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Business
Why Parastatals should be Socially Responsible: the Case of NRA PDF Print E-mail
Business
Written by Ann Marie Dumbuya   
Friday, 10 February 2017 14:30

In Sierra Leone, the notion of corporate social responsibility has always been associated with the private sector. No wonder some people see the active involvement of the National Revenue Authority (NRA) in corporate social activities as strange, and many have opined that a tax collecting body should not be engaged in corporate social responsibility activities.

However, the impact of corporate social responsibility (CSR) on corporate image is immense, even for tax collecting bodies. The perception that tax collectors are monsters vigorously bent on collecting people's earnings with no care for the environment or the vulnerable in the community they operate is evolving. Indeed, many revenue authorities in Africa are today socially responsible.

The Zimbabwe Revenue Authority (ZIMRA) in an article in its website argues that "the nature of Revenue Collectors' mandate makes them the hill of the nation such that whatever they do is mirrored and echoed by many".

Read more...
 
Wilkinson Hill Mining Company Pays Le.130 Millions For Community Development PDF Print E-mail
Business
Written by Expotimes   
Wednesday, 08 February 2017 12:19

KAMAKWIE, Sierra Leone, 6th February 2017-AMR Gold’s subsidiary company, Wilkinson Hill Mining Company (WHMC) has made a payment of one hundred and thirty million Leones ($20,000), to the people of Sella Limba Chiefdom in Bombali District to boost up sustainable community development.

The payment was made on Thursday, 1st December 2016 at the Kathanta Primary School hall, in tandem with the company’s commitment to support the local communities through its cooperate social responsibility programs. The company had signed a Community Development Agreement, with landowning families and chiefdom stakeholders to allocate $10,000 for various development projects and $10,000for Educational support projects.

To further allow equitable management and total ownership of the funds by the communities, AMR Gold encouraged the landowners to open a bank account at the local Community Bank in Kamakwie where the funds have been deposited. This initiative has been described by the Chiefdom stakeholders as “bringing development directly to their door steps.”

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IMF Managing Director Christine Lagarde Appoints Abebe Aemro Selassie as Director of the IMF’s African Department PDF Print E-mail
Business
Written by Press Release No. 16/409 FOR IMMEDIATE RELEASE September 15, 2016   
Thursday, 15 September 2016 18:52

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today announced her intention to appoint Abebe Aemro Selassie as Director of the IMF’s African Department. Mr. Selassie succeeds Antoinette Sayeh whose departure was announced previously. He is expected to begin his work in this capacity on September 19, 2016.

“Abe brings a profound understanding of the challenges facing Africa, having worked closely with policymakers from across the region for much of his career. His proven ability to provide intellectual leadership, track record of building collaborative relationships, analytical depth, and warm collegiality make him ideally placed to lead the IMF’s work with our membership in sub-Saharan Africa. Having had the opportunity to work with Abe over the last five years, I have been struck by his sound judgement, integrity, and commitment to teamwork,” Ms. Lagarde said.

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NRA Gbalamuya Customs Post making progress amidst challenges PDF Print E-mail
Business
Written by Contact Tracer   
Thursday, 18 August 2016 06:03

The National Revenue Authority under the current leadership of the hardworking Commissioner General, Haja Kallah Kamara was established through an Act of Parliament, the NRA Act of 2002 with core mandate of assessing and collecting revenues on behalf of the government. It is also tasked with an addition responsibility, which is to facilitate trade, border control and management. Report states that this is why the revenue collection body modernized procedures and processes over the years in order to enhance effectiveness and efficiency in revenue collection.

Since the opening of the Gbalamuya Joint Border Post in 2012 and the establishment of the Automated System for Customs Data (ASYCUDA) in 2014, it has enabled customs officials of Guinea and Sierra Leone to operate under one roof and has significantly reduced the burden and time to transport goods. 

Investigations conducted by the press states that the Gbalamuya Customs Post has contributed immensely over the years in raising trillions of Leones for the government.

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Is South Africa Worthy of Your Investment? PDF Print E-mail
Business
Written by Martha Chauke   
Thursday, 11 August 2016 00:47

Developing countries like South Africa need FDI (Foreign direct investment). They are investments in a business by an investor from another country for which the foreign investor has control over the company purchased. The Organization of Economic Cooperation and Development (OECD) defines control as owning 10% or more of the business. Increased FDI in developing countries contributes to the country’s economic development because of external capital and increased revenue. Helping developing countries create employment opportunities for its citizens, invest in local skills development and new local industries.

The developing government is able to use the capital infusion and tax revenue generated from FDI for economic growth by improving the physical and economical infrastructure of the country. Such as building roads, educational institutions, developing transport and communication systems and also subsidising the creation of domestic industries. Making it possible for all citizens to benefit from the FDI. Besides from the monetary aspect, FDI affords developing countries a learning experience which in turn leads to other growth paths. 

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Editorial

2016 Global Peace Conference to be held in Freetown---as IPRA 50th Birthday confab ends in Istanbul

 

The 26th biennal conference of the Internatonal Peace Research Association (IPRA) is billed to take place in  Freetown, Sierra Leone in November 2016, marking the second time Africa has hosted the conference since the founding of IPRA in 1964. This was announced following the re-election of  the two IPRA Secretaries-general, Dr Ibrahim Seaga Shaw (pictured) and Dr Nesrin Kenar, who co-ordinated the 25th  IPRA conference in Turkey,  at the organisation’s administrative meeting on August 14 during the 25th  IPRA  conference in Istanbul  to serve a second term of two years.

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Business News

Why Parastatals should be Socially Responsible: the Case of NRA

In Sierra Leone, the notion of corporate social responsibility has always been associated with the private sector. No wonder some people see the active involvement of the National Revenue Authority (NRA) in corporate social activities as strange, and many have opined that a tax collecting body should not be engaged in corporate social responsibility activities.

However, the impact of corporate social responsibility (CSR) on corporate image is immense, even for tax collecting bodies. The perception that tax collectors are monsters vigorously bent on collecting people's earnings with no care for the environment or the vulnerable in the community they operate is evolving. Indeed, many revenue authorities in Africa are today socially responsible.

The Zimbabwe Revenue Authority (ZIMRA) in an article in its website argues that "the nature of Revenue Collectors' mandate makes them the hill of the nation such that whatever they do is mirrored and echoed by many".

Read more...

Media News

Press Freedom under Siege in West Africa: 30 Media Workers Arrested in 38 Days

The 30 victims, made up of 15 journalists and 15 media technicians, were arrested, detained and/or assaulted in 10 separate incidents in four countries namely Nigeria, Cote d’Ivoire, Guinea and Togo. Nigeria recorded six incidents, Cote d’Ivoire recorded two incidents while Guinea and Togo recorded an incident each.

In Nigeria, seven journalists were arrested and detained during the period. In Cote d’Ivoire, six journalists were arrested and detained in a single incident while one journalist each was affected in Guinea and Togo, bringing the total number of journalists affected to 15. In respect of the other media workers, nine staff of a newspaper printing firm were arrested in single incident. In Cote d’Ivoire, six technicians working with the state-owned television station were also arrested in a single incident.

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Commentary

Dr. David Tam-Baryoh: A New Broom in Sierra Leone Politics

Dr. David Tam-Baryoh is a household name in Sierra Leone, mostly because of his“Good Governance” popular radio programme called monologue. In fact the programme has become sopopular that most people prefer to call the presenter “Mr. Monologue”. Recently Mr. Monologue said in two or three of his programmes that he would be going intopolitics. It looked like a joke the first time he said it. But after saying it over threeor four times it is no longer a joke.

So Dr. David Tam-Baryoh is going into politics in 2018. Those who are very closeto him will tell you that this is a fact. The Doctor has made up his mind. Afterdiscussing and editing serious national issues on newspaper pages and on the airwaves for almost twenty five years, hehas decided that he cannot achieve much for the people behind the microphone and the pen. He now wants toengage into something that will make a direct impact on the lives of Sierra Leoneans.

And the Doctor thinks politics is the best way to do this, if we look at politics as“the authoritative allocation of scarce resources within a nation state.” He wants tobe part of the allocation of Sierra Leone’s scarce resources.

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View Point

Precious Minerals, Public Trust and Government’s Openness

By late 2001, the Anti Corruption Commission arrested then Sierra Leone's  transport and communications minister, together with his wife, “for involvement in illegal diamond mining” in Kenema district.  Large quantum of illicit diamonds had been found in their possession, according to a BBC report at the time.

With some diamonds said to have been smuggled out of the country by the minister, the incident happened at a time when the rebel war was raging and the key perpetrators- the RUF were also seriously involved in illicit mining and smuggling. The minister was later jailed in 2003 for two years for illegal possession of diamonds.

Amongst other factors, Sierra Leone’s civil war was fuelled mainly by diamond, specifically “conflict diamonds”- those diamonds that originated from territories controlled by rebel forces (UN definition).

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News - Press Release

LAB resolves dispute over property in Kissy

The Legal Aid Board’s Alternative Dispute Resolution on Tuesday, 7 March 2017 resolved a long standing dispute in respect of a property on Newcastle Street, in Kissy, Freetown between one Mr. Solomon Samba Mansaray and his seventy-seven year old elder sister Madam Marian Kamara who is in the country on holiday from the United States of America.

The two who had not been on speaking terms were reconciled. Both promised to work together in the interest of peace in the family. In this vein, Madam Marian Kamara agreed to cancel a U$ 400 debt owed by Mr. Mansaray. 

While the tension between the two had been lingering several years,Mr. Mansaray decided to report the matter to the Board in Freetown when he got information that Madam Marian Kamara was planning to sell theproperty.   The owner of the property who is the sister of both parties had died over a decade ago without leaving a will.

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Society -Local News

LAB secures discharge of ‘violent’ youth

As the Legal Aid Board prepares to provide legal assistance to indigents and children engaged in election related violence, it has successfully secured the discharge of a twenty-five old from Wilberforce in the West of Freetown charged with violence.

The Legal Aid Defence Counsel Hadiru Daboh secured the discharge after drawing the court’s attention to the failure of the complainant to attend court sittings for seven consecutive adjournments. What’s more, the complainant has not furnished the court with any reasons for his absence. Magistrate I.S. Bangura agreed with the Defence Counsel and discharged the matter. He noted that discharge would not stop the prosecution from reinstating the matter in future.

The accused, Alpha Kanuwho plied his trade as driver and apprentice at the Wilberforce lorry park got involved in a fight with his boss Michael Aruna in February 2017. He was arrested and taken to the Congo Cross Police station following a complaint by his boss. According to Alpha Kanu, his injuries were ignored by the police even though they were more serious. He spent fifteen days at the Congo police station before the matter was charged to court.

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Development

U.S. Africa Command Launches a 33-Nation Maritime Exercise: Sierra Leone Maritime “Full Speed Ahead”

During March 23-31, the U.S. Africa Command (AFRICOM) issponsoring “Obangame Express”, an in-port Command Post exerciseand at-sea maritime exercise designed to enhance maritime security in the Gulf of Guinea.The exercise includes 33 partner nations, as well as the Economic Community of West African States (ECOWAS) and the Economic Community of Central African States (ECCAS). 

The exercise is designed to improve cooperation andinformation sharing, and to refine tactics, techniques and procedures among participating nations.

The “Obangame Express”exercise will be based on realistic modern-day scenarios such as piracy, illegal fishing and hijacking.  During the exercise,Maritime Operations Centers (MOCs) will be challenged to recognize illicit acts and share trackinginformation with other MOCs throughout the region.

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Politics

Ansumana Usman Koroma Urges Sierra Leoneans To Support the Registration Process

The winner of the Pride of Australia Award, Ansumana Usman Koroma popularly known as AUK has called on all Sierra Leoneans within and outside Sierra Leone to support and fully participate in both the ongoing voter registration that has started March 20 to end April 19 2017 and the forthcoming nationwide civil registration process slated April 24 to June 11 2017.

AUK who is a Political and Policy Analyst working in Australia said the mass registration of every citizen is a very important process in the development agenda of the country. He therefore appealed to all Sierra Leoneans to put politics aside and understand that the process would help government consolidate citizens’ data and enhance effective service delivery and improve monitoring of government programmes and policies.

He stressed that the national civil registration authority is created to promote a greater sense of nationalism and common identity.

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