"The delegation mandated by the Gabonese state thus seized the opportunity to provide investors, in particular Treasury Securities Specialists (SVTs) and local institutional investors, with the schedule of securities issues for the current year. This approach, which contributes to strengthening the promotion of government securities on the sub-regional market, allows it to broaden the investor...
“With the fall in oil prices over the medium term, the outlook is that Cemac's budgetary and external adjustments will be slower than previously expected, and risks are tilted to the downside. Growth is expected to rebound in 2021 to 2.7% and continue to gradually accelerate to around 3.5% over the medium term, as reforms...
With an average growth in banking revenues of 11% per year and more than 800 million dollars raised by African FinTechs in 2019, the African financial industry was, before the start of the Covid-19 pandemic, one of the most dynamic in the world. At a time when the impact of the economic crisis promises to...
"The rate of the commission to be charged by the Central Bank during the execution of outgoing transfers outside Cemac on behalf of authorized intermediaries is set at 0.5% excluding tax of the amount", the monetary issuing institution under regional assured.
Despite the crisis of the coronavirus pandemic which disrupted traffic, this good performance is linked to the fact that the port authority "quickly put in place a response plan including a strategic readjustment ... traffic forecasts have been met. you, new operators have continued to set up, whether they are leaseholders or agents and finally,...
"Following the payment of part of the domestic commercial debt of the 179 companies audited and validated for 2014-2015-2016, it is important that our union take stock and analyze the payment process", the President of Copéco Joséphat-Roger Obesse told the press.
The 2021 budget is being carried out in a context marked by the health crisis linked to Covid-19 but also the security crises in the Far North, North West and South-West regions. “Politically, it was to say that 2020 has been a disastrous year. Fortunately, with the measures that have been taken by the Head...
This funding was intended, among other things, to equip public hospitals. In addition, the hearing between the president of the BDEAC and Rose Christiane Ossouka mainly aimed to take stock of the cooperation between Gabon and the monetary institution.
At the three different sites visited, work began at the beginning of January. The BRCC, BCC and GTA technicians who are hard at work say they will complete the work next May. Erected on one level in Mfilou and on two in Makélékélé and Talangaï, these modern structures which will house all the tax services...
According to the Minister: “Today's signing of the convention further concretizes this dynamic of transformation that our country must face. This is in line with the message that the Head of State sent to the nation on December 31, 2020 and in which he specifically set out the orientations and strategic axes through which our...
The Minister also establishes the electronic payment as a mode of compulsory payment of taxes and duties for large companies falling within the portfolio of the management of large companies. The text exceptionally authorizes the payment of taxes in cash only at bank counters. But not with the tax officials who have often fed the...
The participants in this continental meeting will discuss the need to change the paradigm; the thorny issue of funding and the notion of risk; the central role of innovation and digitalization and the challenges of rehabilitation, upgrading and maintenance; the importance of PPP models.
In addition, the rise in the prices of imported products in line with the 5% increase in the World Food Fund (FAO) index has also contributed to inflationary pressures. “The increase in prices was particularly observed in the following items:“ Food products and non-alcoholic drinks ”(+ 1.8%),“ Transport ”(+ 6.4%),“ Education ”(+ 2.6% ), "Communications"...
"Publish What You Pay already expresses the wish that the implementation of the EITI standard once on track, its scope of application will be extended in a second step, to the forest / wood sector in order to improve the traceability of the colossal financial flows that are generated there and whose numerous scandals relating...
The supervisory authority advocates dialogue for the preservation of social peace within the company. At the same time, the Minister promises the operationalization of the Universal Postal Service Access Fund which would help Sopéco to provide service throughout the national territory, the training of personnel in digital professions, the inventory of the heritage of this...
The import customs duty (DDI) of the concerned products of group 2 will be reduced by 60%; the other duties and taxes remaining unchanged and the customs import duty (DDI) of the concerned products of group 3 will be reduced by 10%; the other duties and taxes remaining unchanged ”, we can read.
Holder of a master's degree in accounting and finance from the Catholic University of Central Africa in Yaoundé, “he worked for the development and implementation of factoring in West and Central Africa, where during these last ten years, it launched the activity with ten commercial banks ”, notes the reporter.
This increase in crude oil exports comes against a backdrop of a resumption of fragile demand, requiring "caution" in the face of uncertainties over global oil demand. It will be characterized by a 10% increase in Rabi Blend, which will rise to 68,000 bpd next month compared to this month, for two shipments. Private Equity-backed...
