Investment

Marketers decry lack of business

A NewDawn’s survey reveals that marketers in Margibi County are seriously complaining about the lack of business transaction. Marketers in Kakata, Weala and areas of Firestone in Margibi lamented that customers hardly go to their various stalls to buy, which is causing their products to rot. They sell various foodstuffs such as rice, pepper, oil, fish, and biscuits, among others. Others are involved in the sale of used clothes, cosmetics, and varieties of skin products.

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ArcelorMittal conducts Livelihood Program in Nimba

ArcelorMittal Liberia’s Livelihood Program for affected persons from around Mt. Tokadeh footprint in Nimba County continues despite the Ebola here, with Land Access, Livelihood Restoration, Vulnerable People Assistance Program, and Cultural Heritage Management forming key components of the current scope of activities.

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Timber Union rejects $150m deal

The Liberia Timber Union Association or LTA has strongly rejected a US$150m forest deal recently signed between Liberia and Norway, demanding a public debate on the letter of intent. The LTA’s President Rudolph Merab, told reporters at Mamba Point Hotel in Monrovia Monday that they will not accept a repeat of the 2006 scenario where all concession agreements were illegally cancelled by an Executive Order.

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European Bank supports upgrade at RIA

An agreement signed for urgently needed work to upgrade the runway and address safety at Liberia’s main airport, the Roberts International Airport is being supported by Europe’s long-term lending institution, the European Investment Bank, following an agreement signed in Washington D.C.

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LICPA gets new leadership

The Liberia Institute of Certified Public Accountants or (LICPA) has held its Annual General Meeting (AGM) and elected new corps of officers to steer the affairs of the institution for the next two years.

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Lonestar Cell MTN nullifies raffle draw

Lonestar Cell MTN has nullified the grand prize of its just ended Way Say Wasa promotion raffle draw won by one of its many subscribers, Uyto Bowier.

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LPRC reports US$600,000 loss

Authorities at the Liberia Petroleum Refining Company or LPRC have disclosed here that the entity lost 30% revenue or about US$ 600,000.00 as a result of the deadly Ebola outbreak last year.

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Coca-Cola announces expansion plans

Coca-Cola International has reaffirmed its commitment to further invest in Liberia as its contribution to postwar reconstruction terming its partnership as not just “a fair weather”.

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Mount Coffee Hydro project resumes May

The paper has been hinted that the Mount Coffee Hydropower Rehabilitation project resumes next month in preparation for the mobilization of project contractors in June 2015.

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ArcelorMittal turns over 60-bed unit to Nimba

The management of ArcelorMittal has handed over a 60-bed Ebola Unit to the Nimba County Health Team, the first ever in the county to serve both as an isolation unit and treatment center.

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