Sierra Leone Telegraph: 18 December 2020:
For many Sierra Leoneans who had feared a change of government in 2018 may simply usher in more of the same corruption and poor governance, today’s publishing of the country’s Auditor General’s 2019 Report into the SLPP government’s management of public funds, confirms those fears.
The report, like all previous reports, makes for disheartening reading. There is corruption and malfeasance across the corridors of almost every government ministry and department, including the Office of the President and Office of the First Lady, where millions of dollars cannot be accounted for.
Will the Anti-Corruption Commission have the courage and determination to conduct an impartial and transparent investigation?
Credit guarantee scheme gives businesses lifeline
Thursday December 17 2020
Credit Bank CEO Betty Korir signs the Credit Guarantee Scheme agreement with the Treasury on December 8, 2020 in Nairobi. Looking on is the Kenya Bankers Association chairman Joshua Oigara (left), National Treasury CS Ukur Yatani (third left) and Treasury PS Julius Muia ( seated right). PHOTO | SALATON NJAU | NMG
By Joshua Oigara
Summary
A Credit Guarantee is effectively an insurance that gives lenders the confidence to extend loans to high-risk borrowers at flexible terms and often faster than under ordinary circumstances. Therefore, this move by Government is a tremendous show of confidence in our local enterprises.