Staff Distrust Banjul Breweries wants to move the company to Senegal

Staff at the Banjul stated their motives to relocate to Senegal saying that. “The Covid-19 outbreak are both used by the management as smoke screen. The real motive is, and has always been to relocate the factory to Senegal and use The Gambia as just a sales depot,” a spokesman of the staff said.

The staff noted that such a move will only benefit the company as it will save millions of taxes paid annually to the Gambia government as well as operation costs on both human and capital investments.

“They have already conducted a survey to see the possibilities of this hidden initiative. They want to use the factory in Senegal and change this brewery into a subsidiary to be managed by few employees. The Gambia government must not allow this plan to go ahead, because it will only trigger dire economic distress on the lives of the people and the state in terms of taxes.”

As said by the staff, the company is financially stable to sustain its operations in the country.
In an internal memo issued by the management and seen by the Standard, it stated the factory would need an investment of €2 million to sustain current operations and that after several economic assessments, cash required for necessary capital investment is “totally disproportionate to the envisaged profitability of the business”.

It further states that “most of the staff will be made redundant from May 1 and they will be compensated according to the labour laws” of The Gambia.
When The Standard visited the company premises for the management’s reaction to the claims, the security officers at the gate would not allow access, saying they are told not to allow journalists into the premises

Source__Standard News

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