Saturday, November 26, 2016

P2RS training aims to bolster youth, women on business development, says Mrs Tamba


The assistant business development officer of the project titled, ‘Building Resilience against Food Insecurity in the Sahel’ (P2RS), has said the training activities organised under the project are designed to upgrade the knowledge and skills of rural youths, including women, on business development.
 
Ms Olimatou S. Tamba said overall goal of their training activities is to empower the rural youths and women to become self-reliant.

She made this remark at the official opening ceremony of a four-day training course for rural women and youths on business and income-generating methods, held at the Microfinance centre in Brikamaba, Central River Region, from 14 to 17 November. 

“One of the key activities this training will focus on is writing business plans; the training has been designed to be practical with exercises to provide skills,” Tamba explained.

Thursday, November 10, 2016

GSK calls for research proposals into non-communicable diseases in Gambia, sub-Saharan Africa

Press release

GlaxoSmithKline (GSK) announced the third call for proposals as part of the Africa NCD Open Lab this week, strengthening the company’s commitment to much-needed scientific research into NCDs.

The Africa NCD Open Lab is part of a series of investments GSK is making across Sub-Saharan Africa. The Open Lab, launched in 2014, aims to work in partnership with African researchers and academic groups to conduct research into non-communicable diseases (NCDs) such as cancer, diabetes, cardiovascular disease and chronic respiratory diseases.

NCDs are estimated to account for nearly one third (32%) of total deaths in The Gambia, and across the country the probability of dying at a young age (between age 30 and 70 years) from an NCD is 19%. NCDs cause over half of all reported adult deaths in some African countries, suggesting that NCDs could become a leading cause of health issues, disability and premature death.

The third call for research proposals to address these growing challenges is open from 7th November 2016 until 12th January 2017 and successful applicants will be awarded £100,000 for up to two years, along with scientific support from GSK.

Sunday, November 6, 2016

Presidential candidate without high school qualification ineligible – legal expert



By Lamin Jahateh

Based on the Constitution of The Gambia, any candidate who does not have evidence of completing a minimum of senior secondary school education is deemed ineligible to be president, said a legal expert.

http://www.ihrda.org/wp-content/uploads/2010/08/Jallow-pic2.jpg
Lawyer Malick H.B. Jallow
Malick H.B. Jallow, legal practitioner and senior law lecturer at the University of The Gambia, said the rationale for minimum education requirement stipulated in the constitution for president is to ensure that presidential candidates have a sufficient amount of exposure to formal education that will enable them deal effectively with the role of president.

The Point newspaper recently had an exclusive interview with Lawyer Jallow on the legal interpretation of Section 62 of the Constitution, which outlines the minimum requirement to be president.

Section 62 (1) states that for any person to be eligible to contest for president in The Gambia, the person must be a citizen of The Gambia by birth or descent, attained the minimum age of thirty years but not more than sixty-five years.

The person must also be ordinarily resident in The Gambia for the five years immediately preceding the election; completed senior secondary school education; and be qualified to be elected as a member of the National Assembly. 

“These provisions are interpreted conjunctively, therefore all the listed requirements must be fulfilled for one to be qualified as a presidential candidate and failure to meet any of them renders you ineligible as candidate for the presidency,” Lawyer Jallow said.

The nomination for presidential candidates begins tomorrow, Monday, but the educational qualification of certain presidential candidates remains a subject of public discourse.

For example, the discussion on the educational qualification of the leader of the Gambia Democratic Congress, Mamma Kandeh, continues to gather more steam.

For now, his highest known educational level is the attainment of Secondary fourth certificate from Crab Island Secondary School.

Education experts have explained that Secondary fourth certificate is not equivalent to completion of senior secondary education.

But after graduating from Crab Island, Kandeh is said to have attended a six-month accounting course at the Gambia Technical Training Institute (GTTI), a tertiary institution that provides technical and vocational post-secondary education.

According to Lawyer Jallow, Section 62(1d) is quite clear and conclusive; it states that a person must, as a bare minimum, have completed senior secondary school education to be eligible for the presidency. 

Tuesday, November 1, 2016

NEMA poised to increase income generating capacity of women, youth



Officials on the high table during the opening ceremony of the four-training
The National Agricultural Land and Water Management Development Project, better known as NEMA, is embarking on a four-day training designed to enhance the skills of women and youth on business planning and management of income generating activities.

The training, which started on Monday at the regional education directorate in Basse, Upper River Region, is bankrolled by African Development Bank (AfDB) through a project entitled ‘Building Resilience against Food and Nutrition Insecurity in the Sahel’ (P2RS).

Speaking on the occasion, Ousman M. Colley, regional agricultural director, Central River Region south, said the alarm bell is ringing for women and youth to develop bankable business plans so as to access funding, particularly the agricultural matching grants available within projects in the country.

“We have millions in the coffers of the agricultural projects because we cannot develop bankable business plans, the grants are not moving,” he said emphatically.

Mr Colley noted that the agricultural projects are doing their utmost best in making funds accessible to all deserving youth and women.  He said this is why agricultural projects are launched in all the regions and followed by several trainings and sensitisations to reach rural dwellers.

The regional agricultural director commended Nema P2RS project for “the timely training”, saying capacity building is fundamental in national development.

A representative of the governor of URR, Victor Baldeh also hailed Nema for reaching out to rural youth and women by building their skills on entrepreneurship, business planning and business management.
 rough such training as the one organised by Nema.

He said agricultural projects are supporting and improving the livelihoods of rural youth and women th

Banky Njie, Nema P2RS Business Development Officer, explained that the training will be conducted in three regions: Upper River, Central River south and North Bank regions.

Through the P2RS, 150 young people, male and female, would be trained to enhance their skills in business planning and management, and ways to generate more revenue in any chosen business activity.
 

Tuesday, February 4, 2014

Number of Gambians defaulting in repaying loans increased significantly


The number of people who took various kinds of loan from the banks in The Gambia and failed to pay has increased considerably in 2013, the Central Bank of The Gambia (CBG) says in a report.

The ratio of Non-performing loans (NPLs), loans given to customers which they failed to pay back, increased significantly, from 12.1 per cent in 2012 to 19 per cent in 2013, the quarterly report, released on Friday, of the Monetary Policy Committee of the CBG states.

The intense competition in the banking industry has left commercial banks in the country rocking the boat of bad debts.  This is due to unprecedented increased in lending to both the public and private sectors, which unfortunately led to increased risks of NPLs.

Vulnerable to bad debts

The International Monetary Fund’s mid-2010 report states that though the increased number of banks in The Gambia helped to fuel economic growth.

However, it says increased number of banks has also heralded intense competition among the banks, which makes them vulnerable to bad debts.

Greater risk

The managing director of Sky Bank Gambia, Akim Yusuf, has earlier on said the incidence of loan default is greater and intensive than even the competition, as a risk to the banking system.

Saturday, February 1, 2014

Monies from foreign donors to Gambia government reduced significantly in 2013


US Dollar notes
Grants to The Gambia, moneys donated by multinational organisations and foreign governments, had reduced by more than D1 billion (about US$ 2,632,000) in 2013, statistics from Central Bank of The Gambia (CBG) has indicates.  

The Monetary Policy Committee (MPC) of the CBG states in its quarterly report, released on Friday, that grants (to The Gambia) declined significantly from D1.8 billion (US$  5, 260, 000) in 2012 to D725.1 million (US$ 2,000,000) in 2013.

The Committee has not given any reason for this negative development.  However, in 2013, President Jammeh abruptly withdrew The Gambia from the Commonwealth, and also cut diplomatic relations with Taiwan; an organization, and a country that used to donate to the country.

The MPC report states that provisional data on the execution of the 2013 budget show that total revenue and grants amounted to D5.9 billion (US$ 15, 790,000) , equivalent to 17.5 per cent of the country’s Gross Domestic Product (GDP).  This total revenue is well below the target of D7.7 billion (US$ 21,056,000), or 20 per cent of the GDP.

This steep difference in the targeted total revenue and grants, and the amount realized is due to negative donor response from the country’s donor partners.

Former National Assembly Member for Basse, Hon. Sellu Bah, has earlier on said that The Gambia should not depend on grants to finance its economy.

”Let us work as a nation to ensure that we collect our domestic revenue to the letter to counter any negative response on grants,” Hon. Bah said.

“I think this [huge reduction in grants] would teach us a lesson,” he added.

Domestic revenue increase

Gambian currency registers highest depreciation in three years


Gambian currency notes
The Gambian currency, the Dalasi, continues to be weakened and lose value against all the major international currencies, the report of the Monetary Policy Committee (MPC) of the Central Bank of The Gambia has said.

The report which was released on Friday during the quarterly meeting of the Committee, states that the Dalasi depreciated significantly in the second half of 2013.  The currency was generally stable in the first half of the year though.

“As at end-December 2013, the Dalasi depreciated against the US Dollar by 14.8 per cent, Euro 21 per cent and Pound Sterling 14.8 per cent from December 2012,” the report says.

The report indicates by the end of December 2013, the Dalasi registers the highest depreciation in three years.  This is due to the fact in nominal effective exchange rate terms, the currency depreciated by 15.1 per cent as at end-December 2013; this higher than the 13.5 per cent, and 7.3 per cent depreciation registered in 2012 and 2011, respectively.

The depreciation of the Dalasi was partly the result of reduced foreign exchange receipts, coupled with strong demand owing in part to the high level of liquidity in the economy.