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Lǒr Restaurant Elevates Freetown’s Lifestyle Scene with Premium Dining Experience

Lǒr Restaurant

Freetown’s growing appetite for premium hospitality experiences continues to reshape the city’s social landscape, and Lǒr Restaurant is emerging as one of the establishments at the center of that transformation. Situated along the scenic Peninsular Highway in the Juba–Goderich axis, the upscale oceanfront restaurant is steadily building a reputation as a premier destination for fine dining in Sierra Leone’s capital.

Since its debut, Lǒr Restaurant has attracted a wide cross-section of patrons, including business leaders, diplomats, tourists, creatives and families seeking a refined dining environment. Industry observers note that the restaurant’s concept goes beyond serving meals, focusing instead on delivering a complete lifestyle experience where cuisine, service and ambiance complement one another.

A major factor behind its growing popularity is its diverse international menu. Designed to cater to varied tastes, the restaurant offers Italian, Japanese, Lebanese, Indian and traditional Sierra Leonean dishes, all prepared to meet premium standards. The kitchen has earned particular recognition for its grilled meats and seafood selections, which have become defining features of the establishment.

Among the standout offerings frequently praised by guests are the golden tomahawk steak, T-bone steak, volcano shrimp and Ebi tempura shrimp. These signature dishes are noted for both their flavor and presentation. For diners who prefer lighter options, salmon salads and assorted seafood platters provide balanced alternatives without compromising quality.

The restaurant’s physical setting also plays a significant role in its appeal. Lǒr features modern architectural finishes, elegant décor and subtle lighting that create a sophisticated yet welcoming atmosphere. Its rooftop dining and bar area, overlooking the Atlantic coastline, has become one of Freetown’s popular venues for sunset dinners, birthday celebrations, corporate receptions and private events.

Management underscores that customer experience remains central to the restaurant’s operations. Staff members are trained to provide attentive, courteous and timely service, ensuring that guests enjoy a seamless experience from arrival to departure. According to management, the objective is to position Lǒr not simply as a restaurant, but as a curated hospitality destination aligned with international standards.

In keeping with this commitment, the restaurant operates extended hours to accommodate varying lifestyles. It opens daily from 9:00 a.m. to 11:00 p.m. on weekdays, with service extended until 12:15 a.m. on weekends. Flexible payment options are available, including cash, Visa, Mastercard and digital transfers. Additional amenities such as free parking, valet services and private event spaces further enhance convenience for patrons.

Due to high demand, particularly during weekends and peak hours, guests are advised to make reservations in advance. Hospitality analysts observe that Lǒr’s increasing patronage reflects a broader shift in Freetown toward premium dining and experiential leisure.

Key Details:
Location: Peninsular Highway, Juba/Goderich, Freetown
Contact: +232 90 002000
Cuisine: International (Sierra Leonean, Italian, Japanese, Lebanese, Indian)
Hours: 9:00 a.m.–11:00 p.m. (Weekdays); until 12:15 a.m. (Weekends)

While Sierra Leone advances its tourism and lifestyle sectors, Lǒr Restaurant stands as a symbol of modern culinary excellence, seamlessly blending refined international cuisine with the elegance of an oceanfront setting.

Vice President Highlights National Waste Management Reform in High-Level EU Meeting

By Amin Kef (Ranger)

Vice President Dr. Mohamed Juldeh Jalloh on February 13, 2026, met with the European Union (EU) Ambassador and his delegation to discuss ongoing and emerging areas of cooperation between Sierra Leone and the European Union.

The meeting focused on strengthening collaboration in international maritime security, food security and the EU’s Global Gateway initiative, while also highlighting Government’s new priority to reform the country’s waste management system as part of its climate action strategy.

According to the Vice President, discussions with the EU delegation were productive and centered on consolidating long-standing partnership goals. On international maritime security, both sides underscored the importance of continued collaboration to secure regional waters, combat illegal activities at sea and protect marine resources vital to Sierra Leone’s economy.

Maritime security remains a strategic concern for Sierra Leone, given its dependence on fisheries, port operations and maritime trade. Officials say enhanced cooperation with international partners such as the EU will help strengthen surveillance, enforcement capacity and regional coordination.

Food security also featured prominently in the discussions. Dr. Mohamed Juldeh Jalloh reiterated Government’s commitment to agricultural transformation under the “Feed Salone” strategy, which aims to boost domestic food production, reduce import dependency and build resilience against climate-related shocks.

He noted that partnerships with development partners are essential to improving agricultural value chains, enhancing productivity and supporting smallholder farmers across the country. The EU has been a key partner in supporting agricultural and rural development initiatives.

The meeting further explored opportunities under the EU Global Gateway, the European Union’s €300 billion infrastructure initiative designed to support green and digital transitions globally. Sierra Leone is seeking to leverage the initiative to expand infrastructure development, strengthen digital connectivity and accelerate investments in renewable energy and climate-resilient projects.

Beyond those traditional areas of cooperation, the Vice President highlighted Government’s emerging priority to overhaul the national waste management system. He described waste management reform as a critical component of Sierra Leone’s climate change mitigation and environmental protection agenda.

Dr. Mohamed Juldeh Jalloh disclosed that engagements are already ongoing with relevant Ministries, sector leads, the Freetown City Council (FCC), other local councils and private operators to design a sustainable waste management architecture. The objective is to replace outdated and inadequate infrastructure with a system that is efficient, environmentally sound and market-driven.

The Vice President emphasized that modernizing waste management is not only an environmental necessity but also a public health and economic opportunity. A reformed system, he said, would help reduce pollution, create green jobs and contribute to a circular economy model.

The meeting comes shortly after the launch on February 6, 2026, of a $5.4 million United Nations Development Programme (UNDP)-led initiative focused on promoting circular economy and zero-waste systems in Sierra Leone. In addition, a major waste-to-energy project in Freetown, supported by the EU-backed Climate Investor Two fund, is expected to convert approximately 365,000 tonnes of annual waste into green electricity.

Observers say the engagement reflects strengthened Sierra Leone–EU relations, with climate action, food security and sustainable infrastructure development emerging as key pillars of cooperation going forward.

To Drive Jobs and Industrial Expansion… JOLAKS $45 Million Investment Unanimously Approved by Parliament

By Amin Kef (Ranger)

The Parliament of Sierra Leone on Tuesday, 10 February 2026, unanimously ratified a series of trade and partnership agreements aimed at strengthening industrial development, expanding employment opportunities and deepening regional integration within the ECOWAS sub-region.

Central among the agreements was a trade and investment partnership between the Government of the Republic of Sierra Leone and JOLAKS Manufacturing Company Limited, a local manufacturing firm established in 2012 to produce vegetable oil.

Presenting the agreement before the House, the Minister of Trade and Industry, Ibrahim Alpha Sesay, described the deal as a significant milestone in Government’s drive to promote local production and reduce reliance on imports.

He informed Members of Parliament that JOLAKS Manufacturing Company Limited would diversify its production portfolio beyond vegetable oil to include soap and other related products. According to the Minister, the company has complied with all regulatory requirements governing industrial operations in Sierra Leone.

The Minister disclosed that the project represents an estimated investment of approximately US$45 million and is expected to create additional employment opportunities nationwide. He noted that over the years, JOLAKS has already generated more than 700 jobs, contributing meaningfully to youth employment and local value addition.

During the debate, Hon. Veronica Kadie Sesay underscored the importance of the agreement in expanding job creation. She revealed that JOLAKS operates at a production capacity of 3,000 metric tons per day, describing the ratification as timely and crucial to strengthening the national economy.

However, she stressed the need for strong parliamentary oversight to ensure that companies operating in the country adhere strictly to national laws and regulations. Hon. Veronica Kadie Sesay particularly emphasized compliance with the 30 percent female representation policy, urging the company to prioritize gender inclusion in its recruitment processes.

She further encouraged JOLAKS to intensify its Corporate Social Responsibility (CSR) initiatives within host communities noting that industrial expansion must go hand-in-hand with community development.

Hon. Saa Emerson Lamina, Deputy Leader of Government Business II, referenced Section 40 of the 1991 Constitution, which vests the authority to ratify agreements exclusively in Parliament. He described Clause 4.2 of the agreement, making corporate social responsibility mandatory, as one of its most critical provisions.

He praised the administration of Julius Maada Bio for creating what he termed an enabling environment for business growth, adding that the agreement would significantly contribute to job creation and economic transformation.

Hon. Unpha Koroma of the Western Area raised issues relating to tariff protection benefits granted to the company. While acknowledging the employment potential of the investment, he called for enhanced staff training programs and improved employee welfare packages to ensure long-term sustainability.

He also expressed concern over what he described as sluggish engagement between the company and local community stakeholders, urging stronger collaboration with residents and Members of Parliament to ensure efficient service delivery and harmonious operations.

From the opposition bench, Hon. Abdul Kargbo emphasized the need for effective coordination between private companies and national stakeholders. He observed that JOLAKS’ expanded production of oil, soap and other goods would contribute significantly to national growth.

Though he called for strict monitoring to ensure full compliance with the agreement’s provisions, he commended clauses that prioritize youth employment and urged Parliament to approve the agreement in the broader national interest.

Concluding the debate, Majority Leader and Leader of Government Business, Hon. Mathew Sahr Nyuma, described the agreement as a major step toward providing meaningful opportunities for Sierra Leone’s youth.

He encouraged the Minister to ensure protection for infant industries and clarified that approximately US$30 million would be invested over several years as part of phased implementation. He reiterated that companies operating within communities must actively collaborate with local stakeholders in fulfilling their corporate social obligations.

In response to concerns raised by lawmakers, the Minister assured Parliament that environmental safeguards, labour standards and other matters of national interest would be closely monitored and addressed.

The House subsequently ratified the agreement unanimously.

In a related development, Parliament also approved a Long-Term Partnership Agreement between the Government of Sierra Leone and Rainforest Builder (SL) Limited, dated 24 September 2025.

Furthermore, lawmakers ratified several ECOWAS Supplementary Acts aimed at harmonizing air transport regulations across Member States. These include common rules on ground handling services, slot allocation, air carrier liability, aviation security, passenger compensation, tariff application, competition practices and market access within the ECOWAS region.

The approvals mark a broader effort to align Sierra Leone’s aviation and trade frameworks with regional standards, facilitating smoother cross-border movement of goods and passengers while strengthening investor confidence.

The unanimous decisions signal Parliament’s commitment to fostering industrial expansion, job creation and regional economic integration as key pillars of national development.

From Vatican Blessings to AfDB Commitments: President Bio Advances Spiritual Unity and National Development

His Eminence Arrigo Miglio, Cardinal of the Holy Roman Church praying for President Julius Maada Bio

 By Amin Kef (Ranger)

It was a day of high-level engagements on Tuesday February 10, 2026 at State House as President Dr, Julius Maada Bio received distinguished religious and financial leaders, reaffirming Sierra Leone’s commitment to spiritual partnership, economic transformation and national development.

President Bio welcomed His Eminence Arrigo Miglio, Cardinal of the Holy Roman Church, who is in Sierra Leone on a pastoral visit.

Describing the visit as significant for the Catholic faithful and the nation, Archbishop Edward Tamba Charles of the Roman Catholic Archdiocese of Freetown said Cardinal Arrigo Miglio is a highly respected senior figure within the global Catholic Church. He disclosed that the Cardinal’s itinerary includes an inspection of the Love Bridge Project in Lokomasama Chiefdom, Port Loko District.

The Love Bridge Hospital, established over 15 years ago, continues to provide critical healthcare services, particularly to underserved and vulnerable populations. Archbishop Edward Tamba Charles emphasized that the facility stands as a testament to the Church’s enduring commitment to living out the Gospel through practical service and compassion.

Presidential Spokesman, Hon. Dr. Alpha Kanu, highlighted ongoing collaboration with Hon. Ishmael Sankoh Yillah, in whose constituency the hospital is located. He further noted that Italian medical teams conduct annual surgical missions at the facility, strengthening healthcare delivery in the district.

Cardinal Arrigo Miglio expressed heartfelt condolences to President Bio on the passing of his sister, Alice Josephine Tucker (née Bio). He described his visit as spiritually fulfilling and praised the Love Bridge Hospital’s compassion-driven approach to healthcare. The Cardinal also conveyed blessings from His Holiness Pope Leo XIV, assuring the President that he would brief the Pontiff upon his return to Italy.

In response, President Bio warmly welcomed the Cardinal and reaffirmed his strong ties to the Catholic community. He commended the Church’s contributions to spiritual guidance, education and healthcare across Sierra Leone. Paying tribute to his late sister, the President recalled her lifelong dedication as a Catholic school teacher committed to human capital development. He further revealed that he observes weekly prayers with Catholic priests at his office, underscoring the role of spiritual reflection in leadership.

In a separate engagement at State House, President Bio received the newly appointed Executive Director of the African Development Bank, Dr. Elsiddig Mohamed Rahma. He was accompanied by the Bank’s outgoing Country Manager, Dr. Halima Yusuf Hashi, on a courtesy call ahead of her departure.

Minister of Finance, Sheku Ahmed Fantamadi Bangura, briefed the President, noting that Dr. Elsiddig Mohamed Rahma represents Sierra Leone, Ghana, Liberia, The Gambia and Sudan on the AfDB Board. He described the Executive Director as a seasoned economist poised to champion Sierra Leone’s interests, particularly in overseeing the country’s strong-performing AfDB portfolio spanning agriculture, infrastructure and gender empowerment initiatives.

Dr. Elsiddig Mohamed Rahma conveyed warm greetings from the President of the African Development Bank and congratulated President Bio on Sierra Leone’s strong economic performance, stable growth trajectory and improved fiscal discipline. He reaffirmed the Bank’s commitment to supporting the country’s Medium-Term National Development Plan, outlining a new investment focus: 54 percent on infrastructure, 23 percent on agriculture and 23 percent on multi-sectoral support.

President Bio expressed appreciation to the AfDB President, describing the institution as a trusted development partner. He reiterated Government’s commitment to inclusive growth and national transformation, emphasizing that infrastructure development remains central to unlocking agricultural productivity and stimulating broad-based economic expansion.

The President also commended Dr. Halima Yusuf Hashi for her dedicated service and strong collaboration with the Government, wishing her continued success and assuring her of Sierra Leone’s enduring friendship.

Later on Tuesday, President Bio attended and officially opened the International General Conference of Harvest Intercontinental Ministries Unlimited (HIM-U) at Harvest Intercontinental Ministries Church in Dwazark, Freetown.

Speaking on the theme: “Igniting Passion for the Great Commission, Every Soul Reached, Every Saint Equipped,” the President described the conference as a timely opportunity for spiritual renewal and recommitment; not only for HIM-U but for the wider Christian community and society at large.

He commended the leadership of HIM-U, including Founder and Presiding Bishop Darlingston G. Johnson and Pastor Chrys Johnson, as well as National Overseer Bishop Julius Laggah and Reverend Olayinka Laggah, praising their consistent prayers and spiritual leadership for the nation.

President Bio highlighted the indispensable role of faith institutions in promoting peace, social cohesion and national development. He stressed that evangelism must go hand in hand with discipleship, leadership development and social responsibility.

Underscoring the contributions of women and youth in ministry and nation-building, the President reaffirmed Sierra Leone’s longstanding tradition of religious tolerance and peaceful coexistence.

In a personal reflection, he shared that his Christian faith continues to guide his values and leadership, even as he serves all Sierra Leoneans without distinction. He encouraged faith-based organisations to partner with Government in youth mentorship and community development initiatives.

Concluding his remarks, President Bio called for sustained prayers for the nation and expressed confidence that the conference would ignite renewed passion for the Great Commission to the glory of God and the continued advancement of Sierra Leone.

Girls’ In STEM Initiative SL Launches Livelihood Project to Combat SGBV, Teenage Pregnancy and FGM in Waterloo

Girls’ In STEM Initiative SL Launches Livelihood Project to Combat SGBV, Teenage Pregnancy and FGM in Waterloo

By Ibrahim John Sesay

The Girls’ In STEM Initiative Sierra Leone, with support from Irish Aid through the Ireland Embassy in Sierra Leone, has launched a six-month Community Action Project aimed at addressing Sexual and Gender-Based Violence (SGBV), teenage pregnancy and Female Genital Mutilation (FGM) through livelihood empowerment.

The official launch ceremony was held on Saturday, February 7, 2026, at the Masantigie Community Centre in Waterloo, Western Area Rural District. The event attracted representatives from Government institutions, community leaders, women’s groups, persons with disabilities, youth representatives and other stakeholders.

The project, which will run from February to July 2026, targets three vulnerable communities, Matainkay, Masorie and Masantigie, where cases of SGBV, teenage pregnancy and FGM remain prevalent. A total of 60 beneficiaries, including Persons With Disabilities (PWDs), will be selected to participate in the programme, ensuring inclusivity and equal opportunity for marginalized groups.

In her opening remarks, the Project Coordinator and Executive Director of Girls’ In STEM Initiative Sierra Leone, Madam Christiana M. Bangura, said the initiative seeks to go beyond awareness-raising by providing practical economic alternatives for women and girls.

She emphasized that economic vulnerability often exposes women and girls to abuse and harmful traditional practices, making livelihood empowerment a strategic intervention in the fight against SGBV, teenage pregnancy and FGM.

“We are trying to put an end to all forms of violence against women and girls and provide alternative livelihood schemes to support women who are surviving through harmful practices like FGM,” Madam Christiana M. Bangura stated. “When women are engaged in learning livelihood skills they can support themselves and move away from harmful practices.”

She disclosed that during the six-month training period, beneficiaries will acquire vocational and entrepreneurial skills such as cake baking, gara tie-dye production, handcraft production, decoration, catering services and the production of reusable sanitary pads.

In addition to technical skills training, participants will receive entrepreneurship development training covering business management, financial literacy and marketing to enable them to establish and sustain income-generating ventures.

Madam Christiana M. Bangura further noted that sessions on Sexual and Reproductive Health and Rights (SRHR) and the Sexual Offences Act will be conducted to educate beneficiaries on their legal rights, available protection mechanisms and the importance of reporting abuse.

At the end of the training, beneficiaries will receive start-up capital to support the establishment of small businesses, ensuring practical application of the skills acquired and promoting long-term economic independence.

The Assistant Director at the Ministry of Gender and Children’s Affairs for the Western Area Rural District, Foday Mohamed Sesay, commended the initiative, describing it as a timely intervention that complements the Government’s national strategy to protect women and children from abuse and exploitation.

He explained the concept of FGM and Gender-Based Violence to community members, outlining the various forms of abuse and urging women and girls to report cases to the appropriate authorities.

Speaking to The Calabash Newspaper, Foday Mohamed Sesay described the initiative as laudable and beneficial to young women and girls.

“With the skills they are going to learn, they will be better positioned to enhance their knowledge, empower themselves and promote gender equality,” he said.

On behalf of the host community, the Deputy Headman of Masantigie Community, Rashidu Bangura, pledged full cooperation from local authorities and residents. He acknowledged that FGM and teenage pregnancy remain serious concerns in the selected communities and expressed optimism that the project would help reduce such harmful practices.

“We are grateful for this opportunity, which will bring real change to the lives of our women and girls,” he stated. “As community authorities, we are committed to supporting this project fully.”

Women and girls from surrounding communities attended the launch in large numbers, demonstrating strong interest and support for the initiative.

One of the participants, Isatu T. Koroma, expressed optimism that the training would transform their lives and reduce economic hardship.

“This training will help us learn valuable skills and become self-reliant. It will also teach us how to protect ourselves and speak out against abuse,” she said.

The Community Action Project underscores the importance of education, economic empowerment and community engagement in tackling deeply rooted socio-cultural challenges and building a safer, more equitable society for women and girls in Sierra Leone.

Mines Minister Hails $40 Million Ecobank–Sierra Rutile Agreement at Mining Indaba

Mines Minister Hails $40 Million Ecobank–Sierra Rutile Agreement at Mining Indaba

Minister of Mines and Mineral Resources, Julius Daniel Mattai, has reaffirmed Government’s commitment to strengthening investor confidence and accelerating responsible mining development, following the signing of a landmark US$40 million syndicated financing agreement between Ecobank Sierra Leone and Sierra Rutile Limited.

The agreement was formalized on 10 February 2026 on the margins of the prestigious Investing in African Mining Indaba in Cape Town, South Africa, with support from Ecobank Ghana. The facility will finance the relocation of a state-of-the-art mineral sands processing plant from Kenya to Sierra Leone as part of Sierra Rutile’s Sembehun expansion project.

Speaking at the signing ceremony, Minister Julius Daniel Mattai described the deal as a powerful demonstration of investor confidence in Sierra Leone’s reformed mining sector.

“Today, we are not merely witnessing the signing of a financial agreement; we are affirming a shared vision of partnership, confidence and long-term commitment to the people and economy of Sierra Leone,” he stated.

The Minister noted that the expansion is expected to significantly boost mineral sands production, create sustainable employment and stimulate business opportunities for local contractors and service providers. He emphasized that beyond the financial figures, the project represents tangible benefits for mining communities and young Sierra Leoneans seeking opportunity.

The Sembehun development, widely regarded as one of the country’s most promising mining projects, is projected to generate quality jobs, strengthen local supply chains and contribute to social infrastructure in host communities.

Julius Daniel Mattai attributed the renewed investment momentum in the mining sector to reforms undertaken under the leadership of President Julius Maada Bio, particularly the enactment of the Mines and Minerals Development Act 2022. He said the legislation has enhanced transparency, regulatory certainty and institutional oversight, positioning Sierra Leone as an increasingly predictable and investor-friendly destination.

“This signing is a testament to the effectiveness of our legal and regulatory reforms. A major private investment is proceeding within a clear legal framework, strong institutional oversight and a shared commitment to Environmental, Social and Governance standards,” the Minister remarked.

The agreement also highlights the transformation of Sierra Rutile into the first 100 percent Sierra Leonean privately owned large-scale mining company, following its acquisition by Leonoil Company Limited in October 2024. The milestone has been widely viewed as a significant boost for indigenous participation in the extractive sector.

Ecobank Sierra Leone Chief Executive Officer, Jeremy Awoyi, described the transaction as a landmark for local banking and a catalyst for economic growth, underscoring the increasing role of African financial institutions in supporting large-scale industrial projects on the continent.

Chairman of Sierra Rutile Limited, Ing. Tunde Cole, also highlighted the strategic importance of the Sembehun deposit, noting that it is among the world’s largest natural rutile reserves and offers a foundation for globally competitive and sustainable mining operations.

Reaffirming Government’s commitment to inclusive development, Minister Julius Daniel Mattai assured local communities that the Sembehun Expansion Project would deliver measurable benefits, including employment, business opportunities and improved services.

“Our goal is that when we speak of the success of Sembehun we are also speaking of the success and dignity of the communities that host it,” he said.

With the $40 million financing secured, stakeholders say Sierra Leone’s mining sector is entering a new phase; anchored on responsible investment, strengthened local ownership and strategic partnerships aimed at translating mineral wealth into broad-based national development.

CMB Unveils Modern Head Office at 11 Charlotte Street, Signals New Era of Growth and Innovation

By Amin Kef (Ranger)

Commerce & Mortgage Bank (SL) PLC (CMB) has officially unveiled its new Head Office at 11 Charlotte Street in the heart of Freetown, marking a significant milestone in the Bank’s growth and transformation journey within Sierra Leone’s evolving financial landscape.

The relocation to the modern facility signals a new chapter for CMB, reflecting its strategic vision to enhance customer experience, expand operational capacity and position itself as a forward-looking, technology-enabled financial institution. Bank officials described the move as more than a change of address; it represents a renewed commitment to service excellence, innovation and long-term institutional stability.

Situated in one of Freetown’s central commercial districts, the new Head Office offers improved accessibility for customers, corporate clients and stakeholders. The facility has been thoughtfully designed to provide a comfortable and welcoming banking environment, supported by upgraded technology and improved service delivery systems.

According to the Bank, the relocation aligns with its broader objective of strengthening operational efficiency while meeting the increasing expectations of customers in a competitive financial market. Customers can now access CMB’s trusted services in a more modern and conducive setting that reflects both international banking standards and local values.

CMB emphasized that while the physical location has changed, its core mission remains constant: building lasting relationships, fostering trust and supporting the aspirations of individuals, businesses and communities across Sierra Leone.

At the center of CMB’s transformation is its Managing Director, Alex Emile Studa-Vincent, Esq., whose leadership has been widely credited with strengthening the institution’s governance, stability and strategic direction.

A seasoned banker and qualified legal practitioner, Alex Emile Studa-Vincent brings a unique combination of financial expertise and legal discipline to the institution. Since assuming office, he has championed reforms focused on strengthening corporate governance, regulatory compliance, risk management systems and internal controls.

Under his stewardship, CMB has reinforced its compliance framework in alignment with the regulations of the Bank of Sierra Leone and international best practices. Observers note that this emphasis on transparency and accountability has significantly enhanced stakeholder confidence in the Bank.

Industry analysts indicate that CMB has recorded steady growth in its asset base, customer deposits and overall operational capacity under the current leadership. The Bank’s strengthened balance sheet has enabled it to expand financing support to key sectors such as housing, commerce, Small and Medium Enterprises (SMEs) and corporate clients.

Alex Emile Studa-Vincent’s growth-driven approach is anchored on prudence and sustainability, ensuring that expansion is matched with strong risk management and responsible lending practices. His leadership philosophy centers on building a resilient institution capable of withstanding economic shocks while contributing meaningfully to national development.

Beyond structural reforms and financial performance, CMB has placed significant emphasis on staff development. The Managing Director has prioritized professional training, merit-based advancement and internal capacity building, fostering a culture of teamwork, innovation and accountability.

Employees are encouraged to align their professional growth with the Bank’s long-term strategic objectives, a move that has reportedly boosted morale and strengthened institutional cohesion.

“Commerce and Mortgage Bank is committed to delivering innovative, reliable and customer-centered financial solutions,” Alex Emile Studa-Vincent stated. “Our goal is to empower individuals and businesses while contributing meaningfully to the strengthening of Sierra Leone’s financial sector.”

Recognizing the critical role of financial inclusion in national progress, CMB continues to broaden access to banking services across urban and regional communities. The Bank’s customer-centric strategy focuses on tailoring products to meet the real needs of clients, while leveraging modern banking solutions to enhance convenience and efficiency.

The unveiling of the new Head Office at 11 Charlotte Street symbolizes that renewed vision, one that blends innovation with tradition, global standards with local commitment.

As Sierra Leone’s financial sector undergoes regulatory reforms and digital transformation, CMB’s leadership says the Bank is positioning itself to remain competitive and resilient. The relocation marks not only physical expansion but also an affirmation of the Bank’s readiness to serve a growing customer base in an increasingly sophisticated financial environment.

CMB has invited customers, partners, and members of the public to visit the new premises and experience the enhanced banking environment firsthand. Bank officials expressed appreciation for the continued trust and support of customers and stakeholders throughout its growth journey.

With its new Head Office now fully operational at 11 Charlotte Street, Commerce & Mortgage Bank (SL) PLC signals confidence in its future; grounded in strong governance, customer-focused service delivery and a vision of sustainable growth aligned with Sierra Leone’s broader economic aspirations.

Commerce & Mortgage Bank (SL) PLC — Banking with Love, Respect and Excellence.

Police Detain Adopted Son in Alleged Killing of COMAHS Lecturer

Catherine Valentina Kamanda (Deceased)

By Amin Kef (Ranger)

The Sierra Leone Police have confirmed that they are actively investigating a case of alleged homicide involving Catherine Valentina Kamanda, a former respected Matron at Connaught Hospital and Lecturer at the College of Medicine and Allied Health Sciences (COMAHS), University of Sierra Leone.

According to an official Press Release issued by the Media and Public Relations Department of the Police on 11th February 2026, the tragic incident occurred at the deceased’s residence, No. 5 Kamanda Drive, Peninsula, Goderich in Freetown.

Preliminary investigations indicate that the incident took place between 11:00 p.m. on Saturday, 8th February and midnight at the victim’s residence. The Criminal Investigations Department (CID) has taken into custody a 16-year-old identified as Goodluck Nicol, who is reported to be the adopted son of the deceased and a resident at the same address.

Police sources state that the suspect has allegedly confessed to striking the victim on the head with a pestle. He is currently assisting investigators as inquiries continue. Authorities have clarified that the incident is not being treated as a robbery, contrary to earlier speculation circulating on social media and in some sections of the public.

“The matter is actively under investigation and further details will be communicated as investigations progress,” the Police statement noted.

The Sierra Leone Police extended condolences to the family, colleagues and loved ones of the deceased, while assuring the public of their commitment to ensuring that justice is served. Members of the public have been encouraged to remain calm and to provide any useful information to the nearest police station to support the ongoing investigation.

The death of Catherine Valentina Kamanda has sent shockwaves across the academic, medical and religious communities. Widely known for her professionalism, discipline and compassion, she was not only a dedicated nurse and lecturer but also a devout Christian and active member of Zion Praise Tabernacle Church, where she was described as a pillar of faith and service.

Prior to the Police clarification, early reports and social media commentary had suggested that unknown assailants attacked her at her home and carted away valuables. It was also widely reported that her child also sustained injuries during the incident. Authorities, however, have yet to release comprehensive medical updates regarding the child’s condition.

Tributes have continued to pour in from colleagues, students, members of the Sierra Leone Nurses Association and concerned citizens who have described the late Catherine Valentina Kamanda as a dedicated professional who served with integrity and humility.

The brutal nature of the incident has renewed public concern about safety within residential communities and intensified calls for swift and transparent justice. Civil society voices, church leaders and members of the public have urged the Government and security sector to ensure that due process is followed and that accountability is upheld.

While investigations continue, the nation remains in mourning over the loss of a woman whose life was devoted to healthcare, education and faith. Authorities have reiterated that further updates will be communicated as the case develops.

Finance Act 2026 Takes Effect: Major Tax Reforms to Boost Revenue, Strengthen Compliance

Commissioner-General of the National Revenue Authority, Mrs Jeneba J. Bangura

By Amin Kef (Ranger)

The Government of Sierra Leone has officially enacted the Finance Act 2026, introducing sweeping amendments to the country’s tax and revenue framework aimed at strengthening compliance, modernizing administration and boosting domestic revenue generation.

According to the official summary published by the National Revenue Authority (NRA) in January 2026, the Act has been signed into law by President Dr. Julius Maada Bio and approved by Parliament, with its provisions taking effect from 1st January 2026.

The new legislation amends key statutes, including the Income Tax Act, Goods and Services Tax (GST) Act, Excise Act, Customs Tariff Act and other related laws. The reforms are designed to improve tax administration, widen the tax base, enhance enforcement mechanisms and align Sierra Leone’s tax system with modern global standards.

Among the most notable changes under the Income Tax Act is the adjustment to the Minimum Alternate Tax. Under the new provisions, corporate income tax payable will be the higher of tax on chargeable income or a minimum tax calculated based on company turnover.

The Act also strengthens transfer pricing compliance. Entities engaged in related-party transactions are now required to submit a master file within one month of submission by the parent entity, a local file within two months of filing annual returns in Sierra Leone and a country-by-country report within one year from the end of the relevant tax period.

Failure to comply with those documentation requirements attracts penalties generally calculated at 3% of the transaction value, with a cap not exceeding 3% in cases of multiple violations.

Additionally, a new definition of “royalty” has been introduced. Royalty payments now explicitly cover copyrights, patents, designs, technical know-how, software use, film and video rights, ancillary activities and partial or total forbearance relating to such rights.

The Act repeals the investment allowance, which previously permitted a 5% deduction of qualifying asset costs from business income. Furthermore, redundancy payments and payments for termination or loss of employment are no longer subject to tax.

Corporate income tax and several withholding tax rates have been revised. Adjustments affect taxes on rent, dividends paid to non-residents, interest paid to non-residents, contractor payments to non-residents and management and professional fees for non-residents.

Corporate Social Responsibility (CSR) provisions have also been updated. Taxpayers engaging in CSR activities that complement Government priorities may now claim a 25% tax credit on qualifying expenses. In addition, rental income tax will apply to the imputed market value of owner-occupied premises used for business purposes.

The Finance Act 2026 introduces important changes to the Goods and Services Tax framework.

To promote affordability and support the energy transition, GST exemptions and zero-rated supplies have been expanded to include the supply of water (including sachet water, excluding bottled and high-end domestic water), mini-grids, renewable energy systems, solar home systems, raw fish imports (excluding processed or packaged fish), LPG cooking systems, clean-cooking equipment, and related accessories.

The Act clarifies that GST is payable at the end of the following month and updates enforcement provisions by repealing Section 40A and replacing Section 100 of the GST Act.

Significantly, digital services supplied by non-residents for use or consumption in Sierra Leone are now deemed taxable. Non-resident digital suppliers must charge GST on the value of digital services and are required to appoint a local representative if they do not have a physical presence in the country.

The law also strengthens Electronic Cash Register (ECR) compliance. Businesses must ensure continuous and uninterrupted use of compliant ECR machines and replace any faulty devices at a cost determined by the Commissioner-General and published in the Gazette.

Goods and services supplied to international organizations operating under parliament-approved agreements remain exempt from GST, subject to verification through the GST Relief Certificate regime.

The Act revises excise duty rates on several products, particularly tobacco and related items.

Unmanufactured and manufactured tobacco now attract NLe 98 per kilogram, while cigarettes containing tobacco are taxed at NLe 3 per packet of 20 sticks. Cigars, cheroots, and cigarillos are subject to NLe 38 per packet of 20 sticks. Electronic cigarettes are taxed at NLe 0.75 per milliliter, and vape cartridges at NLe 1.20 per unit. Shisha tobacco is taxed at NLe 98 per kilogram and NLe 225 per litre.

Excise duties on cement and petroleum products have also been introduced or adjusted. Cement is now subject to NLe 10 per 50kg bag, while various petroleum products, including kerosene, petrol, diesel, fuel oil, and lubricating oil, are subject to revised per-litre excise rates.

New excisable items now include bagged or packaged cement, fertilizer, cooking oil in containers, and bagged or packaged sugar.

The Act introduces new customs duties on selected imported goods. Imported tomato ketchup and sauces, tomato paste, eggs, bottled water, and Maggi cubes now attract a 35% tariff rate.

In contrast, to encourage clean energy adoption, LPG cylinders (6kg–12kg), LPG stoves and accessories, solar panels under 300W, and solar home system accessories are exempted with a 0% tariff rate.

Demurrage provisions have also been amended. The new law provides for 10 calendar days of demurrage-free period, excluding Sundays and public holidays. The provision applies to both imports and exports but excludes delays caused by carriers.

Updated royalty rates for granite and dimension stones take effect from May 2025. Stones other than dimension stones and marble are set at US$17.50 per metric ton, while dimension stones and marble attract US$35 per metric ton.

Annual Vehicle Circulation Permit levies have been revised. Cars, trucks, and three- and four-wheelers (excluding motorbikes and bicycles) are now charged NLe 500 annually, while motorbikes attract NLe 200. Large boats and vessels exceeding 15 seats are subject to US$1,000 or its Leone equivalent.

The fee for obtaining a Tax Clearance Certificate has been standardized at NLe 100 for all categories of taxpayers. Vessel manifests must now be submitted seven days before arrival to the Commissioner-General, with failure attracting a penalty of 25% of the value of the goods.

With these comprehensive reforms, the Finance Act 2026 signals a renewed drive by government to strengthen fiscal sustainability, enhance transparency, and ensure that businesses and individuals operate within a more robust and modernized tax regime.

Vice President Deepens Development Partnerships to Advance Sierra Leone’s National Agenda

By Amin Kef (Ranger)

The Vice President of the Republic of Sierra Leone, Dr. Mohamed Juldeh Jalloh, has intensified high-level engagements with key development partners as part of renewed efforts to accelerate the country’s Medium-Term National Development Plan (MTNDP) and strengthen the delivery of quality healthcare services.

Speaking on his recent diplomatic and technical outreach, the Vice President disclosed that over the past week he held strategic discussions with several partners, including the Regional Coordinator of Catholic Relief Services (CRS) and the new Chinese Ambassador to Sierra Leone, Zhao Yong. The engagements focused on mobilizing programmatic and technical support aligned with Government priorities under the MTNDP.

According to the Vice President, the discussions provided an opportunity to update partners on critical national reforms, particularly the newly developed Health Financing Strategy and its central role in the implementation of the recently endorsed Health Compact. The Health Compact serves as a national framework aimed at delivering quality, accessible, and equitable healthcare services through the strengthening of primary healthcare systems across the country.

Dr. Mohamed Juldeh Jalloh emphasized that the Health Financing Strategy is designed to ensure sustainable funding for the health sector, improve efficiency in resource utilization and enhance accountability in service delivery. He noted that effective implementation of the Health Compact depends largely on strong partnerships and coordinated support from development actors, both bilateral and multilateral.

The Vice President’s meeting with Ambassador Zhao Yong was also described as a significant step toward reinforcing long-standing bilateral relations between Sierra Leone and China. Discussions reportedly explored areas of cooperation that align with Sierra Leone’s development agenda, including infrastructure development, energy, agriculture and construction; sectors considered vital for economic growth, job creation and national resilience.

Those engagements come at a time when the Government is intensifying efforts to attract strategic investment and technical expertise to support its development objectives in early 2026 and beyond. Vice President Dr. Mohamed Juldeh Jalloh reaffirmed the Government’s commitment to maintaining open dialogue with development partners, ensuring policy coherence and translating diplomatic engagements into tangible benefits for citizens.

He further assured partners of Sierra Leone’s readiness to provide the necessary policy and institutional environment to support effective collaboration, stressing that sustained development requires shared responsibility, mutual trust and a clear alignment of national and partner priorities.

The latest round of engagements underscores the Government’s proactive approach to diplomacy and development, positioning Sierra Leone to make measurable progress in healthcare delivery and broader socio-economic transformation.