ADMINSTRATION AND MANAGEMENT/ UNIVERSITY OF SIERRE LEONE MODULE: FINANCIAL REGULATION AND PRACTICES COURSE: BSC (HONS) FINANCIAL SERVICES (YEAR 4) ASSIGNMENT: DISCUSS THE EVOLUTION OF BANKING IN SIERRA LEONE NAME: MOHAMED KHALIL KOROMA REG: 4606 NAME OF LECTURER: MR N’JAI CONTENT 1. Introduction 2.1 Adam Smith and Modern Banking 2. Overview of Sierra Leone banking 3. Our Perception of Banking in Sierra Leone 4. Conclusion INTRODUCTION Mankind
Premium Bank Central bank Sierra Leone
West African country Sierra Leone. In the late 1600s‚ Sierra Leone was the first place to ever house‚ sell‚ and trade transatlantic slaves (Edsall‚ Healey‚ and O’Donnell). Nearly a decade later in 1787‚ “British abolitionists and philanthropists establish[ed] a settlement in Freetown‚ for repatriated and rescued slaves”(“Sierra Leone Country Profile”). The British had control of Sierra Leone until April 27th‚ 1961‚ when Sierra Leone was finally declared independent (“Sierra Leone Country Profile”)
Premium Africa Sierra Leone Slavery
international division of a multinational corporation to determine whether or not the company should build a manufacturing plant in Sierra Leone in order to produce consumer goods. My research will be based on a variety of social‚ economic‚ and political factors. The first factors based on my research that will be discussed are the social factors that take place in Sierra Leone. As a result of high population growth and a deadly civil war that ended in the year 2002‚ poverty still remains widespread
Premium Ebola Sierra Leone Sierra Leone Civil War
Briefing notes about Child Soldiers in Sierra Leone In 1991‚ The Revolutionary United Front (RUF) attacked Sierra Leone in an attempt to obtain diamonds and overthrow Joseph Momoh’s Government. The resulting civil war lasted for 11 years and left over 50‚000(Hara-Kiri‚ 2008‚ 8th fact)‚ including children recruited to fight in the war. 3‚710 had been used as child soldiers with the RUF‚ 2‚026 with the pro-government Civil Defence Forces (CDF)‚ 471 with the Sierra Leone Army and 427 with the Armed Forces
Premium Sierra Leone Special Court for Sierra Leone Slavery
1961‚ Sierra Leone has been a nation plagued with poverty and corruption; part of the vicious cycle that it is snared in as an LDC (Least Developed Country). Multiple factors fuel the vicious cycle into this downward spiral; most are caused by the abuse of power and are intricately linked to each other as obstructions in the path of the Sierra Leone’s road to development. The primary cause behind Sierra Leone’s poverty is the corrupt government. Siaka Stevens‚ the first president of Sierra Leone
Premium Africa Sierra Leone Poverty
To start out‚ Sierra Leone is a country in West Africa whose history for a long time has not been good. The West African country was established by the Temne and Mende local tribes in the area but soon after it flourished the Scramble of Africa took place and Britain took control in 1787. From then on the European imposed a hut tax and would utilize most of Sierra Leone’s natural resources to make themselves wealthy. This caused the government today to even be weak and Africans to be anti-european
Premium Sierra Leone Slavery Liberia
well as trade with one another‚ however‚ Sierra Leone whose main import was agriculture‚ and in local chiefdoms. However‚ in the era of conquest Sierra Leone’s history changed one again‚ from one where the local chiefdoms fought back to the British claiming control again. Also‚ during the colonial era‚ the Sierra Leoneans Britain built infrastructure in the form of roads‚ government‚ and education. However‚ in the nationalism and decolonization period Sierra Leone’s independence was achieved from
Premium Africa Atlantic slave trade Slavery
INTRODUCTION The act of the National Revenue Authority came into being on 13 September 2002. The National Revenue Authority has a mandate to administer and collect all taxes‚ revenues and all penalties as stated in the NRA act. The purpose of the National Revenue Authority is to serve as a central body for the collection and assessment of national revenue. The implementation procedures and policies by the National Revenue Authority will ensure that revenues are collected efficiently by enforcing
Premium Management International trade Tax
The Civil War in Sierra Leone I. Introduction Between 1991 and 2002‚ Sierra Leone was heavily damaged by a tremendously violent civil war. This civil war erupted because of the mounting dissatisfaction of the people‚ especially the youth that were engrossed by the rebellious Revolutionary United Front (RUF)‚ towards the politics of the country that was set apart by its corruption‚ negligence and electoral violence. It took the lives of over 50‚000 individuals‚ displaced over two million inhabitants
Premium Sierra Leone War Civil war
Bitton‚ 1 International Consequences of Sierra Leonese Diamond Trafficking The country of Sierra Leone‚ surrounded in the North by Guinea and in the South East by Liberia‚ acquires its wealth due to its supply of many mineral resources such as diamonds‚ chrome‚ bauxite‚ iron ore‚ and rutile. Sierra Leone has many diamond mines and the qualities of the diamonds are known to be top-quality gem diamonds. Since there is a large demand for diamonds this allows the country to become wealthy. At the
Premium Sierra Leone Blood diamond Diamond