The role of SomBank on Entrepreneurship development in Somalia Abdullahi Mohamed Entrepreneurs shape the financial destiny of nations by creating wealth and prosperity, providing products and services, and generating job opportunities and taxes for governments. This is why entrepreneurship is closely related to a country’s financial and economic growth. Entrepreneurs transform ideas into financial opportunities […]
Category Archives: Finance/Economy
The Japanese government has offered a sum of $2,750,000frs as support to the Cameroon government in the recovery plan to improve on health services and water supply in Fako Division of the South West Region by Fonban E. Lendzemo The government of Japan has signed a financial agreement with the government of Cameroon and the […]
The banking sector in Cameroon just like other sectors is suffering from the consequences of poor internet services in the country. Customers in banks and other microfinance institutions coming for transactions often regret this delay and grumble helplessly. These poor internet services which could possible result from either poor transmission equipment or technical breakdowns usually […]
by Abdullahi Aamir Somalia’s private sector seems to oppose any governmental ruling that may impose additional taxes which they believe will lower their revenue. During the chaos of the civil insurgence, the private sector played a major role overtaking local import market. The people of Somalia had never before had the financial freedom to access […]
Cameroon; Custom Department announces tax exemption and reduction in some materials during custom day.
The International Customs Day has been celebrated in Cameroon last Tuesday, 26 January 2021 at the 101 Airforce base at Mvan in Yaounde. The event was presided over by the Minister of Finance; Louis Paul Motaze and present at the event was the Minister Delegate at the Presidency in Charge of Supreme State Audit Mbah […]
Motaze tells his people to engage in modern farming as he presides over Ambam Financial hall launching.
By Fonban Emmanuel The Minister of Finance, Louis Paul Motaze during his mission to the South Region to preside over the ceremony to launch the 2021 state budget visited Ambam, a locality in the South Region of Cameroon. Motaze was received in Ambam by the Senior Divisional Officer, Divisional Officer and the Mayor of that […]
by Fonban Emmanuel The launching of the 2021 state budget in the South Region of Cameroon by the Minister of Finance gave an opportunity for experts in different ministries to make presentations on the budget reforms as well as taxes at all levels. The presentations relating to the 2021 state budget was one among the […]
By Fonban Emmanuel The Cameroon’s Minister of Finance, Louis Paul Motaze on Tuesday, 12 January 2021 presided over the launching ceremony of the execution of the 2021 state budget in Cameroon. The event took place in the South Regional Capital, Ebolowa precisely at the Regional College of Agriculture. Present at the event was the Governor […]
Prof. Kelly Mua says there is 2000billion frs reserved but the private sector must restructure to access
by Fonban Emmanuel “Before you start up your business operations or whatever it is, there are fundamental questions you need to ask yourself” and these questions and answers were reason behind the conference organised by one of Cameroon’s newest Professor, Kelly Mua Kingsly, a financial engineer from Copper Stone University in Zambia. This conference was […]
by Fonban Emmanuel The African Regional Center for Community and Endogenous Development known by its French acronym CRADEC, on Wednesday, December 9, 2020, organised the second edition of the citizens’ dialogue. This took place at CICM Mvolye in Yaounde, Cameroon’s administrative capital. The second edition Citizens’ Dialogue organised by CRADEC and strengthened by partners is an […]