𝐁𝐲 𝐌𝐨𝐡𝐚𝐦𝐞𝐝 𝐅𝐨𝐟𝐚𝐧𝐚𝐡. The Sierra Leone Electricity and Water Regulatory Commission (SLEWRC) has, approved a new uniform factory price for the sale of bundles of sachet water after conducting a cost of service study. The Commission estimates that the average cost of production of a bundle of sachet water is between SLL3500 and SLL4000, according to the Director-General, Emmanuel Mannah. …

His Excellency Sadiq Silla, Ambassador of the Republic of Sierra Leone to the Arab Republic of Egypt paid a courtesy call on the Minister of Civil Aviation, Pilot Mohamed Manar Anba, on Monday, 16 May, 2022 at the offices of the Ministry of Civil Aviation in Cairo to discuss resuming flights to Sierra Leone as part of growing bilateral cooperation. …

His Excellency President Dr Julius Maada Bio has commissioned a $22 million All Petroleum Product (SL) Ltd, APP, facility east of Freetown, and said it will add value and boost the mainstream sector of the petroleum industry in the country. APP SL Limited is a Sierra Leone based and pan-African owned energy company involved in the importation, marketing and distribution …

Standard Chartered Plc is planning to exit its operations in seven countries in Africa and the Middle East as the lender looks to focus attention on the region’s largest and fastest growing markets including Saudi Arabia and Egypt. The lender said in a statement Thursday that it will no longer have a presence in Angola, Cameroon, Gambia, Jordan, Lebanon, Sierra …

After an independent investigation was conducted by the ACC (Anti Corruption Commission) into reports that the Sierra Leone Correctional Services had refused to pay Misheal Kay Construction and General Supplies for the supply of rice for Officers and Inmates, the Commission has concluded that the Correctional Services owes Misheal Kay Construction and General Supplies an outstanding balance of Le1,191,594,920. The …

Sierra Leone will shortly replace its present currency with new Leone notes and cents. The Sierra Leone Commercial Bank, now led by Yusufu Abdul Silla, is spearheading the charge in educating the people about the new Leones and cents-based currency. SLCB has put up displays of the new notes and cents at all of its branches and other outlets around …

By Jonathan Hindolo Kurabu. The First Lady Madam Fatima Bio accompanied by her husband and a host of Cabinet Ministers, has commissioned a newly constructed building for Meat Sellers along the Bo/Koribondo Highway. The Meat Sellers building was constructed single handedly by Brima Baluwa Koroma, Executive Director, Petroleum Regulatory Agency. In his opening statement, Brima Baluwa Koroma said he pitied …

Members of the Civil Society Consortium on Community Accountability and Service Delivery have supported the National Revenue Authority (NRA) for the recent introduction of the Electronic Cash Register (ERC), which is mainly for business people whose turnover is one hundred million Leones and above. The introduction of the new system has caused public outcry, especially among business people who feel …

By Mohamed Fofanah. The Commissioner-General of the National Revenue Authority (NRA) yesterday clarified that the electronic cash register (ECR) machines are “not added taxes” but “mere calculators” installed in every registered GST business to invoice and record all transactions. The tax itself according to Dr Samuel S. Jibao was introduced in 2009-he GST Act enacted by Members of Parliament to …

By Haja Adama Kamara. Ecobank Sierra Leone and Afrimoney yesterday officially launched the ‘Push & Pull Service (Bank to Wallet, Wallet to Bank) service at the Ecobank head office at 7, Lightfoot Boston Street, Freetown Speaking during the launching, Augustine Sankoh, the head of customer experience at Ecobank, said they are excited to have everyone that graced the occasion in …