Joe Dinga Pefok (Uncle Joe)Towards the end of the first week of this month, the picture of the then General Manager of TRADEX, Simon PALEY, appeared on the social media, with a caption indicating that he was the first Cameroonian allegedly handed over by GLENCORE. This meant that Paley was the first persons whose name had allegedly been exposed […]
Category: Economy
The Director General says AXA is determined to continue to contribute to the socio – economic development of Cameroon. In a double and colourful ceremony that took place in Cameroon’s economic capital, Douala, on Wednesday, October 2, 2024, the Director General of AXA Group, THOMAS BUBERL, who was on a working visit to the country, […]
A very destructive conflict erupted between the former majority shareholder of Amity Bank, Isa Bongam, and the new majority shareholder and General Manager the bank, Lawrence Tasha, with two camps emerging in the bank. Bongam and Tasha got engaged in a series of protracted, damaging and costly court cases, which drained a lot of money […]
The debate as to whether Cameroon should pull out of the French neocolonialism which the franc CFA represents, and create its own currency, took an interesting turn on Sunday, September 20, 2024. This was in a debate during the weekly flagship programme of Vision 4 TV in Yaounde, known as ‘Club D’Elites’. Prof Oliver Bile, […]
Tawamba says besides the construction of roads, the principal challenge for Government remains the maintenance of existing roads. Questions the use of the money collected from toll gates across the country on each and every day. The President of the organization of enterprises in Cameroon commonly known by the French acronym, GECAM, Celestin Tawamba, has […]
Amity Bank Cameroon was created in 1990 by a group of Anglophone Cameroonians, who were economic operators. It was the outcome of a Commercial Bank Project; an initiative of Lawrence Tasha, a son of the Nso land in Bui Division, Northwest Region. Lawrence Tasha, a BOBAN, is a professional banker, who lived and worked in […]
He says GECAM is also worried about workers of local enterprises that obtain loans from banks and disappear to Canada, leaving the enterprises in problems. The President of the organization of enterprises in Cameroon commonly known by the French acronym, GECAM (former GICAM), Celestin Tawamba, has expressed the deep concern of the organization, that an […]
Mrs Gwendoline Abunaw, the University of Buea and London trained professional banker, has since 2017 being the General Manager of the reputed and popular commercial bank in Cameroon, Ecobank, a Pan-African bank. Not only that, she also doubles as the General Manger of “Cluster CEMAC” of the Ecobank Group, which means that she oversees the […]
However some of the banks have been recording success stories. With the coming of Africa Golden Bank, Cameroon today counts a total of eight commercial banks created with local capital, including one created by the State. They include: 1) Afriland First Bank. 2) Union Bank of Cameroon, UBC. 3) Commercial Bank Cameroun, CBC. 4) Credit […]
There are seven legalized breweries in Cameroon The Court of Justice of the Central African Economic and Monetary Community, CEMAC, located in Bangui, Central African Republic, in a recent ruling validated the controversial sale of Guinness Cameroun SA by its mother company, Diageo Group of Scotland in the United Kingdom, to Groupe CASTEL of France, […]
