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…]
Tag: Economy
Concerns Mount Over Fate Of Withdrawn Dalasi Banknotes
Concerns over the fate of withdrawn Gambian banknotes continue to grow in several quarters. It’s the best operational practice in central banks across the world to withdraw mutilated and worn-out currency banknotes from circulation. The quality of the dalasi notes has rendered them susceptible to mutilation and wear and tear.[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…]
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