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QNet Empowers Women Through Financial Literacy, Business And Wellness


QNET, a global wellness and lifestyle-focused direct selling company, joins the United Nations and the world in celebrating International Women’s Day by reaffirming its commitment to empowering women in Ghana and across sub-Saharan Africa.

For years, QNET has supported women through initiatives like FinGreen, its financial literacy program designed to help women and young people take control of their financial future. By providing tailored education and training, FinGreen addresses key financial knowledge gaps, enabling women to make informed decisions. Alongside its direct selling business model and innovative products, QNET aligns with this year’s International Women’s Day theme: #AccelerateAction.

Empowering Women through FinGreen for Ripple Effects



Biram Fall, QNET’s Regional General Manager for sub-Saharan Africa, who is happiest when women get empowered, said: “Our FinGreen programme transforms women into financial champions, empowering them to become informed and confident leaders, a point of reference for families and communities, creating a ripple effect that is sustainable and widespread in their respective social circles. This is in consonance with a popular African saying that when you train and empower a woman, you empower a nation.”

Creating Opportunities for Women through QNET’s Business Model

He reaffirms: “We are accelerating action towards ensuring equal rights, equal opportunities and equal power for women. QNET’s business model ensures that women earn same commission from promoting the company’s wide range of health, wellness, lifestyle, personal care, education, holiday and technology products. The population of women on the African continent according to World Bank Open Data is estimated at 583.2 million, representing about 50.2% of the total population. Direct selling, therefore, offers a great opportunity for these women to thrive by being part of a global market that offers certified and exclusive products that can be sold to earn income and support families.”

Enhancing Quality of Wellbeing and Lifestyle through Innovative QNET Products

QNET, through its wide variety of health and wellness products, is enhancing the quality of life for women. These amazing products include the EDG3 Plus supplement for vitality, the Amezcua e-Guard X for energy balance, Chi-Pendant 4 that provides protection against radiation, Bio-Disc 3 that breaks down water chemicals for easy absorption, ProSpark Toothpaste, which combines effective oral hygiene with unique health benefits, Bernhard H. Mayer’s collection of watches and jewelleries and many more.

QNET’s commitment to women empowerment is not just for a day, it has been for the past 27 years and it is for a lifetime.

About QNET

QNET is a prominent lifestyle and wellness company that uses a direct selling business model to offer a wide selection of exclusive products that enable individuals to embrace a healthier, more balanced life.

Since 1998, QNET’s innovative products and e-commerce-driven business model have helped build a global community of satisfied customers and microentrepreneurs, who are driven by the mission of RYTHM – Raise Yourself To Help Mankind. Popular product brands offered by QNET include the Bernhard H. Mayer range of luxury watches and jewellery, HomePure range of home care products, the Amezcua wellness range, Physio Radiance personal care range, and QVI branded holiday packages.

QNET proudly holds memberships in the Direct Selling Association in several countries, the Hong Kong Health Food Association, the Health Supplements Industry Association of Singapore, and more. QNET is also active in several global sports sponsorships including in its role as the official direct selling partner of the Manchester City Football Club and the Confederation of African Football (CAF), underscoring its commitment to excellence and global reach.  Discover a world of new possibilities with QNET by visiting www.qnet.net

 



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How RCBank’s SME Scheme Transformed Alhaji’s Electronics and Phone Accessories Business


In today’s fast-paced and ever-evolving business environment, small and medium-sized enterprises (SMEs) play a pivotal role in driving innovation and creating jobs. Recognizing the unique challenges faced by SMEs, our bank introduced the SME Scheme—a comprehensive financial support initiative designed to empower entrepreneurs and help them scale their businesses.

One remarkable success story that stands out is that of Alhaji Bangura, also known as Alhaji Hotcake, an electronics and phone accessories seller who has benefitted from the scheme five times. His journey underscores the transformative power of accessible financial support, especially in an industry where competition is fierce and technology trends are constantly shifting.

When Alhaji first approached our bank for funding, he was operating at a modest scale, facing difficulties in meeting the increasing demand for electronics and phone accessories.

Through the SME Scheme, he received vital funding that allowed him to expand his inventory, upgrade his store infrastructure, and invest in marketing efforts to reach a larger audience. As a result, his sales surged, and he quickly gained traction in a highly competitive market.

The flexibility of the SME Scheme has been pivotal to his ongoing growth. With each subsequent funding round, he has been able to diversify his product offerings, purchase cutting-edge tech accessories, and streamline his operations for greater efficiency.

By leveraging the financial resources provided by the scheme, his business has stayed ahead of emerging market trends and continued to meet customer demands with agility and precision.

Not only has Alhaji Hotcake scaled his operations, but he has also witnessed a marked improvement in cash flow management, enabling him to reinvest in his business. The support provided through the SME Scheme has fueled his business growth and created a ripple effect, strengthening the local economy.

Today, Alhaji Hotcake is no longer just a small local business—he is a thriving player in the electronics and phone accessories market, with a growing customer base and a solid foundation for future growth. His success is a testament to the power of the SME Scheme in transforming businesses, enabling entrepreneurs to reach their full potential and make a lasting impact on the industry.

As RCBank continues to support entrepreneurs like Alhaji, we remain committed to fostering a dynamic and thriving SME ecosystem by providing businesses with the financial tools they need to succeed. This story exemplifies the positive outcomes that can be achieved when small businesses have access to the right resources at the right time.

If you pass by P.Z Roundabout, please patronize Alhaji Hotcake for all your electronics and phone accessories—he’s got you covered.

And always remember that RCBank is The Bank of Choice!



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NIB and NRA Partner to Streamline Business Registration and Boost Revenue Collection in Sierra Leone


The National Investment Board (NIB) and the National Revenue Authority (NRA) have announced a collaborative partnership aimed at simplifying business registration and improving revenue collection processes in Sierra Leone.

The initiative, discussed at a meeting held on February 3, 2025, reflects the government’s commitment to fostering a more attractive investment climate and driving economic growth.

Dr. Edward Hinga Sandy, Executive Director of the NIB, emphasized the significance of the partnership, linking the establishment of the NIB to President Julius Maada Bio’s vision for a stronger investment landscape. He highlighted ongoing government efforts to create a “one-stop shop” for business registration, facilitation, and retention, designed to streamline operations for investors while ensuring compliance with national regulations.



Dr. Sandy stressed the importance of collaboration with the NRA in improving the business environment, noting that a more efficient registration and revenue collection system would attract increased investment, encourage compliance, and generally create a more business-friendly atmosphere.

Echoing this sentiment, Mrs. Jeneba J. Bangura, Commissioner-General of the NRA, pledged the authority’s full support for the joint initiative. She underscored the importance of seamless revenue collection through automation and assured the NIB of the NRA’s commitment to enhancing the efficiency of the process.



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QNET Marks Father’s Day by Supporting And Empowering Dads With Business Opportunities And Wellness Solutions


QNET, a global lifestyle and wellness company that uses a direct-selling business model to promote unique products that enable people to take charge of their health, well-being, and lifestyle, has marked this year’s Father’s Day celebration by empowering dads around the world with business opportunities and wellness solutions.

Recognizing and celebrating the exceptional impact fathers have on shaping families, communities and the future, QNET is providing them with the chance to excel effortlessly in their roles through its direct selling business opportunity, along with products that enhance their wellness and lifestyle.

A report by daduniversity.com reveals that, “there is an intense pressure on fathers to provide financially for their families as raising a child comes with expenses. Although families come in various financial structures, the responsibility to contribute can weigh heavily.” QNET is dedicated to empowering aspiring entrepreneurs, particularly fathers, by providing them with the tools and support they need to succeed.



For fathers who aim to build a better future for their families, the company offers a platform that not only helps kick-start their businesses but also nurtures their growth. Through QNET’s business platform, fathers gain access to comprehensive product and business training and customer support, ensuring that they have the knowledge and skills necessary to thrive and feel empowered in their entrepreneurial journey.

“We believe that every father deserves the chance to succeed both professionally and personally,” said Biram Fall, Regional General Manager, QNET Sub-Saharan Africa. “Our mission is to provide fathers with the opportunities and resources they need to achieve their goals and support their families. Through our business opportunities and health-promoting products, we are dedicated to empowering fathers to build better lives for themselves and their loved ones.”

In addition to business opportunities, QNET offers a variety of products designed to help men lead healthier and more fulfilling lives. This Father’s Day, QNET is highlighting two exceptional products that exemplify this commitment: QAlive and the Bernhard H. Mayer 150th Anniversary timepiece. QAlive is a plant-based supplement that naturally increases testosterone levels for men’s complete health and performance.

Packed with essential nutrients and antioxidants, QAlive supports immune function, boosts energy levels, and helps fathers stay healthy and active. The Bernhard H. Mayer 150th Anniversary watch is more than just a timepiece; it symbolizes sophistication and success. Designed with precision and style, it is perfect for the modern father who values both functionality and elegance. With its advanced features and sleek design, the Bernhard H. Mayer wristwatch is a testament to QNET’s dedication to quality and innovation.

This and every Father’s Day, QNET encourages everyone to celebrate fathers who work tirelessly to provide for their families and communities. By offering unparalleled business opportunities and top-tier health products available via www.qnet.net, QNET continues to support and empower fathers to reach their full potential.

About QNET

QNET, a global lifestyle and wellness company, uses a direct-selling business model to promote unique products that enable people to take charge of their health, well-being, and lifestyle.

Since 1998, QNET’s innovative products and e-commerce-driven business model have helped build a global community of satisfied customers and microentrepreneurs, who are driven by the mission of RYTHM – Raise Yourself To Help Mankind. Popular product brands offered by QNET include the Bernhard H. Mayer range of luxury watches and jewelry, HomePure range of home care products, the Amezcua wellness range, Physio Radiance personal care range, and QVI branded holiday packages.

QNET proudly exemplifies high industry standards and is a member of numerous Direct Selling Associations worldwide. Its active engagement in several global sports sponsorships including in its role as the official direct selling partner of the Manchester City Football Club (MCFC) and the Confederation of African Football (CAF), highlights the company’s commitment to excellence.

Discover a world of new possibilities with QNET by visiting www.qnet.net



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RCBank Top Management Participate in SLONEC Business Seminar


Commemorating SLONEC’s First Year Anniversary, RCBank Top Management has participated in SLONEC Business Seminar on Tuesday 30th April, 2024 at the Freetown City Council.

SLONEC is an accountancy and consultancy firm that specializes and provides a wide range of accountancy and consultancy services to individuals, businesses, and organisations within Sierra Leone and beyond.



Dr. Walton E. Gilpin Managing Director of RCBank served as the Guest Speaker for the Buisness Seminar with the theme let’s celebrate and Excel in Business. Dr, Gilpin presented along side with the founder and CEO of SLONEC Mr. Ishmail Bangura, Manager and Tax guru at NRA Matilda Z. Kamara and Dr. Alpha Grace (Founder & CEO of CHANGEYOURSELF).

The Managing Director of RCBank Staged a PowerPoint Presentation on Navigating Loan Financing for SME’s and Avoiding Business Failures. Under key topics like National Public Debt Securities cycle, The Lending cycle and Access to Finance, Loan Cycle, Loan recall, Loan maturity, Cancellations and Restructuring, his presentation objectives focused on understanding the basic debt terminology in the loan cycle, Relationship between stages in the loan cycle and data requirement which could help reduce incidence of delinquency.

Speaking on the issue of granting loans, Dr. Gilpin states”debt collection is in trouble- especially when it comes to the delinquent credit. According to figures from the International Monetary’s fund‘s Global Financial Stability Report non-performing loans make up 3.925% of total gross global loans,”

Mr. Adikalie S. Kamara, Head of Operations at RCBank pointed out that the essence of the Banking system is to bring safety and soundness of the financial sector adding that there is low public understanding about loan initiation and the importance of the financial sector. He pointed out that there is a stand out guidelines by the Central Bank not to have more than 10% of loans in nonperforming category as it would be described as a delinquent loans, He applauded SLONEC as a new Financial Company set up by Sierra Leoneans to come together to contribute to enhance the financial sector.

Mr. Ishmael Bangura, CEO of SLONEC thanked the Management and Staff of RCBank for gracing the occasion. He reflected that while growing up he realized that he has to make a change and contribution to society.

He reflected on his experience in the United Kingdom and commented on what countries of the Western World are doing positively and differently. He revealed, he discovered one of the reasons why the Western Countries are far ahead of us it’s because they value the things we take for granted
He cited that one of the things that sometimes people take for granted back home is integrity, which he intends to bring and to uphold it as a core value in the financial sector.

Head of Public Relations, RCBank Mr. Aruna Dumbuya pointed out in his Public Lecture that Integrity, Objectivity, sustainability, professional competence, sincerity and probity are all core values that enhance the banking sector to thrive. He acknowledges the need for people in the financial Sector to imbibe all these qualities because the absent of some of these ethical conducts then we would not have people who will manage the finances of this country.

He emphasiszed on the need for customers that will enhance the availability and procedures of securing a loan adding that the Bank Prioritizes financial literacy in a bid to enhance customers Protection. He affirmed that over the years, the leadership of RCBank have been doing public Lectures at Universities and in Public Places both national and International, which is a core value of the Sierra Leone National Strategy for Financial Inclusion (NSFI 2022-2026).

He added that as a bank, they have seen how climate Change and environmental issues are impacting the world adversely, and it is so important that the country embraces urgent actions for positive climate change.

Mr. Dumbuya expressed thanks and appreciation to the SLONEC Management for the Invitation and assured the Bank’s unwavering commitment to respond to their call and to other institutions that will contribute positively to the Development of Sierra Leone.

RCBank – The Bank of Choice!!



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New Online Business Company, Super Advertis Shuts Down in Sierra Leone


Newly introduced online business Company, Super Advertis has announced to customers that it will shut down in 2 – 3 days from today Tuesday 2nd January 2024.

This announcement was made on its website early today. According to the announcement, all funds of the company have been frozen by Orange, hence the reason for its shutdown.

The Company has directed its users and partners to go to Rakuten, which it stated is its other branch, to retrieve all their money.



It further directed that they contact the manager of Rakuten and send their account ID as well as their balance screenshots, to handle fund withdrawals.

The development comes a few days after mobile money giant, Orange disassociated itself of any partnership with Super Advertis saying it does not have any contractual dealings or in any way associated with the business/company.

Super Advertis company was introduced in Sierra Leone in 2023. The platform recruited online workers who were asked to complete daily tasks, with a daily income of 50-500 NLE. It also promised corresponding commissions by completing the increase in praise of the products on the platform.



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Heavy Taxes Force Business Shutdowns in Freetown


Shops and businesses in Sierra Leone’s capital, Freetown, have been forced to close their doors due to the burden of heavy taxes imposed by the government. The situation remains in limbo as it’s unclear when these businesses will be able to resume operations.

As part of the government’s efforts to staunch revenue leakages, the installation of electronic machines is being implemented to ensure that not a single cent is lost. This initiative aligns with President Julius Maada Bio’s manifesto of blocking fiscal inefficiencies. Unfortunately, shop owners have placed blame on the National Revenue Authority (NRA) for exacerbating the harsh economic environment that they face daily.

Facing the brunt of this economic crunch, many traders have made the painful decision to leave Sierra Leone in search of more business-friendly climates in neighboring countries, with Liberia being the preferred destination to escape harassment and undue hindrances.



The situation has only worsened with a recent press release from the NRA, which imposes fines on taxpayers failing to integrate or complete the integration processes with the Electronic Cash Register (ECR) system. The press release warns that non-compliance will result in a penalty of 250,000,000 Leones and potential revenue loss assessments. The NRA, represented by Commissioner-General Ibrahim Brima Swarray, has given taxpayers a two-month grace period starting from October 20th of this year, during which the integration process can be facilitated for a minimal fee. Failure to meet this deadline will invoke penalties stipulated by law.

This shutdown marks the latest in a series of protests by businessmen in Freetown, with the introduction of the Goods and Services Tax (GST) system in 2022 being a major point of contention. Under this system, electronic machines will record sales and collect taxes, primarily affecting various businesses such as supermarkets, hotels, restaurants, bars, and more. The business community has expressed deep discomfort with these changes, viewing them as a form of economic exploitation, particularly in these times of economic hardship.

In response, businesses have grumbled that the NRA’s insistence on using these machines is an unnecessary burden and a potential exploitation of their economic challenges. Failure to issue a GST receipt generated from ECR machines can result in severe penalties, including hefty fines or imprisonment. To keep business afloat, GST taxpayers are required to notify the NRA of any issues during the installation and operation of these machines within 24 hours. They must also regularize their registration information to obtain a new Taxpayer Identification Number and install the machines promptly.

The relationship between the government and traders has deteriorated significantly due to these measures, leading to a dire business environment, with businesses folding under the strain. Business owners are now calling on the government to protect their businesses rather than impose further hardships.





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President Bio Pledges Support For Business Growth in Sierra Leone


Sierra Leone’s President Julius Bio made a resounding commitment to bolster business development in Sierra Leone during his address at the Rebranding Africa Forum meeting held in Brussels on 20 October 2023.

President Bio emphasized his dedication to supporting and encouraging business growth in Sierra Leone while addressing officials and fellow African leaders. He stressed the strong and harmonious relationship between the government of Sierra Leone and the private sector, underscoring a robust bond that facilitates cooperation.

The President’s statements were corroborated by the recent annual political dialogue he had with the European Union and various private companies operating in Sierra Leone, reflecting the collaborative efforts to promote economic progress.



“I am here fighting, or attempting to be a marketer because I want to convince you that I am up to the task,” President Bio declared.

He expressed his unwavering commitment to attracting more businesses to Sierra Leone, stating, “Whatever it takes to bring more businesses into Sierra Leone, I am prepared to convince you and provide support.”

President Bio’s remarks highlight his administration’s dedication to fostering economic growth and strengthening Sierra Leone’s position as an attractive destination for investments and business development.

The Rebranding Africa Forum provided a platform for African leaders to discuss strategies for enhancing the continent’s economic prospects, and President Bio’s strong endorsement of Sierra Leone’s private sector aligns with the broader goals of the event.



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