News

Jammeh left less than $125K in discreet tax account
News

Jammeh left less than $125K in discreet tax account

Gambia’s erstwhile strongman, Yahya Jammeh has left less than five million dalasis ($125,000) in a tax recovery account opened in a local bank, a commission probing his assets heard. The Chief Executive Officer of Trust Bank, Ebrima Sallah told the Commission that $850,000 (D34 million dalasis) was deposited into the […]

Gambian banks face financial risk
Business

Gambian banks face financial risk

The Gambia’s banking industry faces financial risk as the yields on government treasury bills continues to plunge throughout 2017 in addition to the Monetary Policy Committee rate cuts. The decline of these two important rates could affect the industry’s interest revenue and possibly the operating profit if the banks fail […]

Gamtel didn’t see a dime from gateway revenue
Business

Gamtel didn’t see a dime from gateway revenue

Gambia’s state-owned telecom company, Gamtel has not received a dime out of millions of dollars generated by its international gateway, its managing director, Sulayman Susso said. Telecom company and its cellular subsidiary, Gamcel are facing blackmail and sabotage from an international biller, MGI, which was contracted by the country’s ex-regime. […]