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Gambia’s President May Move to Lower Food Prices, GRTS Says

Tuesday, 01 March 2011 20:47

jammehBloomberg - Gambia’s President Yahya Jammeh may move to lower prices of food in the West African nation, state- owned Gambia Radio and Television Services cited the leader as saying.
Jammeh told importers of basic commodities at a meeting in Banjul, the capital, yesterday to bring down the costs, according to the broadcaster. Finance Minister Mamburay Njie blamed what he described as cartels for the high prices, GRTS said.

Comments  

 
0 #9 2011-05-09 13:37
Sir if you are so good in this sector and you love your country come back and do better. All Gambians are call to come back home and not to be out there and crying helpless Gambia.

follow me to Banjul to do better, I have started, when will you be there?

Jarju
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+1 #8 2011-03-04 17:49
Mr HALAKE
Very right, but affordability at reasonable price of is far more complicated than threats and plead he plays on the stakeholders. In GRTS, Jammeh told them that “higher price give them not many customers but with low price they can have many customers and increase profits”. How can you rule a country in this modern age, one cannot understand or be briefed about costs attribution in production volume increase in Economic of scale. The main problem for Gambia, is mainly his illiteracy and annexed of ventures in Gambia food sector, instead of being a civil servant and help provide state resources to create strategic attributions for the internal and external economic of scale of food production and agriculture. He was planning to start exporting rice he said on TV?. This man has no clue of simple business or economic theories nor have the background or the right man to tackle such a vital sector or economic development for Gambia. Period
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0 #7 2011-03-03 13:00
There are definate signs of the dam breaking for the APRC.

Once the UDP smell blood the momentum could be quite compelling in there favour.

Economic forces are conspiring against all governments just now.
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+5 #6 2011-03-02 09:10
It was shocking to note that all those importers of food commodities are foreigners. Jammeh is laying the foundation to enter the commodity market, his new enterprise will be called KANILAI FOODS. I bet my life that the commodity market in The Gambia will never be 'normal' as before once he sarts meddling in the prices of food stuffs for personal gains. He might not be interested in making profits as we are made to believe, but his widening business enterprises would only create employment for his clans men. A close look at prices in our neighbouring countries would reveal that generally the food prices in the Gambia are relatively better. Globally prices of foodstuffs have been steadily rising reflecting teh trend around the world and Gambia is no exception. Please stop meddling in the private sector and tell Gambians how much profits you are making form all your businesses.
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+2 #5 2011-03-02 06:04
I think any pronouncement on food price hikes in Gambia is a mere rhetoric.Every one knows where the problem lies.Increasing tax on food imports automatically raise prices.So,if anyone is serious about it,sort that out!
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+2 #4 2011-03-02 02:20
Jammeh should stop giving away tax payers money to muscians and groups making daily visits to State House. He should also stop the never ending Kanilia festivals and spend that money into something productive. Without remittance, the average Gambian family will starve to death.
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+6 #3 2011-03-01 23:13
From Day 1 Jammeh has taken FOOD absolutely seriously. I was with Baba Jobe in 2001 unloading the so-called APRC Rice at the Banjul Ports, and in 2008 George Madi Snr and his fellow importers were sweating it out in Kanilai (I see now visiting State House is George Jnr who once said to his Mafia colleague "That Observer MD must be a foreigner, he is too rude"!). FOOD prices are the biggest danger to Jammeh (besides weapons!) and he knows this and will do his utmost to ensure rice is available and reasonably priced - otherwise he might as well say goodbye to State House!
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0 #2 2011-03-01 21:41
A difficult period ahead?
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+1 #1 2011-03-01 21:14
Who are in these cartels... it must be businessmen. Gambia is very small. So the leaders of these cartels should be easy to find. They could start by asking who is the biggest businessman in the country, then investigate him? A proper RICO (Racketeer Influenced and Corrupt Organizations) investigation could yield something.

Lets pray that Jammeh genuinely wants to help the little people instead of taking advantage of these high prices to expand is endless business conglomerate.
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