15 April, 2026
GRA, PURA, SICPA and Vista Bank Sign MoU to Strengthen Telecom Revenue Assurance
The Gambia Revenue Authority, Public Utilities Regulatory Authority, SICPA, and Vista Bank have officially signed a Memorandum of Understanding (MoU) marking a significant milestone toward the full implementation of the Revenue Assurance System for the telecommunications sector in The Gambia.
The agreement represents a major step in the Government’s ongoing efforts to modernize revenue administration, improve transparency, and strengthen compliance within the telecommunications industry. The Revenue Assurance System is expected to enhance the monitoring and verification of telecom revenues through advanced digital technology and real-time reporting mechanisms.
Speaking during the signing ceremony, officials highlighted that the initiative will support more accurate revenue collection while minimizing leakages and strengthening financial integrity across the sector. The system is also expected to improve accountability among telecommunications operators by providing real-time revenue monitoring and enhanced oversight capabilities.
The partnership brings together key institutions with complementary roles in regulation, financial services, and technological implementation. While the Gambia Revenue Authority will oversee revenue administration and compliance, the Public Utilities Regulatory Authority will continue its regulatory oversight of the telecommunications sector. SICPA will provide the technological infrastructure and expertise required for the implementation of the system, while Vista Bank will support the financial transaction and settlement framework associated with the initiative.
The Revenue Assurance System forms part of broader national digital transformation and domestic resource mobilization efforts aimed at improving efficiency, boosting government revenue, and promoting transparency in key economic sectors.
Stakeholders expressed confidence that the successful implementation of the system will contribute significantly to sustainable revenue generation, improved sector governance, and enhanced public trust in financial and regulatory processes within the telecommunications industry.