financial statements Archives

GAMTEL, GAMCEL lose over D870M

Ismaila SonkoFebruary 25, 2026February 25, 202604 mins

State-owned telecommunications companies GAMTEL and GAMCEL recorded combined losses exceeding D870 million in 2022, lawmakers deliberated today 24 February during a presentation of the firms’ annual activity report and financial statements before the National Assembly’s Standing Committee on Public Enterprises. The figures presented to the committee showed that while revenue improved in some areas, mounting…

Auditor General reminds public institutions to submit financial statements for audit

Press ReleaseMarch 3, 2025March 4, 202502 mins

Referencing to the press release issued in December 2024, the Auditor General (AG) wishes to once again remind those charged with governance of public institutions (i.e. Board and Management), of their statutory responsibility to prepare and submit their financial statements by 31st March 2025, for audit. This reminder also extends to public institutions whose audits…