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kobo
United Kingdom
7765 Posts |
 Posted - 04 Jul 2013 : 05:42:11
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1. DAILY OBSERVER NEWS:
US$17M Flour Mill commissioned in Banjul
"The Gambian leader, His Excellency Sheikh Professor Alhaji Dr. Yahya Jammeh, Monday afternoon inaugurated a US$17M Flour Mill Company in Banjul as part of activities during his 2013 “Dialogue with the People Tour’ that ended the same day in Banjul.
Named the Gambia Milling Corporation, the Mill has the capacity to produce up to 93, 000 metric tonnes of flour, which according to officials, is more than adequate for the domestic demand. With this production capacity, the company is elegible to benefit from the ECOWAS Trade Liberalisation Scheme by exporting its product to other member countries duty free.
Aside from creating job opportunities that it comes along with, the Mill is expected to enhance the national economy, especially in increasing foreign exchange, transfer of technology, training and capacity building, balance of trade and support to the gateway strategy. The project, according to officials, has also been listed under sectors list priority by the ‘Investment Law of the Gambia’."....
SOURCE: More full information here
2. RELATED BANTABA TOPIC: Jammeh's Dialogue with the peoples’ tour
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Edited by - kobo on 04 Jul 2013 05:42:49 |
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Momodou
Denmark
11641 Posts |
Posted - 04 Jul 2013 : 08:27:43
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| There is no information of what is going to be processed here as flour. Where is it going to come from? |
A clear conscience fears no accusation - proverb from Sierra Leone |
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kobo
United Kingdom
7765 Posts |
Posted - 04 Jul 2013 : 08:38:49
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Momodou. Its all part of the propaganda machinery of Jammeh on DICTATOR of development and projects; promoting tour as a success  |
Edited by - kobo on 04 Jul 2013 08:39:52 |
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Momodou
Denmark
11641 Posts |
Posted - 31 Jul 2013 : 09:04:55
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WILL BREAD PRICE RISE OR FALL WITH NEW FLOUR MILL?
Foroyaa Editorial: Published on Tuesday, 30 July 2013
When private competition with NAWEC for electricity generation was introduced with the establishment of the Brikama Power Plant, many people expected the supply of electricity to cost less and be more regular. The fact remains that it is becoming more expensive and more irregular. The same goes for Fuel. Gambians were assured that a fuel depot was being established in Mandinaring to ensure the availability of fuel and prevent shortages.
This was supposed to stabilise the prices of fuel since it is said to be coming from one source. The fact remains that there has been fuel scarcity at given times which culminated in the rise of fuel prices. This is why Foroyaa did not clap for the Government when it inaugurated a flour mill. We are waiting for the prices of bread to fall and the size and weight to increase without additional cost before we could give applause to a value added initiative.
We have decided to start monitoring the flour and bread market and found the following developments so far after the flour mill started operation. It is observed that wholesale price for imported flour was D1,115 per bag before the flour mill started operation and the retailers used to selling a bag for D1,135 or D1,140. Now the whole sale price has gone up to D1,150 per bag and retailers are selling a bag for D1,200. If this trend continues, the bakeries may either reduce the size and weight of bread or increase the price The early warning signals are evident.
Foroyaa will conduct a special interview with the managers of the new factory to find out the price at which they are selling flour and how its quality ranks against the imported ones. We will examine whether the bakeries are buying the flour or still prefer imported varieties. There is need for the government to do the same studies and come to a decision on how to prevent bread prices to rise even further because of increase in the price of flour.
It is not sufficient to launch projects. It is also important to monitor whether such projects are contributing to the improvement of the quality of life of the citizenry.
Source: Foroyaa |
A clear conscience fears no accusation - proverb from Sierra Leone |
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toubab1020
12306 Posts |
Posted - 31 Jul 2013 : 11:55:22
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Very good point,the answer is it will be imported in its harvested state and paid for in $s processed in Gambia and then re-exported and be sold in $s or other "hard" currencies hopefully giving a profit to Gambia Milling Corporation,which is what exactly ?,a state owned company  ,the idea appears sound enough.
I only hope that those who work there are employed as "the best person for the job" and that the usual nepotism is not applied.resulting in the inevitable Gambian, "breakdowns" and "maintenance" problems,because SOME workers are totally untrained and just given a job because of their connections.
quote:
Originally posted by Momodou
There is no information of what is going to be processed here as flour. Where is it going to come from?
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"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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