Gambia Archives - AfricaBusiness.com

23Oct

By Africa BusinessNo Comments

Executions of Prisoners: Fear Hangs Over Diplomatic Rupture With Senegal

By Amat JENG It was about an hour-and-quarter before we entered a new chapter of our lives – September 2012, which will never rebound until the characters in this magnum opus part with the World. Here, in the heart of the Senegalese capital, Dakar, yet still the debate is going on the radio, TVs and even on the internet about the current state of affairs unfolding in The Gambia. The providence of the volatile peace between The Gambia and sister Senegal is hanging in the balance of probability, as Senegal is pulling up shocks to ensure the discontinuity of the latest fist that Jammeh punches on their faces, following the news of the executions of nine prisoners including two Senegalese nationals, Tabara Samba, who was on death row for killing her husband, and Djibril Ba respect...

10Jul

By AfricaBusiness.comNo Comments

African News

Africa – Mobile Voice Market and Major Network Operators

Market penetration to reach 60% among Africa's one billion people in 2012 Mobile phones represent more than 90% of all telephone lines in Africa. Market penetration passed the 50% mark in 2010 and is expected to reach 60% in 2012. Subscriber growth across the continent has slowed to around 17% p.a, but several individual markets are still growing at 50% p.a. or more and others stand at only single-digit penetration rates. The continent's most advanced markets have passed the 100% penetration mark. Although the greatest demand is in the major cities, cellular solutions are also being employed to increase accessibility in rural and other disadvantaged areas. In addition to mobile networks, Wireless Local Loop (WLL) systems have been introduced in a large number of countries for the provision...

7Jul

By Amat JENGNo Comments

Africa Travel, African News, Gambia News

GAMBIA: TOURISM SECTOR SHINES DESPITE BOTTLENECKS IN GLOBAL ECONOMY, SAHEL REGION

by Amat JENG http://www.mediarevolution-amat.blogspot.com The Minister of Tourism and Culture of The Gambia has appreciated the trend of the tourism sector saying it is undergoing “tremendous transformation”, despite the turbulence in the global economy, exacerbated by political turmoil in some parts of the Middle East, North Africa and in the Sahel. Minister Fatou Mas Jobe-Njie was speaking during the recent Ecowas Tourism Ministers’ Summit hosted by The Gambia at the Kairaba Beach Hotel in Kololi, where she said “this tremendous transformation” came as a result of the dynamic changes at the global level, which has necessitated the adoption of certain reforms at both global and national levels to meet the challenges and stay competitive. The global economic meltdown coupled...

7Jul

By Amat JENGNo Comments

African News

ACCESS BANK HOLDS AGM WITH TOTAL ASSETS, CONTINGENTS GROW AT D991 MILLION

by Amat JENG Access Bank (Gambia) Ltd on Wednesday held its fifth Annual General Meeting (AGM) at the bank’s head office along Kairaba Avenue. Started with a required quorum, the meeting witnessed the Chairman board of directors of the bank, Bai Mattar Drammeh, declared total assets and contingents to have grown by 7.7% from dalasi 920 million in 2010 to dalasi 991 million as at end December 2011. “The bank implemented turnaround strategies that resulted to operational profit (before credit loss) of GMD3 million compared to a loss of GMD16 million in [the] year 2010. However, the high level of non-performing loan was a challenge and resulted to further provision,” he said. Mr Drammeh pointed to the global economy slow recovery and said fears of recession “remained prevalent with a rash of ...