In the most recent revision to its “grey list,” the Financial Action Task Force (FATF) has included Cameroon, Croatia, and Vietnam among the jurisdictions that will be subject to heightened scrutiny regarding money laundering, and terrorist and proliferation financing. This information was disclosed in a press release on Friday. This …
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15 Years in Prison for Jean William Sollo, Former Managing Director of Camwater This marks the end of the legal saga that pitted him against the State of Cameroon over his management of Cameroon Water Utilities (CAMWATER). The former Managing Director of CAMWATER, Jean William Sollo, was sentenced to 15 …
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DOUALA, June 14 (Reuters) – South African mobile operator MTN Group (MTNJ.J) said on Wednesday that its Cameroon operations were threatened by the seizure of its bank accounts in the country as part of a dispute in which it plays no part. MTN Cameroon’s accounts with more than 14 billion CFA francs …
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AITN | Mobile Money Corporation (MMC), la filiale fintech de MTN Cameroun, a obtenu une licence de prestataire de services de paiement de la Commission Bancaire de l’Afrique Centrale et du Ministère des Finances. Auparavant, MTN Cameroon opérait sous une licence de paiement mobile détenue par Afriland First Bank, ce …
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Business in Cameroon | After the public transport company Stecy SA saw its contract with the Yaoundé Urban Community (CUY) terminated, the company turned to the Prime Minister to request arbitration. Indeed, according to a report published by the Ministry of Finance (Minfi) on the cost of budgetary risks of …
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Developing Telecoms | Camtel, MTN and Orange have been ordered by the Cameroonian government to immediately fix mobile services after subscribers staged protests over the lack of quality service. ITWeb reported, minister of posts and telecommunications Minette Libom revealed a crisis meeting with all three operators was held yesterday (April 27). …
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