Archives des Finance - Page 36 of 46

According to figures from the Directorate-General for the Economy and Fiscal Policy collected from the Association of Professionals of Credit Institutions (Apec), the rate of coverage of loans by deposits...

InEconomy, Featured, Finance, NEWS

BEAC imposes a new tax on transfers of funds abroad

September 29, 2020ByPeter Nsoesie

Regarding transactions, on behalf of national treasuries and public accountants, as well as sub-participants in payment systems and means holding accounts in the books of the Central Bank, the commission...

Incooperation, Economy, Featured, Finance, NEWS

Congo’s Digital payment hub takes shape

September 24, 2020ByLa Rédaction

With a term of one year renewable by tacit agreement, the agreement aims to ensure the monitoring of electronic transactions carried out in the Republic of Congo by transfer, direct...

Incooperation, Economy, Featured, Finance, NEWS

AFD supported structure grants 38 million FCFA to 7 Chadian entrepreneurs

September 24, 2020ByLa Rédaction

Seven winners were thus selected by a panel of experts and were able to benefit from a total budget of 38 million CFA francs. This amount, without interest and without...

InEconomy, Featured, Finance, NEWS

Government levies VAT on Social media platforms

September 22, 2020ByLa Rédaction

To break it down, “when a company X based in Cameroon or under Cameroonian law buys advertising space from Google, once the invoice has been paid, Google is required to...

InEconomy, Featured, Finance, NEWS

Gabon’s Public debt rises by 4000 billion FCFA between 2009 – 2019

September 20, 2020ByLa Rédaction

“The IMF gives money to the government and people often expect these funds to improve their living conditions. They are wrong because the IMF does not invest to improve living...

InEconomy, Featured, Finance, NEWS

EOG loan 6.25% Net 2019-2024: Gabon pays 7.8 billion FCFA in interest

September 19, 2020ByLa Rédaction

During the borrowing operation, for the value "EOG 6.25% NET 2019-2024", Gabon had mobilized an envelope of 126 billion francs in the last quarter of 2019, whereas it did not...

Incooperation, Economy, Featured, Finance, NEWS

About 10 BVMAC shareholders approved by Cosumaf

September 17, 2020ByPeter Nsoesie

Among these are “the Debt Recovery Fund, Assinco SA, Bati Sarl, the Professional Insurance Company of Cameroon, but also Commercial Bank of Cameroon, Banque Atlantique du Cameroun, Financia Capital, Union...

InBusiness opportunities, CEO, cooperation, Economy, Featured, Finance

French business magnet unveils plans to invest in Cameroon

September 14, 2020ByPeter Nsoesie

Speaking to reporters at the end of the meeting with the Head of Government, the Duval Group boss reiterated, “We have planned investments in Yaoundé and Douala. These operations are...

Incooperation, Economy, Featured, Finance, NEWS

Cameroon Government seals 10 billion FCFA deal with BGFI to assist Enterprises affected by COVID 19

September 4, 2020ByPeter Nsoesie

“For us, the main thing is first to preserve the jobs of SMEs. Then they must come so that we can find together the conditions for relaunching their activities, ”said...

Incooperation, Economy, Featured, Finance, NEWS

Gabon: Debt could reach 74.7% of GDP in 2020, according to IMF

September 2, 2020ByLa Rédaction

The report also points out that this rate exceeds the convergence threshold of 70% of GDP in force in the Cemac zone, the Economic Community of Central African States (Cameroon,...

Incooperation, Economy, Featured, Finance, NEWS

Merger of CEMAC’s two Stock Exchanges almost complete

September 1, 2020ByLa Rédaction

The actions still to be carried out for the finalization of the second phase of the merger of the financial markets of the Economic and Monetary Community of Central Africa...

InEconomy, Featured, Finance, NEWS

CÉMAC’s unified financial market prepares IPOs

August 25, 2020ByLa Rédaction

It should be noted that the second phase of the CEMAC financial market merger project initiated in July 2019 concerns: the reform of the regulatory framework relating to market activities...

Incooperation, Economy, Featured, Finance, NEWS

New World Bank Representative in Chad assumes office

August 23, 2020ByLa Rédaction

A Turkish national, Rasit Pertev was previously Secretary of the International Fund for Agricultural Development (IFAD). He first joined the Bank in 2003 and has worked as a Senior Agricultural...