Increase Text Size Decrease Text Size Default Text Size
 
OOPS. Your Flash player is missing or outdated.Click here to update your player so you can see this content.
Featured Links:
Banner
ExpoNet
EXpoNet Services!
Banner
Subscribe Now
Subscribe Now.
Business
IMF Managing Director Christine Lagarde Appoints Abebe Aemro Selassie as Director of the IMF’s African Department PDF Print E-mail
Business
Written by Press Release No. 16/409 FOR IMMEDIATE RELEASE September 15, 2016   
Thursday, 15 September 2016 18:52

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today announced her intention to appoint Abebe Aemro Selassie as Director of the IMF’s African Department. Mr. Selassie succeeds Antoinette Sayeh whose departure was announced previously. He is expected to begin his work in this capacity on September 19, 2016.

“Abe brings a profound understanding of the challenges facing Africa, having worked closely with policymakers from across the region for much of his career. His proven ability to provide intellectual leadership, track record of building collaborative relationships, analytical depth, and warm collegiality make him ideally placed to lead the IMF’s work with our membership in sub-Saharan Africa. Having had the opportunity to work with Abe over the last five years, I have been struck by his sound judgement, integrity, and commitment to teamwork,” Ms. Lagarde said.

Read more...
 
NRA Gbalamuya Customs Post making progress amidst challenges PDF Print E-mail
Business
Written by Contact Tracer   
Thursday, 18 August 2016 06:03

The National Revenue Authority under the current leadership of the hardworking Commissioner General, Haja Kallah Kamara was established through an Act of Parliament, the NRA Act of 2002 with core mandate of assessing and collecting revenues on behalf of the government. It is also tasked with an addition responsibility, which is to facilitate trade, border control and management. Report states that this is why the revenue collection body modernized procedures and processes over the years in order to enhance effectiveness and efficiency in revenue collection.

Since the opening of the Gbalamuya Joint Border Post in 2012 and the establishment of the Automated System for Customs Data (ASYCUDA) in 2014, it has enabled customs officials of Guinea and Sierra Leone to operate under one roof and has significantly reduced the burden and time to transport goods. 

Investigations conducted by the press states that the Gbalamuya Customs Post has contributed immensely over the years in raising trillions of Leones for the government.

Read more...
 
Is South Africa Worthy of Your Investment? PDF Print E-mail
Business
Written by Martha Chauke   
Thursday, 11 August 2016 00:47

Developing countries like South Africa need FDI (Foreign direct investment). They are investments in a business by an investor from another country for which the foreign investor has control over the company purchased. The Organization of Economic Cooperation and Development (OECD) defines control as owning 10% or more of the business. Increased FDI in developing countries contributes to the country’s economic development because of external capital and increased revenue. Helping developing countries create employment opportunities for its citizens, invest in local skills development and new local industries.

The developing government is able to use the capital infusion and tax revenue generated from FDI for economic growth by improving the physical and economical infrastructure of the country. Such as building roads, educational institutions, developing transport and communication systems and also subsidising the creation of domestic industries. Making it possible for all citizens to benefit from the FDI. Besides from the monetary aspect, FDI affords developing countries a learning experience which in turn leads to other growth paths. 

Read more...
 
NRA’s Implementation of WTO’s Trade Facilitation Agreement (TFA) PDF Print E-mail
Business
Written by Ann Marie Dumbuya   
Tuesday, 26 July 2016 17:44

In 1996, some WTO members raised the need for an agreement on trade facilitation as part of the World Trade Organisation (WTO) Agreements. Negotiations on the said agreement however lasted for nearly 10 years. It was only in November 2014, that WTO members agreed to incorporate the trade facilitation agreement (TFA) as part of the WTO Agreements.

The main purpose of the TFA is to foster more efficient customs clearance procedures, promote the use of modern technologies to ensure the speedy movement of goods and people, advance effective cooperation between customs and other relevant authorities involved in trade facilitation, and to improve technical assistance and capacity building support in these areas.

The TFA covers trade in all goods and contains 24 Articles in 3 Sections. Section I refers to trade facilitation standards and obligations, Section II relates to the flexibilities provided for developing countries with regards timelines for the implementation of specific provisions of the Agreement, and Section III pertains to institutional arrangements. The high points of this agreement in relation to the NRA are:

Read more...
 
EPA On A Smear Propaganda PDF Print E-mail
Business
Written by Expotimes   
Sunday, 03 July 2016 23:27

The Admin and Finance Manager of AMR Gold’s subsidiary company, Wilkinson Hill Mining Company has informed this medium that the Wilkinson Hill will be commencing mining operations after the rains.

He said the Public Notice issued by the Environmental Protection Agency claiming to close down on the company’s mining activities is an utter misplacement and could be described as a smear propaganda aimed at fulfilling a hidden motive.

He further queried, “How do you stop an operation that has not started.” According to him, EPA acted with malice by issuing a Public Notice without their knowledge, adding that environmental protection is very fundamental to the company’s operations.

He said, “We are a very law abiding company and know the importance of protecting the environment without any hindrance to the community and the people. To show that we are very law abiding, we followed the procedures set out in the Environment Protection Agency Act in acquiring an Environmental Impact Assessment License.”

Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 2 of 19

Editorial

2016 Global Peace Conference to be held in Freetown---as IPRA 50th Birthday confab ends in Istanbul

 

The 26th biennal conference of the Internatonal Peace Research Association (IPRA) is billed to take place in  Freetown, Sierra Leone in November 2016, marking the second time Africa has hosted the conference since the founding of IPRA in 1964. This was announced following the re-election of  the two IPRA Secretaries-general, Dr Ibrahim Seaga Shaw (pictured) and Dr Nesrin Kenar, who co-ordinated the 25th  IPRA conference in Turkey,  at the organisation’s administrative meeting on August 14 during the 25th  IPRA  conference in Istanbul  to serve a second term of two years.

Read more...

Business News

Sierra Leone Embassy & Beijing Chamber Of Commerce for Cultural Industries Launch China-Sierra Leone Hand-In-Hand International Foundation

The Sierra Leone Embassy in China in collaboration with the Beijing Chamber of Commerce for Cultural Industries on Saturday 17th June, 2017 launched the China-Sierra Leone Hand-in-Hand International Foundation with a view of cultivating good citizenship by enhancing social, environmental, cultural and economic wellbeing of communities in Sierra Leone.

It also will among others, serve as a bridge of friendship between the two nations in a bid to promote international culture and art exchanges and contribute to economic development.

Speaking at the event, Madam Kumba Alice Momoh, the embassy’s Chargé d'Affaires   referred to the launch of the China-Sierra Leone Hand-In-Hand International Foundation as “the birth of a new era during a period that Sierra Leone is celebrating 46 years of bilateral relationship with China”

Read more...

Media News

44 Journalists in Beijing for China Development Studies and Media Exchange

The 4th session of the China Africa Press Center (CAPC) Program hosted by the China Public Diplomacy Association (CPDA) was officially launched on Wednesday 1st March 2017 in Beijing, China. This year’s event is running simultaneously with the China South Asia Center 2017 program. Both programs brought together forty-four journalists from Africa and South Asia.

The program you will give journalists the opportunity to cover major domestic and international events in China such as the upcoming Two Sessions, i.e, the 5th Session of the 12th National People's Congress (NPC) and the 5th Session of the 12th National Committee of the Chinese

People's Political Consultative Conference (CPPCC) (similar to Parliamentary sessions in many countries) in March, the Belt and Road Forum for International Cooperation in May and the 9th BRICS Summit in Autumn this year.

Read more...

Commentary

REVIEWING THE JUNE 2017 ECOWAS SUMMIT

A PASSIONATE LETTER TO HIS EXCELLENCY THE PRESIDENT:  44TH EDITION

REVIEWING THE JUNE 2017 ECOWAS SUMMIT
 Your Excellency Sir,
 It’s been six months since I subscribed to my usual publications of this piece. And this is primarily because I have been out of the country for the entire period, and as such would not normally objectively tender a subscription. I do apologize to my readers for this. So having being in Monrovia, Liberia for the recently concluded ECOWAS Summit, I would like to do some analysis on such a historic august body and gathering of this sub-Saharan/West African region.
 
In resume, among other crucial achievements, ECOWAS, through its military apparatus, ECOMOG, played very sacrificial and invaluable roles in bringing peace, security and democratic governance to both Sierra Leone and Liberia during their past civil wars, and most recently ensuring that the Gambian people’s democratic change of government from the notorious dictatorial twenty seven years regime of Yaya Jarmeh, to the current government of President Adama Barrow, through their tactical robust intervention, overseen by President Helen JohnsonSirleaf of Liberia and other ECOWAS Presidents/actors, was enforced. Furthermore, ECOWAS has also spearheaded the enactment of several socio-political, advocacy and economic treaties in the sub region.
Read more...

View Point

WHY SIERRA LEONEANS HATE PEACE AND DEVELOPMENT

Honestly speaking Sierra Leoneans are well known for their hospitality all over the world, especially in Africa. But ironically many of them hate each other. But they love foreigners. They have high respect for strangers. But unfortunately they do not have respect among themselves. You can attest this to what is happening in the social media. Where they are showing their pull him down (PhD) syndrome. By castigating their compatriots unnecessarily. Some of them just because of jealousy and envious evil spirit they possess. They prefer to promote foreigners than their own brothers and sisters both in and out of the country.

Day in day out they are insulting each other.They are using all sorts of vulgar languages against each other. And even their own highly respected president in the world, President Ernest Bai Koroma they are insulting him openly. Therefore, it is an open secret that many Sierra Leoneans are not well cultured.

Read more...

News - Press Release

WHO Director-General elect welcomes new funding for polio eradication

 World Health Organization Director-General elect, Dr Tedros Adhanom Ghebreyesus has welcomed contributions and pledges of US$1.2 billion for the Global Polio Eradication Initiative. The pledges were made at the Rotary Convention in Atlanta, USA which is being attended by 32 000 Rotarians from around the world. 

“It is humbling to see again the power of this incredible global partnership to generate funding to fight one of the world’s most horrible and debilitating diseases,” said Dr Tedros.

 

 

A proportion of the money pledged will help WHO fund disease surveillance in more than 70 countries and enable it to provide expertise to help countries vaccinate 450 million children per year against polio. The Organization will also provide guidance on vaccination policy and participate in research into vaccine delivery methods, operational tactics and other approaches that can help accelerate eradication.

Read more...

Society -Local News

WAI-SL rescues hermaphrodite …more support needed

Women Against inhumanities Sierra Leone (WAI-SL), has over the past months embarked on fundraising for the surgery of Ibrahim Sorie Karama a hermaphrodite. The founder and CEO of Women Against inhumanities Sierra Leone (WAI-SL), Miss Michaella Sallu with her team are pleased to inform the general public both home and abroad that surgery has been successfully done on Ibrahim Sorie Kamara the 16 year old boy that was popularly seen on social media having breast enlargement.

The Bilateral Subcutaneous Mastectomy surgery was done on the 6th of June 2017 at the Holy Spirit hospital Makeni free of charge by a team of 5 surgeons from Ghana headed by Dr. Albert Painsil and assisted by our Sierra Leonean brother Dr. Abdul Jalloh with fund from Resurge Africa UK.

Read more...

Development

Sierra Leone Collateral Registry to improve access to finance for MSMEs

Minister of Finance and Economic Development and Governor of the Central Bank Monday (June 12) jointly launched the Sierra Leone Collateral Registry, an electronic public database holding information on security interests in movable property.

 

The Registry is an initiative of the Bank of Sierra Leone with technical and financial support provided by the World Bank Group to improve access to finance, particularly for Micro, Small and Medium Enterprises (MSMEs). Established under Part II of the Borrowers and Lenders Act, the Registry is a web based system that allows lenders to search for any pre-existing security interests over movable assets provided as collateral. It facilitates the use of movable assets as collateral that may remain in possession or control of the borrowers and thereby improves access to secured finance.

 

 

 

Movable assets are the main type of collateral that MSMEs, especially those in developing countries, can encumber to obtain financing. Given opportunities in agribusiness among others, the Collateral Registry regime allows farmers and entrepreneurs to unlock significant sources of capital with assets that would otherwise not be looked at by lenders as potential collateral.

Read more...

Politics

APC Secretary General Ambassador Yansaneh announces the resolutions at the June 1st NAC Meeting
EBK endorsed to continue as Chairman and Leader,continue to unite and transition the party.
 
Selection or Endorsement of Presidential Candidate who will appoint a Running Mate to be endorsed by NAC.
 
National Executive Officers must have served at regional,district or constituency level to be qualified for selection or election.
 
Must n paid up and active in the last 10 years and paid up for 7 years . 
 
Will sign an undertaken to support whoever is selected or endorsed . 
Read more...
Copyright © 2017 expotimesonline. All rights reserved.