Gambia News
Home | Gambia Chat | Contact Us | Sitemap | Set Gambia News as homepage | Add Gambia News to favorites
  Search Gambia News     » Advanced Search » Exchange Rates
Gambia News
Gambia Archive
Su Mo Tu We Th Fr Sa
1234
567891011
12131415161718
19202122232425
26272829
Syndication
Newsletter
Poll: 2011- Gambia General Election
APRC(Yahya Jammeh)
UDP(Ousainou Darboe)
GMC(Mai Fatty)
NRP(Hamat Bah)
NADD(Halifa Sallah)




Gambia News : Gambian leader threatens to jail profiteering rice traders

May 12,2008 by

gambia
Gambia's president threatened on Wednesday to lock up traders who sold rice at more than the going rate in an effort to stop them profiteering from high world food prices.

Yahya Jammeh, who has brooked little dissent since he seized power in mainland Africa's smallest country in a 1994 military coup, said he had reached a deal with rice importers to sell rice at a maximum of 800 dalasi ($39) per sack.

"I will use electric broom or send businessmen to jail, those who are bent on selling rice at 1,000 dalasi," Jammeh told residents in the northern town of Farafenni, some 120 km (75 miles) inland from the coastal capital Banjul.

"If anyone is selling a bag of rice at 900 dalasi, take him to police, it is unlawful," Jammeh said.

"Electric broom" is a phrase sometimes used in Gambia to describe Jammeh's propensity to fire officials at will. Jammeh has previously threatened to lock up journalists and shut down their newspapers if he felt he had good reason.

Rising world prices for staple food commodities such as rice and maize have caused unrest in some African countries, and some governments have accused traders of cashing in on so-called "agflation" to gouge ever higher prices from poor customers.

A group of rice importers in Gambia said in a statement on Wednesday they were cooperating with the authorities to ensure regular imports and reasonable retail prices.

"Rice stocks are plentiful in the country and more quantities are expected. Please refrain from panic buying as this is unnecessary," the importers said.

"We shall spare no effort to keep the prices at the lowest possible levels."

Jammeh, who is making an annual 10-day tour of the former British colony, a thin sliver of land which stretches into French-speaking Senegal, urged his people to increase their farming output to counter the problem of high world prices.

Gambia has few major sources of hard currency apart from European package tourists, growing peanuts and fishing, and most of its people depend on subsistence farming to survive.

Nevertheless, Jammeh has assured his countrymen in the past that the country has commercially viable reserves of oil, uranium and other valuable minerals, and has vowed to transform the quiet backwater into Africa's hi-tech "silicon valley".

He also says his herbal treatments can cure AIDS -- an assertion dismissed as untrue by medical experts.

comment Comment on This Gambia News (1 posted)  1950 times read
  • Hi sir, What you are saying on the part of the price is right.the shops men are some time seling a bay of rice D900.and that is not the price which they should sell it.and is only the gonverment who should help us in that. I am very happy to heard that the Gambia leader to stop all those bad price which the shops are making.Today i meet wit two office in one shop by the time am going for work,I heard that there are asking about the price of the rice,i be came very very happy about it. I am always thanking the gonverment in any stem of mine.I am always praying for the Gambian leader to God give hem long life to lead the Gambia. Thanks
(Posted on May 14, 2008, 9:13 PM sambulose)

Related Gambia News Below


» Gambia News: Currency Market Still Volatile

by lamin posted on Sep 29,2007

» Gambia News : High Cost of Living

by lamin posted on Jan 10,2008

» Gambia News : Gambia will be self-sufficient in rice production, says Jammeh

by lamin posted on Oct 23,2008

» Gambia News : Gambia hippos destroy crops

by Anna posted on Nov 16,2007

» Gambia News: Baboons on rampage in Jiffin

by editor posted on Aug 15,2007
Rate this Gambia Article
Rating: 4.89Rating: 4.89Rating: 4.89Rating: 4.89Rating: 4.89 (total 84 votes)

comment Comment on This Gambia News (1 posted) 

More Top News
General
News
Business
Sport
Health
Education
Technology
Entertainment
Most Popular News
Most Commented
Featured Gambia News Author
Gambia News is an online Gambian News portal that aggregates the latest Gambian news from reliable sources & Gambian newspapers .