Business

The novel coronavirus continues its ravaging effect by killing thousands of people and placing more than half-a-million people on sick beds across the world. The businesses are also grinded to a halt due to its intensifying spread around the world. In the Gambia, where four people have been confirmed infected with one death so far by the virus…

The Ministry of Justice has released regulations Tuesday signed by President Adama Barrow that empowers law enforcers to arrest and prosecute any businessperson who is found hoarding essential commodities in the country. The prices of the basic food commodities such as rice and cooking materials and other non-consumable items such as soaps and…

The chairman of Kuntaur Area Council, Saihou Jawara is worried that his council could struggle to pay staff salaries starting this March amid the suspension of lumos (weekly markets) in his area due to the coronavirus pandemic.   He said they have already incurred the financial loss amounting to more than D100, 000 after missing the second lumo…

Those who know the Village Complex, situated in Senegambia which houses different restaurants and shops including Jay's Burgers would know that the place is always crowded. Apart from being an eating and refreshment ground, the place also creates a social platform where many meet up to enjoy the environment. But the novel Coronavirus case that…

Royal Air Maroc and Brussels Airlines are facing a widespread shutdown over coronavirus fears after airlines announced new flight reductions as more countries introduced travel bans and isolation requirements. The two airlines, Royal Air Maroc and Brussels Airlines, stated today that it would start implementing a phased suspension of flights…

The Finance Minister of The Gambia, Mambury Njie, has told lawmakers on Monday that the country could lose in revenue a whopping estimated 1 billion dalasi due to the coronavirus pandemic. He added that the estimated impact of the virus on the economy is also estimated to result in a budget financing gap of about D 2.5 billion. "In terms of…

This spring close to one thousand delegates from more than seventy countries will convene in Washington D.C for the 22nd Annual Global Private Equity Conference. Hosted by the International Finance Corporation, a sister organization of the World Bank, the conference brings people together from a broad array of institutions in order to explore…

The Governor of Central Bank of The Gambia (CBG), Bakary Jammeh said the effective public financial management institutions underpinned fiscal and macroeconomic stability.  He justified that such institutions guide the allocation of scarce public resources to national priorities and support the efficient delivery of services for poverty…

Several bar owners in the coastal settlement of Sanyang has called for the immediate closure of Nassim Fishmeal factory that is located on the beach, as the odor which is being emitted by the factory poses threat to health thus creating a serious impact on their gains as well as the nearby local dwellers.   Sanyang is in Kombo South and its…

Medina Sering Mass, a northern Gambian community, is a well-known village that has been existing for close to a century, or even more without electricity – just like many rural Gambian communities. But the natives are today in jubilation after the ongoing-rural electrification project ended the darkness and got them into business ventures that need…