After dismissing some of its staff, the La Falaise Hotel group has finally closed its three hotels located in the Akwa, Bonanjo and Bonapriso neighbourhoods in Cameroon’s economic hub Douala. This decision as explained within the hotel chain is motivated by the lack of customers caused by the Covid-19. If the empire of the Cameroonian...
The Société des Brasseries du Gabon SOBRAGA has announced that her products are Covid 19 free, emphasing that all measures have been taken to avoid any contagious infection within the company. This follows rumours about the company’s products being infected by the coronavirus after its Director General was tested positive of the pandemic. Amidst bad...
The Commission on Public Establishments in Cameroon CTR has revealed that the State has the ambition to buy the shares of Total Outre-mer within the National Oil Refinery company SONARA. The cost of the purchase is estimated at 9.6 million US dollars (about 5.2 billion FCFA). If the State were to buy out the shares...
The TOTAL Gabon Board of Directors has proposed that a dividend of $ 11 per share be distributed on behalf of the 2019 financial year, representing a total remuneration of 49.5% for the benefit of its shareholders. If this directive is adopted, it will represent a level of dividend equivalent to that of the 2018...
Beside the tragic human toll of the coronavirus, the s already having considerable economic impacts, posing major challenges to the global supply chain and certain business sectors such as airlines, travel and leisure, and causing significant stock market volatility and some precipitous falls. As businesses are affected, the Covid-19 puts a spotlight on insurers who...
The Technical Committee for the Rehabilitation of public and para-public sector Enterprises CTR reveals that, the Cameroon Petroleum Depot Company commonly known as SCDP is not compliant with oil stocks regulations. This statement follows an investigation into the company where it was discovered that, SCDP’s safety stocks are 110,000 m3 (This means 20 days of autonomy...
Le pétrolier franco-américain avait répondu à un appel relatif à la fourniture et l’installation d’une pompe à tiges dans un puits pétrolier situé dans la Sanaga-Maritime. Adolphe Moudiki, l’administrateur directeur général de la Société nationale des hydrocarbures (SNH), vient de déclarer infructueux un appel d’offres soumissionné par la multinationale franco-américaine Schlumberger, la société mauritanienne Afrecom...
C’est la 11ème filiale du groupe bancaire camerounais sur le continent africain. La banque camerounaise Afriland First Bank poursuit son extension sur le continent africain. Elle vient d’obtenir l’autorisation d’ouvrir ses portes en Ouganda. C’est du moins ce qui découle d’une annonce récente de la Banque centrale ougandaise, qui a affirmé avoir octroyé la licence à...
A l’occasion de la 7ème édition de sa journée annuelle, la banque panafricaine a remis des dons à l’hôpital régional de Doba, organisé des tests de diabète, une formation à l’attention des médecins, entre autres. La banque panafricaine Ecobank a organisé les 4 et 5 octobre derniers, les activités de la 7èmeédition de sa journée à...
