Senior and Junior Staff of Rokel Commercial Bank Laud Dr. Walton Gilpin’s Reappointment as CEO |


The reappointment of Dr. Walton Ekundayo Gilpin (COOR, HCIB) as Managing Director and Chief Executive Officer of Rokel Commercial Bank (RCBank) has sparked widespread celebration within the institution, with both the Senior and Junior Staff Associations praising the decision as a vote of confidence in his transformational leadership and service to the nation.

In an official congratulatory message, the Senior Staff Association described Dr. Gilpin’s reappointment by His Excellency President Julius Maada Bio as a “well-deserved” affirmation of his exceptional performance and steadfast commitment to excellence.

“Under your dynamic and visionary stewardship, RCBank has grown in strength, reputation, and resilience,” the message reads. “Your leadership has inspired innovation, fostered a culture of accountability, and positioned the Bank as a shining model of integrity and performance within the financial sector.”

The Association reaffirmed its unwavering loyalty and pledged continued support for Dr. Gilpin’s leadership, expressing optimism that RCBank will reach even greater heights under his renewed mandate.

Similarly, the Junior Staff Association expressed heartfelt congratulations and gratitude, noting that Dr. Gilpin’s reappointment is not just a management decision but a reflection of national confidence and a powerful endorsement of his visionary leadership.

“Your leadership has been nothing short of phenomenal,” the Association stated. “You have transformed Rokel Commercial Bank into a dynamic, technology-driven institution that competes at both national and regional levels, while also empowering staff especially junior employees to pursue excellence.”

The Junior Staff Association also extended appreciation to President Bio for what they called a “wise and forward-looking decision” that reinforces his administration’s support for impactful, result-driven leadership in public institutions.

Dr. Gilpin’s reappointment is widely seen as a testament to his proven track record. Since taking the helm, he has steered RCBank through a period of remarkable growth and modernization.

One of his most significant achievements has been the successful recapitalization of the bank, increasing its operating capital from Le 91 billion to Le 271 billion. This made RCBank the first commercial bank in Sierra Leone to surpass the Central Bank’s capital requirement within a year a feat widely praised in the banking sector.

Dr. Gilpin currently oversees 18 branches and 9 outlets across the country and has demonstrated a firm commitment to expanding access to banking services. His drive for financial inclusion has seen the deployment of additional ATMs, introduction of digital banking platforms, and development of tailored financial products aimed at reaching underserved communities.

As he begins this new chapter, both senior and junior staff have reaffirmed their support and trust in his leadership, describing him as a unifying figure whose integrity, vision, and performance continue to inspire hope and pride within the institution.




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Air Sierra Leone Warns Travelers Against Unauthorized Winter Ticket Sales |


Air Sierra Leone has issued a formal advisory warning travelers and the general public to refrain from purchasing airline tickets for the upcoming November December period through unofficial channels.

The airline clarified that tickets for the winter season have not yet been released and any current offers circulating online particularly those on UK-based travel websites are unauthorized and invalid.

According to a public notice signed by Augustine Bona, the airline’s Head of Commercial, these fraudulent sales are being carried out by individuals and agencies falsely presenting themselves as legitimate agents of Air Sierra Leone. The airline emphasized that official tickets will only be available through its website and authorized Sales Representatives.

“We urge all passengers to verify sources and avoid falling victim to schemes that could result in loss of funds or denied boarding,” the notice stated.

Air Sierra Leone has vowed to take decisive legal action against perpetrators engaged in deceptive practices or misrepresentation of the company.

This warning comes amid increased demand for holiday travel, making unsuspecting travelers more vulnerable to ticketing fraud. The airline’s move is widely seen as a proactive effort to safeguard public trust and ensure the integrity of its booking system.

Travelers are advised to monitor the airline’s official channels for accurate updates and refrain from making purchases until a formal announcement is made.




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Africell Sierra Leone Launches Easy SIM Update with National Identification Number (NIN) |


Africell Sierra Leone is making it simpler than ever for customers to update their SIM cards with their National Identification Number (NIN).

With just a few quick steps, subscribers can now complete the process themselves from the comfort of their phones.

To update, customers simply need to dial *999# and follow the on screen instructions. After entering their NIN, they only need to provide their year of birth.

For those who prefer in person assistance, Africell’s POS shops across the country are ready to help customers update their SIMs hassle free.

Mr. Abdul Kamara, Africell’s Customer Experience Manager, stated, “We are committed to providing our customers with easy, secure, and convenient ways to stay connected while complying with national regulations. This SIM update process empowers our subscribers to take control and update their details at their convenience.”

Africell reminds those without a NIN to visit the National Civil Registration Authority (NCRA) office to obtain their National Identification Card.

A spokesperson from NCRA added, “Obtaining your National Identification Card is essential for accessing various services, including SIM registration. We encourage all Sierra Leoneans to register promptly.”

This initiative is part of Africell’s commitment to ensuring seamless connectivity and compliance with national regulations.




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Bank of Sierra Leone Cuts Monetary Policy Rate Amid Declining Inflation |


The Monetary Policy Committee (MPC) of the Bank of Sierra Leone (BSL), following its quarterly meeting on July 24, 2025, has announced a significant reduction in its key policy rates, effective July 29, 2025.

The move aims to sustain macroeconomic stability, address inflationary pressures, and stimulate private sector credit.

The Monetary Policy Rate (MPR) has been reduced by 2 percentage points to 21.75%. Concurrently, the Standing Lending Facility Rate (SLFR) has been lowered to 23.75%, and the Standing Deposit Facility Rate (SDFR) to 14.25%. These adjustments were approved by the BSL’s Board of Directors on July 28, 2025.

According to the MPC, the decision was premised on several positive developments:

  • Declining Inflation: Inflationary pressures have continued to ease, with headline inflation dropping to 7.10% in June 2025, down from 7.55% in May 2025. This follows a reported 13.8% in December 2024.
  • Falling Treasury Bill Rates: There has been a further reduction in the 364-day Treasury Bill rate, falling from 20.40% on June 12, 2025, to 15.77% on July 17, 2025, attributed to ongoing fiscal consolidation efforts by the government.
  • Improved Economic Activity: Real GDP growth is projected to increase to 5.5% in 2025, a rise from 4.4% in 2024. The BSL’s Composite Index of Economic Activity (CIEA) indicates a slight slowdown in economic activity in the second quarter of 2025.
  • Private Sector Credit Growth: A slight decrease in private sector credit growth was noted, from 3.72% of GDP in March 2025 to 3.69% of GDP in May 2025.
  • Stable Exchange Rate: The Leone/US Dollar exchange rate has remained relatively stable, supported by monetary and fiscal policy coordination, leading to improved market sentiment.

Despite these positive trends, the MPC acknowledged that global economic uncertainty remains a risk.

The MPC emphasized that the balance of risks to the inflation outlook has shifted downwards. Therefore, a more consistent monetary policy stance is being adopted to align with developments in the money market, stimulate private sector credit, and enhance price stability.

The committee reiterated its commitment to maintaining price stability and will continue to recommend adjustments to the monetary policy stance before the next MPC meeting, should market conditions warrant. The next MPC meeting is scheduled for September 25, 2025.

The statement was issued by Dr. Ibrahim L. Stevens, Governor of the Bank of Sierra Leone.




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Governments of Sierra Leone and Liberia to Eliminate Cross-Border Call Charges |


The governments of Sierra Leone and Liberia have taken a major step towards enhancing regional connectivity by signing a Memorandum of Understanding (MoU) to launch Free Roaming services. 

This initiative, supported by the Economic Community of West African States (ECOWAS), aims to eliminate cross-border call charges, facilitating smoother communication between the two countries.

The announcement was made during the “Connecting Nations, Empowering Citizens” conference held in Liberia, which gathered representatives from regulatory bodies, mobile network operators, development partners, and policymakers from across West Africa.

The delegation was led by Mr. Amara Brewah, Director General of the National Communications Authority (NatCA), who emphasized the commitment of both governments to advancing digital integration in the region.

The conference notably reflects two pivotal milestones: the introduction of seamless roaming services between Sierra Leone and Liberia, and the signing of an additional MoU to establish roaming agreements with Côte d’Ivoire.

Brewah stated that those developments are crucial for enhancing regional trade, improving mobility, and expanding digital connectivity. He noted that the Free Roaming service aligns with ECOWAS’ ongoing efforts to promote greater unity among member states.

The new Free Roaming service is expected to benefit both citizens and businesses by making communication more accessible and affordable, thereby fostering stronger ties between Sierra Leone and Liberia.




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Governments of Sierra Leone and Liberia to Eliminate Cross-Border Call Charges


The governments of Sierra Leone and Liberia have taken a major step towards enhancing regional connectivity by signing a Memorandum of Understanding (MoU) to launch Free Roaming services. 

This initiative, supported by the Economic Community of West African States (ECOWAS), aims to eliminate cross-border call charges, facilitating smoother communication between the two countries.

The announcement was made during the “Connecting Nations, Empowering Citizens” conference held in Liberia, which gathered representatives from regulatory bodies, mobile network operators, development partners, and policymakers from across West Africa.

The delegation was led by Mr. Amara Brewah, Director General of the National Communications Authority (NatCA), who emphasized the commitment of both governments to advancing digital integration in the region.

The conference notably reflects two pivotal milestones: the introduction of seamless roaming services between Sierra Leone and Liberia, and the signing of an additional MoU to establish roaming agreements with Côte d’Ivoire.

Brewah stated that those developments are crucial for enhancing regional trade, improving mobility, and expanding digital connectivity. He noted that the Free Roaming service aligns with ECOWAS’ ongoing efforts to promote greater unity among member states.

The new Free Roaming service is expected to benefit both citizens and businesses by making communication more accessible and affordable, thereby fostering stronger ties between Sierra Leone and Liberia.




Source link

Bank of Sierra Leone Cuts Monetary Policy Rate Amid Declining Inflation


The Monetary Policy Committee (MPC) of the Bank of Sierra Leone (BSL), following its quarterly meeting on July 24, 2025, has announced a significant reduction in its key policy rates, effective July 29, 2025.

The move aims to sustain macroeconomic stability, address inflationary pressures, and stimulate private sector credit.

The Monetary Policy Rate (MPR) has been reduced by 2 percentage points to 21.75%. Concurrently, the Standing Lending Facility Rate (SLFR) has been lowered to 23.75%, and the Standing Deposit Facility Rate (SDFR) to 14.25%. These adjustments were approved by the BSL’s Board of Directors on July 28, 2025.

According to the MPC, the decision was premised on several positive developments:

  • Declining Inflation: Inflationary pressures have continued to ease, with headline inflation dropping to 7.10% in June 2025, down from 7.55% in May 2025. This follows a reported 13.8% in December 2024.
  • Falling Treasury Bill Rates: There has been a further reduction in the 364-day Treasury Bill rate, falling from 20.40% on June 12, 2025, to 15.77% on July 17, 2025, attributed to ongoing fiscal consolidation efforts by the government.
  • Improved Economic Activity: Real GDP growth is projected to increase to 5.5% in 2025, a rise from 4.4% in 2024. The BSL’s Composite Index of Economic Activity (CIEA) indicates a slight slowdown in economic activity in the second quarter of 2025.
  • Private Sector Credit Growth: A slight decrease in private sector credit growth was noted, from 3.72% of GDP in March 2025 to 3.69% of GDP in May 2025.
  • Stable Exchange Rate: The Leone/US Dollar exchange rate has remained relatively stable, supported by monetary and fiscal policy coordination, leading to improved market sentiment.

Despite these positive trends, the MPC acknowledged that global economic uncertainty remains a risk.

The MPC emphasized that the balance of risks to the inflation outlook has shifted downwards. Therefore, a more consistent monetary policy stance is being adopted to align with developments in the money market, stimulate private sector credit, and enhance price stability.

The committee reiterated its commitment to maintaining price stability and will continue to recommend adjustments to the monetary policy stance before the next MPC meeting, should market conditions warrant. The next MPC meeting is scheduled for September 25, 2025.

The statement was issued by Dr. Ibrahim L. Stevens, Governor of the Bank of Sierra Leone.




Source link

Africell Sierra Leone Launches Easy SIM Update with National Identification Number (NIN)


Africell Sierra Leone is making it simpler than ever for customers to update their SIM cards with their National Identification Number (NIN).

With just a few quick steps, subscribers can now complete the process themselves from the comfort of their phones.

To update, customers simply need to dial *999# and follow the on screen instructions. After entering their NIN, they only need to provide their year of birth.

For those who prefer in person assistance, Africell’s POS shops across the country are ready to help customers update their SIMs hassle free.

Mr. Abdul Kamara, Africell’s Customer Experience Manager, stated, “We are committed to providing our customers with easy, secure, and convenient ways to stay connected while complying with national regulations. This SIM update process empowers our subscribers to take control and update their details at their convenience.”

Africell reminds those without a NIN to visit the National Civil Registration Authority (NCRA) office to obtain their National Identification Card.

A spokesperson from NCRA added, “Obtaining your National Identification Card is essential for accessing various services, including SIM registration. We encourage all Sierra Leoneans to register promptly.”

This initiative is part of Africell’s commitment to ensuring seamless connectivity and compliance with national regulations.




Source link

Air Sierra Leone Warns Travelers Against Unauthorized Winter Ticket Sales


Air Sierra Leone has issued a formal advisory warning travelers and the general public to refrain from purchasing airline tickets for the upcoming November December period through unofficial channels.

The airline clarified that tickets for the winter season have not yet been released and any current offers circulating online particularly those on UK-based travel websites are unauthorized and invalid.

According to a public notice signed by Augustine Bona, the airline’s Head of Commercial, these fraudulent sales are being carried out by individuals and agencies falsely presenting themselves as legitimate agents of Air Sierra Leone. The airline emphasized that official tickets will only be available through its website and authorized Sales Representatives.

“We urge all passengers to verify sources and avoid falling victim to schemes that could result in loss of funds or denied boarding,” the notice stated.

Air Sierra Leone has vowed to take decisive legal action against perpetrators engaged in deceptive practices or misrepresentation of the company.

This warning comes amid increased demand for holiday travel, making unsuspecting travelers more vulnerable to ticketing fraud. The airline’s move is widely seen as a proactive effort to safeguard public trust and ensure the integrity of its booking system.

Travelers are advised to monitor the airline’s official channels for accurate updates and refrain from making purchases until a formal announcement is made.




Source link

Senior and Junior Staff of Rokel Commercial Bank Laud Dr. Walton Gilpin’s Reappointment as CEO


The reappointment of Dr. Walton Ekundayo Gilpin (COOR, HCIB) as Managing Director and Chief Executive Officer of Rokel Commercial Bank (RCBank) has sparked widespread celebration within the institution, with both the Senior and Junior Staff Associations praising the decision as a vote of confidence in his transformational leadership and service to the nation.

In an official congratulatory message, the Senior Staff Association described Dr. Gilpin’s reappointment by His Excellency President Julius Maada Bio as a “well-deserved” affirmation of his exceptional performance and steadfast commitment to excellence.

“Under your dynamic and visionary stewardship, RCBank has grown in strength, reputation, and resilience,” the message reads. “Your leadership has inspired innovation, fostered a culture of accountability, and positioned the Bank as a shining model of integrity and performance within the financial sector.”

The Association reaffirmed its unwavering loyalty and pledged continued support for Dr. Gilpin’s leadership, expressing optimism that RCBank will reach even greater heights under his renewed mandate.

Similarly, the Junior Staff Association expressed heartfelt congratulations and gratitude, noting that Dr. Gilpin’s reappointment is not just a management decision but a reflection of national confidence and a powerful endorsement of his visionary leadership.

“Your leadership has been nothing short of phenomenal,” the Association stated. “You have transformed Rokel Commercial Bank into a dynamic, technology-driven institution that competes at both national and regional levels, while also empowering staff especially junior employees to pursue excellence.”

The Junior Staff Association also extended appreciation to President Bio for what they called a “wise and forward-looking decision” that reinforces his administration’s support for impactful, result-driven leadership in public institutions.

Dr. Gilpin’s reappointment is widely seen as a testament to his proven track record. Since taking the helm, he has steered RCBank through a period of remarkable growth and modernization.

One of his most significant achievements has been the successful recapitalization of the bank, increasing its operating capital from Le 91 billion to Le 271 billion. This made RCBank the first commercial bank in Sierra Leone to surpass the Central Bank’s capital requirement within a year a feat widely praised in the banking sector.

Dr. Gilpin currently oversees 18 branches and 9 outlets across the country and has demonstrated a firm commitment to expanding access to banking services. His drive for financial inclusion has seen the deployment of additional ATMs, introduction of digital banking platforms, and development of tailored financial products aimed at reaching underserved communities.

As he begins this new chapter, both senior and junior staff have reaffirmed their support and trust in his leadership, describing him as a unifying figure whose integrity, vision, and performance continue to inspire hope and pride within the institution.




Source link