Business


Minister Amara Konneh: “Government aggressively pursuing post-Ebola recovery strategy.”

MFDP Konneh in Town Hall with Liberian Diaspora

Following successful World Bank IMF Spring Meetings in Washington, DC. Finance and Development Planning Minister Amara M. Konneh convened a town hall meeting in Philadelphia, USA on Sunday April 26th to apprise Liberians in the diaspora of happenings in the country.

Held at the Faith-Immanuel Lutheran Church on Penn Blvd under the auspices of the Liberian Association of Pennsylvania (LAP), the meeting focused on Liberia’s battle against Ebola and the Post Ebola socio-economic toll.


Two honorees Sheriff and Torfic Tarnue with CEMENCO officials

CEMENCO Honors Distributor, Employee

The Liberia Cement Corporation (CEMENCO) on Friday, April 25, honored one of its distributors, Vamuyan S. Sheriff as the “Highest Purchaser of Cement” and Torfic Tarnue as employee of the year 2014 to 2015.

The event brought together employees and officials as well as other distributors and was held at a local resort in Monrovia.

Mr. Sheriff, who runs the MaYanly Business Center Incorporated (MBCI), received the company’s prestigious award for the second time.

As a Liberian-owned business, MBCI was established in 2009. Sheriff received his first award in 2012.


Secretary General of the MCSSTA, Varmah B. Gray

MCSSTA Gets LD$2.5M Loan from CBL

The Monrovia Consolidated School System Teachers Association Credit Union (MCSSTA) has secured LD$2.5 million loan from the Central Bank of Liberia (CBL) to build the capacity of its members.

Speaking in an exclusive interview with the Daily Observer over the weekend in Monrovia, the secretary general of the MCSSTA, Varmah B. Gray, said the loan is intended to empower its members, as their welfare is cardinal to the leadership.


President Ellen Johnson-Sirleaf

‘Dr. Kaberuka Will be Missed’

President Ellen Johnson Sirleaf has described the outgoing African Development Bank president, Dr. Donald Kaberuka, as a great asset to the African continent.

He will be missed by Africa for his influential advocacy in advancing the interests and aspirations of the continent, and for his dedication to prioritizing the effective responses facing Africa in a dynamic global environment.


Ministers Konneh, Rokotoarimanana and Assane at a news conference

IMF Survey: Finance Ministers of Sub-Saharan Africa’s 3 Worst Economies Highlight Problems

Finance ministers from three fragile states in sub-Saharan Africa said their economies were struggling to get back on track.

The ministers from Liberia, Central African Republic, and Madagascar told a news conference during the IMF-World Bank Spring meetings in Washington that the slow global economy is making recovery more difficult.

Abdalla Kadre Assane, of the Central African Republic, said after almost three years of massive insecurity, the country lacks the resources required to stabilize its institutions ahead of general elections scheduled for August.

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