Markets


Minister Addy and a display of African arts and crafts

Local Content Now Tops GoL Agenda

If revelations made by the Minister of Commerce and Industry, Axel Addy during the US Embassy’s 10th biannual Arts and Crafts Fair are fully implemented, Liberian entrepreneurs, especially those dealing in locally produced goods now stand to benefit.

 Addressing scores of artists and crafts dealers who turned out on the embassy grounds to showcase their products, Minister Addy announced that President Ellen Johnson Sirleaf has signed into law the Small Business Empowerment Act.


Prof. Whitlock CEO of the Foundation

Tony Elumelu Foundation Appoints New CEO

The Board of Trustees of the Tony Elumelu Foundation has announced the appointment of Professor Reid E. Whitlock as chief executive officer (CEO) of the Foundation.

The appointment of Prof. Whitlock was announced last Sunday while Dr. Wiebe Boer, was similarly appointed the Inaugural Chief Executive of the Foundation; a position which puts him as director of Strategy at Heirs Holdings, Mr. Elumelu’s pan-African Proprietary Investment Company.


Mr. Jones Receiving the Award from Montserrado County Lawmaker, Muna Pelham Youngblood

UBA Wins Humanitarian Bank 2014

The United Bank for Africa (UBA) Liberia Limited has been named as the “Humanitarian Bank of the year 2014” for the role it continues to play in the fight against the Ebola virus disease (EVD).

The honor was bestowed upon UBA by the International Learning Institute (ILI) and its subsidiary, Gender International Magazine Publication and Resource Center, at the Champions of the Year Annual Award 2014. The ceremony was held last Saturday at a local resort in Monrovia.


Winner of the round trip ticket to and fro the United States, James Jallah stands with Patience Salee of FI Bank (r), Monrovia Mayor, Clara Doe Mvogo and FI Bank’s Deputy Managing Director, Rhonda Von Ballmoos

Couple, Others Wins FiBank “Save & Win” Campaign

The deputy security director for Administration at the West African Examination Council (WAEC) Monrovia office, James S. Jallah, and wife, Hannah Jallah, with other customers won a “Save & Win” promotion campaign from the First International Bank (FIBank) in Monrovia over the weekend.

“I haven’t participated in any raffle draw before or to have won a prize from somewhere, but this Fibank “Save & Win” Promotion has changed my experience when it comes to banking in Liberia.”


RUDALL Prez Kumakeh: “We have graduated from the high school of ‘Liberians not Good at Doing Business’ to college of entrepreneurship.”

Liberians No Longer Incompetent in Business

The president of the Rubber Dishes Dealers Association of Liberia (RUDDAL), Mr. George W. Kumakeh, has told President Ellen Johnson Sirleaf and foreign investors that the stereotype that Liberians were not good at doing business is now over.

According to Kumakeh, Liberians have now graduated from the “high school of not being able to do business. We are now enrolled at the college of entrepreneurship.”

Kumakehwas speaking Saturday during the formal opening by President Ellen Johnson Sirleaf of the Sethi Brothers-owned Duraplast plastic factory on the Bushrod Island.

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