Press Release, Author at Liberia News Network https://liberianewsnetwork.com/author/press_release/ News from credible and reliable Liberian news sources Sat, 25 Apr 2026 23:21:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://liberianewsnetwork.com/wp-content/uploads/2025/01/Lnn.jpg Press Release, Author at Liberia News Network https://liberianewsnetwork.com/author/press_release/ 32 32 Ghost Address In Washington, Sexy Members’ Club In London: Who Is Numbase, Llc? https://liberianewsnetwork.com/ghost-address-in-washington-sexy-members-club-in-london-who-is-numbase-llc/ https://liberianewsnetwork.com/ghost-address-in-washington-sexy-members-club-in-london-who-is-numbase-llc/#respond Sat, 25 Apr 2026 23:17:00 +0000 https://liberianewsnetwork.com/ghost-address-in-washington-sexy-members-club-in-london-who-is-numbase-llc/ An investigation into the mysterious company poised to take over Liberia’s telecom monitoring system — and the Commissioner championing it. On paper, Numbase, LLC presents itself as an international technology…

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An investigation into the mysterious company poised to take over Liberia’s telecom monitoring system — and the Commissioner championing it.

On paper, Numbase, LLC presents itself as an international technology firm with the pedigree and global footprint needed to take over one of Liberia’s most sensitive pieces of critical infrastructure: the national telecommunications monitoring system. Its website advertises a headquarters in Washington, D.C., an office in London’s upscale Knightsbridge district, and a presence in Monrovia — alongside claimed offices in Cyprus, the UAE, Qatar, Malaysia, and Tunisia.

In reality, a closer look at each of those claims raises more questions than it answers — and none of them comfortably.

As the Liberia Telecommunications Authority (LTA), under Commissioner Clarence Massaquoi, advances a push to replace Telecom International Alliance (TIA) as the country’s revenue-assurance and traffic-monitoring partner, the identity and technical capability of its preferred successor is coming under increasing scrutiny. What emerges from even a preliminary review is a company whose public-facing presence appears, on the available evidence, more illusion than enterprise.

A Washington “headquarters” that isn’t

Numbase’s own website lists its U.S. address as 1906 Sunderland Place NW, Washington, DC 23006, USA. The name evokes a K Street corridor of law firms, lobbyists and consultancies.

FIGURE 1    │    NUMBASE.COM — “US” ADDRESS

The reality on the ground is considerably more modest than the website implies. The property at 1906 Sunderland Place is not a corporate office tower. It is a very modest, run-down townhouse on a narrow side street just off Dupont Circle — a building that would be embarrassing for any serious company to call its Washington, D.C. headquarters. It looks almost residential rather than commercial, and nothing about its appearance, scale, or street presence is consistent with the kind of operation a national telecom-monitoring contractor would run out of the U.S. capital.

FIGURE 2    │    1906 SUNDERLAND PL NW — THE BUILDING

When the building was canvassed, it showed no signage, directory listing, receptionist or other indication that Numbase operates there beyond its name on the shared plaque. Other tenants in the building said they had never seen anyone identifying themselves as being from Numbase, nor received mail or deliveries for the company. No employees could be located on the premises.

More striking still is what a search of the District of Columbia’s own corporate registry returns.

FIGURE 6    │    D.C. DEPARTMENT OF LICENSING & CONSUMER PROTECTION — ENTITY SEARCH

 

The absence of any filing in the D.C. corporate registry is, at minimum, inconsistent with Numbase’s own public representation that Washington is one of its principal offices. It raises a basic question: if Numbase is genuinely operating out of the U.S. capital, why does it appear nowhere in the jurisdiction’s corporate registry? And if it is not operating there, on what basis is it advertising a Washington headquarters to governments evaluating it for a major public contract?

“If Numbase is genuinely operating out of the U.S. capital, why does it appear nowhere in D.C.’s corporate registry?”

A Knightsbridge address that belongs to someone else entirely

Numbase’s website lists a London office at 64 Knightsbridge, London SW1X 7JF — an address that lends any company an unmistakable air of establishment prestige, located across from Hyde Park in one of the most expensive postcodes in Europe.

FIGURE 7    │    NUMBASE.COM — “UK” ADDRESS

The address is real. The tenant is not Numbase.

64 Knightsbridge is the home of the Pavilion Club — a private members’ club. Its marketing prominently features fine-dining restaurants, cocktail bars, a rooftop terrace overlooking Hyde Park, and glossy promotional imagery trading heavily on glamour, including photographs of young women in evening wear. It is, in short, a venue for dinner, drinks and nightlife, not a technology company’s operations centre.

FIGURE 9    │    PAVILION.CLUB — THE “OFFICE” NUMBASE CLAIMS IN LONDON

The obvious question follows: is it serious to call a members’ nightlife club a place of business? Does Numbase conduct telecom-monitoring work between the cocktail lounge and the Michelin-starred dining room? There is no independent evidence that Numbase maintains a dedicated office, staff, or technical infrastructure at 64 Knightsbridge — only the address printed on its website. For a company bidding to monitor an entire country’s telecommunications traffic, citing a members’ club as one’s London base is, at best, extraordinary.

A Monrovia office with no address

If the Washington and London presences are thinly evidenced, the Liberian one is effectively invisible.

FIGURE 10    │    NUMBASE.COM — “LIBERIA” LISTING

 

Numbase’s website claims a Monrovia office — a claim that would be highly relevant given the nature of the work it proposes to perform and the Liberian government’s stated interest in domestic capability. Yet no physical address is listed for the Monrovia office. No street. No suburb. No building name. No phone line dedicated to the Liberian operation.

This is an unusual omission for a company presenting itself as locally established in the very country where it is seeking a major government contract. It is also an omission that cannot be reconciled with the company’s display of a street-level address for its U.S. and UK presences — even though those street-level addresses, as shown above, do not correspond to functioning offices either.

Earlier reporting by Liberian outlets — including FrontPage Africa, The New Dawn and the Liberian Observer — has raised similar concerns about the joint-venture structure said to be behind the proposed arrangement, “Numtel Liberia JV Numbase LLC,” noting that the agreement was reportedly signed on behalf of the joint venture by one James Sackie — an individual about whom virtually no public information exists.

The technical question no one has answered

Telecommunications monitoring — of the kind TIA performed under its concession with the LTA — is not an administrative service. It is a highly specialised technical undertaking. Under the suspended TIA agreement, the contractor was responsible for monitoring national and international voice, data, and mobile-money traffic; conducting revenue assurance to verify operators’ reported figures; and detecting and preventing telecom fraud, including unreported traffic. The system was designed as an independent verification mechanism to prevent underreporting of telecom revenues, which are among Liberia’s most significant non-tax income streams.

To perform that role credibly, a monitoring provider needs, at minimum: deployed probes and monitoring equipment at interconnect points and international gateways; secure data centres or carrier-grade hosting; staffed 24/7 network-operations capability; a demonstrated track record with other regulators or operators; engineers with fraud-management, SS7, VoIP and mobile-money analytics expertise; and defensible data-protection and national-security safeguards.

Numbase’s public footprint evidences none of these. The company has no identifiable engineering team, no published case studies, no list of prior regulator or carrier clients, no technical white papers, no conference appearances, and no publicly visible certifications. A company with genuine monitoring capability leaves a trail in industry databases and trade press. Numbase does not appear to.

The absence of such evidence does not, by itself, prove incapability. But the burden of proof in a matter of this significance sits unambiguously with the vendor — and, crucially, with the regulator contracting it.

The Massaquoi question

Which brings the inquiry back to Liberia, and to Commissioner Clarence Massaquoi.

Multiple Liberian news outlets have reported that the push toward Numtel Liberia JV Numbase LLC as TIA’s replacement is being driven particularly insistently by the LTA’s leadership. The suspension of TIA’s concession was effected in October 2025 through Executive Order No. 154, citing audit findings by the General Auditing Commission and the Liberia Anti-Corruption Commission. That Executive Order directed the LTA to coordinate with the Public Procurement and Concessions Commission (PPCC) to engage a qualified service provider without delay.

“Qualified” is the operative word. A legislative committee that reviewed the TIA matter had recommended renegotiation of the existing concession rather than outright replacement, and a number of lawmakers are reported to have urged the same course. Historically, Liberia has preferred renegotiation over cancellation for major concession disputes — ArcelorMittal, Firestone, CTN, MedTech and LTMI have all been renegotiated rather than torn up.

The questions now being asked in Monrovia, and deserving of direct answer, are straightforward:

01    What due-diligence process did the LTA conduct on Numbase, LLC and its Liberian JV partner before advancing them as TIA’s replacement? Specifically, was the company’s corporate registration status in Washington, D.C. verified? Was a site visit conducted at any of its three claimed offices? Was its technical capability independently assessed?

02    Who conducted that due diligence, and is the resulting report available for legislative review?

03    Why was this particular company identified, and by whom was it introduced to the LTA?

04    Why has Commissioner Massaquoi been so insistent on this specific vendor, rather than running an open, competitive procurement through the PPCC in line with the Executive Order’s own language?

05    Who are the ultimate beneficial owners of Numbase, LLC and of the Liberian joint-venture partner? Liberia’s own anti-corruption and procurement frameworks require beneficial-ownership transparency for contracts of this size and sensitivity.

Neither the LTA nor Commissioner Massaquoi has publicly addressed the discrepancies between Numbase’s stated presence and its actual footprint. The company itself did not respond to requests for comment through the contact channels listed on its website.

What’s at stake

Telecom monitoring is not a ceremonial function. It is the mechanism by which a government verifies how much revenue its licensed operators actually generate — and, by extension, how much tax and regulatory revenue the state is owed. It is also a matter of national security: the contractor has visibility into traffic patterns, call-detail records and, depending on the architecture, the ability to detect or miss fraudulent bypass of the national network.

Handing that function to a company whose Washington headquarters appears to be a run-down, near-residential townhouse advertised with an incorrect ZIP code, whose London office is in fact a members’ nightlife club, whose Monrovia office has no address, and which does not appear in the corporate registry of the jurisdiction it claims as its base — without a transparent, documented due-diligence process — would be an extraordinary decision.

Liberia has been here before, with concessions awarded on thin grounds and litigated for years afterward at considerable cost to the public purse. The suspension of TIA was justified by the Executive on the basis of audit and integrity concerns. Whatever the merits of that decision, replacing TIA with an entity whose own integrity cannot be established from its public record would invert the stated rationale entirely.

The LTA owes the Liberian public — and the legislature that ratified the TIA concession in the first place — clear, documented answers before any contract with Numbase, LLC is signed, extended, or operationalised.

Until then, the most honest description of Numbase, on the available evidence, is not “Liberia’s next telecom monitor.” It is a company with three addresses and questionable visible operations.

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Senator Dopoh Mobilizes Ear Specialists To Restore Hearing For Residents https://liberianewsnetwork.com/senator-dopoh-mobilizes-ear-specialists-to-restore-hearing-for-residents/ https://liberianewsnetwork.com/senator-dopoh-mobilizes-ear-specialists-to-restore-hearing-for-residents/#respond Fri, 24 Apr 2026 08:42:00 +0000 https://liberianewsnetwork.com/senator-dopoh-mobilizes-ear-specialists-to-restore-hearing-for-residents/ FISH TOWN, RIVER GEE COUNTY, LIBERIA – In a landmark initiative to expand healthcare access, the Office of Senator Francis Saidy Dopoh II has launched a two-day free medical outreach,…

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FISH TOWN, RIVER GEE COUNTY, LIBERIA – In a landmark initiative to expand healthcare access, the Office of Senator Francis Saidy Dopoh II has launched a two-day free medical outreach, bringing specialized ear care to residents of River Gee County. The campaign, themed “Campaign To Promote Hearing Healthcare In River Gee,” kicked off today, April 23, 2026, in Fish Town City.

Implemented in partnership with Church Aid Incorporated, the NCDI, the Ministry of Health, SHF, and other collaborating partners- the outreach will provide free screenings, diagnosis, and treatment at the Fish Town Referral Hospital and the Gbeapo Kanweaken Health Center.

“This outreach ensures that no citizen is left behind simply because of distance or cost. We are bringing the doctors to the people,” Senator Dopoh stated, emphasizing the need to address untreated ear conditions in the county.

The initiative is part of Senator Dopoh’s efforts to strengthen rural health systems, eliminating the need for costly referrals to Monrovia. The Office of Senator Francis Saidy Dopoh II extends gratitude to the medical team and partners for their collaboration.

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Imf Engages Lra To Strengthen Transparency And Fiscal Accountability https://liberianewsnetwork.com/imf-engages-lra-to-strengthen-transparency-and-fiscal-accountability/ https://liberianewsnetwork.com/imf-engages-lra-to-strengthen-transparency-and-fiscal-accountability/#respond Fri, 24 Apr 2026 08:07:00 +0000 https://liberianewsnetwork.com/imf-engages-lra-to-strengthen-transparency-and-fiscal-accountability/ MONROVIA – A delegation from the International Monetary Fund (IMF)/AFRITAC WEST 2 (AFW2) has engaged the Liberia Revenue Authority (LRA) in high-level discussions aimed at strengthening revenue reporting and improving…

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MONROVIA – A delegation from the International Monetary Fund (IMF)/AFRITAC WEST 2 (AFW2) has engaged the Liberia Revenue Authority (LRA) in high-level discussions aimed at strengthening revenue reporting and improving fiscal analysis in Liberia as part of the technical assistance mission on fiscal reporting.

The meeting, held on Wednesday in Paynesville, focused on enhancing the quality and clarity of explanations accompanying government revenue figures, particularly the differences between budgeted and actual revenues reflected in the Government of Liberia’s consolidated financial statements.

Leading the IMF/AFW2 delegation, Ilyas Tufan emphasized the importance of developing clear, evidence-based narratives to explain revenue performance.

He noted that clear explanations are essential for determining whether revenue deviations are caused by policy changes, administrative actions, or broader economic conditions.

“This helps ensure that fiscal performance is properly understood and accurately interpreted for decision-making.” Tufan said.

The IMF/AFW2 team underscored that the engagement forms part of ongoing efforts to strengthen transparency, accountability, and analytical consistency within Liberia’s public financial management system.

Clear and detailed reporting, the delegation noted, is essential not only for effective fiscal planning and reporting but also for sustaining the confidence in government fiscal reports of all stakeholders, including the general public and development partners supporting the country’s economic reform agenda.

The discussions also highlighted the need to align Liberia’s revenue reporting practices with international standards, including the use of consistent methodologies and data-driven analysis to explain fluctuations in revenue outturns. Strengthening these processes is expected to enhance fiscal oversight and support more responsive and evidence-based policymaking.

For his part, LRA Commissioner General James Dorbor Jallah reaffirmed the Authority’s commitment to improving reporting standards and deepening collaboration with international partners.

“We remain fully committed to enhancing the accuracy, transparency, and clarity of our revenue reporting systems. As the lead institution for domestic resource mobilization, the LRA will continue to play a central role in supporting the government’s fiscal stability and broader economic reforms.” He noted.

CG Jallah added that ongoing reforms within the tax authority, including modernization initiatives and improved data systems, are designed to strengthen revenue administration and ensure more reliable reporting outcomes.

The engagement comes at a time when Liberia continues to prioritize domestic resource mobilization as a key pillar of its development strategy, recognizing that efficient revenue collection and transparent reporting are vital for funding public services, infrastructure, and national development programs.

The IMF/AFW2 visit further highlights the longstanding partnership between Liberia and the IMF/AFW2 in advancing sound fiscal governance and promoting sustainable economic management, aimed at strengthening the country’s public financial systems.

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Lra Honored With 2025 Excellence Performance Award For Outstanding Revenue Achievement https://liberianewsnetwork.com/lra-honored-with-2025-excellence-performance-award-for-outstanding-revenue-achievement/ https://liberianewsnetwork.com/lra-honored-with-2025-excellence-performance-award-for-outstanding-revenue-achievement/#respond Tue, 21 Apr 2026 21:06:00 +0000 https://liberianewsnetwork.com/lra-honored-with-2025-excellence-performance-award-for-outstanding-revenue-achievement/ MONROVIA –The Liberia Revenue Authority (LRA) has been honored with the 2025 Excellence Performance Award in recognition of its exceptional contribution to domestic revenue mobilization and public sector performance. The…

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MONROVIA –The Liberia Revenue Authority (LRA) has been honored with the 2025 Excellence Performance Award in recognition of its exceptional contribution to domestic revenue mobilization and public sector performance.

The award, conferred under the Government of Liberia’s Performance Management and Compliance System (PMCS), celebrates high-performing public institutions demonstrating strong commitment to efficiency, accountability, and results-driven service delivery.

President Joseph Nyuma Boakai Sr. presented the prestigious honor on April 20, 2026, commending the LRA for its consistent performance, innovation, and leadership in strengthening the country’s revenue systems.

The recognition underscores the Authority’s sustained efforts to meet and exceed key performance targets, improve systems, and enhance operational efficiency across Liberia’s tax administration.

Under the leadership of Commissioner General James Dorbor Jallah, the LRA has undertaken major reforms aimed at boosting transparency and optimizing revenue collection processes. These reforms have significantly contributed to strengthening public financial management and supporting national development priorities.

In 2025, the Liberia Revenue Authority achieved a historic milestone in the country’s fiscal performance, generating approximately US$847.1 million in domestic revenue as of December 31. This exceeded the national target of US$804.6 million by US$42.4 million, marking the highest domestic revenue collection ever recorded in Liberia’s history.

The PMCS, a government-wide initiative, is designed to monitor institutional performance, promote efficiency, and ensure that public institutions remain accountable through measurable outcomes.

Speaking following the award ceremony, James Dorbor Jallah commended taxpayers for their vital commitment to tax compliance and nation-building.

He emphasized the importance of sustained tax contributions as a key driver in accelerating the implementation of Liberia’s development agenda.

Commissioner General Jallah also praised LRA staff for their dedication and professionalism, noting that the achievement reflects a collective institutional effort.

“This recognition is a proud reminder that hard work, accountability, and commitment to excellence do not go unnoticed. Congratulations to the entire team, this achievement belongs to you all.” He stated.

He further noted that the award goes beyond formal recognition, underscoring the unwavering commitment of LRA employees whose daily contributions continue to strengthen the institution and advance national development.

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Imf Strengthens Lra Corporate Governance With Board Capacity-building Training https://liberianewsnetwork.com/imf-strengthens-lra-corporate-governance-with-board-capacity-building-training/ https://liberianewsnetwork.com/imf-strengthens-lra-corporate-governance-with-board-capacity-building-training/#respond Thu, 16 Apr 2026 22:14:00 +0000 https://liberianewsnetwork.com/imf-strengthens-lra-corporate-governance-with-board-capacity-building-training/ MONROVIA – The International Monetary Fund (IMF) AFRITAC West 2 has concluded a three-day capacity-building training for members of the Board of Directors of the Liberia Revenue Authority (LRA), aimed…

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MONROVIA – The International Monetary Fund (IMF) AFRITAC West 2 has concluded a three-day capacity-building training for members of the Board of Directors of the Liberia Revenue Authority (LRA), aimed at strengthening governance, strategic oversight, and institutional performance.

The training, supported by the IMF’s Technical Assistance Center for West Africa (AFRITAC West 2), focused on enhancing the Board’s effectiveness in guiding the Authority’s administrative governance in line with global best practices in public financial management and revenue administration.

Facilitated by IMF expert Ms. Moureen Kidd, the sessions covered key areas including board decisions and legal responsibilities of board members, LRA governance model, board calendar, board mechanics, budgeting processes and execution, and effective resource management.

Participants also reviewed IMF research on revenue authorities, with emphasis on corporate governance frameworks, performance evaluation systems, and accountability mechanisms.

According to findings highlighted during the training, successful revenue authorities require clear legal mandates, strong and functional boards, and effective executive leadership to drive reforms and improve tax compliance.

Speaking at the closing of the workshop, LRA Board Chairman David K. Vinton underscored the importance of continuous learning and collaboration in advancing the Authority’s mandate.

He emphasized that the Board plays a critical role in providing strategic direction and ensuring that the LRA meets its revenue targets and institutional objectives.

“Our role as members of the Board is central to the growth and performance of the LRA. I urge you all to remain focused and committed in executing our oversight responsibilities.” Mr. Vinton noted.

Also speaking, LRA Commissioner General and Secretary to the Board, James Dorbor Jallah, noted that investing in the capacity development of the board is essential to strengthening accountability and improving operational efficiency within the Authority.

He added that the initiative aligns with the LRA’s broader goal of enhancing governance systems to support sustainable domestic revenue mobilization and national development.

The capacity-building initiative reflects the continued partnership between the IMF and the Liberia Revenue Authority in advancing reforms within Liberia’s tax administration system. It also underscores the LRA’s commitment to strengthening leadership capacity and reinforcing governance structures to deliver improved public service outcomes.

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Lra Launches Employee Spotlight Initiative To Recognize Outstanding Staff   https://liberianewsnetwork.com/lra-launches-employee-spotlight-initiative-to-recognize-outstanding-staff/ https://liberianewsnetwork.com/lra-launches-employee-spotlight-initiative-to-recognize-outstanding-staff/#respond Thu, 16 Apr 2026 22:07:00 +0000 https://liberianewsnetwork.com/lra-launches-employee-spotlight-initiative-to-recognize-outstanding-staff/ MONROVIA – The Liberia Revenue Authority, through its Human Resources Division, has introduced an Employee Spotlight Bulletin Board initiative aimed at recognizing and celebrating high-performing staff across the institution. The…

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MONROVIA – The Liberia Revenue Authority, through its Human Resources Division, has introduced an Employee Spotlight Bulletin Board initiative aimed at recognizing and celebrating high-performing staff across the institution.

The initiative, led by the HR Performance Management Unit, is designed to promote a culture of excellence by showcasing employees who demonstrate exceptional performance or achieve key milestones in their respective roles.

The bulletin boards, strategically installed across various LRA facilities, will serve as a platform for heads of sections, divisions, and departments to highlight staff achievements during specific periods. The recognition will focus on individuals who go beyond their assigned duties and make significant contributions to the authority’s mandate.

Speaking at the launch of the initiative, Assistant Commissioner for Human Resources Division, Chupee Howe, described the program as a meaningful step toward honoring staff commitment and dedication.

She emphasized that employees who invest extra time, efforts, and talents to enhance revenue collection and improve service delivery deserve to be recognized and celebrated.

“This initiative is a mark of honor for staff who go beyond the tasks assigned to them. We must spotlight those who consistently demonstrate excellence and contribute to the success of the Authority.” She noted.

The Employee Spotlight Bulletin Board forms part of the LRA’s broader efforts to strengthen internal motivation, boost staff morale, and encourage a high-performance culture within the institution.

Assistant Commissioner for Medium Tax Division, Sebastian A. Weah, for his part, thanked HR Division for the initiative, noting that the move is a great approach in reinforcing the Authority’s commitment to recognizing and rewarding hard work and innovation.

He said the initiative is a vital move to inspire employees across all levels who strive for excellence in supporting the collection revenue for Liberia.

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Amid The Myth, Public Outcry: Bmmc Is A True Partner, Not A Cheat https://liberianewsnetwork.com/amid-the-myth-public-outcry-bmmc-is-a-true-partner-not-a-cheat/ https://liberianewsnetwork.com/amid-the-myth-public-outcry-bmmc-is-a-true-partner-not-a-cheat/#respond Wed, 15 Apr 2026 16:02:00 +0000 https://liberianewsnetwork.com/amid-the-myth-public-outcry-bmmc-is-a-true-partner-not-a-cheat/ Liberia’s investment industry is shaking. There is too much noise hovering over the operations of large-scale investments such as AcerlorMittal, Bea Mountain Mining Corporation, and many others, with some Liberians…

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Liberia’s investment industry is shaking. There is too much noise hovering over the operations of large-scale investments such as AcerlorMittal, Bea Mountain Mining Corporation, and many others, with some Liberians trumpeting review of their Mineral Development Agreements (MDAs), though the reality remains that most of these concessionaires have plenty years at their disposal to operate, and are adhering to the terms of their MDA.

Amid long-held concerns about the operations of BMMC in Kinjor, Grand Cape Mount County, recent visit by Vice President Jeremiah Koung to the company’s facilities has spurred and heightened sentiments, emotions, exasperation, exaggeration, misunderstanding and negative reporting against the company.

These developments come amid a highly toxic political environment where people tend to push different narratives, without proper understanding of what is at stake, in order to push their own agenda in the name of advocacy.

Though the contention and misunderstanding grew out of what was shown and displayed, in terms of the amount of gold being extracted and processed, it contradicted the raw facts.

Moreover, it overshadowed the tremendous contributions the company has made and continues to make towards national development, communities upliftment and human capacity development for thousands of Liberians, let alone the unprecedented employment benefits.

These commitments bear witness to the company’s fertile commitment and lasting partnership, ensuring that Liberia benefits from its resources by adhering to the terms of its MDA.

What is the truth

Amid the politicization of what was displayed – what is being misunderstood and misrepresented – there lie the truths about BMMC, its operations and activities.

Besides the one-sided outcome of the VP visit, many issues were discussed including support to the Government of Liberia in the areas of alternative renewable (solar) energy, and other infrastructural projects.

During the visit, the VP was given the opportunity to have insight of the company’s activities and provided some statistic, including the amount of gold produced per month, which specifically has created some uneasiness and consternation, resulting in mixed media views, many of which are negative towards the company.

Throwing light on the history of BMMCC, the company came to prominence in 2013 when its Mineral Development Agreement (MDA) was restated and amended (first signed in 2001) as it prepared to transition from exploration to production.

It had recently been bought by the Canadian registered-London based Aureus Mining Company (AMC).

Aureus, a company publicly traded on the London and Canadian stock exchanges, had raised about $35 million USD and secured loans amounting to $110 million from two South African Banks (NedBank and Rand Merchant Bank).

This financing was a milestone for Liberia, as it was the first of its kind since post-war Liberia and it funded the construction of the Country’s first commercial gold mine.

Unfortunately, shortly thereafter, the EBOLA pandemic hit the country, disabling many projects and grossly affecting the timely delivery of the New Liberty Gold Mine.

Unable to raise the much-needed remaining capital to complete that phase of the project, Aureus was constrained to sell equity in the entity.

Unfortunately, the pandemic had rendered the country unattractive making it challenging to find an interested investor even after the project was reviewed by some 5 mining companies.

This situaiton threatened the success story for Liberia’s first commercial gold mine and created serious risk for the many stakeholders including the 1200 Liberians employed at the mine, as well as the well-being of thousands of Liberians living in the host communities.

In July 15, 2016, MNG Gold, Jersey (already operating a gold mine in Kokoya, Bong County) concluded the purchase of controlling interest in Aureus Mining Company and by extension, Bea Mountain Mining Corporation.

This transaction saved a major project that initially targeted 800,000 thousand ounces of gold to be mined and depleted in 8 years, with maximum 1200 Liberian employees.

Statistics provided that in 2016, one mine, less than 2000 employees, 800k ounces of gold (measured and indicated) being mined at an annual average rate of 10k ounces per month at an average price of $1250 per ounce.

Those in the mining indicate that the business of mining, especially at the commercial level, requires massive investment in infrastructure, equipment and people.

This is to ensure that survival of the business is beyond the original definitive indicators, an operator must invest heavily in exploration, improved technology and increased capacity.

The BMMC also finds itself in this story, as it is no exception.

Taking a look at year and average annual gold price (USD/oz) will provide further enlightenment and disabuse the misconceptions.

For example, 2017…..$1258, 2018…..$1269, 2018…..$1392, 2020…..$1770, 2022…..$1801, 2023…..$1943, 2024…..$2388, and 2025…..$3295.

However, in other to weather the storm, the company, between 2020 to 2023, launched an aggressive expansion program aimed at increasing the amount of gold produced.

This initiative, costing more than US$2 billion, included the opening of two satellite mines in Ndablama and Weaju, construction of 52 kilometers of haul roads to bring mined ore from these locations to New Liberty for processing, massive expansion of the process plants at New Liberty, purchasing 1300 additional mining equipment, expanding the HME and other ancillary facilities.

In 2025, a fourth satellite mine located 25 kilometers west of New Liberty, within the Matambo Corridor, was commissioned, increasing the overall production capacity to about 350K ounces per year.

This business strategy has proven to be very sound for the following reasons, including business continuity-as the original life of mine (LOM) was estimated at 8 years with an annual gold production target of about 120k.

It became clear that without this expansion, the project would have long ended.

Today, with aggressive near-mines exploration programs, the prospect increases for extension of the LOM.

The undertaking facilitated increased employment opportunity, because with expansion and extended LOM come more job opportunities.

BMMC’s current workforce, as of today, stands at about 10, 000 persons as compared to 2000 at the start of the project.

In addition to the feat, Liberians are acquiring related skills that otherwise would not have been possible. 3. Increased Local Content opportunities.

Today, many of the goods and services used at the various mines are being provided by local businesses, e.g. catering, security, janitorial, etc. The presence of the company’s operations in the rural areas spurs economic growth that otherwise wont exist.

It also increased revenue to the Government of Liberia-with most of the CAPEX in place now.

The company expects to contribute more than US$200 million to the national budget.

Far more than that, BMMC is poised to contribute more that 25% to the nation’s Gross Domestic Product (GDP)

On top of these, is the international recognition as a gold producer.

While Liberia is at the lower tier of gold producers in West Africa (10 tons per annum as compared to Ghana at 170 tons per annum), the prospects are good, with the proper investment climate for growth and expansion.

Long years of service and operations bear testimony to the company’s commitment and adherence to the value of its partnership with Liberia. The facts are clear that BMMC is a not a cheat, but a positive partner.

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Lra Hosts First Digital Symposium To Showcase Technology Driving Tax Compliance And Payment Systems https://liberianewsnetwork.com/lra-hosts-first-digital-symposium-to-showcase-technology-driving-tax-compliance-and-payment-systems/ https://liberianewsnetwork.com/lra-hosts-first-digital-symposium-to-showcase-technology-driving-tax-compliance-and-payment-systems/#respond Wed, 15 Apr 2026 15:49:00 +0000 https://liberianewsnetwork.com/lra-hosts-first-digital-symposium-to-showcase-technology-driving-tax-compliance-and-payment-systems/ MONROVIA – The Liberia Revenue Authority (LRA) has hosted its first-ever digital symposium, showcasing a range of innovative online systems designed to enhance tax services, improve compliance, and simplify tax…

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MONROVIA – The Liberia Revenue Authority (LRA) has hosted its first-ever digital symposium, showcasing a range of innovative online systems designed to enhance tax services, improve compliance, and simplify tax payment processes across Liberia.

The symposium, held in Paynesville, forms part of activities marking Taxpayer Appreciation Month and aims to educate taxpayers and stakeholders on the Authority’s growing portfolio of digital platforms for tax filing, payment, and service delivery.

Speaking at the opening, LRA Deputy Commissioner General for Technical Affairs, Gabriel Y. Montgomery, described the event as a significant milestone in advancing digital tax administration in Liberia. He emphasized that expanding digital payment options is critical to making tax compliance more convenient while strengthening domestic revenue mobilization.

“Making it easier for taxpayers to meet their obligations through digital systems directly improves compliance and enhances revenue collection.” He noted.

Deputy Commissioner General Montgomery reaffirmed the LRA’s commitment to deploying innovative solutions to enhance tax collection and reduce the burden of tax payment.

Also speaking, Assistant Commissioner for Management Information Systems Division, Kollie U. Zayzay, highlighted the Authority’s ongoing transition from manual processes to a modern, integrated, and data-driven tax administration system.

He noted that for years, tax compliance in Liberia had been perceived as complex and time-consuming due to fragmented systems and administrative bottlenecks.

Assistant Commissioner Zayzay stressed that the LRA is actively transforming said narrative through strategic digital reforms aimed at improving efficiency, transparency, and taxpayer experience.

“At the heart of this transformation is the Liberia Integrated Tax Administration System (LITAS), which allows taxpayers to register, file returns, generate payment slips, and make payments in real time,” Zayzay explained.

He further outlined additional systems supporting the digital ecosystem, including the deployment of ASYCUDA for customs operations, electronic tax clearance certificates, online verification platforms, duty-free application systems, whistleblower channels, and electronic fiscal devices that capture transaction data in real time.

According to him, the LRA is also strengthening integration with key institutions such as commercial banks, mobile money operators, and the Central Bank of Liberia to enable seamless, real-time transactions and improve service delivery nationwide.

The LRA Assistant Commissioner disclosed that several new digital solutions are currently under development, including electronic invoicing systems, VAT modules within LITAS, a taxpayer contact center, and expanded digital infrastructure to enhance accessibility. He added that initiatives such as USSD-based services are being introduced to ensure inclusion for users without smartphones.

The LRA digital symposium brought together key stakeholders, including financial institutions, mobile money providers, and development partners, to discuss the future of digital taxation in Liberia. Discussions focused on interoperability, user adoption, digital governance, and the infrastructure required to support a modern tax system.

The event underscores the LRA’s broader commitment to strengthening taxpayer engagement, promoting voluntary compliance, and positioning Liberia’s tax administration system for sustainable growth and national development.

The LRA emphasized that digital transformation is essential to improving revenue collection, reducing inefficiencies, and building trust with taxpayers. By simplifying processes and removing barriers to compliance, the Authority aims to create a more transparent, accessible, and responsive tax system.

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Lra Expands Nationwide Tax Compliance Training To Strengthen Local Revenue Systems https://liberianewsnetwork.com/lra-expands-nationwide-tax-compliance-training-to-strengthen-local-revenue-systems/ https://liberianewsnetwork.com/lra-expands-nationwide-tax-compliance-training-to-strengthen-local-revenue-systems/#respond Tue, 14 Apr 2026 14:37:00 +0000 https://liberianewsnetwork.com/lra-expands-nationwide-tax-compliance-training-to-strengthen-local-revenue-systems/ MONROVIA – The Liberia Revenue Authority has intensified efforts to strengthen tax administration at the local level with the rollout of the second phase of its nationwide tax compliance training…

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MONROVIA – The Liberia Revenue Authority has intensified efforts to strengthen tax administration at the local level with the rollout of the second phase of its nationwide tax compliance training for county finance officers and sector stakeholders across six counties.

The initiative, being implemented by the LRA’s Government and Not-For-Profit Division, is part of a broader strategy to enhance domestic resource mobilization and improve compliance with Liberia’s tax laws, particularly at the county level.

The training program targets key actors involved in public financial management, including county administration officials, finance officers, accountants, procurement officers, and logisticians. It also brings together members of county health teams, education officers, and representatives of county councils.

The program is designed to equip stakeholders with the technical knowledge and practical tools required to correctly apply withholding taxes on payments for goods and services, ensure timely remittances, and safeguard government revenue in line with the Liberia Revenue Code.

The initiative also aligns with the Local Government Act, which empowers county administrations to manage development funds for priority projects approved by county councils.

Central to the training is the withholding tax regime, which requires public institutions and other designated entities to deduct taxes at source when making payments for goods, services and labor.

The sessions cover legal obligations of withholding agents, applicable withholding tax rates, sector-specific compliance guidelines, payment timelines, and approved remittance channels, including hands-on training on the use of the Liberia Integrated Tax Administration System (LITAS).

Two LRA technical teams headed by T. Edwin Taylor, Enforcement Officer, and Richmond Dailaway, Compliance Officer, are conducting simultaneous training sessions across participating counties, including Gbarpolu, Bomi, Grand Cape Mount, Grand Gedeh, River Gee, Sinoe, and Maryland, building on the success of the first phase conducted in March.

The nationwide training forms part of the LRA’s ongoing fiscal reform agenda aimed at modernizing tax administration, expanding the use of digital platforms such as LITAS, and ensuring efficient tax filing and payment systems.

Local officials in the targeted counties have welcomed the initiative, underscoring the need that strengthening the capacity of county-level stakeholders is critical to improving compliance, enhancing revenue collection, and promoting transparency in public financial management.

Through sustained stakeholder engagement and capacity-building initiatives, the Authority aims to foster a culture of compliance and strengthen Liberia’s domestic revenue base as a foundation for long-term economic growth.

The LRA remains committed to efficient tax administration, transparency, and professionalism, all geared toward contributing to Liberia’s development and prosperity.

 

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