In January of this year, The Gambia Port Authority (GPA) ceded 70% of the operations of the Banjul Port to Al Bayrak Group now repackaged Al Port. According to The Gambia government, the Banjul Port has suffered several years of underinvestment and that the port’s inefficiency would continue to cause[Read More…]
Tag: Gambia: Gov’t
Barrow’s Gov’t Returns Turo Darboe’s D23M In Botched Land Transaction’
Prominent Gambian philanthropist Momodou Turo Darboe has reportedly lost on a D23M land deal to a foreign national in a transaction carried out by the Sheriff Division of the High Court. Sources informed JollofNews that Mr. Darboe paid D23M to acquire the land somewhere around Fajara, but later flew out[Read More…]
First-Ever Tariffs Case Against Gov’t Resumes At High Court Thursday
The first-ever tariffs case instituted against the Government of The Gambia by the country’s cement trade unions is expected to proceed at the Banjul High Court on Thursday. The Cement Importers and Traders Alliance(CITA) and the Cement Importers and Agents Association of The Gambia are embroiled in a legal tussle[Read More…]
We Denied Mbye Cement Because Of Price Manipulation — Hamidou Jah
Jah Oil company’s CEO Hamidou Jah has stated that a prominent member of the Cement Importers and Agents Association of The Gambia Baboucarr Mbye was denied cement at the Jah Multi-factory because of “price manipulation”. Mr. Jah accused Mr. Mbye of deliberately inflating the retail price of cement in order[Read More…]
Jah Oil Factory ‘Turning Away Cement Trucks In Retaliatory Move’
Jah Oil Multi-factory has been turning away the cement trucks of some vocal members of the Gambia Cement Importers and Agents Association of The Gambia in what was seen in some quarters as a retaliatory measure. There was an onrush of cement trucks to the Jah cement factory in Brikama[Read More…]
KM Mayor Wades In Cement Issue
The mayor of KM Talib Ahmed Bensouda has added his voice to chorus of voices, lamenting The Gambia’s cement situation. “Today if you take a look at cement, it was scarce last week. There was no cement in the whole country. And when you get lucky to access it, you[Read More…]
IMF Approves $63.5M Climate Support For Gambia, Clears Additional $17M Loan
The International Monetary Fund (IMF) has approved two new financial packages for The Gambia, signaling continued support for the country’s economic reforms and its push to confront the growing impacts of climate change. On Wednesday, the IMF’s Executive Board signed off on a climate-focused facility worth about $63.5 million under[Read More…]
Gambia Gov’t Reneges On Vow To Deliver 150 Tractors To Farmers
The Gambia government has been unable to follow through on its vow to import 150 tractors for farmers before the seasonal rains begin. The Minister of Agriculture, Dr. Demba Sabally, last month told Star FM Wake-up Gambia morning program that an order was placed for the tractors and they would[Read More…]
Cement Importers Assoc. Calls On Gov’t To Investigate Dr. Ceesay’s Tax Evasion Claim Against Dealers
The Cement Importers and Agents Association of The Gambia has called on the Gambia government to launch an impartial and independent investigation into the recent claim by information minister Dr. Ismaila Ceesay that local cement dealers have been depriving the government of tax revenue through their cross-border cement trade. Dr.[Read More…]
GRTS’s Haddy Badjie Grills Dr. Ceesay Over Gov’t’s Cement Tariff Policy
Veteran broadcaster Haddy Badjie earlier this week engaged the information minister Dr. Ismaila Ceesay in a frank discussion around the ongoing uncertainty in the cement market due to the Gambia government’s 180% tariffs on a bag of imported cement. At the time of the mid-morning discussion on GRTS, the country[Read More…]