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PARLIAMENT RATIFIES TWO AGREEMENTS TO IMPROVE ON PORTS FACILITIES PDF Print E-mail
Business
Written by Expotimes   
Monday, 04 December 2017 19:14

The Parliament of Sierra Leone on Monday 04th December 2017 debated and ratified two additional agreements aimed at improving and expanding Ports facilities in Sierra Leone to be at par with international best practices.

Presenting both Agreements prior to ratification, the Minister of Transport and Aviation, Balogun Koroma said that the additional Agreements are geared towards addressing some of the concerns raised by MPs, in respect of expanding our Ports facilities to accommodate larger vessels, and the issuance of license with the view of combating money laundering, contra-band goods, and attracting more funds for Government.

Hon. Dr. Bernadette Lahai, Minority Leader of the House, also supported the ratification of the two Agreements, saying if our Ports are not developed, we would not be able to attract huge vessels; thus the need for the continuous improvement of our Ports facilities.

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Managing Director of Rokel Commercial Bank, speaks to The Worldfolio about the investment opportunities in Sierra Leone PDF Print E-mail
Business
Written by Sheriff Mahmud Ismail   
Monday, 02 October 2017 11:18

John D. Okrafo-Smart, Managing Director of Rokel Commercial Bank, speaks to The Worldfolio about the investment opportunities in Sierra Leone and gives his insight into the banking landscape.

Excerpts shared by Sheriff Mahmud Ismail

The Government of Sierra Leone is placing great priority in improving the business climate, enhancing infrastructure and support to private sector development. In line with the government focus, the Central Bank is targeting price stability in support of economic recovery, enhancing monetary policy instruments and liquidity management and also limiting intervention in the foreign exchange market, which will be important to preserve foreign exchange reserves.

The above measures will help in the strengthening of the banking system to support financial intermediation. Commercial banks are thus poised to benefit and take advantage of the improved economic and business environment by offering better services to their customers, including loans and overdrafts and forex to import, thereby creating wealth and boosting government revenue.

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NRA Boss flies the Sierra Leone flag at the 3rd International Conference on Tax in Nigeria PDF Print E-mail
Business
Written by Expotimes   
Friday, 29 September 2017 17:26

The Commissioner-General of Sierra Leone's National Revenue Authority is currently representing Sierra Leone at the 3rd International Conference on Tax in Nigeria organised by the African Tax Administration Forum (ATAF). The conference which takes place from 26-29 September 2017 brings together over 200 tax experts from across Africa and the world to discuss tax issues and compliance factors affecting African countries.

During the session on improving the collection of Corporate Income Tax in Africa, Madam Kallah-Kamara highlighted the successes Sierra Leone has achieved over the past few years under her administration which is as a result of embracing international best practice in tax administration.

She said “in all our reforms adopted in Sierra Leone in the area of tax administration, we have ensured that we learn from other countries in Africa in terms of how they have improved things, the challenges they faced and their successes”.

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ACC CAPACITATES SIERRA LEONE COMMERCIAL BANK STAFF ON ANTI-BRIBERY AND ANTI-CORRUPTION ISSUES PDF Print E-mail
Business
Written by Expotimes   
Wednesday, 26 July 2017 21:42

The Anti-Corruption Commission (ACC) on the request of the Management of the Sierra Leone Commercial Bank (SLCB) on Thursday 20th July, 2017 commenced anti- bribery and anti-corruption training with staff of the Bank.

The training which was held in the Bank's Conference Room 9th Floor, Christian Smith Building 29/31 Siaka Stevens Street, Freetown attracted over twenty members of the Executive Management.

 

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ACC URGES EDSA BO TO TACKLE BRIBERY AND PETTY CORRUPTION PDF Print E-mail
Business
Written by ALIMAMY LAHAI KAMARA   
Tuesday, 27 June 2017 18:02

“Electricity is an essential commodity. Operations of Government offices and private enterprises hinge on the availability of electricity. And in the homes, every single Sierra Leonean will like to enjoy electricity service; therefore, we cannot afford to tolerate petty corruption and bribery in the energy sector,” ACC Southern Regional Manager told staff of Electricity Distribution and Supply Authority (EDSA) at a general meeting at EDSA conference room.

Samuel Marah said EDSA staff have to brace up for the job and conduct themselves in line with best practice. He said meters, poles and cables, ladders, pliers, and computers do not involve in malpractices by themselves, but it is the individuals who use them as they interact with the gullible public. The public most times is unable to identify EDSA staff from non EDSA staff.

He said EDSA in Bo must implement measures already designed to tackle petty corruption and bribery happening in the sector. May 2017 PNB complaints report indicated bribes paid for meter replacement, new connection, reconnection, bill reduction and avoiding disconnection. These hotspots continue to feature repeatedly in the report and it is about time actions are taken. Erection of service charter indicating costs for services can be a huge measure to curbing petty corruption.

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Editorial

26th IPRA Conference in Sierra Leone Ends on a High Note

The International Peace Research Association (IPRA) successfully held its 26th General Conference on ‘Agenda for Peace and Development: Conflict Prevention, Post-Conflict Transformation, and the Conflict, Disaster Risk and Sustainable Development Debate’ in collaboration with the 10TH Dealing With Disasters Series, Northumbria University (UK)and Sakarya University (Turkey) and  the University of  Sierra Leone at the Bintumani Conference Centre in Freetown, Sierra Leone from November 27 to 1st December 2016.

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Business News

PARLIAMENT RATIFIES TWO AGREEMENTS TO IMPROVE ON PORTS FACILITIES

The Parliament of Sierra Leone on Monday 04th December 2017 debated and ratified two additional agreements aimed at improving and expanding Ports facilities in Sierra Leone to be at par with international best practices.

Presenting both Agreements prior to ratification, the Minister of Transport and Aviation, Balogun Koroma said that the additional Agreements are geared towards addressing some of the concerns raised by MPs, in respect of expanding our Ports facilities to accommodate larger vessels, and the issuance of license with the view of combating money laundering, contra-band goods, and attracting more funds for Government.

Hon. Dr. Bernadette Lahai, Minority Leader of the House, also supported the ratification of the two Agreements, saying if our Ports are not developed, we would not be able to attract huge vessels; thus the need for the continuous improvement of our Ports facilities.

Read more...

Media News

Two veteran Journalists, now in the United States have paid a courtesy call on Sierra Leone's Ambassador

Two very respected and veteran Journalists who are in the United States of America for various reasons have called on Sierra Leone’s Amr. Bockari Kortu Stevens not only to appreciate the work of the Embassy, but also to pay courtesy as protocol demands.

Mr. Rod Mac-Johnson, former Lecturer Fourah Bay College, former Director of Information Ministry of Information and Communications, Former Director Sierra Leone News Agency (SLENA), Former Chairman Independent Media Commission (IMC) and stringer French News Agency  etc. is on vacation and Mr. Cyril Juxon Smith Director Information and Communications House of Parliament, former Acting Director General Sierra Leone Broadcasting Service (SLBS) and former UNESCO Media Consultant  is in the United States of America to attend the funeral of his father.

Speaking at the Ambassador’s residence on 4821 Colorado Avenue, Washington DC  Mr. Rod Mac-Johnson said “Thank  you Amr. Stevens for accommodating us in the middle of your tight schedule, and also to discuss with us in a homely spirit.

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Commentary

WHO PAYS THE NOVEMBER 2017 ECOWAS COURT / V.P. SAMUEL S. SAM-SUMANA’S COURT RULING CHARGES/FINES??

Your Excellency Sir,

For over a month now, since the ECOWAS Regional Court in Abuja, Nigeria handed down their landmark opinion on the Vice President, Samuel Sam-Sumana’s appeal law suit against his “unconstitutional removal” from power by your APC government, having been legally sanctioned by the Supreme Court of Sierra Leone, I have been taken, both by extreme trepidation and satisfaction, as I continue my reflection. In their ruling, (in resume,) the ECOWAS Courtoverturned” the Sierra Leone Supreme Court’s seemingly “compromised” opinion that saw Mr. Sam Sumana arbitrarily or constitutionally deposed from his position as the duly elected Vice President of Sierra Leone (alongside you,) midway your second presidential tenure in 2015; just after the infamous Ebola viral epidemic devastating scourge on Sierra Leone. The ECOWAS Court ruling therefore “ordered” the immediate reinstatement of the vice president, furthering that all backlog of his remunerations and emoluments be accorded him, from the time he was sacked, to date; along with his claim for damages of U. S. $ 250 million.

Upon the ruling by this higher regional court, I have had to do some very sober reflections and musing over the “political manoeuvres” and intrigues that originally erupted from an internal APC party wrangling that proceeded to the Sierra Leone parliament, and had to eventually culminate into what most objective and independent legal minds considered a “blatant travesty of justice and breach of our constitution.” This ruling also brought a legal embarrassment to the Sierra Leone justice system in the sub region, continent and world over. And whereas I would not want to meddle with the political ramifications and implications of that higher regional court’s “legal opinion,” I would like to briefly examine the moral and economic considerations, as I objectively see them. This then obviously takes me back to my caption question that I would summarize as “Who Pays the ECOWAS Court’s Ruling Charges??”

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View Point

MR. PRESIDENT: SIERRA LEONEANS ARE DYING OF STRESS

Dear Mr. President, events leading to, including the horrible aftermath of the deadly Ebola Virus Disease, the twin disasters of mudslide and flooding convey unarguably a fatalistic dose of stress. Worsening is the inflation of basic food stuff and the devaluation of our Leones which has made life very difficult for the average citizens.

Mr. President,stress is increasingly becoming visible in the conduct of most Sierra Leoneans; hence stress is a pressure or worry caused by the problems in somebody's life.

Before 2007 elections, protestation songs by Emmerson Bockarie, Innocent and "Dry yai crew" assumed the role of the opposition parties against the Tejan Kabbah-led SLPP government. Today, public transport cabs/buses, ghettos and the ‘Ataya base’ have now assumed that position in venting out frustrations against your APC led government.

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News - Press Release

The Minister of Foreign Affairs and International Cooperation presents AWOL Awards to outgone Minister

(MFAIC Press Office, 4th January, 2018). The Minister of Foreign Affairs and International Cooperation Dr. Kaifala Marah has presented the All Walks Of Life (AWOL) prestigious award of ‘Best Ministry of the Year 2017’  to the outgone Minister of Foreign Affairs and International Cooperation, Dr. Samura M.W. Kamara at a press conference held at the Ministry’s conference Hall, Tower Hill, Freetown.

In his brief statement before officially handing over the award to the outgone Minister, Dr. Marah gave a brief overview of the introduction of performance contracts in 2014 by His Excellency Dr. Ernest Bai Koroma that set in motion the process of enhancing and operational mandates in various MDAs. It is against this background that the Ministry was among the five best performing Ministries based on the outcome of the Ministry’s Performance Contract Assessment Report for 2016/17 (Performance Tracking Table – PTT) in the country.

Dr. Kaifala Marah lauded the relentless efforts of Dr. Samura M.W. Kamara, during whose tenure the Ministrydeveloped and articulated, for the first time ever, a comprehensive strategy to guide and re-invigorate the national approach to foreign policy and international cooperation in a rapidly changing global environment.

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Society -Local News

FOREIGN ENVOYS PAY COURTESY CALL ON THE MINISTER OF FOREIGN AFFAIRS AND INTERNATIONAL COOPERATION

(MFAIC Press Office, 5thJanuary, 2018). Five Foreign Envoys including the Head of Delegation of the European Union, Amb. Tom Vens; the Honourary Consul of the Arab Republic of Syria, Hussein Jawad; Charge D’ Affairs of the Islamic Republic of Iran, Nadali Heydari; Charge D’ Affairs of the People’s Republic of China, Wang Xinming; and the Honourary Consul of India, Harish Agnani; have paid a courtesy call on the Minister of Foreign Affairs and International Cooperation, Dr. Kaifala Marah at his Tower Hill office in Freetown.

According to the foreign envoys during their separate meetings with the Minister, their visit to the newly appointed Minister is to enhance and deepen the existing partnerships and bilateral relations between their respective countries and the Republic of Sierra Leone. They extended fraternal salutations and congratulatory messages from their Government and people of their respectively countries to the Government and people of Sierra Leone.

The foreign envoys underscored their Governments’ continuous assistance and support to Sierra Leone. Thecurrent electoral climate in the countrywas discussed within the perspectives of bilateral and multilateral relations, underlining the common interests in developing political, cultural and economic relations, as well as the interpersonal relations between the EU, the Arab Republic of Syria, the Islamic Republic of Iran,the People’s Republic of China, India and Sierra Leone.

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Development

SIERRA LEONE AND ISRAEL ADVANCE DIPLOMATIC TIES IN SEOUL

The Ambassador of the State of Israel to the Republic of Korea, His Excellency Ambassador Chaim Choshen today 4th January 2018 paid a courtesy call on Sierra Leone's Ambassador to the Republic of Korea, His Excellency Ambassador Omrie Michael Golley, at the Sierra Leone Mission in Seoul, the South Korean Capital. 

Ambassador Choshen, who was appointed as Ambassador of Israel to South Korea in August 2016, expressed his appreciation for being warmly received by his Sierra Leonean host and counterpart, and stated that his Government was very keen to expand its relations with Africa, citing the examples of Official Visits in recent months by the Israeli Prime Minister Mr Benjamin Netanyahu to various countries in Africa.

Recounting the recent Official Visit of His Excellency President Ernest Bai Koroma to Israel, Ambassador Omrie Golley stated that the recent visit of President Koroma underscored the importance that his Government was attaching to expanding Sierra Leone's ties with Israel, particularly in the economic sphere.

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Politics

It will not be business as usual – Bio assures diaspora

He was passionate, confident and assuring as he addressed hundreds of Sierra Leoneans at the prestigious Royal Regency Hall in London on Saturday 9th December 2017 with a very simple message that as the next President it will not be business as usual.

For a man who has a solid track record as a disciplinarian, Rtd. Brigadier Julius Maada Bio continues to attract many voters who feel the country needs a strong and disciplined leadership.

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