Economy

Gambia Ports MD Acknowledges Ferry Service Delays, Pledges Improvement

Frederic Tendeng May 19, 2024

Gambiaj.com – (BANJUL) – Ousman Jobarteh, Managing Director of the Gambia Ports Authority (GPA), has expressed regret for the unpleasant interruptions brought about by recent ferry malfunctions on the vital Banjul-Barra crossing. Jobarteh announced efforts to increase ferry efficiency and reliability and guaranteed that the Kunta Kinte ferry will be operational again in two weeks.

Senegal Strengthens Regional Power Grid with New Gambia Link

Frederic Tendeng May 14, 2024

Gambiaj.com – (DJIBORO) – Senegal’s national electricity company, SENELEC, has commissioned a new power link station between Selety in Casamance, Senegal and Djiboro in Gambia’s Western Region. This marks a significant step forward in interstate cooperation between the two countries in the energy sector.

Senegalese Government Reaffirms Commitment to Smooth Trade Relations with Gambia

Frederic Tendeng May 13, 2024

Gambiaj.com – (DAKAR) – The Senegalese Minister of Commerce and Industry, Dr. Serigne Gueye Diop, has reaffirmed his commitment to ensuring the smooth operation of trade between The Gambia and Senegal. Acknowledging the challenges faced, he highlighted efforts to elevate the economic and commercial exchanges between the two countries in recent years.

PETROSEN Announces Arrival of Key Production Unit for GTA Gas Field in Senegalese Waters

Frederic Tendeng May 13, 2024

Gambiaj.com – (DAKAR) – PETROSEN, the Senegalese oil production company, has announced the arrival of the floating gas production and storage unit in Senegalese-Mauritanian territorial waters. The unit is destined for the Grand-Tortue Ahmeyim (GTA) field.

Gambia Ranks Sixth Globally in Higher Beer Taxes, Facing Industry Backlash

Frederic Tendeng May 12, 2024

Gambiaj.com – (BANJUL) – In the ever-evolving landscape of global beer consumption, The Gambia has emerged as a standout in beer tax rates. A recent report by Insider Monkey reveals that The Gambia tops the list in Africa and ranks sixth globally, with beer taxes standing at a notable 50.17%.

Blaise Diagne Intl. Airport Dramatic Runway Incident: Passengers Blame Stubborn Pilot

Frederic Tendeng May 11, 2024

Gambiaj.com – (DAKAR) – A chartered aircraft operated by Air Senegal veered off the runway during takeoff for Bamako, Mali, late Wednesday night at Blaise Diagne International Airport (AIBD), resulting in a fire in one of the engines and eleven recorded injuries. Among the more than 70 passengers on board, five individuals shared their terrifying ordeal with L’Observateur.

British Investor Highlights Low Wages in Gambian Labour Market

Frederic Tendeng May 8, 2024

Gambiaj.com – (BANJUL) – Lucas Galbraith, a British national with over 25 years of experience in West Africa, is in The Gambia to invest in the fruit processing business. However, he has raised concerns about the low wages paid to Gambian workers in the sector.

Gambia OIC Secretariat Distances Itself From Unbuilt Five-Star Radisson Hotel Project

Frederic Tendeng May 8, 2024

Gambiaj.com – (BANJUL) – Yankuba Dibba, the Chief Executive Officer of the Gambia OIC Secretariat, recently provided insights into the unbuilt OIC five-star hotel, originally intended to accommodate VVIP guests during the summit. Speaking at a post-OIC press conference with Gambian media, CEO Dibba addressed questions surrounding the hotel’s failure to materialize and discussed the future steps regarding this project.

Maersk Announces New Peak Season Shipping Surcharges to Gambia and others

Frederic Tendeng May 8, 2024

Gambiaj.com – (BANJUL) – Maersk, the Danish ocean carrier, has announced new peak season surcharges (PSS) for shipping from China, Hong Kong, and Taiwan to several African destinations.

Gambian Civil Servants Angered by Flip-Flop on Allowance Increments

Frederic Tendeng May 7, 2024

Gambiaj.com – (BANJUL) – In a series of confusing events, Gambian civil servants have been left frustrated by the government’s indecision regarding their allowances. The saga began in November 2023 when the cabinet approved an increase in transport and residential allowances for civil servants, without any request from the recipients.

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