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Liberia’s leading GSM service provider, Cellcom Telecommunications Incorporated, has announced an unprecedented reduction in call rate from Cellcom to other competing GSM networks in the country.
The President of the Liberia Chamber of Commerce, Monie R. Captan has blamed Liberian entrepreneurs’ lack of growth on too much bureaucratic red tape in getting anything done in this country.
The Ministry of Commerce and Industry (MoCI) yesterday conducted a roundtable discussion on enhancing women entrepreneurship in the country.
Chinese iron ore mining giant, China Union Mining Limited, has signed a mouthwatering agreement with the National Port Authority (NPA) that allows the company to take over, repair, and construct the old Bong Mines’ Pier at the Freeport of Monrovia to export its iron ores from Liberia.
World Bank Group’s vice president for Africa, Mr. Makhtar Diop, has warned the Government of Liberia against investing in small increments of power (eg. 10 megawatts here and there), but instead must employ effort in one major energy program that would cover the country’s energy requirements for a long term.
The Government of Liberia has slashed its projected 2012 economic growth rate downward to 8.8% as it revises production levels of iron ore and rubber downward.
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