Business & Finance

Government Spends Big on Infrastructure in 2023 Despite Fewer Contracts – NPPA Report Reveals

By christian.conteh@awokonewspapersl.com Freetown, Sierra Leone – The government of Sierra Leone poured the largest share of its 2023 procurement spending into infrastructure projects, despite awarding...

Leone Holds Firm Amid Global Currency Swings

By zainab.joaque@awokonewspapersl.com Freetown, Sierra Leone – The Leone showed relative stability over the trading week ending May 16, 2025, despite moderate fluctuations among major global...

Sierra Leone Commercial Bank Tops Industry in Customer Deposits for 2023

By zainab.joaque@awokonewspapersl.com Freetown, Sierra Leone – In a strong show of confidence from depositors, Sierra Leone Commercial Bank (SLCB) emerged as the industry leader in...

Billions Spent Outside Approved Procurement Plans: Audit Reveals Deep Gaps in Public Financial Management

By christian.conteh@awokonewspapersl.com Freetown, Sierra Leone – A new audit of government procurement activities has revealed alarming inconsistencies between what was planned and what was actually...

UBA Leads Sierra Leone’s Commercial Banking Sector in 2023 Profit Rankings

Skye Bank shines with highest PBT growth, sector records 65% overall surge By zainab.joaque@awokonewspapersl.com Freetown, Sierra Leone – Sierra Leone’s commercial banking sector recorded robust performance in...

Global Trade Tensions Cloud Recovery as IMF Warns of Slowing Growth

By zainab.joaque@awokonewspapersl.com Washington, D.C. — At a high-stakes forum hosted by the International Monetary Fund (IMF), global economic leaders struck a tone of cautious urgency as...

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