Mardi 23 Mai 2017
(Africa Review 08/07/13)
Sierra Leonean President Ernest Bai Koroma prepares to meet with Chinese President Xi Jinping at the Great Hall of the People in Beijing on June 26, 2013. Sierra Leone has seen billions of dollars in foreign investment due to its mineral wealth but the country's Stock Exchange continues to struggle. Sierra Leone`s bourse, seen as slumbering ten years after it opened its doors, looks to have been fired up by the introduction of the first western style investment firm. JP Anderson SL (Ltd), which last week graduated 21 business advisors to serve as stockbrokers, becomes the third investment banking institution in the country. Sierra Leone`s capital market has grown, buoyed by foreign investment mainly in its mineral sector. But this...
(Reuters (Eng) 07/07/13)
America's wealthiest universities are venturing into Africa's fast-growing frontier markets in search of outsized investment returns that will allow them to offer scholarships, lure star professors and fund research. For Sub-Saharan Africa, recognition from these deep-pocketed U.S. institutions, who have often earned envy among fellow global investors for their strong returns, marks a significant shift. American university endowments - permanent funds of educational institutions - pride themselves on spotting new investment opportunities early, such as venture capital, private equity and natural resources such as timber. Combined, they manage assets of over $400 billion. A study of 831 endowments by the Commonfund Institute and the National Association of College and University Business Officers published this year showed their annual net returns...
(The Associated Press 06/07/13)
There was no official update Saturday morning on the condition of the 94-year-old former president, who is in critical but stable condition after being diagnosed with a recurring lung infection. He was taken to a hospital in Pretoria, the capital, on June 8. The government has said Mandela is not in a vegetative state, contrary to recent court documents. A close friend told Sky News that the anti-apartheid leader was conscious and responsive earlier this week. There has been an outpouring of concern in South Africa and around the world for Mandela, a transformative figure who led the tense shift from white rule to democracy two decades ago in a spirit of reconciliation.
(Newstime Africa 03/07/13)
Sierra Leone is progressing towards becoming an investment hub in Africa. The country’s leadership has ensured a climate of security and stability that has attracted companies from the UK, China, the UAE and even other African countries. Since Ernest Bai Koroma assumed the leadership of Sierra Leone, he has made it his priority to put his country on the path from aid dependency to a dynamic, self-sustaining economy that focuses on investment and reform in the key strategic sectors which are most critical to unlocking the full productive potential of the country’s economy. Sierra Leone is now one of the top five countries in Sub-Saharan Africa when it comes to investor protection and the ease of starting a business. The...
(Awareness Times 01/07/13)
The Parliamentary Oversight Committee on Information and Communication headed by Hon. Binneh Bangura on Thursday 27th June 2013 summoned Airtel mobile company over issues relating to the poor data and voice services provided by the company in recent months. Hon. Bangura revealed that the aim of the meeting was for the Committee to hold discussions with the Airtel with regards to persistent complaints emanating from its subscribers over poor quality service delivery. During the session, Airtel was asked to furnish the committee with the company’s certificate of registration, evidence of payment of the National Social Security and Insurance Trust and National Revenue Authority. Hon. Binneh told Airtel that they were in parliament to serve the public which voted for them,...
(Awoko 01/07/13)
Flood Vehicular and human movements were completely impeded past Friday, when a one hour thirty minutes rain flooded drainages and the entire Kissy Road in the East End of Freetown. Kissy Road; the busiest and possibly the most used city road to access the east end of Freetown, and out of the city to the provinces, hosts so many other access routes, especially for the mountain communities. These communities have over the years been a safe haven for land squatters, who, in the process of building their shacks, take no cognizance of possible erosion as a result of serious land depletion in those communities. However, according to Mustapha Mansaray, one of the tenants residing in one of the shacks erected...
(Awoko 14/06/13)
Civil Society Organizations operating in Sierra Leone have condemned what the claim is the police persistent use of live arms and their heavy-handedness against civilians in coiling down unarmed protests and demonstrations. This was highlighted in a communiqué handed over to Minister of Information and Communications, Alhaji Alpha Kanu in which they also proffered suggestions and recommendations on to address the menace. In his statement before officially handing over the document to Minister Kanu who represented the President, CSO representative, Paul Koroma, noted that the communiqué contains a number of issues that need to be brought to the attention of the President in a bid to foster good governance, democracy and the rule of law. Paul Koroma noted that the...
(Awareness Times 12/06/13)
His Royal Highness (HRH) Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud of Saudi Arabia, the richest Arab in the world, was on Monday 10th June 2013 effusive in his praises of His Excellency the President Dr. Ernest Bai Koroma of Sierra Leone as the Prince announced a spontaneous donation of one million dollars each to Sierra Leone’s Free Health Care Initiative for Pregnant and Lactating Women and one million dollars to the country’s Youth Employment Initiative. According to the Prince, he could tell during his private, closed-door discussions with President Koroma that his greatest concerns were for the women and youths of Sierra Leone. This is why the Prince made the unexpected and unscheduled announcement of the multi-million dollars donation...
(The Associated Press 11/06/13)
JOHANNESBURG — The desk is spotless and books neatly line the shelves in Nelson Mandela's office at a Johannesburg-based foundation that carries his name, but the former South African president and anti-apartheid leader hasn't worked there for years. The meticulously preserved room is one of many tributes to the legacy of a former prisoner who became so revered for his efforts to reconcile a racially divided nation that many South Africans cannot bring themselves to speak openly about the possibility of his death. That reluctance is gradually eroding as the 94-year-old receives treatment for a recurring lung infection, spending a fourth day in a Pretoria hospital on Tuesday. President Jacob Zuma called Mandela's condition "very serious" but said he has...
(AFP (eng) 11/06/13)
JOHANNESBURG, June 11, 2013 (AFP) - Nelson Mandela was spending his fourth day in hospital Tuesday where he was being treated in intensive care for a lung infection. The 94-year-old former president was rushed to a Pretoria hospital early Saturday and was said to be in serious but stable condition. His latest health scare has been met with prayers and a growing acceptance among South Africans that their hero may be nearing the end of his life. "He is receiving intensive care treatment," presidential spokesman Mac Maharaj, who served jail time with Mandela, told AFP on Monday. He "remains in hospital, and his condition is unchanged," the presidency said after describing him as being in a "serious but stable" condition...
(Reuters (Eng) 04/06/13)
FREETOWN (Reuters) - A vaccination provider set up with money from the Bill and Melinda Gates Foundation has put on hold some $6 million earmarked for Sierra Leone after an audit showed misuse of previous funds, a document seen by Reuters showed. The leaked letter from the GAVI Alliance dated November 15 2012 and addressed to Sierra Leone's health minister says an in-depth audit revealed "serious concerns of misuse of GAVI funds" totaling $1,099,640. The GAVI Alliance, which aims to improve access to immunization in the world's poorest countries, was launched in 2000 with a $750 million grant from the Bill and Melinda Gates Foundation. It has disbursed more than $27 million to Sierra Leone's government since 2001. Sierra Leone's...
(The Patriotic Vanguard 21/05/13)
The recent rancorous confrontation between South African miners and the reckless Police officers in the American Platinum Mining Complex in Rustenburg Marikan mine sent shock waves and disseminated animosity among locals as well as condemnation across the international community when the Platinum industrial dispute was viciously settled by the used of arms and ammunitions against miners who legitimately demanded better work conditions. Some of the mine workers were shot dead in broad day light just because they tried to exercise their basic employment rights. The cruel and pernicious act was a clear contravention of international labour laws and the Universal Declaration of Human Rights enshrined in South Africa’s Laws. Given the appalling method applied to settle an industrial dispute in...
(Awareness Times 20/05/13)
His Excellency Dr Ernest Bai Koroma has confidently told the people of Magburaka that their township is on the rise. “Magburaka is rising again with paved roads, solar-lit streets. Magburaka is rising again, with employment opportunities opening up for its inhabitants; Magburaka is rising again, with renewed zeal, faith and action. And with the rise of this town, our school, the Government Secondary School Magburaka, will continue to sustain its heritage of producing sterling leaders for all fields of endeavours in our country”, he said. The president made this statement on the occasion of the 63rd Annual Speech Day, Award and Prize-Giving ceremony of the Magburaka Secondary School for Boys on Friday 17th May, 2013. President Koroma said that Magburaka...
(Reuters (Eng) 26/04/13)
Africa's brisk economic growth over the past decade has been consumer driven, a much-hyped trend that masks the uncomfortable fact that the region remains far too reliant on commodities. Sub-Saharan Africa's growth has been second only to Asia and cracked along at 5.8 percent last year, according to a World Bank estimate, if South Africa, the continent's biggest economy, is excluded. About two-thirds of growth in the past decade has been driven by domestic demand, which has been stoked by a number of factors including the continent's fast-growing and young population. Consumption has had multiplier effects into a range of services including banking and finance. Yet unlike in Asia, Africa's consumer boom has been financed mostly by income generated from...
(Google News 26/02/13)
The President of the ECOWAS Commission, His Excellency Kadré Désiré Ouédraogo has congratulated Sierra Leoneans for their commitment to democracy as demonstrated by the first post-war elections which was peaceful, transparent and credible elections and resulted in the re-election of President Dr. Ernest Bai Koroma. Speaking to journalists in Freetown at the official inauguration of President Koroma in Freetown on Friday 22nd February 2013, President Ouédraogo said that by their peaceful and commendable conducts during the November 2012 polls conducted by Sierra Leoneans themselves after a decade of devastating civil war, the citizens had showed a strong determination to ensure that democracy is entrenched in their country. He also congratulated President Koroma describing his re-election as a renewal of confidence...

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