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Lungi murder trial adjourned for lack of witness

By Hassan G. Koroma The presiding magistrate at the Freetown Magistrates Court No.2, Komba Kamanda yesterday adjourned the preliminary investigation into the Lungi murder to 15 May…

Piracy on the increase in Salone

By Samuel Ben Turay Deputy Secretary-General of the Sierra Leone Cassette Sellers Association has told Concord Times that the act of piracy has considerably increased in the…

AFFORD-SL launches GROW Network today

The African Foundation for Development Sierra Leone (AFFORD-SL) will today launch Sierra Leone’s first ever National Business Development Support Network called the GROW (Generating Real Opportunities for…

Peace returns to Gbanti Kamaranka chiefdom

Makulon section in the Gbanti Kamaranka chiefdom, Bombali district, Northern Sierra Leone has 10 villages. Two of the villages – Makulon and Gbintimaria – according to their…

Heavy storm renders 300 homeless in Kono

By Mohamed Massaquoi in Kono Some 300 residents have been rendered homeless after heavy storm unroofed over 50 houses in three chiefdoms in Kono district, eastern province…

US$7m cash transfer for poorest communities By Ibrahim Tarawallie Minister of Finance and Economic Development, Dr. Kaifala Marah, yesterday disclosed that an agreement with the World Bank will make available direct cash transfers to poorest communities in four districts, totaling US$7million. Briefing newsmen on the outcome of the recently concluded spring meetings in Washington D.C. with the management and staff of the Bank, the International Monetary Fund (IMF), and the African Development Bank, Dr. Marah said that the Social Safety Nets grants will be managed by the National Commission for Social Action (NaCSA) in Bombali and Kono districts, among others, adding, “About 10,000 people will benefit from this agreement.” He maintained that during meetings with the World Bank, they confirmed the appropriateness of six (6) areas, including capacity building for the Ministry of Transport and Aviation, public transportation (Ferries and water buses), and technical support to the National Commission for Privatization (NCP), and the Bank’s assured support through ongoing and planned operations. According to the Finance Minister, the Bank agreed to provide the necessary funding for the provision of new ferries to ensure that the problem of transportation across Lungi become a thing of the past. Dr. Marah explained that during a meeting with the IMF, the issue of sovereign credit rating was thoroughly discussed and that the country is engaging international rating agencies to conduct a sovereign rating to enable it borrow from international capital markets at lower costs. “To ensure the country is rated, the Standard Chartered Bank has been contacted to provide the necessary advises,” he said. “The first review of the Extended Credit Facility Programme supported by the IMF shows that all quantitative performance criteria for end of December 2013 were met and all structural benchmarks programmed for end-December were observed by the government.” He opined that there is a stable macroeconomic environment characterized by double digit economic growth, single digit inflation, low interest rates, stable exchange rates and improved revenue performance, as well as trade surplus, due to high exports and sustainable external debt. He ended up by stating that the British Department for International Development (DFID) is generally pleased with the country’s progress in fiscal consolidation and macroeconomic stabilization, the commitment to good governance, as well as new focus on inclusive growth.

By Ibrahim Tarawallie Minister of Finance and Economic Development, Dr. Kaifala Marah, yesterday disclosed that an agreement with the World Bank will make available direct cash transfers…

As prosecution witness testifies…

Full trial hearing begins at court martial By Alusine Sesay The full trial of 14 alleged mutinous soldiers commenced yesterday after several enforced adjournments, with the testimony…

SLPP condemns Alie Bangura’s press statement

By Hassan G. Koroma The Sierra Leone People’s Party (SLPP) has in a press release condemned a press statement issued by Ambassador Alie Bangura, describing it as…

‘Women at the Wheel’ project launched in Freetown

By Regina Pratt It is no longer a secret that women are also doing jobs their male counterparts do, as was showcased last Friday at State House…

Sierra Leone Bottling Company celebrates with winners

By Regina Pratt Senior members of the Sierra Leone Bottling Company last Friday celebrated with the first set of winners of ‘Under the Cock’ promotion at the…