New Leone News Today

By Chernor Alimamy Kamara The newly-appointed Governor of the Central Bank of Sierra Leone, Dr. Ibrahim Stevens has noted that part of his responsibility is to maintain monetary stability and address inflation in the country. He was speaking in a media interview on the 22nd November, 2023 discussing the stipulated dates to cease using the Old Leone notes as a Legal tender in

By Mabinty M. Kamara The latest fiscal analysis by Budget Advocacy Network has indicated that the current expenditure of the government of Sierra Leone outweighs the revenues generated from January 2023 to September. The group therefore calls for prudent fiscal management.

WHAT’S HAPPENING WITH THE REMAINS OF THE COTTON TREE? If we can recall well what happened a day or after the famous Cotton Tree in the heart of Freetown collapsed in a heavy rainstorm, we were promised a national conversation to determine what to do next about the section of the tree still standing or any other thing great for that area of our city. In fact even before that

RASTA SENGS STEPS INTO ROW OVER HIGH DATA COST Rasta Sengs says all the good people of Sierra Leone should be “DATA-WISE”. He stopped short of telling us how we should be using our data but things that whatever we decide to with our data should not include going to social media to complain or to even throw in a bit of salty language in frustration at the rising cost of data.

By Chernor Alimamy Kamara As part of their key deliverables for Fiscal Year (FY) 2024, the Anti-Corruption Commission (ACC) is to complete investigations of at least 50% of cases reported to the institution, according to Deputy Commissioner, Augustine Foday Ngobie at the ongoing FY2024 Policy Hearing and Bilateral Budget discussions at the Ministry of Finance in Freetown.

By Chernor Alimamy Kamara The Bank of Sierra Leone (BSL) has extended use of the Old Leone notes until 31st December, 2023, according to a notice issued by the bank on the 10th March, 2023. The bank informed the public that if there is no further extension to the aforementioned date, on the 1st January, 2024, everyone should cease using them as legal tender in Sierra Leone.

Sierra Leone is to delay the phaseout of its old currency until next spring, the central bank said.

Sierra Leone is to delay the phaseout of its old currency until next spring, the central bank said.

His Excellency President Dr Julius Maada Bio on Friday July 1 launched the redenomination of the Leone at the Central Bank and urged financial (...)