Whilst the poor handling of the economy occasioned by his failed policy to redenominate the national currency may have been a major factor for the Bank Governor’s dismissal, our usually reliable sources...
When I read a book titled “No News is Bad News” 2001 edition by Michael Bromley of the Tom Hopkinson Centre for Media Research at Cardiff University, I learnt that even the news of Professor Kallon’s...
Governor, Bank of Sierra Leone, Professor Kelfala Kallon has reportedly been sent on indefinite leave. According to Sierra Eye Salone, Dr Ibrahim Stevens, the substantive Deputy Governor to act as...
The Bank of Sierra Leone has announced that the transition period wherein Old Leones (The Pre-Redenomination Notes and Coins) shall continue to be legal tender in Sierra Leone has been extended to 31st...
The United Bank of Africa (UBA) Sierra Leone has appointed Mohamed Alhajie Samoura as their first Sierra Leonean Managing Director and Chief Executive Officer (CEO), since they started operations in the...
All Commercial Banks in Sierra Leone have been directed to start paying 1% of cash withdrawals in coins. This revelation is made in a letter sent to the the Chief Executives /Managing Directors of Commercial...
Sierra Leone’s central bank became the first in Africa and second globally after Israel to raise interest rates this year, according to Bloomberg. Bloomberg noted that the rate is hiked by 125 basis...
The Bank of Sierra Leone has confirmed in a letter addressed to various financial institutions on the use of National Identity Number as a unique identifier for credit reference. The letter which was...
An investigation by Africanist Press has uncovered that Sierra Leonean officials paid at least US$5 million to cyber intelligence groups, including the Israeli-based Cognyte Technologies Limited for cyber...
Bank of Sierra Leone raised its benchmark interest rate by 100 basis points to 17% to curb price pressures in the West African economy and provide cushion for the local currency. “Inflationary pressures...
