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Economy and Finance
Offshore oil miss fails to dent Gambia’s hope
Gambia’s most recent effort to find offshore oil came up short, but explorers hope to drill more wells in 2019
The first offshore well drilled in The Gambia in four decades found more water than oil and has been abandoned. But both the…
Lawmaker urges Gov’t to cancel fishing agreement with Senegal, EU
The 2019 budget estimates has created a new ministry for children, women and social protection though the institution is yet to exist in law and practice.
The National Assembly member for Banjul North constituency has urged the Gambia…
Half of Gambians perceive decrease in corruption over the past year
Almost half of Gambians say the level of corruption in the country has decreased in the past 12 months, Afrobarometer’s maiden national survey in the Gambia shows.
A majority of citizens say that ordinary people can make a difference in…
The government cannot do it alone
In the past few weeks speculation in the town has increased over the Gambian government seeking youth employment opportunities in the kingdom of Saudi Arabia. I am not an economic expert but I struggle with the idea that Saudi Arabia…
Turkish Airlines launches flights to Banjul
Banjul is Turkey's national flag carrier's 54th destination in Africa
Turkey's national flag carrier started flights from Istanbul to Banjul, the capital and important port city of Gambia, Turkish Airlines announced on Monday.
"Banjul…
Gambia to take decisive steps to combat money laundering
Justice minister Abubacarr Tambadou told expert session preceding the ministerial meeting of Intergovernmental Action Group Against Money Laundering in West Africa that evidence shows former president Yahya Jammeh was involved in money…
Gambia to pass law criminalizing market manipulation
Ministers from the countries within Economic Community of West African States are currently meeting in Banjul to discuss issues around money laundering and terrorism financing in the region. The meeting starts today
The Gambia is…
SSHFC staff’s board rep. handed termination letter
The staff representative on the board of Social Security and Housing Finance Corporation has been given his letter of termination, barely a week after his firing has been ordered by President Adama Barrow.
The Gambian leader ordered for…
Gambia: New figure places debt to GDP ratio at 88%
The country representative of the International Monetary Fund, Ruby E.M Randall, told journalists and partners at Atlantic Hotel on Tuesday that Gambia is still at huge risk of debt distress. Randall was speaking at the launch of the IMF…
Gov’t’s spending cuts targets saving D1 billion in 2019
Gambia government plans to implement stricter fiscal measures that could help the country save up to D1 billion in 2019, country’s communication minister said on Thursday.
Following a Cabinet meeting on Thursday, Ebrima Sillah said the…