Browsing: Business

Liberia has taken a major step toward strengthening its energy sector following the signing of a landmark US$26 million agreement aimed at establishing the country’s first electrical manufacturing and refurbishment plant.

A new price ceiling is now in effect for cooking gas, with the Ministry of Commerce capping a 12kg refill at US$28.00. Authorities say the move is aimed at stopping arbitrary price hikes and protecting consumers, as inspectors begin strict market monitoring.

The Central Bank has now made it mandatory for banks to include coins in every Liberian dollar withdrawal, but how will this impact your everyday transactions and spending habits?

Liberian content creators are about to get a major boost as the LTA rolls out a two-day Meta and TikTok monetization training this May. With only 150 slots available, the program promises to equip creatives with the tools, strategies, and insights needed to turn content into income.

President Boakai has ordered the suspension of the Liberia National Tourism Authority’s controversial fee structure following widespread public backlash. The decision comes amid growing criticism, especially from young Liberians, who questioned the burden and lack of consultation surrounding the new fees.

The Ministry of Commerce has shut down Mira Gas over alleged high pricing, signaling a tougher stance against businesses accused of exploiting consumers. The move follows growing pressure from President Boakai to bring relief to Liberians battling rising living costs. Will this action stabilize prices or create a supply gap?

LNTA has begun a nationwide inspection and star-rating exercise targeting tourism, culture, and creative businesses, but not every establishment will pass the test. From licensing checks to hygiene standards and official 1–5 star classifications, this major rollout could reshape how tourism operates across Liberia. Here’s what every operator and customer needs to know.

Diesel prices in Liberia have increased by 55 cents following a new petroleum price circular issued by the Ministry of Commerce and Industry in consultation with the Liberia Petroleum Refining Company (LPRC).

Liberia could be sitting on billions in untapped mineral wealth. A China-funded geological survey has uncovered major deposits including lithium, cobalt, and uranium, resources that could attract up to $3 billion in investment and reshape the country’s mining sector. According to a report by Business Insider Africa, the discoveries mark the most comprehensive mineral mapping of Liberia in more than 50 years. Read the full story.

Over 30 shops in Monrovia have been shut down after the Ministry of Commerce uncovered unjustified price hikes on essential goods, including rice. Authorities say the move is aimed at protecting consumers and stabilizing prices.