Sierra Leone drops 15 places on international business ranking
According to reliable international sources, Sierra Express Media was duly informed that Sierra Leone has dropped 15 places from 148 to 163 out of 190 countries in “Ease of Doing Business”. Applicable to our outreach, it was revealed that the Republic of Sierra Leone was categorized as such due to the alarming Human Rights violations ,unlawful arrests and detention of the past government functionaries, summary dismissal of civil servants, political intimidations, tribal and regional sentiments in governance, among others by the SLPP led government of president Julius Maada Bio (in photo).
However, it was updated that investors are scared of the aforementioned societal threats that are ongoing in the country adding that there is no enabling environment and sustainable peaceful co-existence to invest hugely on various sectors within the country. This newspaper was informed of the massive destruction of properties and killings that took place when the leading government came into governance, all in the name of political vendetta.
By and large, another concern was raised in relation to the recent demonstration in the UK by Sierra Leoneans and British citizens with regards Human Rights abuses across the country. The British MP, Neil Coyle took the lead with his colleague Harriet Harman to Downing Street, raising concerns about Human Rights abuses.
A further factor scaring investors away is the hostile tax rates.
By: Allieu Badara Kamara
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