In a bid to promote post Ebola economic recovery, Jolak’s Manufacturing Company a joint venture business between some Sierra Leoneans and foreign investors has invested US$1.2m in the processing of vegetable oil ‘MAMA PADI’ and production of laundry soap at Wellington Industrial Estate in Freetown. (Photo: General Manager of Jolak’s Manufacturing Company, Mukish Patel making a statement at the public disclosure)
GM Mukish Patel has disclosed during a public disclosure session on their Environmental Social Health Impact Assessment at Mas Complex Calba Town that the company will create jobs for locals and also increase tax generation for Government.
A popular Ghanaian business tycoon in the sub-region, Joseph Siaw Agyepong, Chief Executive Officer of the Jospong Group of Companies has said in Freetown that Sierra Leone has lots of potentials and that the country is sweet to do business. Joseph Siaw Agyepong jets into the country on Sunday 19th February 2012 to carryout feasibility study on some of the potentials in the country and see how best he can work with the government of Sierra Leone. He was welcomed by key government officials at the Freetown International Airport in Lungi and at the Government Wharf in Freetown. After Dr. Joseph Siaw Agyepong landed on the soil of sierra Leone for the first time, he was conveyed by the government officials to the Bintumani Hotel and later went to the residence of the Minister of Information and Communication and later saw the President, Dr Ernest Bai Koroma at State House. He had held fruitful discussions with government functionaries on best ways in which he can invest in the government printing sector in Sierra Leone.
I’m just sort of getting people to understand that Sierra Leone is open for business and a lot of the stuff out there about Sierra Leone are inaccurate,” said the Managing Director of Visit Sierra Leone (VSL), Abimbola Carrol. VSL on Tuesday ushered in 107 tourists from different nationalities on site seeing in Freetown, Sierra Leone. The VSL MD explained that Sierra Leone “is a very misunderstood country and we’ve been sort of trying to get people to visit the country, because we believe that if people visit Sierra Leone whatever negative perception they previously had will dramatically change.” The local facilitating agency explained that this is not their first rodeo. “We’ve been organizing such tours for quite a few years now; unfortunately, we’ve not been able to organize such a tour for about two years now, so this is the first cruise ship tour that has come to Sierra Leone since after ebola.
Almost exactly one year ago I wrote an article reacting to government’s decision at the time to reduce fuel pump price from Le4,500 to Le3,750 only because the price of crude oil had slumped from $100 in august 2014 to $48 a barrel in January, 2015. I said it was not only not wise, but also not strategic.