The Cement Importers and Agents Association of The Gambia has expressed dismay over the trade minister Baboucarr O. Joof’s reaction to the current cement scarcity in the country. Below is the full text of the press release issued by the association in response to minister Joof’s comments: “We are deeply[Read More…]
Tag: cement
Cement Importers Association Outlines Measures To End Gambia’s Cement Palaver
The Cement Importers Association of The Gambia has outlined measures that it said the association can implement to end the intermittent cement shortages and price hikes that the Gambian population has been grappling with for more than one year now. The Gambia government last year increased the tariff on a[Read More…]
‘Jah Oil Cement Vessel Still Unable To Berth At Banjul Port Amid Impending Cement Shortage’
Officials of the Banjul Port confirmed to JollofNews on Tuesday that Jah Oil’s cement vessel has yet to dock at the port, despite spending several days at the anchorage. This development has sparked fears of cement shortage and possible cement price hikes in parts of The Gambia as several local[Read More…]
Touray Calls For GCCPC’s Dissolution For ‘Overlooking’ Anti-Competition In Cement Market
Farafenni-based long-standing cement trader Alagie Touray has called for the immediate dissolution of the Gambia Competition and Consumer Protection Commission (GCCPC) for its apparent inaction in the face of the Gambia government’s debilitating cement tariff policy. The Gambia government sometime last year significantly raised the tariff on a bag of[Read More…]
Cement Importers Battle With Gov’t For Salvation Of Tariff-Induced Lost Livelihoods
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…]
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…]
Jah Oil Increases Cement Price
Jah Oil has increased the price of a bag of cement from D355 to D390. “This decision was made reluctantly due to significant and unavoidable increases in global market prices for cement and clinker, compounded by the depreciation of the Dalasi against the US Dollar,” the company said in a[Read More…]
Landmark Cement Tariff Case Against Gambia Gov’t Resumes May 8
The unprecedented tariff lawsuit that local cement importers instituted against the Gambia government will resume on 8th May at the Banjul High Court Annex. The Cement Importers Alliance of The Gambia dragged the Government to court in March of this year after its many requests to the Gambian authorities to[Read More…]
Gambia Lifts Ban On Import Of Agric Produce
(JollofNews) – The Gambian regime of President Adam Barrow has lifted a ban on the import of onions and potatoes into the country. The ban was imposed a few years ago by the previous regime of Yahya Jammeh “to encourage Gambians to take up farming and grow what they eat[Read More…]
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