Local cement importers are battling it out with The Gambia government in court over the tariff-induced devastations to their livelihoods with the Banjul High Court set for adoption of briefs on May 21st. The Gambia government sometime last year increased the tariff on a bag of imported cement from D30[Read More…]
Tag: cement
Gov’t Refuses To Eliminate Cement Tariff Despite Signing US$20M Murabaha Financing Agreement’
Despite signing a US$20M Murabaha financing agreement in February for the importation of essential items, The Gambia Government insists it will not remove the 180% tariff it slammed on a bag of imported cement. The thinking behind the Murahaba financing agreement is to facilitate the importation of essential commodities such[Read More…]
Gov’t Reportedly Asked Jah Oil To Revert To Previous Cement Price, Cites Violation Of MoU
The Gambia Government has reportedly asked Jah Oil to maintain the old cement price barely 72 hours after the company effected an upward revision in the cement price. Jah Oil released a statement this week, announcing its move to increase the price of a bag of cement from D355 to[Read More…]
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