Markets

Liberian Cocoa Not Valued Fairly

An international cocoa consultant, Dr. Andrew Lambert has observed that cocoa produced by Liberian smallholder farmers is not independently graded at the local level and as a result they do not receive payment according to the true value of their products.
According to Dr. Lambert, cocoa produce coming into Liberia from the Ivory Coast is either incorporated into village-level cocoa or transshipped, either formally or informally, through Liberia for export.


Speaker Tyler cuts ribbon to the new cassava processing facility as LBI CEO, Madam Rugie Barry, and others observe the process

Some products that were processed and packaged at the facility

Liberia Business Incubator Cassava Processing Facility Inaugurated

The United States Agency for International Development Food and Enterprise Development (USAID FED) Program, in collaboration with the Government of Liberia (GoL), has inaugurated the Liberia Business Incubator (LBI) Cassava Processing Facility in Lower Virginia, Montserrado County.

Liberia Business Incubator is a fully incorporated Liberian owned and run agricultural  holding firm created in 2010 to tackle food insecurity in the country by improving the livelihoods of farmers and providing them with increased access to domestic and international food markets.


Total-Liberia

TOTAL Ordered to Pay over US$10M Damages

Total-Liberia, one of the leading suppliers of petroleum products in Liberia, was last Friday found guilty by the Civil Law Court, at the Temple of Justice for damages as a result of breach of contract.

The court also ordred Total to pay US$10,475,626,60 as loan interest and other damages suffered  by Princess Transport Incorporated.

There was an arrangement for the transport company to import 14 tanker trucks to be manufactured and designed according to the specification of Total-Liberia.

Greek-controlled Ships in Liberian Registry Total 61 Vessels

ATHENS: Figures released by the Greece Shipping Cooperation Committee (GSCC) show that Liberia has further strengthened its position as the undisputed leading open registry of choice for Greece ship owners and operators.

The GSCC statistics show that, in the year to end-March 2015, the number of Greek-controlled ships in the Liberian Registry increased by a net total of 61 vessels, more than any other registry in the world. In the process, the Liberian Registry moved closer to the Greek flag, which recorded a net total of 20 new registrations in the 12-month period.


View of the new headquarters at Freeport

Customs Brokers Get New Headquarter

Since the establishment of the National Customs Brokers Association of Liberia (NCBAL) in the late 70s, this is the first time it has owned a headquarter at the Freeport of Monrovia.

Ivan Tumbey, president of the NCBAL, who spoke at the dedicatory ceremony, challenged employees of the union to take their jobs serious especially as they have gotten their own place.

Mr. Tumbey said that the new headquarters also put the business community in a good standing with Central Bank of Liberia (CBL) and other investors to do business with them in a decent atmosphere.

Pages

Liberian Observer

E-mail us
 
Advertise:
Web rates:
 
Ads contact:
 
Call us
+231 775 984 124
 
Find us on Facebook
 
Twitter@libobserver
 
Find our e-editions (PDFs) online:
 
P.O. Box 1858
Monrovia, Liberia
Liberia

Subscriber Links

Comment Here