These commercial actions are also supported by the strengthening of the risk management framework, through the development and regular updating of a risk appetite policy and risk mapping, which have made it possible to reduce the risk. cost of risk from 5.5 million euros in 2015 to 0.87 million euros in 2019, i.e. 1.1% of...
On this subject, the experts of the two countries meeting earlier before the signing of the memorandum of understanding presented the situation which boils down to several difficulties in the operation of a few bands and the disturbances noted on the frequencies. To dig deeper into this issue, the two parties will organize in Brazzaville,...
“It is utter desolation. Since June 2019, a unilateral reduction in commissions relating to transactions via MTN mobile money has been observed. Commissions increased from 1 to 0.7% for deposits, i.e. 70 FCFA for a deposit of 10,000 FCFA and from 0.7 to 0.5% six months later, or 50 FCFA for a deposit of 10,000...
Despite an increase in net banking income, United Bank for Africa had to cope with an increase in its personnel costs. A situation which seems to result from a certain restructuring of its human resources and more generally of its activities.
The particularity of the application is that it combines remote medical services and those in the field. This combination brings together a wide variety of customers including individuals, doctors, pharmacists and others in the field. Founded at the start of the year, the Healthlane solution already has more than 60,000 customers in Cameroon and Nigeria....
In the area of community health, we note "the continuation of the program to reduce mortality due to snakebites in Touboro and in the Chadian province of Logone Oriental through the improvement of the supply of antivenom. In the education sector, high-tech equipment was offered to the University Institute of Technology of Douala and the...
The consortium's investment envisages the construction of an ore terminal includes the construction of 2 berths of 350 m each, with an evacuation capacity of more than 100 million tonnes of goods per year. KPMO is also planning the construction of a railway from the town of Avima, in the north-west of Congo-Brazzaville with a...
“Wearing masks is seen today as the most effective preventative measure to slow the spread of the virus and protect others. MTN, as a responsible corporate citizen wants to contribute in the sensitization of the population on the importance of wearing a mask.” declared Stephen BLEWETT, Chief Executive Officer of MTN Cameroon. “It’s an opportunity...
"The aforementioned authorization is granted to the company BANGE Bank Cameroon SA to practice in the banking sector, in strict compliance with the laws and regulations in force", specifies the ministerial decree. After this step, the establishment will have to obtain the approval of the monetary authorities, namely the Central African Banking Commission (COBAC) and...
