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Momodou
Denmark
11735 Posts |
 Posted - 06 Mar 2007 : 12:57:47
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IMPACT OF GUINEA'S CRISIS ON THE GAMBIAN ECONOMY
By Isatou Bittaye
The crisis currently experienced by the people of Guinea Conakry has a negative c effect on the economy of the Gambia with regards to the commodities imported from there. Since the commencement of civil unrest in Guinea Conakry, no export commodity has entered the Gambia from Guinea. Foroyaa has contacted the Guinean businessmen who said the crisis has negative effect on their business. One Yaya Touray, a businessman who imports pineapple from Guinea indicated that the crisis has brought to their business in pineapple at standstill. He added that since the crisis started in Guinea, they could not import any pineapple into the Gambia. He said that the prices of the commodities were very high before the crisis which in fact contributed to the crisis. Touray highlighted that before the crisis, they were selling one kilo of pineapple at D20 dalasis but since the crisis commenced, they decided to import from Dakar which has increased the price to D35 dalasis per kilo; he concluded that he is now engaged in apple business from Dakar, noting that the people need pineapple but that they cannot import pineapple from Guinea.
Also speaking to this reporter, a Guinean Palm oil dealer, Abdoulie Sowe indicated that since the crisis commenced, he has not imported any Palm oil from Guinea. He added that his last importation was before the crisis. Mr. Sowe indicated that the crisis has a negative impact on their business because their business has stopped at the moment. He however revealed that the crisis coincided with the shortage of Palm oil in Guinea and that the prices were very high even before the crisis. Mr. Sowe indicated that high prices have contributed to the crisis in Guinea because they were fighting for the reduction of prices. He noted that currently there is no uniform price because they heard that in some areas in Guinea, prices are high while they are low in other areas. Mr. Sowe said that apart from high prices they were not encountering any problems in their business before the crisis. Other Guinean businessmen dealing in kolanuts and bitter cola also expressed similar sentiments.
Source: Foroyaa Newspaper Burning Issue
Issue No. 026/2007, 5-6 March, 2007
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