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Chinese Embassy donates Le70M & four bikes towards continued Ebola Fights

BY SAHR DUMBAR MATTURI The Chinese Embassy in continuation of their support on behalf of the People’s Republic of China to the people of Sierra Leone has on Thursday the…

Ebola fear factor threatens to dampen African business buzz

From Accra to Windhoek, fear of the Ebola epidemic is provoking a wave of cancellations of businesses and investments events across Africa, and threatening to taint the continent’s hard-won image…

BANK GOVERNOR & FINANCIAL SECRETARY

…Lebanese Blackmails for 30-Yr Debt Whether it is out of financial frustration or desperation to intimidate and cow the current political administration to succumb to his financial demand in the…

Nigeria: Diamond Bank issues USD200m notes at 9.0%

Diamond Bank issues debut USD Eurobond. Yesterday (14 May), Diamond Bank sold USD200m in 5-y unsubordinated unsecured Eurobonds which pay a coupon of 8.75%. The yield at inception was 9.0%…

ROKEL BANK DIRECTOR DISMISSED

…impropriety, negligence and fraud Last Friday trashed the widest speculations of supporters of the Managing Director of the Rokel Commercial Bank to rest. After active lobbying and knocking on doors…

Land campaigners criticise World Bank doing business and benchmarking of the business of Agriculture in Africa

There is abundant evidence of how the Doing Business ranking has favored land grabbing. For example, Liberia implemented 39 reforms to ease business between 2008 and 2013 and as a…

Guaranty Trust Bank Victimized in Le 2.5Bn Racket

The financial arrangement between the Guaranty Trust Bank and the Sierra Leone Roads Authority was considered a viable venture prior to its implementation. The initiative was welcome when it was…

“Conduct of affairs at Sierra Leone Commercial: Bank ubiquitous and unsavoury”

Sierra Leone’s crème-de-la crème Bank-The Sierra Leone Commercial Bank, to put mildly is seemingly becoming an embarrassment in the Banking Sector in this country. When the Bank was set up…

Finda Koroma vs Philip Neville & co: Thirty Million damages awarded to complainant

The Defendants shall, jointly and severally pay to the Plaintiff Damages in the sum of Le30 million…

ECONOMIC CRIME HITS NRA

…ECOBANK TO PROSECUTE FRAUDSTERS A Company called Magsoms operated by a married couple, husband and wife with Account at the Ecobank (SL) Ltd is where the wife Mrs. Catherine Karta…