20th July 2017
Sierra Leone's New Business Guidelines for Timber Exporting
By State House 17/12/15)
In a bid to sanitise the timber export in Sierra Leone, many stakeholders have met to discuss how to take the timber business forward.
State House Chief of Staff Mr. Saidu Conton Sesay and other stakeholders met on Tuesday 8 December with concerned stakeholders at State House in Freetown to discuss the new guidelines timber exporting guidelines. (Pictured: Commissioner-General of the National Revenue Authority (NRA) Haja Kallah Kamara).
Briefing stakeholders from different institutions on a fresh set of do's and don'ts for timber companies, Saidu Conton Sesay said government has granted permission to three companies to export timber within a specific period of three months with regulatory measures.
In what he referred to as stringent measures, Mr. Sesay explained that the identified exporting companies would sign performance bonds with government, comply with National Revenue Authority (NRA) tax payment and adhere to joint monitoring at both the stuffing points and at the port.
The joint monitoring team, the Chief of Staff pointed out, would comprise officials from the Ministry of Agriculture, Forestry and Food Security, Ministry of Trade and Industry, Office of National Security and the Sierra Leone Police. He emphasised the need to not just record the serial numbers of containers, but also send such records to the Office of Chief of Staff in both hard and soft copies.
The Commissioner-General of the National Revenue Authority (NRA) Haja Kallah Kamara called for specimen signatories of concerned authorities to enhance transparency and accountability.
Construction and General Supply Limited at 7 Adelaide Street, Banico Holdings at 91A Bai Bureh Road, and Consultancy Sierra Leone Limited at 3 Wilberforce Street respectively are the three authorised companies to export timber just in three months period.