on the labor market. People continue to move from rural to urban[…]

Sierra Leone Business: Science, Technology and Innovation Experts meet on way forward for ECOWAS’ Regional Development

Tuesday, December 11th, 2018
Sierra Leone Business: Science, Technology and Innovation Experts meet on way forward for ECOWAS’ Regional Development

Cotonou, 5th December 2018. Science, Technology and Innovation (STI) experts from the Economic Community of West African States (ECOWAS) have begun their meeting on the way forward for the advancement of the region, on the 5th of December 2018 in Cotonou, Republic of Benin. Addressing delegates and participants at the opening of the meeting, the ECOWAS[…]

Sierra Leone Business: Experts begin validation of the ECOWAS Early warning Gender integration manual

Tuesday, December 11th, 2018
Sierra Leone Business: Experts begin validation of the ECOWAS Early warning Gender integration manual

Experts have begun the validation of the Early Warning Gender Integration Manual and Training Modules of the Economic Community of West African States (ECOWAS) on the 26th of November 2018, in Abuja, Nigeria. The two-Day Workshop is meant to review the draft document and ensure that it ultimately serves as a practical guide on integrating gender[…]

Sierra Leone Business: African Risk Capacity and AGRHYMET partner to harness technical expertise for food security

Tuesday, December 11th, 2018
Sierra Leone Business: African Risk Capacity and AGRHYMET partner to harness technical expertise for food security

The African Risk Capacity Agency (ARC) and AGRHYMET signed a Memorandum of Understanding to formalize technical collaboration and intensify joint efforts to improve food security in West Africa. The two organisations are advancing their mandates to address climate-induced food insecurity in West Africa and the Sahel by partnering to develop risk models and innovative financial mechanisms[…]

Sierra Leone Business: Europe’s Future Lies in the South and not the North, says Italian Finance Minister at Africa Conference

Tuesday, December 11th, 2018
Sierra Leone Business: Europe’s Future Lies in the South and not the North, says Italian Finance Minister at Africa Conference

“Africa is a continent of great change and opportunities. However, Europe finds it difficult to understand that its future lies in the South and not in the North,” said Giovanni Tria, Italian Minister of Finance and Economy. He was a speaking in Rome at a conference on Africa, challenges and opportunities: Italy and the African Development[…]

Sierra Leone Business: HOW TO SUCESSFULLY MANAGE MULTIPLE BUSINESSES

Tuesday, December 11th, 2018

Globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale. This makes it possible to start and manage multiple businesses. For many people, running one business is tough. But it gets even harder when they go on to add another business to their portfolio. Business[…]

Sierra Leone Business: Arrears to local contractors created significant impact on the banking sector –Finance Minister

Tuesday, December 11th, 2018

With the derailment of the Extended Credit Facility (ECF) programme with the International Monetary Fund (IMF), which consequently led to most development partners withholding their budget support to Sierra Leone since 2017, arrears to contractors were accumulated.  This led to a sharp increase in domestic debt and related high debt service payments as well as the[…]

Sierra Leone Bussiness: At SLACB Bankers economic Forum… Banks want collateral registry to support loans for SME’s

Monday, December 3rd, 2018
Sierra Leone Bussiness: At SLACB Bankers economic Forum… Banks want collateral registry to support loans for SME’s

George Ndubuisi Meze Managing Director of Zenith has reiterated their earlier request made during a Bank of Sierra Leone session on the need for a collateral registry that will enable them fund small and medium enterprises (SMEs). “It is clear that we are ready and willing to support if there is a guarantee from government.” MD[…]