Economy

Gambia Ports Authority Responds to Allegations of Mismanagement

Gambiaj.com – The Gambia Ports Authority (GPA) has issued a statement in response to a recent article published in the Standard Newspaper. The article, titled “Audit Reveals GPA Spent D1.9 million to buy mobile phones,” highlighted findings from the 2020 audit report on the GPA, revealing what it described as “serious procurement issues.”

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Gambia Implements Measures to Stabilize Essential Commodity Prices

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.

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

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.

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Guaranty Trust Bank to Take Over Revenue Collection at EFSTH, Upsets Some Staffs

Gambiaj.com – Staff at the finance department of the Edward Francis Small Teaching Hospital (EFSTH) have raised concerns over the impending takeover of revenue collection by Guaranty Trust Bank (GTB). The change, set to be implemented on Monday, follows an agreement signed between the bank and EFSTH management, but it has sparked fears among staff regarding transparency, corruption, and mismanagement of funds.

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