Category: Business
Mobile Money Users Reach 2 Million Nationwide
The World Bank has highlighted strong growth alongside structural risks in Sierra Leone’s financial sector in its Sierra Leone Economic Update, 7th Edition, noting that the sector remains closely linked to the public sector and exposed to sovereign risk. According to the report, commercial banks dominate the financial system, accounting for about 95 percent of…
QCell Opens Customer Care Shop in Kambia
QCell Sierra Leone has officially opened a new Customer Care Shop at Kambia 2 Check Point, strengthening its efforts to bring telecom and mobile money services closer to communities. The opening attracted community leaders, local authorities, traders, youth representatives, and residents, who gathered to witness the commissioning of the new outlet. Speaking at the ceremony,…
Interim Injunction Favours Tech Entrepreneur Kpakima
The High Court of Sierra Leone has granted an interim injunction in favour of local businessman and technology entrepreneur David Kpakima in a commercial dispute involving his foreign business partner, Davar Fazaeli. The interim order was granted last Friday by Honourable Mrs. Justice Tonia Barnett, a Justice of the Court of Appeal sitting in the…
SL, Gambia Linked by QMoney Transfers
QMoney has launched its new Cross-Border Transfer service, enabling customers to send and receive money instantly between Sierra Leone and The Gambia. The service aims to provide a fast, secure, and affordable solution for families, traders, students, and businesses across both countries. With the new service, users can transfer money directly from their mobile phones…
Pee Cee’s Mega Farm Set to End Onion Imports
By Ishmail Saidu Kanu Pee Cee Holdings (PCH), one of Sierra Leone’s leading importers and distributors of fast-moving consumer goods, is taking a major step toward ending the country’s dependence on imported onions through its large-scale agricultural venture in Port Loko District. Through its subsidiary, Pee Cee Agriculture, the company has developed a fully mechanized…
How Gambian CEO Muhammed Jah Is Transforming Telecoms in Sierra Leone and The Gambia
By: Sallu Kamuskay. Forbes (Chairman) A quiet but powerful telecom revolution is taking place in West Africa — and at the centre of it is Gambian entrepreneur Muhammed Jah, the CEO of QGroup and founder of QCell. From The Gambia to Sierra Leone, Jah is changing how millions of people connect, communicate, work, and learn….
IMF, SL Seal Staff-Level Deal
By Mohamed Kamara The International Monetary Fund (IMF) has reached a staff-level agreement with the Government of Sierra Leone on policies needed to complete the first and second reviews of the country’s Extended Credit Facility (ECF) programme. Once approved by IMF Management and the Executive Board in the coming weeks, the reviews will unlock about…
NRA Warns Businesses to Issue GST Receipts
By Ishmail Saidu Kanu The National Revenue Authority (NRA) has called on taxpayers across the country to remain compliant with key tax obligations as Sierra Leone enters the festive season. In a public notice issued by the Public Affairs and Tax Education Unit, the Commissioner General extended warm season’s greetings and expressed appreciation to taxpayers…
