Business

The World Bank and The Gambia have signed $35 million on Monday to strengthen fiscal management for better public service delivery.  According to the World Bank, the fiscal management development project will support the government’s National Development Plan for 2018-2021 by restoring fiscal discipline, improving public sector efficiency,…

The Gambia is a popular tourism destination in the West African sub-region, attracting more than two hundred and nineteen thousand (219,000) tourists in the 2018 - 2019 tourists season according to authorities. The sector also creates more than one hundred and fifty thousand (150,000) jobs for the skilled, semi-skilled and unskilled nationals…

Foreign direct investments (FDIs) contribute quite substantially to African economies every year. In 2018, the flows of these monies towards Africa were quite steady and the key investors involved were the United States of America, France, the United Kingdom, China, the United Emirates and India. Chinas' capital investment during this year was…

Three local government administrations have requested for the central government’s bailout amid decline in revenue collections as a result of the coronavirus pandemic.  The head of Mansakonko Area Council, Kuntaur Area Council and Basse Area Council respectively have all made the call, indicating that the intervention of the central government…

The Gambian President Adama Barrow says Wednesday the impact of the coronavirus pandemic on human lives and livelihoods is extremely destructive. President Barrow was addressing the virtual extraordinary sessional summit of heads of state and government of the Organization of African, Caribbean and Pacific States (OACPS).   The theme of the…

On December 26th, 1945, the French Government created the CFA Franc and the CFP Franc in their former colonies to facilitate imports from France. The authorities were motivated by the fact that the French Franc was weak compared to the U.S. Dollar after World War II because of the devaluation it underwent. The exchange rate of the CFA was fixed…

In 1950, the atmospheric carbon dioxide level was at 300 parts per million. In 2020, it is at 420 parts per million according to www.climate.nasa.gov. These figures are quite important to mankind as it tries to understand and remedy the various effects of our species on the climate. According to the same source: "The Earths' climate has changed…

The Minister of Finance and Economic Affairs, Mambury Njie has welcomed the World Bank $30 million grant support to The Gambia. The World Bank has announced Thursday that it has approved the amount to the West Afruican state to improve its debts and public investment management, financial viability and service delivery in the energy and telecom…

The World Bank has announced on Thursday the approval of a $30 million development policy grant to support Gambia to improve debt and public investment management, financial viability and service delivery in the energy and telecom sectors, and enhance the transparency and governance framework of State-Owned Enterprises (SOEs). ‘’This first in a…

Students enrolled in rural learning institutions including both lower basic and secondary schools have been practically excluded from benefiting from the distance learning method which is being tutored through the television channels and radio stations. The strategy was employed by the Ministry of Basic and Secondary Education (MoBSE) in March…