The National Investment Board has ended its Public Private Dialogue with the Small and Informal Sector, including other key partners in the country’s investment industry. The investment dialogue was held at the Conference Room of the Vice President’s Office, Tower Hill in Freetown. Speaking at the closing of the dialogue, the Executive Director of NIB, Dr Maada Mustapha said that …

By Jane B. Mansaray. The allegation that Gulf Mineral Water Company is not paying taxes to the National Revenue Authority (NRA) has been described as false, baseless and unfounded. This was the reaction by the Management of Gulf Mineral Water Company to a negative publication in a local tabloid newspaper last week. Speaking at a press conference held on Friday …

Strategic Communications Unit, Ministry of Information and Communications. There has been a hue and cry over the steady increase in prices of essential commodities for which government has been subjected to intense rebuke by some sections of the public. The opposition particularly has lost no time in making political capital out of the unbearable situation knowing fully well that being …

The Minister of Information and Communications Honourable Mohamed Rahman Swaray and the Minister of Trade and lndustry Honourable Dr. Edward Hinga Sandy embarked on a media blitz in Bombali District on Wednesday September 29, 2021. The discourse was to engage citizens on government’s policies and programs, discuss President Dr. Julius Maada Bio’s recent trip to the United Nations General Assembly …

By Sylvester Samba. The Executive Chairman of Petroleum Regulatory Agency (PRA), Dr. Brima Baluwa Koroma has expressed confidence that his Agency will generate One Trillion Leones for the SLPP government in the coming years. Dr. Koroma made the disclosure during the ongoing Financial Year 2022 budget discussion taking place at the Ministry of Finance, Treasury Building in Freetown. Making his …

Police have confirmed the arrest and detention of fourteen employees of Pee Cee and Sons for stealing property belonging to the company. They appeared at the Ross Road Magistrate Court yesterday but they were denied bail and remanded at the Male Correctional Centre in Freetown. According to the company’s Administrative Manager, Mukesh Patel, the fourteen employees were caught red-handed along …

By Mohamed Fofanah. Sierra Leone Investment and Export Promotion Agency (SLIEPA) has unveiled home builder and construction company, “Groupe Djata” with plans to build 5,000 affordable housing to cope with the increasing population growth in the urban areas across the country. Speaking at a press briefing at OAU Drive, Tower Hill in Freetown on Friday, the Chief Executive Officer of …

Ahmed Mackie trading as MACCEM (Mackie Cement) is under pressure not to sell a bag of imported cement above Le75,000 a bag because of the incentives his company enjoys in the importation of the commodity. MACCEM and Dangote enjoy special incentives from the Government in the importation of cement. Both companies are exempt from paying 15% GST on imported cement. …

By Mahmud Tim Kargbo. Since Independence, commodity trading in the country has primarily being in the hands of a cartel. Successive governments have failed to enact policies to disempower or dismantle this cartel. In countries with the absent of these exploitative cartels, prices are determined by demand and supply, for Sierra Leone this is not the case. The primary determinant …

By Mohamed Fofanah. Leading oil marketing company, National Petroleum (NP-SL) Limited Saturday commissioned a new filling station outlet in Mattru Jong, Bonthe district as part of efforts to ensure that the company’s petroleum products are accessible across the nook and cranny of the country. Speaking in Mattru town, the Proprietor of the new filling station, Mustapha Kallon, expressed optimism for …