{"id":466379,"date":"2019-07-10T13:20:41","date_gmt":"2019-07-10T12:20:41","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=466379"},"modified":"2019-07-10T13:20:41","modified_gmt":"2019-07-10T12:20:41","slug":"cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/07\/10\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\/","title":{"rendered":"Cameroon: ASAC calls for the removal of VAT on life and health insurance"},"content":{"rendered":"<p>The Association of Insurance Companies of Cameroon (ASAC) has appealed to the government on the need to remove the Value Added Tax (VAT) applied to life and health insurance. Cameroonian insurers are concerned about the application of VAT on life and health insurance while the penetration rate remains marginal in the country, with barely 2%... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2019%2F07%2F10%2Fcameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>The Association of Insurance Companies of Cameroon (ASAC) has appealed to the government on the need to remove the Value Added Tax (VAT) applied to life and health insurance. Cameroonian insurers are concerned about the application of VAT on life and health insurance while the penetration rate remains marginal in the country, with barely 2%&#8230;... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2019%2F07%2F10%2Fcameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":536755,"featured_media":466383,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12000,12591,11996,12038],"tags":[16121,12599],"class_list":{"0":"post-466379","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-banks-insurance","8":"category-feature","9":"category-finance-en","10":"category-premium-en","11":"tag-asac","12":"tag-cameroon-en","13":"post_format-post-format-aside","14":"pmpro-level-required","15":"pmpro-level-1","16":"pmpro-level-3","17":"pmpro-level-4","18":"pmpro-level-5","19":"pmpro-level-6","20":"pmpro-level-7","21":"pmpro-no-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cameroon: ASAC calls for the removal of VAT on life and health insurance - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2019\/07\/10\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-10T12:20:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2019\/07\/Moulong-Ge\u0301rard-696x398.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"398\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Achille Mbog Pibasso\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Achille Mbog Pibasso\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/07\\\/10\\\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/07\\\/10\\\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\\\/\"},\"author\":{\"name\":\"Achille Mbog Pibasso\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/8d132772bfae769afd28ca776bc57f28\"},\"headline\":\"Cameroon: ASAC calls for the removal of VAT on life and health insurance\",\"datePublished\":\"2019-07-10T12:20:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/07\\\/10\\\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\\\/\"},\"wordCount\":240,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/07\\\/10\\\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/Moulong-Ge\u0301rard-696x398.jpg\",\"keywords\":[\"ASAC\",\"Cameroon\"],\"articleSection\":[\"Banks &amp; Insurance\",\"Featured\",\"Finance\",\"Premium\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/07\\\/10\\\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/07\\\/10\\\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/07\\\/10\\\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\\\/\",\"name\":\"Cameroon: ASAC calls for the removal of VAT on life and health insurance - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/07\\\/10\\\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/07\\\/10\\\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/Moulong-Ge\u0301rard-696x398.jpg\",\"datePublished\":\"2019-07-10T12:20:41+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.financialafrik.com\/en\/2019\/07\/10\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.financialafrik.com\/en\/2019\/07\/10\/cameroon-asac-calls-for-the-removal-of-vat-on-life-and-health-insurance\/#primaryimage","url":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2019\/07\/Moulong-Ge\u0301rard-696x398.jpg","contentUrl":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2019\/07\/Moulong-Ge\u0301rard-696x398.jpg","width":696,"height":398,"caption":"Th\u00e9ophile G\u00e9rard Moulong, General Manager of Saham Assurances, President of the Association of Insurance Companies of Cameroon (ASAC)."},{"@type":"WebSite","@id":"https:\/\/www.financialafrik.com\/en\/#website","url":"https:\/\/www.financialafrik.com\/en\/","name":"Kapital Afrik","description":"All African finance","publisher":{"@id":"https:\/\/www.financialafrik.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.financialafrik.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.financialafrik.com\/en\/#organization","name":"Kapital Afrik | All African finance","url":"https:\/\/www.financialafrik.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.financialafrik.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.kapitalafrik.com\/wp-content\/uploads\/2020\/06\/logo-430x76-kapital-afrik-.png","contentUrl":"https:\/\/www.kapitalafrik.com\/wp-content\/uploads\/2020\/06\/logo-430x76-kapital-afrik-.png","width":1740,"height":266,"caption":"Kapital Afrik | All African finance"},"image":{"@id":"https:\/\/www.financialafrik.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/FinancialAfrik\/","https:\/\/x.com\/Financialafrik","https:\/\/www.instagram.com\/financialafrikbusiness\/","https:\/\/www.linkedin.com\/in\/financial-afrik\/","https:\/\/www.youtube.com\/channel\/UCSeoXcgLHLSVaKqMP7cQaJQ\/"]},{"@type":"Person","@id":"https:\/\/www.financialafrik.com\/en\/#\/schema\/person\/8d132772bfae769afd28ca776bc57f28","name":"Achille Mbog Pibasso","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9ebf28a87c8a36159a9f60122ae4848ce02560334360610d27c25bf948f25c3b?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9ebf28a87c8a36159a9f60122ae4848ce02560334360610d27c25bf948f25c3b?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9ebf28a87c8a36159a9f60122ae4848ce02560334360610d27c25bf948f25c3b?s=96&d=blank&r=g","caption":"Achille Mbog Pibasso"},"url":"https:\/\/www.financialafrik.com\/en\/author\/achille-mbog-pibasso\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2019\/07\/Moulong-Ge\u0301rard-696x398.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/posts\/466379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/users\/536755"}],"replies":[{"embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/comments?post=466379"}],"version-history":[{"count":0,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/posts\/466379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/media\/466383"}],"wp:attachment":[{"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/media?parent=466379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/categories?post=466379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/tags?post=466379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}