Gambiaj.com – (BANJUL, The Gambia) – Before the Local Government Commission of Inquiry, Sheriff Njie, the former acting Director of Finance for the Kanifing Municipal Council (KMC), provided testimony about how more than D167 million in council funds were managed while he was in office.
Gambiaj.com – (BANJUL, The Gambia) – Salama Njie, a former acting Chief Executive Officer (CEO) of the Kanifing Municipal Council (KMC), has accused Mayor Talib Ahmed Bensouda of nepotism and undue interference during her six-month tenure in 2018.
Gambiaj.com – (Dakar, Senegal) – The Senegalese government has initiated a bold move to deliver on its promise of financial accountability under the leadership of President Bassirou Diomaye Faye. With the establishment of a specialized Financial Public Prosecutor’s Office, significant cases involving alleged mismanagement of public funds are now under active investigation.
Gambiaj.com – (BANJUL, The Gambia) – The Gambia experienced a revenue loss of D4.33 billion in 2024 due to duty waivers, raising concerns about the fiscal impact of such exemptions despite strides in revenue performance through improved tax administration.
Gambiaj.com – (BANJUL, The Gambia) – The government of The Gambia has spent a whopping D2,879,432,900 on vehicles, maintenance, fuel, and lubricants since 2020, raising concerns about inefficiencies and a lack of regulatory oversight. The Standard Newspaper, referencing the 2025 national estimates, reports that an additional D1,621,253,000 has been budgeted for similar expenditures, sparking debate over the sustainability of such spending.
Gambiaj.com – (BANJUL, The Gambia) – In a bold call for action, Foday Joof, a senior risk analyst at the Central Bank of The Gambia (CBG), has advocated for transformative green monetary policies to address the nation’s climate vulnerabilities. Writing for financial publication Finextra, Joof outlined a vision for integrating social and environmental considerations into the country’s financial regulations to foster a sustainable and resilient economy.
Gambiaj.com – (BANJUL, The Gambia) – The Local Government Commission of Inquiry has uncovered intricate financial dealings surrounding the Kanifing Municipal Council’s (KMC) procurement of waste collection trucks, revealing substantial profit margins for Espace Motors and questionable practices in the loan arrangement.
Gambiaj.com – (BANJUL, The Gambia) – The Commission of Inquiry into the financial mismanagement of the Kanifing Municipal Council (KMC) has revealed significant concerns about the “Mbalit” Project, including overestimated truck costs, a lack of transparency from Agib Bank, and bribery allegations linked to senior officials.
Gambiaj.com – (BANJUL, The Gambia) – The Minister of Finance and Economic Affairs, Sidi Keita, delivered the 2025 Appropriation Bill to the National Assembly on Friday, outlining a bold strategy to boost domestic resource mobilization, address socioeconomic inequities, and tackle fiscal vulnerabilities.
Gambiaj.com – (DAKAR, Senegal) – The Senegalese government’s recent attempt to raise 25 billion CFA francs through the issuance of assimilated Treasury bonds (BAT) was met with zero submissions, marking a rare and significant failure on the UEMOA financial market.
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