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Groundnut trade season starts Friday

The Agribusiness Services and Producers’ Association (ASPA), the inter-professional body vested with the management of the Gambia Groundnut Sub-Sector, has declared Friday 5th December, 2008, as the official start date for this year’s groundnut-marketing season in The Gambia. According to a press release from the ASPA head office, the session will last until 31st March 2009, and it added that ASPA, in consultation with the government of The Gambia, has fixed a Groundnut Producer Price of D8,...

Over 600 youths harvest President Jammeh’s farm

A group of over 600 hundred Gambian youths - drawn from various youth and sports organisations - over the weekend descended on President Jammeh’s groundnut farm at Somita, Western Region. The youths who were mobilised by the Department of State for Youth and Sports took part gathering the groundnut into heaps that were left to dry.   Speaking to reporters shortly after the day-long exercise, Mr Sheriff Gomez, secretary of state for Youths and Sports, said the move to work on the President’s...

NAMs call for revival of GCU

Call for the reactivation of the defunct Gambia Cooperation Union (GCU), a body that was responsible for the selling of farmers’ groundnut, was a matter of deep concern amongst some parliamentarians, during the adjournment debate, last week.  According to them, moves to reactivate the union would go a long way in curbing the problems of farmers not getting their groundnut sold. The Honourable Members indicated that the move would avail farmers the opportunity to sell their  groundnut in their...

Groundnut Issue Ignites Intense Parliamentary Debate

As preparations for this year’s groundnut trade season draw near coupled with the seemingly continuous experience of poor groundnut trade for the past number of years in the country, the issue as to where farmers will market their produce was on Monday the centre of deliberations at the National Assembly. In seconding the motion for adoption of the report of the 54th CPA conference held in Malaysia, Honourable Momodou Sellu Bah, National Assembly Member for Basse, said that as the trading...

Galleh Manda Groundnut Case Resumes

Theprolonged groundnut case involving one Malick Ceesay (the accused), a groundnuttrader, resumed on Monday at the Bansang court before Travelling MagistrateAmadou Baldeh.The accusedis alleged to have obtained goods (groundnuts) by false pretence and intent todefraud goods valued at D370, 861.00 from people of Galleh Manda andsurroundings. Testifyingin court, Amiru Baldeh, the president of Galleh Manda groundnut market (secco) adduced that a total number of139 people sold their groundnuts to...

500 tons of groundnuts distributed

Dr Aja Isatou Njie-Saidy, the vice president and secretary of state for Women’s Affairs, has informed the National Assembly that the 500 metric tons of groundnut seeds purchased by the government has been distributed in Western and North Bank Regions. VP Njie-Saidy, who represented President Jammeh as the secretary of state for Agriculture, made this revelation, while responding to a question posed to her by Momodou LK Sanneh, the minority leader and NAM for Kiang West, on whether groundnut has...

Groundnut marketing season extended

The interim management committee of the Agribusiness Services and Producers Association{ASPA] has extended the 2007\8 groundnut market season from its previously scheduled date, 31st March to Tuesday 15th April 2008.According to Mr Abdoulie S Khan, interim executive secretary of The Gambia Groundnut Corporation [GGC], all traders and agents are requested to come forward and retire to the Gambia Groundnut Corporation [GGC] finally, and reconcile the monies given to them as crop finance for the...

Central Bank Forecasts Economic Growth at 6.5 Percent

Recent data released by the Monetary Policy Committee of the Central Bank of the Gambia indicated a revised growth projection of 6.5 percent for the Gambian economy in 2008, down from 6.9 in 2007. This is premised on the decreased activity in building and construction and groundnut trade. Available data also indicates that government budget, including grants, registered a surplus of 0.1 percent of GDP in 2007, whereas excluding grants translated to a budget deficit of 1.0 percent of GDP. At a...

Groundnut Prices Pegged at D7, 200.00 Per Ton

As Marketing Begins Today The groundnut price for the 2007/2008 marketing season has been set at D7, 200.00 per ton. The season, which is expected to start today, is to be run and managed by the Agribusiness Services & Producers Association (ASPA), the Inter-professional body charged with the responsibility of managing the Gambian groundnut sub-sector. In a press release sent to this paper, the ASPA underlined its pleasure to announce the price for groundnut and the date of commencement...

2008 marketing season starts today D7,200 per metric ton

The 2007/2008 groundnut marketing season  will start today, Monday, December 10, 2007, according to reports from the Agribusiness Services and Producers Association (ASPA). ASPA which is the inter-professional body vested with the management of the Gambian groundnut sub-sector also announced that the groundnut producer price of D7, 200.00 dalasis per metric ton farm gate for the 2007/08 groundnut marketing season. This year’s price is an increase of D700.00 per metric ton over last year’s...