Sierra Leone's Central Bank has informed the public that it has raised its benchmark lending rate to 18.75 per cent after reviewing recent macroeconomic and financial developments in the global and domestic...
The Bank of Sierra Leone (BSL) has in their recent Monetary Policy Statement (MPS) warned that inflation will continue to rise in the country. The Central Bank said that the inflation rate is expected...
The Acting Bank Governor of Bank of Sierra Leone, Dr. Ibrahim Stevens has given assurance to fix the country’s ailing economy. According to journalist Amadu Lamrana Bah, Dr. Stevens said he will put...
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...
