The Government of Sierra Leone spent a remarkable Le4.75 billion on road rehabilitation in 2023, making it the largest single procurement category for the year despite only 58 procurement actions. This...
A while ago, I was swiping through WhatsApp statuses on my phone, and I came across a particular status that read, “Sierra Leoneans are paid in Leones but made to pay for goods and services in the equivalent...
The Bank of Sierra Leone (BSL) announced today, March 28th, 2024, that commercial banks will no longer accept old Leone notes for exchange with the redenominated currency (New Leone) starting April 1st,...
The Bank of Sierra Leone has on the 2nd of October 2023 released the official foreign exchange rate in the country. The rates include the cost of buying and selling major foreign currencies including...
A recent survey carried out by the Institute for Governance Reforms (IGR) has found out that 87 percent of Sierra Leoneans are worried over the state of their country’s economy. The survey proved that...
Sierra Leone Chief Minister David Moinina Sengeh has given hope to citizens due to the present economic situation in the country. Sengeh made his assurance in a post on Twitter, Saturday 29th July 2023. He...
The Bank of Sierra Leone have indicated their intention to institute strict measures against recurrence of inflation. Sierra Leone recorded rising inflation and dwindling in value of its local currency...
The Bank of Sierra Leone attributed the appreciation of the Leones as against other foreign currencies to election-related activities and dwindling of the demand for foreign currency. The Central Bank,...
Sierra Leoneans were left bemused several days ago after the US Dollars for the first time in more than a year plummeted against their local currency, Leones. According to Exchange Rate Guru, the 100...
In a recently surfaced video that has gained traction on social media platforms, a man voiced his profound concerns about the deteriorating economic conditions in Sierra Leone. Specifically, he highlighted...
