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: Economy
Will Gambia Gov’t Release Rainfall Forecast Tomorrow?
The Department of Water Resources under the Ministry of Fisheries and Water Resources has presented to the Office of the President its rainfall forecast for the year 2025, but the document is gathering dust from the shelf, competent sources informed JollofNews. According to sources, the release of the rainfall predictions[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…]