Category: Business & Finance

Freetown, 9th  January 2026- The Ministry of Tourism and Cultural Affairs is facing renewed scrutiny after the 2024 Auditor General’s Report flagged over NLe11.83 million in unretired special imprests and undocumented bank withdrawals, raising serious concerns about financial accountability and public fund management.

Freetown, 9th January 2026- The Sierra Leone Commercial Bank (SLCB) is facing renewed calls for tighter risk controls after the 2024 Auditor General’s Report revealed that the institution had issued loans totalling NLe356,579,171.71 without collateral as of 31st December 2024. The findings raise serious concerns about credit risk exposure and the bank’s internal safeguards in managing public and private funds.

Freetown, 8th January 2026-  The Ministry of Tourism and Cultural Affairs has released a financial breakdown of the recently concluded One Nation Reggae Festival, presenting the event as both a cultural milestone and an economic driver for Sierra Leone’s creative industries.

Freetown, 5th January 2026 – The Ministry of Finance has cautioned that Sierra Leone’s 2026 national budget faces significant risks from global economic uncertainties, domestic revenue challenges, and potential natural disasters. In its Citizen’s Guide to the National Budget 2026, Finance Minister Sheku Ahmed Fantamadi Bangura outlined both the threats and the government’s strategies to safeguard fiscal stability.

Freetown, 5th January 2026 – A recent audit of the Sierra Leone-China Friendship Hospital at Jui has uncovered serious financial discrepancies and critical shortages of medical equipment, raising concerns about both fiscal management and patient safety at one of the country’s flagship health facilities.