Author Archives: Jackson P. Foyofayiah

President Weah Submits Bill For African Export-Import Bank

The Plenary of the House of Representatives has mandated its Committee on Banking and Currency and Judiciary to scrutinize a legislation seeking the establishment of the African Export-Import Bank (AFREXIMBANK) in Liberia. “I am pleased to resubmit to your Honorable Body for ratification a bill titled: An Act ratifying the agreement for the establishment of the African Export-Import Bank (AFREXIMBANK),

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CBL Places Five ‘Troubled’ Insurance Companies On Radar

The Central Bank of Liberia (CBL) has placed five insurance companies under provisional administration. The companies, according to CBL assessments, have significant capital deficits and have consistently fallen below the capital requirements for licensed insurance companies since the first quarter of 2017. The CBL named the affected insurance companies as African Insurance Corporation of Liberia (AICOL), Capital Express Assurance Company

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NaFAA Gets Tough, Levies US$50,000 Fine On Fishing Company For Unauthorized Importation

The National Fisheries and Aquaculture Authority (NaFAA) has levied a fine of US$50,000 on the Management of Africa Zhong Sheng Hai Fishing Company for smuggling a whole consignment of fish on the Liberian Market. According to NaFAA press release, the operators of the Africa Zhong Sheng Hai fishing Company on June 8, 2018, secretly offloaded huge consignments of fisheries products

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Ex-Employees Demand Removal of LRA Commissioner General

Some aggrieved former employees of the Liberia Revenue Authority (LRA) early yesterday assembled in front of the Foreign Ministry on Capitol Hill in Monrovia, calling for the replacement of LRA Commissioner General, Madam Elfreda S. Tamba. The Foreign Ministry plays host to the offices of President George Manneh Weah. According to the head of the group, Samuel Richard Harmon, the

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Internal Conflict Rocks Liberia Muslims As They Call On Pres. Weah To Intervene

Muslims in Liberia are calling on President George M. Weah to intervene into an internal wrangling between the country’s National Muslim Council and the National Imam Council of Sheik Ali Krayee. It can be recalled prior to the celebration of the feast marking the end of this year holy month of Ramadan, Muslims in Liberia were in disunity as to

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NUCFDC Highlight Capacity Building For Affected Communities Of Commercial Logging

As part of efforts to sustain, educate and monitor commercial logging activities in Liberia, the National Union of Community Forestry Development Committee (NUCFDC), has officially launched a rigorous capacity building project aimed at equipping affected logging communities across the country. The project, which is titled “Tracking Progress: Strengthening Community Capacity to monitor benefits from commercial logging in Liberia” is being

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Over 37, 000 Infested With HIV In Liberia As Gays, Lesbians & Drug Addicts Tops Infested Percentage

The United Nations Program on HIV/AIDS or UNAIDS has released a damning report on the increasing wave of HIV/AID in Liberia. UNAIDS is leading the global effort to end AIDS as a public health threat by 2030 as part of the Sustainable Development Goals. UNAIDS Country Director, Madam Miriam Chipimo said currently, there are more than thirty-seven thousand people (37,000)

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