Investment


The new owners display their Certificate of Ownership of the new housing unit in Brewerville

GOL Must Invest in Housing Sector

President Ellen Johnson Sirleaf has underscored the need for the Government of Liberia (GOL) to increase investment in the housing sector. She observed that public investment in housing would be of great relief to low-income earners, giving them the opportunity for better homes and accommodations. She noted that affordable housing creates more jobs and incomes that contribute to the overall improvement of the economy.


Mr. Arthur Fumbah

Baker Tilly Liberia Admits Arthur Fumbah as Partner

Baker Tilly Liberia, a member firm of one of the world’s top ten accountancy and business advisory networks, has admitted Arthur Wolobah Bomo Fumbah as partner.  He now joins two other former senior colleagues and accomplished Liberian professional accountants, George Fonderson and Theophilus Dekonty Joseph, at the same rank. Together, the three partners now run Baker Tilly Liberia.


(L-r) Mr Uzoka, CEO of UBA Africa and Mr Otieno, ATI’s CEO

To Boost Regional and International Trade UBA, ATI Sign Partnership Agreement

The United Bank for Africa (UBA), one of the largest financial services group in Africa, has entered into  partnership with the African Trade Insurance Agency (ATI) to ease the flow of credit to clients engaging in regional and international trade.

The partnership was announced on Monday September 22, 2014 in Nairobi Kenya, after officials of both institutions, led by Mr. Kennedy Uzoka, CEO, UBA Africa and George Otieno, ATI’s Chief Executive Officer signed the agreement to formalize the deal.

Ebola Fear Forces Chinese Merchants Out Of Liberia

The deadly Ebola scourge is apparently forcing scores of foreign nationals out of Liberia.

The latest group of foreign nationals who are departing Liberia are Chinese merchants, who hitherto were trading at various commercial districts across Monrovia.

Whether the Chinese vendors’  departure from Liberia is informed by diplomatic advisory from the Chinese Embassy near Monrovia has not been established by the Daily Observer.


Once rejected and challenged, Sime Darby now making breakthrough

Sime Darby to Build US$10M Palm Oil Mill

Sime Darby Plantation Liberia (SDPL) has made a major breakthrough in its investment in Liberia as the company breaks ground for the construction of a modern palm oil mill value at about US$10 million in the country. The ground breaking ceremony took place on Wednesday July 16 at the company’s plantation in Garwula District, Grand Cape Mount County. If completed, the palm oil mill will be the Malaysian company’s first-ever palm mill in Africa.

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