By: Binta Jaiteh
As Eid al-Fitr approaches, numerous businessmen are expressing heartfelt concerns about the soaring prices of food commodities, making planning for the celebration challenging.
Speaking with vendors at Tippa Garage and Serrekunda Market, entrepreneurs shared their frustrations about the current state of the business climate in the country.
Momodou Jallow highlighted the difficulties posed by the high cost of basic commodities, making day-to-day survival a struggle for many.
“It’s disheartening that I can’t even pinpoint the reasons behind the constant price hikes we’ve been experiencing for years,” he said, reflecting the weight of uncertainty many feel.
He explained that purchasing 5 liters of oil now demands a significant amount of money, nearly equal to buying 10 liters. “These are real challenges we’re facing in the business sector. It’s hard for us, and we need understanding and support from the community,” he added.
Jallow pointed out that oil prices are rising rapidly, contributing to the overall economic strain. While some other basic food items like onions, sugar, and Irish potatoes may be somewhat more affordable, he emphasized that the community often misplaces its frustration. “We have families to care for, just like everyone else, and we rely on this business to feed them. When we buy goods at high prices, it inevitably leads to increased costs. This situation weighs heavily on us,” he explained.
He also mentioned the challenges posed by high rental costs, expressing how difficult it has become for many shop owners. “Some landlords are now asking for payment for an entire year upfront, which places a tremendous burden on small businesses,” he shared, his empathy for others in similar positions apparent.
“I pay around one hundred thousand annually, which is truly overwhelming for a small business like mine,” he lamented.
He called upon the government to lend support to small business owners facing these escalating prices, acknowledging the need for understanding and collaboration.
Amadou Secka echoed his sentiments, recognizing that the ongoing price hikes have caused substantial hardship over the years without government intervention. “I believe the government and the Ministry of Trade must engage meaningfully with leading businessmen to address these pressing concerns,” he urged, showing a deep concern for the well-being of the community.
“The hardships Gambians face due to rising prices are palpable,” he stated compassionately. “In a small country like Gambia, it’s painful to see so many struggling to make ends meet. We hope the government will take action to examine the welfare of the business sector and the people it affects.”
Ablie Camara, at Serrekunda Market also described how overwhelming the situation has become. “Honestly, I find myself at a loss for words,” he said, his frustration resonating deeply.
Mr. Camara emphasized that the current business climate is far more challenging than in previous years. “We consistently confront issues with food commodities, and each day brings new obstacles,” he shared.
“The most heartbreaking part is working without making a profit. We depend on our businesses to cover essential costs like school fees, electricity, clothing, and more. If sales continue to dwindle, many of us face dire consequences,” he expressed with genuine concern.
He urged everyone to remember that the burden of these challenges affects us all. “Now is the time for the government to step in and support those in the business community. With Eid fast approaching, the ongoing price increases weigh heavily on our hearts,” he concluded, hoping for a brighter future for everyone.
