Investing inside the Free Zones in The Gambia: Accessing the Incentives
Eligible investors shall be eligible for investment incentives which shall be accessed as follows:
- A list of all materials required during the construction and setting-up phases of a venture shall be pre-determined and approve upon the issue of a licence. This shall be sent to the Customs and Excise Department with instructions to waive customs entry duties and taxes upon the presentation of customs entry forms by licence holders accompanied by invoices, original bills of lading and packing lists;
- Similar notification shall be sent to the Income Tax authorities to exempt such taxes at the time of assessment;
- Goods ordered by Zone Enterprises shall be granted temporary admission by The Customs authorities on arrival to enable such imports to circulate freely within the Free Zones, and shall be eventually exonerated from the levy of customs duties and taxes upon the presentation of evidence that such goods have been exported to foreign markets. The modus operandi of the movement of goods in and out of the Free Zones and the rules governing the conduct of business within the Zones have been established by GIPFZA and contained in the "The Free Zones Regulation 2001".
Duty Free Trade Zones in Africa, Duty Free Trade Zones in West Africa
IMF Survey: Sub-Saharan Africa's Recovery Maintains Momentum
In its World Economic Outlook Update, the IMF said most countries in sub-Saharan Africa have recovered quickly from the global financial crisis, with the region projected to grow 5½ percent in 2011.
Low income countries, which escaped the worst impacts of the global crisis, are expected to match pre-crisis growth rates of about 6½ percent in 2011. But the recovery in South Africa has been more subdued, restricting projected growth to about 3½ percent in 2011.
Domestic demand in most countries is being supported by automatic stabilizers, expansion in public investment and social support programs, and continued monetary accommodation. Growing trade ties with Asia are also playing a role in the region’s recovery, primarily through commodity markets.
One major concern raised in the World Economic Outlook Update is that rising global fuel and food prices may have a significant impact on Africa in 2011. While the effects of recent increases in world food prices have so far been small in Africa, because of good local harvests, the urban poor remain very vulnerable to rising food prices because of the high share of food in their consumption baskets. This may increase pressure for additional support from government budgets.
Managing such spending pressures, particularly against the backdrop of elevated fiscal deficits and narrowing output gaps, will be an important challenge for the region in 2011—a year with a busy political calendar, including perhaps 17 national elections.
via imf.org
Gambian lawyer, Gambian solicitor, Gambian barrister, Gambian laws
Lawyers, Barristers & Solicitors in The Gambia, West Africa
Solie Law are a modern forward-looking partnership of lawyers and legal practitioners with offices in The Gambia. We offer a thoroughly unique approach to the law in The Gambia combining a fully computerised office and the highest professional legal standards to deliver an internationally respected, understanding and compasionate case management service.
If you are concerned about the costs of Gambian lawyers or worried about the expense of legal services in The Gambia, please come in and see us for a free no obligation preliminary discussion. If you would like advice in connection with any legal matter or problem in The Gambia, please call us and we will be happy to help.
Our commitment to quality and service is absolute. Continuous improvements through training, investment in new technology and individual development benefits our Clients by providing consistent quality and value.
We believe that our Clients deserve the best in terms of service and legal advice. Solie Law provide this with a high level of commitment throughout the firm.
Our legal expertise covers all aspects of private and commercial law in The Gambia, and continual enhancement of our services enable us to meet the present and future needs of our Clients.
via solielaw.gm
Lawyers in Gambia: Gambian Law: Lawyers in Africa on Twitter and Facebook
Lawyers in Africa on Twitter and Facebook
Solie Law Chambers in Banjul, The Gambia, West Africa announce the launch of their Twitter and Facebook ProfileGambian Law Firm, Solie Law has added Solie Law Chambers on Twitter and Solie Law Gambia Facebook to its internet marketing facilities in order to enable international clients to keep up-to-date with things in The Gambia.
A Facebook presence and Twitter profile broadens the reach of any marketing campaign and will enable Solie Law's internet partners and international clients to refer, recommend and chat to each other about legal and business issues and problems in Gambia and the rest of West Africa.
Click here to find out more about Solie Law the Lawyers in Africa on Twitter and Facebook
Gambia: Italy Boosts Anti-Illegal Migration Crusade
The Italian government Wednesday donated 12 Toyota Land Cruiser Pick-Ups to the Government of The Gambia as part of a bilateral agreement to combat illegal migration. The vehicles would help boost Gambia's efforts to combat illegal migration and other criminal activities such as drug trafficking.
via allafrica.com
African Under 17 Championship Holders Gambia Stunnedas Cote d'Ivoire Win
Holders Gambia were yesterday stunned 3-0 by Congo Brazzaville in their opening match of the 9th Africa Youth U-17 Championship taking place in Rwanda.The match between the two-time past winners Gambia and Congo was played at the newly constructed Umuganda stadium in Rwanda’s third largest city of Rubavu, where all group B matches are scheduled to be played.
Congo were two goals to the good in the opening seven minutes through Samarange Binguila (4) and Stevy Epako (7) and went into the half time break with a comfortable lead. Binguila added the third with a quarter of an hour left.
As defending champions, Gambia arrived in Rwanda as one of the favourites to win this tournament but the 3-0 defeat in the first game leaves them in a complicated situation where they need to win their next two matches to have a chance of reaching the semifinals.
Gambia and Senegal Relationship Secure Following Iran Weapons Incident
Gambia and Senegal said Tuesday there was no cloud hanging over their relationship after a diplomatic spat over a shipment of Iranian weapons intercepted in Nigeria and believed bound for Gambia.
In November 2010, Nigeria reported to the UN Security Council its find of 13 containers of weapons, including rockets and grenades, shipped from Iran and believed destined for the Gambia, a sliver of a country surrounded by Senegal.
Senegal subsequently raised concerns about regional peace, and feared the arms may be destined for rebels seeking independence for the Casamance in southern Senegal.
This led to a war of words with the Gambian government accusing Senegalese President Abdoulaye Wade of jumping to "illogical and outrageous conclusions apparently blinded by his hatred of the Gambia."
At a press conference in Dakar on Tuesday, Senegal's Foreign Minister Madicke Niang said: "You can be certain that there exists a perfect harmony between the two countries."
"There is no cloud over our relationship which is going very well," he told reporters.
"We have not asked Gambia for any explanation. We will only address ourselves to the Iranians who must tell us where these arms were destined," said Niang.
Unsatisfied with Iran's explanations so far, Senegal recently recalled its ambassador to Tehran, while Gambia cut ties.
In November 2010, Nigeria reported to the UN Security Council its find of 13 containers of weapons, including rockets and grenades, shipped from Iran and believed destined for the Gambia, a sliver of a country surrounded by Senegal.
Senegal subsequently raised concerns about regional peace, and feared the arms may be destined for rebels seeking independence for the Casamance in southern Senegal.
This led to a war of words with the Gambian government accusing Senegalese President Abdoulaye Wade of jumping to "illogical and outrageous conclusions apparently blinded by his hatred of the Gambia."
At a press conference in Dakar on Tuesday, Senegal's Foreign Minister Madicke Niang said: "You can be certain that there exists a perfect harmony between the two countries."
"There is no cloud over our relationship which is going very well," he told reporters.
"We have not asked Gambia for any explanation. We will only address ourselves to the Iranians who must tell us where these arms were destined," said Niang.
Unsatisfied with Iran's explanations so far, Senegal recently recalled its ambassador to Tehran, while Gambia cut ties.
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