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But even with African demand for and influence of the textile, it is not lost that having a relationship with the print that is mainly skewed towards consumerism puts Africans at a disadvantage in the long run. Obinyan puts it aptly: “From the buyer’s perspective they benefit because it’s cheap, but cheapness at what cost?” Culled By Chidinma Irene Nwoye /Quarts Africa Business 

The Chinese have taken over African wax and prints

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      When you think of African fashion, you often think of the variety of brightly dyed fabrics worn on the continent and in the diaspora as shirts, pants, dresses, skirts and even the occasional head wrap on that cool “woke” black girlfriend. In Africa, they are everywhere at every time—from funerals and weddings, to markets and casual Fridays at the office. The ubiquitous batik-inspired wax print or—as it’s known in some countries—”Ankara” has come to denote Africanness. It is a fabric that represents African authenticity and helps people…

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Liberian Economy Group (LEG) Bella Casa Hotel Sinkor, Monrovia. Cell# 0777516641/088696999 Email: reservations@bellacasaliberia.com Hon. Albert Chie President Pro-Tempore House of Senate Mr. President Pro-Tempore: Please find attached the Report of the Liberian Economy Group (LEG) on the Current Statement of the Liberian Economy. We of LEG remain confident that the Action Steps indicated in the report, when taken, can lead to the solution of Liberia’s main problem, longstanding and widespread Poverty. Respectfully Yours Liberian Economy Group (LEG) Business 

LEG: Solving Liberia’s Longstanding Economic Problems-Dr. Tipoteh

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Mr. President Pro-Tempore, Please find attached the Report of the Liberian Economy Group (LEG) on the Current Statement of the Liberian Economy. We of LEG remain confident that the Action Steps indicated in the report, when taken, can lead to the solution of Liberia’s main problem, longstanding and widespread Poverty. Respectfully Yours Liberian Economy Group (LEG) Togba-Nah Tipoteh Chairperson ______   1.0 Introduction With the experience of the 1989-2003 Civil War in Liberia, with its dismal consequences of nearly 300,000 deaths and more persons injured, covering ten percent of the…

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Based on the declining economic condition in Liberia, this new regulation will certainly contribute to the increase in hardship and make Liberians even more vulnerable to extreme poverty. So far, there has been a popular consensus by the people for the government to reverse this new policy. Let it be known that laws ought to be made for the general good of the people in order to promote their utmost interest. If this government insists on executing this harsh regulation which is against the interest of the people, it will pay a very huge price for such insensitivity in all impending elections especially 2020 and 2023 elections. If the people realize that their survival, safety, and wellbeing are further threatened as a result of harsh policies by government which mostly affect them, they could rise and institute a wave of mass civil actions. Business News 

Socio-economic impact of canceling three days free calls

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    The Editor, This is what I think as a Student of Economics. These are 10 visible dangers or risks of canceling ‘3 days free call’ and other bonanzas in my opinion. The government stands to risk a lot if this new regulatory policy of imposing an additional 5% fee on GSM Companies is not urgently reversed. Personal inward remittances from Diaspora Liberians will fall because most Liberians in the country will be unable to foot the high cost of communicating through voice calls and SMS. As a result,…

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The Authority also directed the commission and the central banks to accelerate the operation of the Special Fund for financing of programmes in the revised Roadmap for the ECOWAS Single Currency Programme. “It further directs the commission to ensure implementation of the recommendations of the meeting of the ministerial committee held in Abidjan on June 17 and June 18 as well as preparation and implementation of the Communication Strategy for the single currency programme. Business News 

ECOWAS Adopts ECO As Single Currency

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    Nigeria Agency News: The Authority of ECOWAS Heads of State and Government on Saturday adopted ECO as the name of the single currency to be issued in January 2020. The leaders at their 55th Ordinary Session in Abuja endorsed the name while congratulating the Ministerial Committee on the Single Currency for the considerable progress recorded in the implementation of the revised roadmap. In the communiqué read by Mr Mustapha Suleiman, Nigeria’s Permanent Secretary, Ministry of Foreign Affairs, the Authority instructed the ECOWAS Commission to work in collaboration with…

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It has become a pungent phenomenon in the history of humanity that discredited regimes faced with the heroic defiance of a mobilized people against all the filths and dirty tricks of the establishment, fearing that playing hardball would lead to its decisive crushing under the revolutionary weight of the enraged masses, agents of such bankrupt order would collapse into political posturing and dangle before the people a call for unity and dialogue—an inglorious pretext meant to save the neck of the regime from the noose in order to continue the spree of social domination. Business News 

George Weah Call For Roundtable Talks On Economy Absurd

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  Resistance 10– George Weah Calls for a roundtable on the economy: an infantile hot air beyond absurdity   The Editor,   It has become a pungent phenomenon in the history of humanity that discredited regimes faced with the heroic defiance of a mobilized people against all the filths and dirty tricks of the establishment, fearing that playing hardball would lead to its decisive crushing under the revolutionary weight of the enraged masses, agents of such bankrupt order would collapse into political posturing and dangle before the people a call…

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The UN Envoy expressed commitment to working with the Liberian Government in achieving the Pro-poor Agenda for Prosperity and Development. However, he noted that UN adheres strictly to its fiduciary standards to safeguard UN funds against misuse and integrity risks. Business News 

Can The IMF Safe Liberia?

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    Lawrence Kennedy   I am always fascinated by the faith developing countries place in a supranational organization like the International Monetary Fund (IMF) and the World Bank to swoop down into a country and save it from social and economic meltdown. I will approach this short opinion piece by tackling two concepts. The first one is easy, and the second – a bit difficult. The first claim is to demonstrate that supranational organizations like the IMF is the problem and they are more apt to create an atmosphere…

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Leelai is an advocate with clear focus on private sector development, developing suitable environment, strategy for international investors with focus on doing business in Liberia, West Africa and encouraging international increase in trade and commerce. Business News 

Meet The Liberian Business Executive: Leelai Kpukuyou Who Is Shaking up Things

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    Who is Leelai? Leelai is a Liberian businesswoman who stands out as a successful Entrepreneur with demonstrable record of achievements in her business endeavors over the past nine years. Leelai is a Liberian Entrepreneur who emerged from a humble beginning, under the mentorship of her mother, to becoming an Actor in Liberia’s successful post-war economic recovery. Leelai has keen sense and ground knowledge on the day-to-day business environment of Liberia in most sectors of the economy. Due to her consistent work and tireless innovation rooted in trust, she…

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Pan-African Free Trade Deal Is In Effect Now

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    After years of painstaking negotiations, the African Continental Free Trade Area (AfCFTA) agreement finally came into effect on May 30. Yet huge obstacles remain as African leaders iron out legislation on inter-state agreements and build the infrastructure needed to enable regional trade. In a major boost to the regional integration agenda, the first phase of the Africa’s continent-wide free trade agreement, signed by 44 African countries in Rwanda in March 2018, was finally completed last week. The agreement, which plans to boost regional trade by 54% by cutting…

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Another finding said, “The money issued from the vault daily and disbursed to beneficiaries from the bank’s United States Dollars operational vault was not posted to the bank’s accounting system in real time. For example, money taken from the vault between the periods July 17 – 31, 2018 was not posted to the vault until August 1, 2018 in lump sum. The lump sum amounts posted were without supporting schedules…” Business News 

Liberia: $25 Mil Mop Up Exercise Audit Report “Indicts” Govt Officials

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Auditor General Report on $25 Million Mop Up Exercise       Monrovia, Liberia – May 16, 2019: The Liberian Auditor General Report of Factual Findings of the application of $25 million dollars to mop up excess Liberian dollars on the market has been released and “indicts” the Government officials who managed the exercise. African Star is reporting that based on factual findings of the Auditor, field visits were conducted to ascertain entities which participated in the Mop Up Exercise as listed by the Central Bank of Liberia in its…

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Liberia: Ruling Party Chairman Gives MTN Ultimatum

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  Liberia: Ruling Party Chairman Gives MTN Ultimatum to Break Partnership with Liberian Businessman Benoni Urey Monrovia – Mulbah Morlu, chairman of the ruling Coalition for Democratic Change (CDC), has given an ultimatum to Liberia’s longest existing cell phone company, Lonestar Cell MTN, to distance itself from Mr. Benoni Urey or risks a repercussion, which the CDC chairman termed “citizens’ withdrawal from the company services”. Morlu, at a news conference Wednesday, May 1, told journalists that Mr. Urey, along with his allies, is allegedly using the GSM service provider as a…

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