Displaying items by tag: Jah Oil
The Gambia: The Gambia police force has withheld permission for the Cement Importers and Traders Association to march, citing security concerns due to the upcoming Tobaski festival. This incident marks the second denial of a permit for a peaceful protest by the association.
The Trade Ministry and Jah Oil are accused of perpetuating misinformation to justify a ‘significant’ increase in cement import duties, which has affected small-scale importers and led to increased cement prices across the country, according to The Point Newspaper. This policy has reportedly benefited large-scale importers while excluding smaller ones from importing from certain foreign markets. The association criticises the government's selective enforcement of import bans and duties, which they argue supports a monopolistic agenda favouring Jah Oil, despite widespread economic and consumer impacts.
The Gambia: Bai Lamin Jobe, the Minister of Trade, says that the country has a cement capacity utilisation rate of 23%. Local producers have a capacity of 1.9Mt/yr but national demand is only around 0.4Mt, according to the Foroyaa newspaper. He added that the country imported 0.39Mt in 2018 in answers to members of the National Assembly.
It was also revealed that Jah Multi Industries is building new silos at its import terminal. Jah Cement is also planning to upgrade its terminal into a grinding plant. Construction work started in 2018 and it is expected to be completed by late 2019.
Jah Oil says it has enough cement to supply the Gambia
26 February 2019The Gambia: Sherif Faye, the operations manager of Jah Oil, says that the company has enough cement to supply The Gambia. He made the comment at a press event held in response to public outcry over a local cement shortage, according to the Point newspaper. The company has experienced delays to its inbound shipments due to poor weather in Europe. However, he confirmed that two ships carrying cement had recently arrived in the country.
The subsidiary of Jah Group sells its Tiger Cement 42.5 grade brand product in 50kg bags. The cement is imported from Spain and Algeria and bagged locally. Jah Oil has a bagging capacity of 108,000 bags/day.