In December 2024, while scrolling through Facebook, I came across a post by a young Gambian woman living in the diaspora—let’s call her “Mato” for privacy’s sake. Mato publicly declared her 2025 resolution: she would no longer lend money to friends or family. After extending sizeable loans throughout 2024, many of which went unpaid and […]
Why Lending Money to Friends and Family Is Often a Bad Idea Read More »
Lending money to friends and family is common worldwide, often motivated by goodwill and a desire to help loved ones in need. However, while the intention behind such loans is usually positive, the reality can be far more complicated. A recent poll to understand whether lending money to friends and family impacts relationships has revealed
Lending to Friends and Family: A Poll Reveals the Hidden Strain on Relationships Read More »
The Gambia’s 2025 national budget unveils transformative tax reforms to modernize the fiscal system, expand the tax base, and promote equity. These changes are effective from January 1, 2025. This article provides summary points on the key changes. Key Tax Reforms Withholding Taxes Expanded to cover contractors, suppliers, and consultants, with rates of 10% for
Tax Reforms in The Gambia’s 2025 National Budget Read More »
In a world where the mechanics’ trade has long been male-dominated, one woman in The Gambia defied the odds, proving that anyone can carve their path to success with determination and ingenuity. Business in Gambia’s Ebrima Sawaneh interviewed Ida Faal, a remarkable female mechanic who transitioned from studying business law to becoming a trailblazing figure
The Journey of Ida Faal, a Trailblazing Female Mechanic in the Gambia Read More »
Are you considering opening a franchise? Franchising is an excellent opportunity for entrepreneurs to start their own businesses with the support of an established brand. But before taking the plunge, it’s essential to understand what it takes to be a successful franchisee. This article will explore how you can become a successful franchisee while operating
How to be a successful franchisee Read More »
Since its introduction in 2009, cryptocurrency bitcoin has encountered both highs and lows in its valuation, even becoming a hot topic of discussion among financial experts. Bitcoin and other cryptocurrencies have been the subject of much debate over the years. Those in favor argue that it is the future of currency and investing, while those
5 Ways to Invest in Bitcoin Read More »
Precious Williams is a self-described “full-figured diva from St. Louis” who admits she made every mistake in the book before making it big as a bestselling author and CEO of Perfect Pitches By Precious. Today, she shares the power of creating the perfect pitch with audiences that number in the thousands, but she climbed a
We are at another time of the year when many parents send their children to school. For some parents, this may be the first time their child is going to school; for others, it can be a promotion from one class to another. It can also be a transfer to another school. No matter the
Back to School in the Gambia – Financial Planning & Responsibilities Read More »
When it comes to the major life decisions that could be made, there is no doubt that moving house ranks highly on the list. However, you may well be wondering what the top reasons are why people decide to take this huge step in the first place. It could well be the case that you
4 Top Reasons to Move House Read More »
You may be looking to buy a franchise because you want the security of being part of an established company, or you might be interested in opening your own business and thinking that buying a franchise would be the easiest way to get started. Either way, you’ll have to do some serious research before deciding
Is Buying a Franchise Right for You? Read More »
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