Is the CEMAC Buyers Permit Real or scam
A Cemac Buyer’s Permit is required for anyone looking forward to buying Gold, Diamond or other valuable minerals from any CEMAC Country. This includes Cameroon.Buyers currently residing in Cameroon can apply for a Cemac Buyer’s Permit in person at the Ministry of Mines, Industries and Technological Development at the Ministerial Building, Yaounde.
If you are not currently in Cameroon, obtaining the Cemac Buyer’s Permit won’t be a problem at all since you can do it directly online.The Cemac Buyer’s Permit is valid for a period of five (5) years.The primary purpose of the Cemac Buyer’s Permit issued by the Ministry of Mines is to authenticate the buyer and give him/her the legal right to purchase gold and other minerals in Cameroon. No authorised seller is permitted to sell to anyone who does not hold a valid Cemac Buyer’s Permit.
In the year 1999, member states of the Economic and Monetary Community of Central Africa (CEMAC) comprised of Cameroon, Chad, Republic of the Congo, Gabon and Equatorial Guinea. The CEMAC is a customs union with a central bank, the Bank Of Central African States (BEAC).
The CEMAC is a customs union with a central bank, the Bank Of Central African States (BEAC). The member states of the Economic and Monetary Community of Central Africa (CEMAC) comprised of Cameroon, Chad, Republic of the Congo, Gabon and Equatorial Guinea.
In 1999, these five countries signed a treaty to establish this economic and monetary community. The agreement gives each member state exclusive control over its fiscal policy but they share a common currency called the CFA franc issued by BEAC in denominations of 500 CFA francs to 50 000 CFA francs. Each country in this union issues their own coins and notes denominated in that same currency.
The purpose of this Union has been to create a common currency for these central African states that is not pegged against the dollar or Euro. The single currency is called CFA Franc and its value is 1.7 francs for 1 USD dollar equivalent.
The Central African Economic and Monetary Union (CEMAC) is a regional organization of seven states in central Africa. These states are: Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guinea, Gabon and Sao Tome & Principe.
The purpose of this Union has been to create a common currency for these central African states that is not pegged against the dollar or Euro. The single currency is called CFA Franc and its value is 1.7 francs for 1 USD dollar equivalent. The CFA Franc was created by France in 1945 when it divided its colonies into two zones; one French West Africa (AOF) and another French Equatorial Africa (AEF).
In 1958, the AEF was given their own central bank which issued currency on behalf of all five countries within it but maintained exchange rates with France at 100 CFA francs per French franc until 1961 when France devalued its currency relative to theirs by 20%. This led to unrest among workers who felt they were being cheated out of their wages due to inflation caused by devaluation of the new currency being issued outside their country’s borders while holding onto old bills that retained their original value despite changes elsewhere around them
The CFA (Communaute Financiere Africaine) comes in coins and banknotes in denominations of 1, 2, 5 and 10. There are also 20, 50 and 100 CFA coins available.
The CFA franc is issued in coins and banknotes. The coins are in denominations of 1, 2, 5 and 10. Banknotes are available in denominations of 20, 50, 100 and 200 CFA francs that can be used to make payments within the African Economic Community (AEC). There are no banknotes printed on paper as these notes are not accepted by merchants who accept credit cards.
CEMAC PERMITS
Any application for the grant of a mining title, authorization, permit or approval of a transaction shall be addressed to the Minister in charge of mines in triplicate, including one original stamp at the rate in force. The following documents shall be appended to the application:
Is the CEMAC Buyers Permit Real or a scam
Does a gold buyer from the USA, Europe, Australia, Asia, and Africa need a Cemac permit buyer’s license to import Gold to His or her country? Yes, you need this permit license from the Ministry of Mines Gold Permit in Cameroon. Always make sure to Avoid Cemac permit Fraud from a fake website claiming to supply Gold. You can as well order Cemac Buyer’s Permit for Gold from bonasgold.net with brinks shipping to your location. Is the CEMAC Buyers Permit Real or a scam? Cemac buyers permit is real and also a scam depending on who you decide to purchase from. There are many Genuine Cemac permit licenses in Cameroon sellers who are in Direct contact with the Ministry of Mines in Cameroon. Email us for assistance, there are alot of fraudulent website online, we can help you get real cemac permit and we will supply you the gold you want to buy from 50 kg to 1000 kg and more email us now on [email protected]
