economy

economy

Parliament Approves NLe27 Billion Budget for 2026

Parliament Approves NLe27 Billion Budget for 2026

Africa-Press - Sierra-Leone. The Parliament of the Republic of Sierra Leone has on Friday, December 19, 2025, passed into law the 2026 Appropriation Act,...
Union Trust Bank Shareholders Challenge RCBank Takeover

Union Trust Bank Shareholders Challenge RCBank Takeover

Africa-Press - Sierra-Leone. Shareholders of Union Trust Bank (UTB) have formally petitioned the Bank of Sierra Leone (BSL), requesting an immediate suspension of the...
President Bio Launches TAF Salone Micro-City Housing

President Bio Launches TAF Salone Micro-City Housing

Africa-Press - Sierra-Leone. Sierra Leone’s President, Dr. Julius Maada Bio has officially launched the first phase of the TAF Salone Micro-City project in John...
Salwaco Director Inspects Blama-Bandawor Water Project

Salwaco Director Inspects Blama-Bandawor Water Project

Africa-Press - Sierra-Leone. The Managing Director of the Sierra Leone Water Company (SALWACO), Ing. Tiideni Hawa Jabbi, has conducted an inspection tour of the...
Salwaco Transfers Lot 3 of Kenema Water Project

Salwaco Transfers Lot 3 of Kenema Water Project

Africa-Press - Sierra-Leone. The Sierra Leone Water Company (SALWACO), under the supervision of the Ministry of Water Resources and Sanitation, has officially handed over...
Bank of Sierra Leone Lowers Monetary Policy Rate

Bank of Sierra Leone Lowers Monetary Policy Rate

Africa-Press - Sierra-Leone. The Monetary Policy Committee (MPC) of the Bank of Sierra Leone (BSL) has reduced the country’s Monetary Policy Rate (MPR) by...
UK Cuts Sierra Leone Funding from £35 Million to £1 Million

UK Cuts Sierra Leone Funding from £35 Million to £1 Million

Africa-Press - Sierra-Leone. The United Kingdom has drastically reduced its development assistance to Sierra Leone, effectively eliminating nearly all bilateral aid, including a major...
Container Truck Drivers End Strike After SLPHA Intervention

Container Truck Drivers End Strike After SLPHA Intervention

Africa-Press - Sierra-Leone. Operations at the Freetown Port have resumed following the successful resolution of an industrial strike action by members of the Sierra...
World Bank Executive Director Visits Sierra Leone

World Bank Executive Director Visits Sierra Leone

Africa-Press - Sierra-Leone. Dr. Zarau Kibwe, the World Bank’s Executive Director representing twenty-two African countries, including Sierra Leone, has concluded a two-day official visit...
Sierra Leone Secures $79.8 Million from IMF for Economy

Sierra Leone Secures $79.8 Million from IMF for Economy

Africa-Press - Sierra-Leone. Sierra Leone has received a crucial financial boost from the International Monetary Fund (IMF), with the approval of an immediate disbursement...