22.8 C
Freetown
Tuesday, November 19, 2019

Business & Finance

Sierra Leone Business: RMFA inherited nearly Le200bn liability

The Road Maintenance Fund Administration (RMFA) Director of Finance Joe Thomas has revealed that their administration inherited a liability of nearly Le200 billion from...

State Lottery revenue drive impacted by lack of betting regulation

The Managing Director of the Sierra Leone State Lottery Company (SLSLC) Jerry E. George has said that if there is no Body with laid...

Sierra Leone Business: Financial Secretary promises continued transparency in national budget process

As the Ministry of Finance begins it 2020 Financial Budget Hearing, Sahr Lahai Jusu, Financial Secretary has promised that they will continue to ensure...

S.L Mining may stop operations this week

Reports filtering in from the Northern Province indicate that the iron ore miner SL Mining is planning to stop work this week after unsuccessful...

Local produce will not be contracted to non-resident businesses  -Finance Minister

Finance Minister, Jacob Jusu Saffa has revealed that the ongoing amendment of the Procurement Act as directed by the President will not allow non-resident...

Salone debt and services payments affected the current account deficit

Sierra Leone’s external sector performance, has remained feeble reflecting weak exports and sluggish donor inflows. “The current account deficit widened to 13.8 percent of GDP...

World Bank says growth in 2018 was driven by domestic investment and increased exports

The World Bank has in their annual review of the country’s economic trend indicated that growth in 2018 was driven by domestic investment and...

NRA staff paid in excess of Le3.06 billion in 2017

A significant monthly payroll fluctuation was identified in the National Revenue Authority (NRA) records amounting to Le3.06 billion. The Commission is currently looking into exhibit...

The APC Opposition Leader supports my ECOWAS Speakership candidature – Hon. Sidie Mohamed Tunis

The Leader of Government Business in the Sierra Leone Parliament, Honourable Sidie Mohamed Tunis has said that he was running for the Speakership position...

Finance Ministry ends 2020 Formula Based Grants Distribution to Local Councils

The Local Government Act, 2004 also makes provision for the use of a formula based grant distribution system for allocating devolved grants to Local...
Select your currency
USD United States (US) dollar