logoBC
Yaoundé - 02 December 2022 -
Insurance

CIMA Revokes License of Alpha Assurances

CIMA Revokes License of Alpha Assurances
  • Comments   -   Tuesday, 02 April 2013 19:43

(Business in Cameroon) - The regional commission for the control of insurance companies (CIMA) has revoked the license to operate of Alpha Assurances, according to Tuesday’s Cameroon Tribune.

According to the paper, a high-level executive of CIMA has confirmed the news, on the phone from Dakar (Senegal), where the institution is holding its General Meeting. He adds that the Cameroon’s Minister of Finance will be notified in the coming days.

A liquidator will be appointed once the information is official, according to the paper.

Even before the news is made public, the Alpha Assurances agency at the Hippodrome, Yaoundé is already closed, the paper wrote.

To date, Alpha Assurances was placed under administrative provision.

cameroon-coffee-production-bounced-back-after-bad-2020-21-season
Cameroon coffee producers tripled their volumes to a total of 38,047 tons, including 6,386 tons of Arabica ad 31,661 tons of Robusta, during the 2021-22...
cemac-agricultural-export-prices-fell-4-9-in-q3-2022
The prices of agricultural products exported by Cemac countries dropped 4.9% between July and September 2022. Over the previous quarter, the decline was...
the-cameroon-local-materials-promotion-authority-inaugurates-its-headquarters-built-with-local-materials
The Cameroon Local Materials Promotion Authority (Mipromalo) inaugurated last November 29 its headquarters in Yaoundé. The ceremony was presided over by...
social-security-cameroon-plans-to-set-up-a-national-fund-for-public-servants
The Cameroonian government is mulling over creating a national fund for state employees. The information was reported by Prime Minister Joseph Dion Ngute...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »