Following the total shutdown of internet
connection in the entire North West and South West Regions, it has emerged that
commercial banks and micro-finance institutions have been the most affected by
the blackout.
Internet
connectivity in the two Anglophone Regions was suspended since Tuesday January
17, and the network is yet to be restored by Government that shut it down.
Against
this backdrop, financial transactions within and outside these two Anglophone
regions are witnessing serious setback.
An
official of a micro-finance institution in Kumba who gave his name only as
Neba, said they have incurred enormous financial losses due to the internet
disconnection.
“Wiring
of money which is our main source of income is not effective due to the
internet shutdown…We virtually come and spend the whole day here without doing
anything due to the blackout,” he said.
A
Buea resident who pleaded for anonymity cursed the government over the
development. The resident said he tried to deposit some money into Ecobank
account for two consecutive days to no avail. “I finally had to travel right to
Douala to effect the transaction but it was too late as I could not beat the
deadline. I had to pay a penalty of 30,000 FCFA. What a terrible situation,”
the resident lamented.
Pic
Ecobank
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