A new report by the Center for Africa Financial Inclusion and Advancement (CAFIA) has revealed that more than one in three small businesses in Freetown operate without a bank account, underscoring persistent...
Sierra Leone’s Minister of Finance, Sheku Ahmed Fantamadi Bangura, is leading a high-level delegation to the 2026 Spring Meetings of the International Monetary Fund and World Bank Group in Washington,...
The Bank of Sierra Leone has kept its Monetary Policy Rate (MPR) unchanged at 16.75 percent, citing rising inflation and growing external risks from the ongoing United States-Israel-Iran war, while noting...
The government of Sierra Leone is set to drastically cut its government foreign exchange (FX) spending to halt the rapid depletion of its international reserves, as part of new austerity measures backed...
The Human Rights Commission of Sierra Leone (HRCSL) has called on the government to approve its proposed annual one-off budget disbursement at the start of each year, a move aimed at enhancing the Commission’s...
The Sierra Leone Parliament has approved 11 presidential Nominees for key development roles. The approvals were made on Friday, December 19. The Fifth Report of the Committee on Appointments and the...
The Monetary Policy Committee (MPC) of the Bank of Sierra Leone (BSL) has reduced the country’s Monetary Policy Rate (MPR) by two percentage points to 16.75 percent, citing easing inflationary pressures...
Shareholders of Union Trust Bank (UTB) have formally petitioned the Bank of Sierra Leone (BSL), requesting an immediate suspension of the central bank's decision to place UTB under a caretaker management...
Opposition politician and former Governor of the Bank of Sierra Leone, Dr. Samura Kamara has raised concerns regarding the central bank's decision to place Union Trust Bank (UTB) in resolution less than...
Rokel Commercial Bank (RC Bank) is set to take over the management of Union Trust Bank (UTB) after the latter was placed under resolution by the Bank of Sierra Leone (BSL), the central bank announced on...
