National identity card: in Cameroon, stamp duty increases by 257%

National identity card: in Cameroon, stamp duty increases by 257% The Evolution of Cameroon’s National Identity Card System In a significant development for Cameroon, the country’s national identity card system is undergoing a major transformation. The Delegate General for National Security, Martin Mbarga Nguele, has announced the introduction of a new biometric ID system that…

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Tougher tax measures have not significantly deterred the importation of cigars and cigarettes into Cameroon, with figures staying above 2,000 tons.

Tougher tax measures have not significantly deterred the importation of cigars and cigarettes into Cameroon, with figures staying above 2,000 tons. In Cameroon, the tobacco industry has been facing a series of stringent tax reforms aimed at curbing consumption due to health concerns. Despite these efforts, the importation of cigars and cigarettes has remained significantly…

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22 Arrested in Kumba in an anti-drug operation among which are 05 girls and a pregnant woman

22 Arrested in Kumba in an anti-drug operation among which are 05 girls and a pregnant woman Law enforcement officials in Kumba arrested 22 people, including five females and one pregnant woman, during a recent anti-drug operation targeting [type of drugs seized] possession and distribution. The recent operation in Kumba, Cameroon, which resulted in the…

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The Expansion of the French Regional Capitals Project: A New Chapter for Bamenda and Maroua

The Expansion of the French Regional Capitals Project: A New Chapter for Bamenda and Maroua Good news for Bamenda and Maroua! The cities are now officially included in the French Regional Capitals Project, according to an announcement by French Ambassador to Cameroon, His Excellency Thierry Marchand The French Regional Capitals Project, a significant development initiative,…

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World Bank Approves $300 Million Loan (≈ 182 Billion FCFA) for Cameroon’s PROLOG Project in Crisis-Hit Regions

World Bank Approves $300 Million Loan (≈ 182 Billion FCFA) for Cameroon’s PROLOG Project in Crisis-Hit Regions In a significant move to bolster development in regions affected by various crises, the World Bank has extended an offer of 300 million US dollars, approximately 182 billion FCFA, to Cameroon. This funding is part of the Local…

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Cameroon: Annual Tax Declaration Reminder for Civil Servants and Private Sector Workers

Cameroon: Annual Tax Declaration Reminder for Civil Servants and Private Sector Workers Civil servants and workers of the private sector are all concerned with filing the Annual Tax Declaration for Individuals (ATDI) for their salary Income (or earnings) and or other passive income they earn besides Salary according to section 74bis of the General Tax…

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La Société Générale Cameroun a réalisé un bénéfice net de 29,8 milliards de francs CFA en 2023, en hausse de 31%

La Société Générale Cameroun a réalisé un bénéfice net de 29,8 milliards de francs CFA en 2023, en hausse de 31% Dans une remarquable croissance financière, la Société Générale Cameroun a enregistré un bénéfice net de 29,8 milliards de francs CFA pour l’année 2023, soit une augmentation significative de 31% par rapport à l’année précédente….

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