Markets

The Gambia Among Top 10 African Countries Facing High Inflation and Economic Pressure

Frederic Tendeng April 18, 2024

Gambiaj.com – (BANJUL) – The Gambia, an import-dependent nation, is one of 10 African nations grappling with the impact of global price fluctuations. Recent data indicates a concerning trend, with Gambia’s inflation rate jumping from 9.2% in February to 17.1% in March. The government is closely monitoring the situation and implementing strategies to address the rising inflation, ensuring stability and affordability for its citizens.

Gambia Implements Measures to Stabilize Essential Commodity Prices

Frederic Tendeng March 11, 2024

Gambiaj.com – The Government of The Gambia has taken proactive steps to mitigate external shocks affecting the stocks and prices of essential commodities in the domestic market. These measures, outlined by the Ministry of Trade, Industry, Regional Integration and Employment, aim to ensure the availability and affordability of key food items, particularly during the holy month of Ramadan.

Minister of Trade SaysThere is Enough Food to Supply Market for Months

Frederic Tendeng March 11, 2024

Gambiaj.com – The Gambia’s Minister of Trade, Industry, Regional Integration and Employment, Baboucarr Ousmaila Joof, today provided an update on the country’s food stock levels, highlighting the availability of essential commodities such as rice, sugar, flour, edible oil, onions, potatoes, and chicken.

Trade Minister on Why Gambia Sees Rise in Prices of Essential Food Commodities

Frederic Tendeng March 11, 2024

Gambiaj.com – Baboucarr Ousmaila Joof, the Gambia’s Minister of Trade, Industry, Regional Integration and Employment, recently discussed the average wholesale and retail prices of essential food commodities as of March 4th, highlighting some notable changes.

Parliament Questions Finance Minister Over Exclusive Govt $50 Million Loan to Jah Oil

Frederic Tendeng March 7, 2024

Gambiaj.com – Finance Minister Seedy Keita faced tough questioning from National Assembly Members (NAMs) yesterday regarding a $50 million loan facility, equivalent to D3.4 billion, granted exclusively to Jah Oil, a private company. The loan was part of an agreement approved last June by the National Assembly between the government and the Arab Bank for Economic Development in Africa (BADEA) to support Gambian businesses importing food and other essential commodities, aiming to alleviate market price pressures.

Central Bank of The Gambia Aims to Lower Prices of Basic Commodities Ahead of Ramadan

Frederic Tendeng February 28, 2024

Gambia – The governor of the Central Bank of The Gambia, Buah Saidy, has announced plans to reduce the prices of essential food items such as rice and sugar, particularly important as the country approaches the Muslim fasting month of Ramadan.

Minister Urges Business Community to Lower Prices Ahead of Ramadan

Frederic Tendeng February 27, 2024

Gambiaj.com – Speaking at the President Adama Barrow peace award ceremony, Hamat Bah, the Minister of Tourism and Culture, urged the business community operating in The Gambia to alleviate the financial strain on Gambians by reducing the cost of essential goods before the start of the Muslim holy month of Ramadan.

Gambia’s Department of Fisheries Enhances Staff Skills with Five-Day Data Collection Training

Frederic Tendeng February 21, 2024

Gambiaj.com – The Department of Fisheries in The Gambia is conducting a five-day training session on data collection in fisheries management for its staff, running from 20th to 25th February 2024. The training program has brought together participants from various units of the department.

Sugar Prices Projected to Increase, Gambia Trade Minister Marns

Mariama Cham January 15, 2024

According to the Gambia’s Trade Minister Baboucarr O. Joof, global inflation will cause sugar prices to climb even further in 2024.

Groundnuts Trade: Farmers Accuse Govt of Cheating, GGC Denies, Points to Seccos

Awa Colley December 20, 2023

The government of Gambia is accused of taking 3 kg of every bag of groundnuts from farmers. But the National Food

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The Gambia Among Top 10 African Countries Facing High Inflation and Economic Pressure

Gambia Implements Measures to Stabilize Essential Commodity Prices

Minister of Trade SaysThere is Enough Food to Supply Market for Months

Trade Minister on Why Gambia Sees Rise in Prices of Essential Food Commodities

Parliament Questions Finance Minister Over Exclusive Govt $50 Million Loan to Jah Oil

Central Bank of The Gambia Aims to Lower Prices of Basic Commodities Ahead of Ramadan

Minister Urges Business Community to Lower Prices Ahead of Ramadan

Gambia’s Department of Fisheries Enhances Staff Skills with Five-Day Data Collection Training

Sugar Prices Projected to Increase, Gambia Trade Minister Marns

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