Consumers in Sierra Leone should brace for an increase in cement prices starting January 2026, following Parliament’s ratification of the Finance Bill 2026 which restores the excise duty on cement. The...
The Ministry of Finance has implemented a 20% import duty on all cement entering Sierra Leone, a move aimed at stabilizing the commodity's fluctuating prices. The new duty applies to both bagged and...
The government of Sierra Leone, through the Ministry of Trade and Industry, has announced a new pricing formula for cement, aimed at stabilizing the market and addressing public concerns over recent price...
Chief Minister David Sengeh stated that the next step is implementing a pricing formula for cement importers, following similar measures for telcos, OMCs, and rice importers. Sengeh took to social media...
The demand for cement and iron rod have increased tremendously in Sierra Leone due to the massive construction work undertaken by Sierra Leoneans and foreign nationals. Due to such demand, importers...
Following President Dr Julius Maada Bio's decision to grant his Presidential Assent to the Finance Act 2022, import duty on cement and iron rod has been reduced from 20% to 10% and from 10% to 5% respectively....
Trade Ministry officials moved swiftly on Monday to temporarily shut down MACCEM, the cement factory owned by Ahmed Mackie who also is the Romanian Consul in Sierra Leone. The action to shut down the...
