The Vice President of Liberia Jeremiah Koung has condemned the recent protest by some community and traditional society members in Yekepa which disrupted the operations of ArcelorMittal Liberia (AML) for a week. ArcelorMittal is Liberia’s largest foreign direct investment, the highest contributor to government’s revenue and the largest private sector employer. The company is currently…
Central Bank of Liberia’s (CBL) deadline for exchange of the old banknotes has expired. The extended deadline expired on Wednesday, May 15, 2024. Speaking Wednesday, the Communication Director of CBL, P. Alphonsus Zeon said the extension was to bring relief to citizens who have yet to exchange their old banknotes. Mr. Zeon said the old…
President Joseph Nyuma Boakai has for the first time spoken on the need for a multi-user railway of the rail from Nimba to Grand Bassa Counties. Speaking last week at the US-Africa Business Summit in Texas, the United States of America, the Liberian shed light on his support for the multiuser railway project that is…
The Director General of the Liberia Standards Authority, Kansualism Berk Kansuah has promised to increase Liberia’s export and reduce import based commodities through efficient laboratory chemical and testing. Speaking Monday, May 13, 2024 when he officially took over as head of Liberia’s Standards Authority, Kansuah said Liberia’s product particularly commerce commodities, have not being able…
Nimbaians are chasing steel giant ArcelorMittal out of their county for the company’s failure to fulfill its obligations laid down in the Mineral Development Agreement (MDA) that it is seeking to expand. On the morning of May 6, 2024, residents of the company’s concession areas of Zor, Sehyi, Yarmie, and Gboa, led by their traditional…
The Sustainable Development Institute (SDI) appreciates President Nyuma Boakai for recognizing the wanton neglect of Western Cluster Liberia Limited (WCLL) which has resulted in environmental harm, social economic impacts on rural community dwellers, and the destruction of major roads in Western Liberia and the Freeport of Monrovia. In a statement, the SDI commended the Liberian…
At the groundbreaking ceremony for the construction of three 33-kilovolt distribution networks and customer connections to the cities of Buchanan, Greenville, and Barclayville, the European Union (EU) Head of Delegation, Ambassador Nona Deprez recommitted the European Union’s ongoing support for Liberia’s energy sector. The ceremony took place at the Transco/CLSG Substation located on the outskirts…
President Joseph N. Boakai and some government officials on Friday, May 3, 2024 departed Liberia to attend the African Business Summit, which is expected to take place in Dallas, Texas, the United States of America, The Corporate Council on Africa (CCA) will host the 16th U.S.-Africa Business Summit on May 6-9, 2024 in Dallas, Texas…
The newly appointed Board Chairman of the National Lottery Authority of Liberia (NLA), Prince Menkalo Gbieu has assured his administration’s efforts to increasing the authority revenue generation base to support the national budget. The NLA new Board Chairman disclosed that Lotteries around the World are establishing strong revenue bases and immensely contributing to national economies…
The Consortium of Rubber Sector Actors of Liberia (CORSAL), has alarmed over their business capitals being damaged by the action of the Government of Liberia to ban the exportation of unprocessed rubber. Speaking with reporters Tuesday, April 30, 2024, CORSAL Assistant Secretary, Clinton Kpozeh said due to the damage of their businesses, they are unable…
