Musa Bility, the chief executive officer of SRIMEX Oil and Gas company, one of Liberia’s leading petroleum suppliers, stepped down on Thursday, November 30, leaving Wadei Powell in charge of the company.
Election Climate Negatively Impacting Hotels and Restaurants
As the first round of the election saw large groups of elections observers swarm the country, high-end businesses like Boulevard Palace saw an increase in customer flow.
Nimba Citizens Demand More Details About Scrap Sale
A deal has been agreed upon to sell Nimba’s decades-old mining scraps to two companies, Sethi Ferro Fabrik and North Star Industry, Inc.; however, citizens have demanded that the details of the contract be made public.
Ganta Traders Attribute Increased Economic Hardship to Election Impasse
Traders in Nimba’s commercial hub, Ganta, are complaining that the uncertainty caused by the current impasse in the elections is making it much more difficult to do business.
Doing Business 2018 Report: Has Liberia Made Impactful Reforms?
The 15th iteration of the Doing Business Report, a flagship product of the World Bank Group, has been released, with Liberia placing 172nd. That rank is two places higher than the previous year when the country ranked 174th out of 190 economies worldwide.
Young Liberian Entrepreneur Listed Among Finalists for 2017 Anzisha Prize
Africa’s premier award for young entrepreneurs recognizes those who have developed and implemented innovative solutions to social challenges or started successful businesses within their communities. Each year, 15 finalists from across Africa win a spot in a lifelong fellowship to accelerate their path to entrepreneurship success.
Businesses Still Spending Big on Fuel; Want to Benefit from Mt. Coffee
Despite the rehabilitation of the Mount Coffee Hydroelectric Power Plant, many large businesses in the country are still spending huge sums of money to purchase fuel to run generators that supply their businesses with power.
Draft Laws on Standard and Food Regulation Completed and Validated
Barely a week after stakeholders discussed the need to establish legislations to better regulate food in Liberia, draft bills have been prepared and validated.