#Headlines

GCCI president urges gov’t to waive all corporate, payroll taxes for 2 years

Jun 4, 2020, 11:11 AM | Article By: Abdoulie Nyockeh

The president of the Gambia Chamber of Commerce and Industry (GCCI), Edi Mass Jobe, has called on government of The Gambia to waive all corporate and payroll taxes for 2 years to encourage investment and improve standards in the stated areas: hospitals and health businesses, hotels and tourism businesses and agri-businesses.

He made this appeal while delivering his official opening statement at a pre-budget consultation of GCCI with private sector and government held at GCCI’s headquarters on Wednesday and Thursday.

According to him, to compensate for this, government should apply a SIN tax on sugar, to help fight the increasing rate of diabetes in the country.

The GCCI boss also reiterated the need for government to raise a fund of D100 million to support small and medium sized enterprises with non-bank financing in conjunction with GCCI and Social Development Fund (SDF). 

He added that among the proposals that GCCI made is government support to the community henceforth should be cash based to encourage the trickle –down effect on community traders, as well as to encourage big businesses to pay taxes by establishing the club of 100 both in tax and SSHFC payment.

Mr. Jobe further stated that government should create an economic zone with Senegal for locally produced goods – poultry, eggs, dairy and vegetables etc. by respecting simultaneously the common external tariffs and the ETLS and also to strengthen the Standards Bureau as an important pillar of fair competition and economic development for cost of poor health, safety, security and environment cannot be priced as well as to review the socio-economic benefit of discrimination of  importation in small sizes for flour, sugar and cement.

According to him, “for us, the private sector led development is dependent on these consideration in this most important exercise of government -taxation and expenditure. I am confident that we would have meaningful partnership to make Gambia great.”

In his further remarks, Mr. Jobe stated that the purpose of the pre-budget consultation meeting amidst the covid-19 pandemic was to consult on the 2020 budget. “We are cognizant of the existential threat posed by this pandemic to our individual and collective wellbeing both in terms of lives and livelihood.”

He also reiterated that with the advent of covid-19, the GCCI marshaled financial technical and expertise to increase the residence of the health system, and also galvanised support for the government and WHO led effort.

He added that in the preparation of the covid-19 budget this year, “we promulgate the NEW IMF, hoping that using the word IMF, the government would listen. GCCI is not only sincere to this consultation but also to broaden the partnership between government, businesses and community to solve the problems of society.”

Read Other Articles In Headlines
VP Touray
VP calls on partners to join gov’t fight covid-19, food insecurity
Apr 21, 2020, 12:07 PM

Dr. Isatou Touray, vice president of The Gambia has called on all development partners to support the government technically and financially to accelerate the development of the national response strategy that aims to fight covid-19 and food insecurity.

Baba Leigh
Imam Baba Leigh apologises
Jun 18, 2020, 12:18 PM

Imam Baba Leigh, a commissioner at the National Human Rights Commission (NHRC), has apologised to all Gambians, saying he had never and will never ask or advise President Adama Barrow to protect the rights of Lesbian, Gay, Bisexual and Transgender (LGBT) persons in the country.

covid 19 d
Gambia gets 2 new Covid-19 cases 
May 12, 2020, 12:10 PM

Buba Darboe, programme manager, Directorate of Public Health Education and Promotion at the Ministry of Health told journalists in the daily briefing yesterday that the county has registered two new laboratory cases of covid-19, bringing the number to 22. Out of this total The Gambia has recorded one death so far.

Shyben A Madi
Shyben A. Madi donates food items to EFSTH
May 12, 2020, 12:01 PM

Shyben A. Madi and Sons Company Ltd. recently extended magnanimity to the Edward Francis Small Teaching Hospital (EFSTH) with the donation of 40 bags of sugar and 100 bags of rice worth over D160,000.

Bittaye
Gambia confirms 2 more covid-19 fresh cases
Jun 30, 2020, 10:54 AM

The Gambia has registered two more cases of covid-19, bringing the country’s total number of infections to 47 with 2 deaths.

IOM harps on migrants’ inclusive policy to mitigate post covid-19 effects
Apr 29, 2020, 1:31 PM

Mr. Miko Alazas, the International Organisation for Migration’s (IOM), communication officer has called for migrants’ inclusive policy to mitigate the economic effect of post covid-19.

Kerr Katem
CRR happy as 9.5 km feeder road project begins
May 5, 2020, 1:22 PM

Communities in Niamina East District, Central River Region are rejoicing as the foundation stone for the construction of a 9.5KM feeder road has begun in earnest.

motorbike
Woman dies in motorbike accident
Apr 29, 2020, 1:39 PM

A woman believed to be in her 30s lost her life in a motor bike accident after completing her Ramadan shopping at the Brikama-Ba Market last Saturday.