Search
Page : 332 - Results of 5297 to 5312 from 6143 Results
In Togo, property transfer fee is now fixed at CFA35000 in line with a ministerial decree dated November 20, 2018.
“A flat fee of CFA35000 will be paid for registration, stamp fees and land conservation fees in the event of complete transfers (of property),” said a note released by the ministry of economy and finances.
Previously, the fixed fee were proportional to the property’s...
A few weeks after adopting the bill for creating commercial courts, Togo’s parliament just greenlit their establishment.
The courts’ upcoming establishment is much wished by Sandra Ablamba Johnson, counselor to the President of the Republic and head of the business climate. Indeed, the measure should align with the government’s efforts to improve the country’s business environment. It...
On December 6, 2018, a ministers’ council was held to launch an international tender for capital opening of Togocom. The latter results from the merger between Togo’s landline and mobile telephony leader, TogoCel and Togo Telecom.
Togolese authorities are actually looking for a strategic partner who can meet expectations of the public firm. These include rapidly boosting access to broadband...
Yesterday, Dec 6, Togo’s parliament adopted a law ratifying the creation of the African Continental Free Trade Area (AfCFTA).
Signed in Kigali, Rwanda, during the African Union Heads of State extraordinary summit, the agreement translates the will of 44 African States to “end their balkanization and create a single market that spans from Algiers to Cape Town, and Praia to Djibouti”,...
Last October 12, the government of Togo adopted a cybersecurity bill in a ministers’ council. This bill was passed in parliament yesterday.
In effect, the bill actualizes Togo’s national penal system, by modernizing incrimination under traditional penal rule and restructuring legal tools in line with digital environment standards. The law will “efficiently and effectively take into...
Last Wednesday in Lomé, the 18th general assembly of the association of industrial players of oleaginous sector across the West African Economic and Monetary Union (AIFO-Uemoa) was held. On this occasion, participants discussed new challenges rising due to the “Asian unfair competition” in the regional market.
To tackle this issue, the association’s first vice-chairman also MD of...
In the framework of its Elite BRVM Lounge, the West African stock market will add a second batch of 10 SMEs to the project, after a first batch of 10 firms, including Togolese firm Sodigaz, selected previously.
Presentation ceremony will be held on December 10, in Abidjan, Côte d’Ivoire.
The second batch’s addition is subsequent to a deal signed by BRVM, London Stock Exchange and the...
In Togo, mid-term financial and accounting audit of the 2016-2020 Mining Governance and Development Project (PDGM) will be carried out.
In its notice disclosing the information, the ministry of mining and energy said the audit should consist in getting professional advice relating to PDGM’s financial status at the end of every fiscal year.
The audit will also analyze the project’s financial...
Two years after electronic filling was launched by the Togolese Revenue Office (OTR), the tax institution partnered with Ecobank on December 5, 2018, to initiate pilot phase of online tax payment by big companies. This is a major step towards OTR’s digitalization since electronic filling without online payment is inefficient.
“Electronic tax payment contributes to the modernization of tax...
Under its 2019 State budget, Togo’s government will spend CFA1.5 billion on fertilizer subsidies for farmers, Togo First learnt.
The sum will in effect be managed by the agricultural input management and supply center (CAGIA) and be used to purchase 35,400 tons of fertilizers.
The move should benefit 125,000 vulnerable farmers, authorities promised.
In Africa, Togo is one of the countries...
Togo’s government will rehabilitate the Lomé-Cinkassé-Ouagadougou axis. The project which will ease traffic along the major axis is financed by the African Development Bank (AfDB).
According to a document released by the Togolese ministry of infrastructures and transport, the project involves the construction of three bridges along the corridor. The various bridges will be located in Anié...
In Togo, the youth employment director, Anala Telata, pled for the extension of the Youth Insertion and Employment Support Project in Promising Sectors (PAIEJ-SP) to transports, logistics and mechanization.
Doing so will, according to Telata, enable professional insertion of some youths and optimize conditions needed to achieve the goals of PAIEJ-SP in regards to job creation.
Actually,...
In the WAEMU, 75% of adults should have access to appropriate and cheap financial services over the next five years. The region’s central bank, BCEAO, is doing everything to achieve this objective.
In Togo, on the sidelines of the financial inclusion week, Kossi Tenou, national director of the BCEAO, declared: “Our regional financial inclusion strategy mainly aims at ensuring, over the next...
Last Monday in Lomé, the construction of Togo’s first data processing and business incubation center began.
Carrier Hotel is a data center that provides businesses (both big and SMEs) a space with access to electricity and a cooling system where they can store their network equipment and servers. According to Togolese authorities, the infrastructure is a tool that perfectly responds to the...
Over the past 11 months, Togo’s government paid back to private firms CFA55 billion of arrears it owed them. According to the authorities, this aligns with a huge domestic debt clearance program.
The program’s primary goal is to increase private sector’s investment capacity as the sector is the driver of the national development plan (PND). Indeed, private sector should contribute 65% of...
On Monday, December 3, Togo officially joined the Africa Finance Corporation (AFC), a multilateral institution that finances infrastructure development in Africa.
The nation is the twentieth across the whole continent to join the organization. In West Africa however, it is the twelfth and comes after Nigeria, Guinea Bissau, Ghana, Sierra Leone, Gambia, Liberia, Guinea, Chad, Cabo Verde, Benin...