Business And Economy

Fly Salone: Beyond the glee of Sierra Leone's London flight

By Tanu Jalloh

A direct flight from Gatwick Airport in London, United Kingdon to Freetown, Sierra Leone, has commenced but questions of sustainability have emerged given the records of the private company that operates the Boeing 757 aircraft.

According to an official source “Fly Salone Airlines Ltd was set up on 18 Aug 2015. Its current status is listed as ‘Active’ and it currently has 2 directors. The company's first directors were Mr Haitham Sabrah, Mr Jihad El Saleh. Fly Salone Airlines Ltd has no subsidiaries.”

How Sierra Leone's state-owned banks collapsed

By Tanu Jalloh

Sierra Leone government has confessed to making bad judgments and exhibited indiscretion that badly hurt the banking sector of the country through its failure to service loans owed to two commercial banks.

Estimates & 2015 Economic Recovery for Sierra Leone

 By Tanu Jalloh

I have always had issues with government estimates and projections as they relate to economic growth and expansion, national and project budget requirements, and investments in the public and private sectors. There seems to have been no regard for the implications on the electorate to be more appropriate.

A Socioeconomic Context of Sierra Leone Strategy 2013-2017

Despite notable progress, the underlying drivers of fragility continue to pose significant downside risks for the country’s development. High rates of youth unemployment, at 70%, gender inequality, high levels of perceived and real corruption, weak human and institutional capacities and poor economic governance systems, especially public financial management (PFM) and revenue management systems, constrain the Government’s capacity to implement its development agenda.

Welcoming the new deal in Sierra Leone

By Tanu Jalloh

At the turn of the year and in the final issue of Politico for 2014, I had argued that if the government didn’t streamline its policies to address pressing needs that were beingengendered by the flagging state of affairs, it may not be able to pacify the public when the post Ebola economic recovery slows down in the years to come. And it will certainly be difficult for the government alone to surmount the challenges. It needs help. And badly too.

Sierra Leone's effete banking regulator

By Tanu Jalloh

The last time I looked at the financial sector of the economy of Sierra Leone was when in November 2013 it became obvious that somebody had to draw attention to an emergent banking sector, but one that was prone to financial security challenges amidst regulatory incapacity.

‘The price we pay’ for fuel in Sierra Leone

By Tanu Jalloh

I am not sure what or how much did the oil marketers in Sierra Leone do to let the public know that the current free-fall in prices of oil and related products on the world market is not sustainable. I am saying the Sierra Leone government should never have rushed into reviewing pump prices as a consequence of those externalities that do not resonate here well.