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Business (G)

Gach-Global-Lawsuit-Illegal-Takeovers

Gach Global CEO Testifies in a $58.9 Million Fraud Lawsuit, Claiming Former Employees Misappropriated Funds

Abubakary Jawara testified in a lawsuit against Kaddijatou Kebbeh and Saikou Drammeh, seeking D58.9 million for alleged illegal takeovers and $221,000 in petroleum payments, overseen by Justice Jaiteh on June 25, 2025.

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Gambia-Economic-Reforms-2025

Gambia’s International Reserves have Exceeded D37.8 billion, According to President Barrow

Gambia President Adama Barrow announced on June 19, 2025, that international reserves hit $515 million, with 5.9% projected growth and 9.6% inflation, alongside salary increases and reforms to tackle a D6.7 billion fiscal deficit and 71.8% debt-to-GDP ratio.

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Gambia-IMF-Funding

Gambia has Obtained $63.5 Million in IMF Support to Enhance its Economic Stability and Climate Resilience

The Gambia secures US$63.55 million from the IMF’s Resilience and Sustainability Facility and US$16.95 million from the Extended Credit Facility, targeting macroeconomic stability and climate resilience, with a 5.7% growth projection for 2025.

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Gambia-Spain-migration-program

Gambian Migrant Workers Embark on their First Journey to Spain

39 Gambian men join a migration program to Spain for job opportunities, with success key to the future of the Gambia-Spain partnership.

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Gambia-tax-payment-modernization

GRA and Trust Bank Gambia Plc Have Signed an MoU to Improve Digital Tax Payment Services

The Gambia Revenue Authority and Trust Bank Gambia Plc collaborate to streamline tax and customs payments, offering secure, efficient services at 18 branches and online, boosting national financial reforms.

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