logoBC
Yaoundé - 24 February 2020 -
Finance

CEMAC countries to be supplied with loose change by November 2019

CEMAC countries to be supplied with loose change by November 2019
  • Comments   -   Friday, 05 July 2019 14:32

(Business in Cameroon) - In CEMAC countries, Cameroon notably, it is increasingly becoming difficult for traders to access loose change that is necessary for their day-to-day operations. During a press conference on July 4, 2019, Dieudonné Evou Mekou, the central bank’s vice-governor indicated that these coins would be supplied by November 2019.

We effectively discussed the issue. It was handled by the vice-governor and orders have been passed,” Abbas Mahamat Tolli, the central bank’s governor said.

Let’s note that many coin exports networks maintained by the Chinese have been dismantled in Cameroon. Once exported, these coins are used to fabricate various tools and objects.

BRM

coronavirus-cemac-countries-prepare-a-common-prevention-and-preparedness-roadmap
On Feb 18, 2020, the Sipopo International Conference Centre, Equatorial Guinea, hosted the meeting of national experts from partner countries and...
cameroon-adc-purchases-xaf760-mln-worth-of-airport-support-equipment
Aéroports du Cameroun (ADC), in charge of airport platforms in Cameroon, informs it recently acquired new manufactured support equipment by French Miloco...
bncrf-dismantles-contraband-network-in-douala
In mid-February, fraud repression agency BNCRF conducted a lightning raid in Douala. During the raid, boxes of “Château Barreyres” branded wines of...
moroccan-business-school-esca-advertises-its-trainings-to-cameroonian-students
For some days now, a delegation of officials and Cameroonian students of Morrocan business school ESCA have been in Cameroon. During the tour, started in...

Mags frontpage


Business in Cameroon n84: February 2020

Money transfer business Cameroon is on the front line


Interview: «Shifting from bureaucratic management to efficient public management»


Investir au Cameroun n94: Février 2020

Sociétés de transfert d’argent Le Cameroun au cœur de la bataille


Entretien : « Passer d’une administration bureaucratique à une gestion publique performante »