Business

Port congestion in Banjul is currently causing significant service disruptions not only for the Port Authorities but most specifically to the charter shipping companies. As a result, several shipping lines have reviewed their economic model in relation with the port of Banjul as they've increased the emergency congestion surcharge on containers…

The government of The Gambia has projected a potential revenue loss (GDP) from its initial forecast of 6 percent to a lower 2 percent as a result of the COVID 19 pandemic. We know this from President Adama Barrow’s own words in his fourth State of the Nation address to the National Assembly on Thursday. According to the president, the country…

"Areas with a high percentage of international calls also have a large concentration of families with international migrant workers.  The out-migration intensified between April 19-25th, the beginning of Ramadan, likely because people opted to stay with relatives in rural areas".

Markets in The Gambia currently suffer a prolonged shortage of fish supply for domestic consumption attributed by many vendors to the low turn-out of foreign small boat suppliers. Many fishermen getting catches for local gambian markets with those boats are non Gambian nationals currently trapped away from gambian seashores due to border closure in…

Liane Sallah, President of the Travel and Tourism Association of the Gambia (TTAG): "The decision for tourists to pay $40 is a very bad decision that may lead to some tourists canceling their trips this year. We (TTAG) have not been engaged nor have we been invited to any discussions or meetings that led to this bad decision".

"We are here to get at least the fish money. But in terms of business, damage has already been done because the market is virtually empty of buyers. I have up to nine children who are all relying on this business"

As Oslo listed Petronor Exploration and Production published earlier this week its interim Financial Report for the Half-year and Quarter ended 30 June 2020, the oil company has announced that it intends to continue with the pending arbitration case with The Gambia at the International Centre for Settlement of Investment Disputes. Initially, the…

The Gambia used to rely on imported seeds and nuts for farmers’ use in cultivation. Due to climatic differences with some varieties, they have been proven to produce bad quality produce at the end of the farming season. The government therefore approved 20 million dalasi to the National Seeds Secretariat (NSS) to procure quality locally seeds…

The Gambia relies heavily on the importation of basic food commodities such as rice, onion, potatoes and oil to feed its more than two million citizens. With the coronavirus pandemic ravaging almost every nation on earth, the global market for food is currently going through price hikes as a direct consequence. Tourism as one of three biggest…

The business environment is the hardest hit sector by coronavirus pandemic across the world including The Gambia where people who live from hand-to-mouth basis are suffering to survive. The Gambia has introduced a state of public emergency on several occasions since March when the first case of COVID-19 was diagnosed. Following the elapse of the…