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toubab1020



9641 Posts

Posted - 09 Mar 2018 :  20:41:54  Show Profile Send toubab1020 a Private Message  Reply with Quote
I have just learned that the price of a bag of cement in BRIKAMA is now D350

!!! I would love a reader to POST the reason for this VAST increse.

COME ON FOLKS Post & tell us ALL.








"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.

Edited by - toubab1020 on 09 Mar 2018 20:48:04

Momodou



Denmark
9153 Posts

Posted - 10 Mar 2018 :  13:52:07  Show Profile Send Momodou a Private Message  Reply with Quote
Cement Scarcity Resolved
FOROYAA: March 9, 2018

By Nelson Manneh


http://foroyaa.gm/cement-scarcity-resolved/

Companies dealing in the importation and sale of cement in the country, said cement is now available.

This reporter visited some Companies and shops within the Kanifing Municipal yesterday 8th day of March 2018, and met people buying cement for D260 and D250. However, there are others who are selling cement for D330. Madam Ida Jaiteh, the Sales and Strategy Manager at the GACEM Cement Company in Kanifing Industrial Estate, said they have enough cement; that other Companies ran out of stock, making the demand high on their Company, which led to scarcity.

“Here in GACEM, cement is sold for two hundred and sixty Dalasi (D260) and we have even increase on what we used to import, from two to four-fold. This is because we heard of the shortage and decided to intervene,” she said.
Jaiteh added that the only constraint they face is the discharge of the cement from the Ports; that it is very difficult to have access to one’s goods at the Ports.

At the Salma Cement Company around Denton Bridge, a bag of Cement sells for D255. Some dealers this reporter met at the gate of the Company said there is enough cement available at Salma Cement Company; that the only constraint is that delivery from the Company, takes time and this does not favour their customers. At most of the shops, the price was seen to have escalated to D339. The shops owners when questioned, said they import cement from Senegal and the CFA is costly; that this is the reason why they are selling at such a price. “We are not taking advantage of the scarcity as others may think but the reason is because the CFA is very expensive,” they said.
Visiting some of the ongoing construction areas within the Kanifing Municipality, contractors and land owners lament the massive increase in the price of cement. Some have even decided to suspend masonry work on their projects, till the price is reduced.

Speaking to one Omar Bah a Contractor, he said cement is one of the fundamental basic commodities when it comes to construction; that without cement, all construction work would be suspended. “Government should try to make sure that such commodities are always made available and affordable to the people, in their time of need,” he noted.

A clear concience fears no accusation - proverb from Sierra Leone
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toubab1020



9641 Posts

Posted - 10 Mar 2018 :  15:35:03  Show Profile Send toubab1020 a Private Message  Reply with Quote
Thanks Foroyaa,and Momodou,
NOW folks, why did WE on Bantaba have to wait for Foroyaa to be given a small prod in Bantaba in Cyberspace to get them to investigate and inform the general public of the circumstances surrounding price increase in the cement price,all is now explained,IT'S ALL ABOUT MONEY and the current value of the DALASI, what a surprise.

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.

Edited by - toubab1020 on 10 Mar 2018 15:39:12
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toubab1020



9641 Posts

Posted - 09 May 2018 :  18:51:08  Show Profile Send toubab1020 a Private Message  Reply with Quote
quote:
Originally posted by Momodou

Cement Scarcity Resolved
FOROYAA: March 9, 2018

By Nelson Manneh


http://foroyaa.gm/cement-scarcity-resolved/




“Government should try to make sure that such commodities are always made available and affordable to the people, in their time of need,” he noted.

Momodou or perhaps a reader (no perhaps not !) would like to inform others who may visit if the price has been reduced to a level which Gambians can afford ? If so please tell us

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.

Edited by - toubab1020 on 09 May 2018 18:55:11
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toubab1020



9641 Posts

Posted - 17 Jan 2019 :  13:46:57  Show Profile Send toubab1020 a Private Message  Reply with Quote
And so it goes on and on,
Check the link below for a Graph

https://fred.stlouisfed.org/series/PCU32733273

ALSO if Dear Reader you do Google search for:

Graph showing China usage of Cement from 2003

You will be amased,I think its well worth a search.



======================================================================
QUESTION OF THE DAY January 16, 2019

Construction of buildings contributes to employment and GDP. Any rise in construction materials will increase the cost of construction and thus prevent many people from being able to put a roof over their head. Maximum effort should be made to listen to the cries of builders who have been asking why the price of cement is suddenly skyrocketing. In Farafenni as well as the Barra endless claims are being made that cement coming from Senegal has been made more expensive through the rise in duty from 30 percent to 80 percent.

Foroyaa will investigate to find out the claims that cement traders in The Gambia have requested for the tariffs on cement to be increased so as to protect their own.

http://foroyaa.gm/what-is-responsible-for-the-sudden-hike-in-the-prices-of-cement/

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.

Edited by - toubab1020 on 17 Jan 2019 21:40:33
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toubab1020



9641 Posts

Posted - 22 Jan 2019 :  14:22:22  Show Profile Send toubab1020 a Private Message  Reply with Quote
I make NO comment. MAYBE "The Ministry of Trade was approached on two occasions to no avail, to find out whether the trucks stuck at the boarder can enter without effecting the current tax on them.

However the Ministry promised this reporter to get back to them on Monday for comments."

Better wait for the usual "Clarification" then

=====================================================================================================


By Kebba Secka January 21, 2019

Both the Commissioner General of GRA Yankuba Darboe and the Permanent Secretary at the Ministry of Finance Mod Secka, confirmed that a cabinet decision was reached on the increment of excise duty on cement, imported from neighboring Senegal. This initiative according to PS Secka, is to boost the local cement industry. The PS further explained that on 14th November 2018, his Ministry issued directives to the GRA to effect the enforcement on January 1st 2019; that GRA on 16th November, notified its branches nationwide to be aware of the directive. Asked what percentage is attached to the new excise tax regulation, Secka said 5% was what is charged on the CIF import value.

On his part Commissioner General of Custom Yankuba Darboe, confirmed that there are trucks loaded with cement at the border post; that this is because they are enforcing directives from the Ministry of Finance after a decision was reached in cabinet. Asked whether the cement dealers were charged D80 per bag before their trucks can enter the country, Darboe responded: “We are directed to charge one dalasi (D1) per bag of cement. Local cement dealers who import from Senegal were aware of the new tax regulation before it was effected against them.’’

Muntaha Kah of Old Yundum and Muhammed Kah of Paradise Estate who are both cement dealers, on Wednesday January 16th walked into Foroyaa offices to explain how their businesses have been affected by the new tax regulation, which prevents their trucks from entering. “Over twenty-one trucks are at the border currently waiting to enter. Government is stopping our cement from entering because they want to boost local industry. The local industries cannot provide the country with the needed cement for construction,” Muhammed said. According to the two cement dealers, the current increment in the price of cement from the previous price of D215 to D265, shows that local industries cannot supply enough cement for the country. He appealed to Government to reconsider their decision to enable their trucks enter the country. “Customs officials at the border charge us D80 per bag. If this amount is multiplied by 40 tons, the excise tax would cost us sixty-four (D64, 000),” explained Muntaqa.

Hamidou Jah, a manager at the Jah Cement Factory said they are selling wholesale for two hundred and forty-five dalasi (D245) and two hundred and fifty five dalasi (D255) for retailers. Meanwhile information from Salam Cement factory indicated that they sell for two hundred and sixty dalasi (D260) as wholesale price.

Modou Ceesay, a mason by profession, said the high cost of cement is denying them contracts to build houses and appeals to the authorities to resolve the high cost. Abdoulie Faal another mason, said they are just constructors; but that the way cement price is increasing, needs to be considerably looked at by Government. The Ministry of Trade was approached on two occasions to no avail, to find out whether the trucks stuck at the boarder can enter without effecting the current tax on them.

However the Ministry promised this reporter to get back to them on Monday for comments.

http://foroyaa.gm/new-tax-regultion-causes-cement-scarcity-high-cost/

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.

Edited by - toubab1020 on 22 Jan 2019 14:23:14
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toubab1020



9641 Posts

Posted - 27 Jan 2019 :  11:06:43  Show Profile Send toubab1020 a Private Message  Reply with Quote


By Omar Bah 25/01/2019

The government has been blamed for the high increase of cement prices. The Finance ministry recently introduced a 5% import tariff on cement imports from Senegal. The new tax was issued to the Gambia Revenue Authority in November 2018 for enforcement from the beginning of 2019.

However, the national coordinator of the Cement Importers Association, Yaya Jobe, told The Standard yesterday that local cement dealers have condemned the new tax, arguing that local production is unable to meet the country’s demand.

Jobe said it was “unfortunate” that the government went ahead to increase the tariff from D30 to D121.75 per bag of cement on the pretext of protecting the local industries without consulting the cement dealers.
He said since the government announced the increment, a large number of importers have stopped importing cement “because if we import the cement at that tariff, we can only sell it here at D340 which would be very difficult because our sales will significantly go down.”
Jobe said the government’s failure to consider consequences was also unfortunate because when importation stops, many Gambians would be unemployed since some importers have more than full time 20 employees.

“In Farafenni alone, we have over 50 businesses which are employing hundreds of Gambians. If the government is wise, they should empower the rural areas because that is the only way they can curb rural-urban migration. I am paying tax regularly and about D9,000 every month for my stores and the least I would want is for that to stop. As we speak, because of this new policy, a bag of cement costs D340 here in Basse,” he told The Standard.

He further disclosed that they have taken up the issue with the Consumer Protection and Competition Commission which are committed to take the matter up with the Ministry of Trade.
Another cement importer said the reason given for this new policy “is not genuine because there is no cement factory in The Gambia because all what these so-called factories do is bring the bulk cement here and bag it. So there is no local factory to protect as such”, he said.

He added that since the introduction of the new policy, cement price has “gone roof” way beyond the means of the average Gambian and it should therefore be rescinded.
Meanwhile, Ousman Gajigo, an economist and former international civil servant, has warned that the predictable consequences for “the misguided policy” are now beginning to affect the general public.

“The government’s stated reason for this new policy is to help the ‘local cement industry’. Unfortunately, this was demonstrably false, and it showed a complete disregard for the welfare of Gambians. The actual truth is that there is no local cement industry in The Gambia. This is a false narrative that is being pushed by bulk cement importers to give the image that they carry out processing when in fact they do no such thing,” adding every single grain of cement in the country is imported.

He said the casualties of the policy, which are the ordinary Gambians and the construction industry, are beginning to acutely feel the pain, adding that immediately after the imposition of the import duty, the price of a 50kg bag of cement went from about D215 in NBR to about D280 and in the Kombos, the price has now exceeded D290.

https://standard.gm/?p=52022
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toubab1020



9641 Posts

Posted - 31 Jan 2019 :  18:54:02  Show Profile Send toubab1020 a Private Message  Reply with Quote
At Last,the light bulb has been switched on in Gambia about Cement price increase:

“small group of greedy business people”.

=========================================================================================================
31/01/2019


There is increasing frustration among building contractors and individual homeowners over the growing scarcity of cement in the country.
The Standard yesterday visited the Jabang-Jambajelly highway around which massive construction of homes and stores are underway.

A local exporter Alhajie Cessay who was seen consoling his many disappointed customers said he has been inundated with enquiries about cement since two weeks ago when he had to stop importing because of the heavy tax imposed by the government.
Ceesay said the so-called factory owners—who in actual fact have no factory but mere bagging facility—could not meet the demand causing serious scarcity and hike in price.
Buba Colley, who claimed he could not finish his fencing since the scarcity, said government should come to the help of the people and reverse the tax policy on cement to attract competition that will not only bring the price down but more importantly make it available.

A number of petty businesses connected to the cement trade are also affected.
Some transport operators complained they have recorded little service since the new policy on cement came into effect. They called on government to listen to the cries of the majority of the people and not the interest of just a “small group of greedy business people”.

In Farafenni where The Standard contacted people on the phone, there is a similar story with many people complaining the hike in price and occasional scarcity of cement.
“This policy is making the common man suffer. The president should protect people from exploitation by businessmen who are falsely claiming that they have cement factory, which is not case.

https://standard.gm/?p=52300

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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toubab1020



9641 Posts

Posted - 04 Feb 2019 :  15:57:49  Show Profile Send toubab1020 a Private Message  Reply with Quote
Me ?..... make any observation or comment..........ER NO the light is s hining so powerfun now its almost like the sun


"He therefore urged government to treat all cement importers the same way as they are all Gambians trying to contribute to the development of the nation.

“The Gambia is for everybody and not just a group of individuals and as such government cannot be protecting a few while harming the general public,” he said."

=============================================================================================================

Monday, February 04, 2019

Cement importers have called on the government of The Gambia to treat all importers the same way.

There has been cement shortage in the country recently due to tax increase to ‘protect certain factories’ according to exporters who called on government to create a level playing ground for all importers.

The cement shortage has caused frustration among building contractors and individual homeowners.

Alhajie Cessay, a local importer who spoke to The Point explained that they have been ordering cement from Senegal for D30 per bag as tax, but on 1 January, 2019, they were informed by custom officials that the tax has now been increased to D121.75 per bag.

Mr. Ceesay added that the Ministry of Trade informed them that the reason for the increment was to protect certain factories in the country.

Ceesay pointed out that there are no cement manufacturing factories in The Gambia, but rather a few who import both the cement powder and bags.

He further said that these factories only write their brand name on the cement bags after filling them but do not manufacture cement in the country.

He said they import cement from Senegal and sell their cement at more reasonable prices compared to the ones government is protecting.

He also observed that those factories that government is protecting cannot order enough cement for Gambians.

He therefore urged government to treat all cement importers the same way as they are all Gambians trying to contribute to the development of the nation.

“The Gambia is for everybody and not just a group of individuals and as such government cannot be protecting a few while harming the general public,” he said.

Yaya Jobe, who spoke to our reporter in a telephone interview from Farafenni, said they import from the ECOWAS zone while the ones that the government is protecting import from beyond Africa.

He said the country does not have the raw materials to manufacture cement and as such the factories the government is protecting import the finish product like them too.

“We have never imported dry or cement that could not be sold into the Gambia,” he added, saying the government should not be protecting a few while causing unemployment for majority of Gambians.
Author: Cherno Omar Bobb
http://thepoint.gm/africa/gambia/article/govt-urged-to-create-level-playing-field-for-all-cement-importers-1

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.

Edited by - toubab1020 on 04 Feb 2019 15:58:56
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toubab1020



9641 Posts

Posted - 08 Feb 2019 :  20:50:56  Show Profile Send toubab1020 a Private Message  Reply with Quote
February 8, 2019

The current skyrocketing price for cement is a major obstacle to the construction industry, which is a key contributor to the rise in GDP. The objective of any fiscal or economic policy is to reduce hardship and eradicate poverty. Any policy that increases hardship or poverty cannot be justified.

Hence the government needs to review the impact of its tax on cement. The rainy season is not far and many have started construction calculating what they would spend on cement. Any extreme rise in prices would delay the implementation of their projects. The general impression is that government has done this to protect local producers to ensure that there would not be any major price hike.

Foroyaa will interview the local producers and all the relevant stakeholders in order to shed more light on the subject.

http://foroyaa.gm/tax-policy-must-aid-development/

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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toubab1020



9641 Posts

Posted - 09 Feb 2019 :  12:30:51  Show Profile Send toubab1020 a Private Message  Reply with Quote
"Ceesay said it will enable Companies graduate from being re-bagging cement producers to becoming manufacturers....,"

Unless something Magic happens this will NOT come about in Gambia,Why ,you may ask,the answer is SIMPLE to make Cement takes a great deal of energy,Gambia does not have access to this.

Please go to this link for information by an EXPERT:

https://www.vdz-online.de/en/cement-industry/energy-consumption/energy-efficiency/

=================================================================================================================

By Kebba Secka February 8, 2019

Following a cabinet decision to protect local cement importers, Government has now resolved to increase the excise duty on cement to 5%, causing high cost and scarcity of cement in the country. In an interview with this reporter, the Permanent Secretary at the Ministry of Trade, Infrastructure and Regional Integration Mod K Ceesay, justified the cabinet decision saying it is a way of protecting and promoting local cement importers.

According to him, consideration was given to the fact that all importers need to be treated the same. But further stated that those importing from Europe, help Government financially in terms of conserving foreign exchange, create jobs and promote competition. Ceesay said the decision to support local industries will promote competitiveness and will give way to the total liberalization of the cement industry.

“We need to attract investment for us to get this. There are certain things Government needs to do,” said PS Ceesay.

Commenting on the scarcity of cement and the high cost, PS Ceesay said with Government coming up with such a decision, does not mean they are not monitoring the situation.

“This does not mean Government will not ensure the availability of the commodity for consumers. We have dispatched our officers in the field to monitor the situation,” he revealed. On the chances expected to be derived from supporting local cement importers from Europe, Ceesay said it will enable Companies graduate from being re-bagging cement producers to becoming manufacturers, and creating jobs for the youth among others. Asked whether Government will accept to reconsider its tax policy on cement if the situation remains to be problematic for consumers, PS Ceesay said Government can reconsider its decision. But added that this is why they urged both Salam and Jah Cement importers to put their house in order, by reviewing their plans and policies in order to ensure stability of the markets as well as the availability of cement. This he said, does not only stop at words but officers of his Ministry are in the field monitoring the situation.

It could be recalled that last year, a cabinet decision was reached to protect and promote local cement importers in order to boost local cement production in the country. On 14th November 2018, the Ministry of Finance gave a directive to GRA to enforce the decision effective 1st January 2019. On the 16th of November 2018, GRA started levying a 5% excise tax on cement. This did not go down well with importers getting cement from Senegal and builders. Information gathered from Farafenni indicate that a bag of cement costs between D305 to D310, whilst in the Greater Banjul, a bag of cement costs between D265 and D285 depending on the Company’s price. Before the new tax regulation, a bag of cement cost between D245 and D260.

http://foroyaa.gm/trade-ministry-defends-new-cement-tax-policy/

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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toubab1020



9641 Posts

Posted - 13 Feb 2019 :  10:33:58  Show Profile Send toubab1020 a Private Message  Reply with Quote
Let The Tiger show his home is a FACTORY

=============================================================================================================

By Omar Bah

The Cement Importers Association of The Gambia, with a membership of over thousand has claimed that contrary to his claims that he owns a cement factory the proprietor of Tiger Cement, Hamidou Jah is actually importing ready-made cement from Senegal.
Last month the Gambia government slammed a 75 percent increase of tax on importation of cement on the pretext of protecting local companies such as Tiger Cement.
The measures resulted in a hike in the price of cement and scarcity.
“Hamidou Jah, who the government claimed is manufacturing cement in the Gambia, is now importing readymade cement from Senegal in big bags. We show the bags with a label Sococim, a major Senegalese cement,” the importers’ association’s public relation officer, Alhagie Ceesay alleged in a Standard interview yesterday.
He said Tiger cement is using those big bags to fake people, adding “If they put the cement in those bags when they arrive all they do is to transfer them into small bags in the Gambia.”

Mr Ceesay said it makes no sense for the government to impose a high rate on importers to protect local factories that never exist in the first place.
“We have clear proofs that Tiger Cement is importing cement from Senegal for the past three days or so through Farafenni and we are also sure he is not paying the required tax levy imposed on businesses importing cement from Senegal. We got the news from Farafenni where his trucks were passing with the cement. We were informed that he wanted to sell the cement to the businessmen there for D250 per bag,” Ceesay alleged.
Mr. Ceesay lamented that the new policy has taken so many business and employees out of business in the country. “The truth is a factory if there exist any, should be able to manufacture 60% of its products in the country but this is not the case with these so called factories in The Gambia.”

However, when contacted for reaction, the Tiger Cement proprietor, Hamidou Jah denied all allegations explaining that trucks pictured by his critics were carrying powdered cement and not ready made cement.
“The picture they showed you are powder cement that we imported from Europe through the Senegalese port. If they have proof that it is readymade cement let them prove it to you,” he concluded.

https://standard.gm/?p=52720

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.

Edited by - toubab1020 on 13 Feb 2019 10:35:04
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Karamba



United Kingdom
3819 Posts

Posted - 16 Feb 2019 :  21:56:25  Show Profile Send Karamba a Private Message  Reply with Quote
quote:
Originally posted by toubab1020

Thanks Foroyaa,and Momodou,
NOW folks, why did WE on Bantaba have to wait for Foroyaa to be given a small prod in Bantaba in Cyberspace to get them to investigate and inform the general public of the circumstances surrounding price increase in the cement price,all is now explained,IT'S ALL ABOUT MONEY and the current value of the DALASI, what a surprise.




When the economy is badly managed, what do you expect?

Karamba
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toubab1020



9641 Posts

Posted - 17 Feb 2019 :  10:15:16  Show Profile Send toubab1020 a Private Message  Reply with Quote
I expect Gambians to not sit on their hands but take part in athe regeneratnion process that is going on in the country,without cement and building materials being available at an affordable price then things cannot improve all that is happening is that greedy people anre getting even richer.
====================================================================
quote:
Originally posted by Karamba

quote:
Originally posted by toubab1020

Thanks Foroyaa,and Momodou,
NOW folks, why did WE on Bantaba have to wait for Foroyaa to be given a small prod in Bantaba in Cyberspace to get them to investigate and inform the general public of the circumstances surrounding price increase in the cement price,all is now explained,IT'S ALL ABOUT MONEY and the current value of the DALASI, what a surprise.




When the economy is badly managed, what do you expect?



"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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