Menu

President Weah Markets Liberia’s Agriculture and Transport Potentials to UAE Investors Thursday, 21st March 2019 President Weah and entourage pose with the Crown Prince of Abu Dhabi, His Highness Sheikh Mohammed bin Zayed Al Nahyan Photo Credit: Executive Mansion Photo United Arab Emirates – Barely hours after securing huge commitments from his hosts to invest in Liberia’s energy, road, health and education sectors, President George Manneh Weah on the second day of his state visit to the United Arab Emirates successfully pushed the case of his country’s agriculture and transport sectors which he said are critical to pulling his people out of poverty. “Liberia has a very rich soil, which is further patronized by six months of rain, six months of sunshine absolutely favorite for anything…

Read More…

West Africa  is the  world leader in gold production gold

  BME is showcasing its African presence, expertise and technology at the 2019 Investing in African Mining Indaba where it will also highlight its strengthened presence in West Africa. The region is poised to become one of the top five gold-producing regions in the world. “The mood is even more buoyant than it has been in previous years,” says Michael Klaasen, BME’s general manager for West Africa operations. “Almost all the countries in this region have vast mineral reserves that remain untouched, making it a very lucrative area for foreign investment.” With some of the world’s largest deposits of gold, bauxite, iron ore and diamonds, Klaasen noted that it was encouraging to see many West African governments seeking to make their mining charters easier to…

Read More…

President Weah Mounts Pressure On Road Contractors

  The President of Liberia, H.E. Dr. George Manneh Weah, says his government remains committed to developing the Country with emphasis on the construction of paved roads and other critical infrastructures in the country. Dr. Weah said his paved roads agenda is intended not only to connect the capital, Monrovia, but also the rest of the country so that road connectivity underpins the country’s enormous socioeconomic development. The Liberian Leader made the assertion Tuesday, recently when he toured additional road projects in Monrovia and its environs In Paynesville Red-light. The  President called on the Coca Cola Road construction team to work with passion and commitment, urging them to take pride in serving their country. “I have come to inspect the road project here and to…

Read More…

Global Tracking And Maritime Solutions is a heap for more economic hardship on Liberians.

     Monrovia – Global Tracking and Maritime Solutions bulldozed their way through accountability, transparency and vetting cracks at Liberia’s National Port Authority to secure a controversial agreement, which   the Liberia Chamber of Commerce  describe as a complete  heap for  more economic hardship on Liberians. The agreement involves what is known to most businesses and those shipping containers as the Cargo Tracking Note (CTN) or Loading Certificate, an official shipping document that contains information related to the cargo and its movement between ports. Various shipper councils in different countries require this document for importation. CTN is requested by Customs to importers for clearance of cargo. All documents related to cargo must have CTN number if shipped under CTN. The CTN number must be provided to…

Read More…

President Weah Signs Book of Condolence for Geraldine Doe-Sheriff

  President George Manneh Weah signing the Book of Condolence of the late Senator Geraldine Doe Sheriff Photo Credit: Executive Mansion Photo       Monrovia, Liberia – The President of the Republic, Dr. George Manneh Weah, on Wednesday, March 12, 2019 signed the “Book of Condolence” for the late Geraldine Doe-Sheriff whom he described a true patriot and a pillar of Liberia’s contemporary women movement. The President signed the condolence book at the Capitol Building in Monrovia, visibly filled with sorrow over the passing of Senator Doe-Sheriff with whom he had a longstanding political affiliation. “The passing of Senator Doe-Sheriff is a big blow not only to her family and the Senate, but also to women in leadership and particularly young girls aspiring to be…

Read More…

ArcelorMittal Liberia responds to lawmakers’ inquest on MDA violations

The management of ArcelorMittal said that it is still committed to implementing the Mineral Development Agreement signed with the Government of Liberia back in 2006, after been accused of grossly violating the Mineral Development Agreement, MDA. The steel company was responding to the House of Representatives’ allegations. In 2018, the Joint Committee on Lands, Mines, Energy, and Environment along with the committees on Investment and concessions and Health following an ‘intensive’ investigation of the company’s operations in the country, found grossly violating of the MDA. The MDA was signed in 2005 and amended in 2006, with a focus on sustainable development and economic, social and environmental investment for the company and citizens. But there have been increasing allegations of violations of the agreement by the…

Read More…

ArcelorMittal’s Appoint  New Liberia CEO

Mr. Scott Lowe has been appointed the new Chief Executive Officer (CEO) of ArcelorMittal Liberia (AML), a statement from the company has announced. Lowe has extensive experience in mining, working in senior management positions at BHP Billiton and as CEO in several publicly listed exploration and development companies.  In 2015, Lowe took over the Australia-based Intrepid Mines for the second time as CEO, on the confidence of the board of that company due to his “extensive experience in international mining operations and… long history of managing the Company’s Zambian assets.” Lowe holds an MBA along with tertiary qualifications in mining engineering and is a member of the Australian Institute of Company Directors. The new CEO, will now lead ArcelorMittal Liberia’s iron ore concession spanning Nimba…

Read More…

IMF Slashes Liberia 2019 Growth Outlook as Inflation Soars

Liberia’s economic growth will stall this year as high inflation overwhelms gains made in revenue collection in the West African nation, the International Monetary Fund staff said in a report on its website. The economy will expand 0.2 percent in 2019 under current policies, down from an earlier estimate of 4.7 percent, the IMF said Friday. The agency said 2018 growth was 1.2 percent, lower than 2.5 percent in 2017. Inflation jumped to 28 percent in December, the Washington-based IMF said. “Liberia’s economic situation is challenging, and strong policy actions will be required to maintain as favorable outlook as anticipated at this time last year,” IMF team leader Mika Saito said in the statement. “Stability has proved elusive despite improved revenue collection in the first half” of…

Read More…

CDC-Government Believes in Tangibles; not Flashy Bill Boards

 …..Commerce Minister Tells  partners         Monrovia- Liberia: Commerce and Industry Minister, Professor Wilson K. Tarpeh, has said the Coalition for Democratic Change-led Government of President George Manneh Weah will ensure that the lives of Liberians are transformed through appropriate programs and policies. Minister Tarpeh said President Weah’s leadership will   translate his vision for the country into reality   through workable and achievable programs rather than the erection of attractive and costly bill boards that will have no meaningful bearing on the Lives of Liberians, especially ordinary citizens. Professor Tarpeh made the observation over the weekend in Ganta City, Nimba County at close of a two-day Business Climate Forum. He said taking the lives of Liberians from several years desolation to appreciable level entails a…

Read More…

ICRICT Support IMF Calls For Overhaul Of International Tax Rules To Stop Tax Avoidance By Multinationals

The IMF paper “IMF POLICY PAPER CORPORATE TAXATION IN THE GLOBAL ECONOMY “published today states that the international corporate tax system is under unprecedented stress and allows $600bn of revenue losses each year due to tax avoidance (profit shifting) by multinationals. This negatively affects both developed and developing countries. ICRICT Commissioner, Professor Valpy Fitzgerald, said: “The report recognizes that capital taxation is essential for a progressive tax system, and that thus corporation tax must be maintained. This is particularly important to address inequality, as corporation tax targets the wealthiest who avoid tax by using tax havens. “A radical overhaul is required and alternatives should be judged on their distributional impact. A move towards global formulary apportionment would benefit both developed and developing countries, if labour…

Read More…

Page 1 of 3012345...102030...Last »

Video of the day