Economy

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.

EFSTH Cash Collection Jumps by 240% a Month After Outsourcing to GTBank

Frederic Tendeng April 16, 2024

Gambiaj.com – (BANJUL) – The new cash collection system at the Edward Francis Small Teaching Hospital, in collaboration with Guaranty Trust Bank (GTBank), has significantly increased revenue. Implemented just a month ago, the program mandates that GTBank, with tellers installed at the hospital and its annexes, receives payment for all consultations and expenses.

Operation Clear the Roads’ Resumes to Tackle Illegal Encroachments on Public Spaces

Frederic Tendeng April 15, 2024

Gambiaj.com – The Special Task Force Against Illegal Encroachment of Permanent and Temporary Structures on Public Spaces, known as ‘Operation Clear the Roads,’ is set to resume operations on April 15, 2024. This decision comes following the expiration of the government’s moratorium, with the task force aiming to ensure that public spaces remain free of unauthorized structures that hinder pedestrian and vehicular traffic.

Ferry Transport Between Banjul and Barra Suspended, Kanilai Withdrawn for Repairs

Frederic Tendeng April 13, 2024

Gambiaj.com – The Gambia Ferry Service Management has announced the temporary suspension of ferry services between Banjul and Barra. This decision comes as the Kanilai Ferry has been withdrawn from service for urgent repair works, effective immediately.

Shipments to Gambia – CMA CGM Announces Peak Season Surcharges

Frederic Tendeng April 12, 2024

Gambiajcom – CMA CGM shipping company has announced the implementation of Peak Season Surcharges (PSS) for shipments to Gambia, with varying effective dates based on the origin and destination of the cargo.

Rescue Operation Underway for Kanilai Ferry in Distress; No Lives Threatened

Frederic Tendeng April 12, 2024

Gambiaj.com – The Gambia Ferry Services has negotiated to hire the Sino Majilac Jalbak tugboat to tow the Kanilai ferry. Our most recent information indicates that the tugboat Sino Majilac Jalbak has indeed been dispatched to assist with the rescue operation.

Kanilai Ferry Stranded at Sea and Drifting, Passengers Express Frustration

Frederic Tendeng April 12, 2024

Gambiaj.com – Since 5 AM this morning, the Kanilai ferry, which departed from Banjul en route to Barra, has been adrift at sea. Passengers onboard have reported that the ferry’s engines are currently inactive, leaving it unable to reach its intended destination.

Gambia Revenue Authority Defends Duty Stamp Contract with SICPA

Frederic Tendeng April 4, 2024

Gambiaj.com – The Gambia Revenue Authority (GRA) has defended its decision to sign a duty stamp contract with Swiss company SICPA amidst criticism from various quarters. The Commissioner General of GRA, Yankuba Darboe, addressed journalists yesterday, stating that the criticism is unfounded and based on a misunderstanding of the contract’s contents.

President Faye Announces Audit of Oil, Gas, and Mining Contracts, Electoral and Judicial Reforms

Frederic Tendeng April 4, 2024

Gambiaj.com – In a televised message on Wednesday, newly elected President Bassirou Diomaye Faye welcomed investors to Senegal and promised to examine the mining, oil, and gas sectors. In a March election, Faye comfortably defeated the ruling coalition’s nominee, signaling high hopes for change in the nation of approximately 18 million people.

Oil Marketing Companies in the Gambia to Cease Fuel Dispensing over Pricing Dispute

Frederic Tendeng April 2, 2024

Gambiaj.com – In a press release issued Monday, the Oil Marketing Companies (OMCs) operating in The Gambia have expressed their dismay over unilateral decisions made by the Ministry of Finance and Economic Affairs regarding petroleum product pricing. The OMCs, serving as suppliers of petroleum products, employers, taxpayers, and business entities, highlighted several key grievances.

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

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