By Mabinty M. Kamara
Sanusi Research & Consulting, a recently established company in Sierra Leone, has launched a new research tool dubbed the Sanusi Index Model (SIM).
Sanusi investigates economic and social trends for clients in private businesses, the public sector, civil society, and the media.
The SIM, according to the company, will be used to update customers on various issues with indices to help them maximize Productivity, Innovation and Profit (PIP), while minimizing their cost to democracy, markets, society, technology, the environment, international and demography.
“While our mission is to leverage education, data and technology, we envision becoming a leading grass root research company in Sierra Leone as we meet our goal of promoting social development and economic growth. We cherish quality education as one of our main values,” the company said in a statement announcing the launching of the tool.
According to Sanusi’s estimation, investments, including Foreign Direct Investment (FDI) in Sierra Leone, are largely factor investments. In other words, factor investors strongly care about growth factors such as profits, innovation, productivity (PIP), democracy, the environment, society etc.
Sanusi has been engaged in collecting statistics on COVID-19 and publishing them in indices.
“COVID-19 indices are calculated by dividing today’s total cases, total deaths and total recoveries by yesterday’s total cases, total deaths and total recoveries, respectively, minus one times hundred,” it notes, adding: “For example, the June 9 COVID-19 indices showed that cases and deaths increased by 1.108% and 0.208% respectively in Sierra Leone.”
“Our scale can measure not only COVID-19 growth but also Gross Domestic Product (GDP), profit, sales or revenue growth, unemployment rate, crime rate,” it went on.
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