Thursday, June 10, 2010

Gambia: Fuel Price Goes Up

News Banjul The Gambia (MB)- With effect from yesterday Wednesday, fuel price in The Gambia has increased, after an announcement was made over the state-owned The Gambia Radio and Television Services Monday 7th June 2010 announced that there would be increase in price of fuel starting Wednesday 9th June 2010 with is now effective in all parts in the country.

Drug Case Till End June

NEWS BANJUL THE GAMBIA(MB)- Twelve people of foreign origin – Venezuelan, Dutch, and Nigerian – have been charged before the Banjul Magistrate Court for drugs drug possession and trafficking offences. The accused persons have denied the charge.

All the 12 accused persons stepped into the dock as they were called one after the other, and informed the court that they were yet to secure legal representation. The court clerk was then instructed to read the three counts charges followed by an interpretation of the charges in the Spanish to four of the accused persons (sixth, seventh, eighth and eleventh) who claimed to have not understood the English version.

Gambia; Cocaine Worth over US$1 Billion sized from 12 Suspects

NEWS BANJUL THE GAMBIA (MB) -The National Drug Enforcement Agency (NDEA) of The Gambia has successfully made one of the biggest drug seizures in Gambian history in their quest to make the country a drug-free environment following the arrest of 12 suspects on Tuesday.

The suspects were said to have been involved in trafficking over 2 tonnes, 340kgs, 500 grams of cocaine worth over US$1 billion which was stored in a warehouse in Bonto and at the Baobab Island in Kuloro, Kombo East, Western Region.

Tuesday, June 8, 2010

Avian Influenza Poses Threat to Lives and Livelihoods of………

NEWS BANJUL THE GAMBIA(MB)- Avian Influenza poses a real threat to the lives and livelihoods of millions of people around the world, to the economy and to human health, words of Gambian Deputy Minister of Agriculture Mr. Kalifa Kambi presiding over the official opening of five days Sub- regional training of trainers for the Joint Rapid Response Teams in Banjul from 7 to 11 June 2010.

The training of trainers workshop comprises of experts from Agriculture, Health and Wildlife sectors from english speaking West African Countries namely, nigeria, Sierra Leone, Liberia, Ghana and The Gambia. The training is implemented within the framework of the Support Program to Integrated National Action Plans for Avian and Human Influenza (SPINAP-AHI).The training is co-funded by European Commission (EC) and African Union Interafrican Bureau of Animal Resources (AU-IBAR).

GIABA Set for Seminar on Economic, Financial Crimes

GIABA to hold 3rd Seminar on Economic and Financial Crimes for
Judges in English Speaking Countries in West Africa, Banjul, The Gambia, according to a press release from GIABA communication Unit in Dakar Sengal said.

This training is in line line with its mandate to facilitate the implementation of measures against
money laundering and terrorist financing in accordance with acceptable
international standards, GIABA functions as a forum for member States to discuss
matters of regional interest and share experiences.

Gambian's Banking Industry Remains Sound- Declares Vice President

Dr. Ajaratou Isatou Njie, Vice President of The Republic of The Gambia, yesterday told the 8th annual meeting of the Board of Governors of the ECOWAS Bank for Investment and Development that the Gambian banking industry is expanding significantly and remains sound as it does not have significant foreign liabilities.
Presiding over the official opening of the meeting at the Kariaba Beach Hotel on the outskirts of Banjul, she said "Despite the global financial crisis, The Gambia's banking industry is expanding significantly and remains sound as it does not have significant foreign liabilities. Total assets of the commercial banks increased by 18.7% from D12.5 billion at the end of December 2008 to D14.8billion at the end December 2009. "The banking industry's overall capital adequacy ratio and asset quality are satisfactory. 'The industry's average's risk-weighted capital adequacy was 18.1% at end December 2009, well above the statutory requirement of 8%," she stated.

Wednesday, June 2, 2010

Africa: Inadequate, unreliable and Very Expensive Electric Power

NEWS BANJUL THE GAMBIA(MB)- The Gambian Minister of Energy has told more than three hundred delegates that are currently attending five days regional forum that inadequate, unreliable and very expensive electric supply is hindering Africa’s development.

Honorable Sira Wally Ndow Njie Gambian Minister of Energy has said this at the official opening of the workshop on Organisation of Electric Power Structure and Associated Training of the African Forum for Utility Regulators (AFUR), hosted by The Gambia Public Utilities Regulatory Authority (PURA) in Banjul from 31 May to 4 June, 2010.