e-bulletin March Edition 2015 / No 20 From President’s Desk 2015 Annual General Meeting (AGM) The Gambia celebrates its Golden Jubilee in 2015, and for this reason the Chamber chose the theme ‘Supporting Sustainable Enterprises’, which provides a platform to address pertinent challenges our members encounter in this day and age. The Chamber believes that promoting also calls for an improved partnership between the government, the private sector and the civil society to ensure that the operations of the private sector in The Gambia will generate more employment and enhance the livelihood of the many Gambians involved. We continue to improve upon our dialogue and engagement with Government, which have also led to more pro-activity including invitations to State missions overseas; the first pre-budget consultation in many years; the lunching of the Public Private Partnership unit; imminent reactivation of a National Economic Council; amongst many others. sustainable enterprises should revolve around strengthening the institutions and systems which nurture these businesses, as well as ensure that human, financial and natural resources are combined equitably and efficiently in order to bring about innovation and enhance productivity. This in the GCCI’s history. Please join me in congratulating the Board and Management. We work for businesses everyday whether they see us or hear us. When we succeed in increasing viable opportunities for private enterprises in the country, everyone becomes a beneficiary. The private businesses will expand their market, enhance their sales and employ more people; consumer spending will increase; the Government will receive more taxes to be able to finance the development of the country; commercial banks will receive more deposits and savings from customers for their investments; and the male and female entrepreneurs will enjoy greater profit, have more income, provide adequate food, healthcare and education for their children and families. Two years ago, when the new Board was elected, we promised our members good governance, best practice, responsiveness, engagement with Government and financial discipline. I am pleased to report that we have remained steadily on course and herewith present the strongest performance Voice of Business Kerr Jula, Bertil Harding Highway, Bijilo West Coast Region Tel: 4463452, 4463152, 4466444 - Email: [email protected]; www.gcci.gm Page 1 new challenges they are faced with in this generation. On behalf of the staff and Board of Directors of GCCI, I thank you for your support this past year. We look forward to working with you in 2015 as we continue to build sustainable enterprises and ensure that our members adjust to the Finally I thank the Government for their increased partnership with the Private Sector as well as my colleagues and staff for their steadfastness and support. ****** Trade Fair Gambia International (TFGI) 2015 The Opening Statement at the 8th Edition of Trade Fair Gambia International (TFGI) was delivered by Mr. Papa Yusupha Njie, the 1 st Vice President of the Chamber, and the ceremony was chaired by Mr. Malick Jones of MOICI. According to Mr. Njie, the goal of the Chamber is to realize a deepened business relationship not just within the Gambian business community, but also establishing strong symbiotic ties between the private sector, the Government and civil society. Furthermore, he alluded to the fact that an effective Public Private Partnership (PPP) will propel a sustainable and inclusive growth through employment creation, revenue generation and the enhancement of the livelihood of Gambian people. Furthermore, the Minister of Trade, Industry, Regional Integration and Employment, Honorable Abdoulie Jobe, emphasized the need to build Micro, Small and Medium Enterprise (MSMEs) because they are the principal source of growth and employment in The Gambia. According to the Private Sector Development Strategy (20152019), MSMEs in the Gambia accounted for more than 20% of the Gross Domestic Product (GDP) of The Gambia in 2013, and cater for more than 60% of the urban labour force. Similarly, the Honorable Minister highlighted that this year’s TFGI theme: ’’Supporting Sustainable Enterprises: The Gambia @ 50’’ emphasizes the need for all players along the value chain to work together to achieve substantial economic growth, which would trickle down to every Gambian. ****** GCCI GEF/UNIDO Project Renewable Energy (RE) Forum GCCI in partnership with the GEF/UNIDO 4 Project created more awareness on renewable energy through the business forum organized on 18th March at the TANGO Secretariat, in conjunction with the Trade Fair Gambia International 2015. The theme for the forum was “Supporting Sustainable Small and Medium (SMEs) through Renewable Energy”. Voice of Business Kerr Jula, Bertil Harding Highway, Bijilo West Coast Region Tel: 4463452, 4463152, 4466444 - Email: [email protected]; www.gcci.gm Page 2 The forum brought together Small and Medium Enterprises (SMEs) from various sectors and the activity included presentations and discussions of the economic and social impacts of RE Projects and initiatives in The Gambia, as well as the huge business opportunities for entrepreneurs and for cost savings. the forum culminated in a field visit to Lemon Creek in Bijilo and Mbollo in Tujereng. After presentations from Mr. Uriel Thomas, UNIDO; Mr. Ram Mohan, ComAfrica and FANDEMA Mbollo Women Association, ****** Trade Fair 2015 Business Forum The Chamber organized a business forum on 19th March, at Ocean Bay Hotel. The theme of the forum was "Supporting Sustainable Enterprises", and it was organized as a side event of Trade Fair Gambia International 2015. The presenters were Mr. Lamin Gaye of GIEPA and Mr. Ismaila Jarjue of Central Bank of The Gambia; and the moderator was Mr. Dawda Sarge, a GCCI Board Member. The presentations provided insight on major challenges encountered by enterprises in The Gambia, research information on case studies both from Africa and Asia, which share similar experiences as well as recommendations to resolve these challenges in order to make businesses more sustainable. There was also a very interactive discussion with meaningful comments and interventions from the audience. Visit of The Director General of the Ministry of Commerce (Guinea Bissau) A delegation from Guinea Bissau headed by the Director of Commerce, Ministry of Trade, paid a courtesy call to GCCI in order to identify areas of possible collaboration between the private sector of The Gambia and Bissau. Also, the delegation visited the Trade Fair Gambia International (TFGI) at the Independence Stadium, and called for more participation of economic operators from Guinea Bissau. List of New Members for March 2015 Company Eat My Nuts Njie’s Fashion S.H. Trading Company Emanic Consulting Business Activity Exportation of Cashew Solar & Husqvarna Chainsaw Casino Games (Cards Game machines etc.) Consulting Services Voice of Business Kerr Jula, Bertil Harding Highway, Bijilo West Coast Region Tel: 4463452, 4463152, 4466444 - Email: [email protected]; www.gcci.gm Page 3 KEY PROJECTS 2014 In 2014, GCCI has been very instrumental in expanding international trade activities, promotion of economic growth, and generally successful in fulfilling its mandate. For example, some of our major activities for 2014 are as follows: TFGI In 2014, the Trade Fair Gambia 2014 (also known as TFG 2014) exhibitors had increased to 257 with 37,700 visits from 1st to 16th March, 2014. Participants from 15 different nationalities from Africa and Asia were present. ‘Marche Jula’ ‘Marche Jula’ mini-trade fair, conceived and organized by GCCI is usually held in strategically selected lower-income communities, with the primary objective of creating an affordable platform where micro and small businesses can buy and sell their products, as well as gain exposure by exhibiting products and services. We have been privileged to receive support from the Gambia Commercial Agriculture and Value Chain Management Project (GCAV). Business Forums and Consultative Meetings With support from our partners, the Chamber continually holds regular meetings and business forums with key sectors and principal drivers of the economy which highlights an array of challenges and proposed solutions that are beneficial to the Gambian private sector and its relevant stakeholders. GCCI has organized several forums to strengthen the capacity of business enterprises in 2014. Through these forums, the Chamber provided an important platform for business operators in The Gambia to share views on varying issues in different facets of business. It also availed an opportunity to sensitize business operators on how best to leverage on key investment initiatives (for example, Foreign Direct Investment and Public Private Partnership), and to better understand the Government’s vision and priorities, specifically on ‘Vision 2016’, among others. These forums attracted the participation of stakeholders from the private sector, the Gambian Government, civil society representatives; which was funded by a grant from the British Embassy, Banjul. GCCI Business Awards (GBA) For almost 25 years now, the GBA has been conducted as an annual event. The achievements of nominated candidates are now measured against set criteria developed by stakeholders and players of key industries in our economy. In 2014, the GCCI introduced an Award Council comprising of representatives of the Ministry of Trade, Industry, Regional Integration and Employment, University of the Gambia, The Gambia Bar Association and DT Associates. Capacity Building for Businesses Following the completion of a Training Needs and Business Information Needs Assessment of the business community in The Gambia, a schedule of training programmes identified in the assessment report where implemented during the course of 2014. One of the specialist training programmes that was implemented was a five-day ‘Executive Development Programme’ on International Business and Trade conducted by one of the leading business schools in India, the Indian Institute of Foreign Trade (IIFT). Support received from the Enhanced Integrated Framework Project also facilitated the training of 25 GCCI Members on business proposal writing. Voice of Business Kerr Jula, Bertil Harding Highway, Bijilo West Coast Region Tel: 4463452, 4463152, 4466444 - Email: [email protected]; www.gcci.gm Page 4
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