Thursday, April 19, 2018
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Economy

Massive Smuggling Of Imported Sugar Paralyses SOSUCAM

By Nformi Sonde Kinsai As much as 45,000 tons of sugar produced by Cameroon’s leading agro-industry, Societé Sucriére du Cameroun, SOSUCAM, are now stock-piling in their warehouses with no market outlet due to the massive and illicit smuggling of foreign sugar into the country. The Directors of SOSUCAM came to terms with the disturbing situation, which is threatening the ...Full Article

Where Is FCFA 2.5 Billion Buea Central Market?

By Isidore Abah The most parroted Buea Council multi-billion market project which was to be executed under the stewardship of Mayor Patrick Ekema Esunge is today drowning in hoaxes ...Full Article

Inflation Looms As Gov’t Increases In Taxes

* Douala Seaport Witnesses 200% Tax Increase * Airports 150% By Joe DingaPefok There is growing fear in Cameroon, especially among the impoverished masses that 2018 willbe an economically ...Full Article

For Respecting Ghost Town: Buea Council Seals MTN, Orange, NEXTTEL Premises

By Joshua Boanong, *Beatrice Tipa, *Patience Taku & *Geraldine Lyonga The Buea Council has placed a seal on the offices of MTN Cameroon, NEXTTEL and Orange Cameroon branch offices ...Full Article

CEMAC Sub-Region: Integration By IMF’s Economic Horse Whip

By Yerima Kini Nsom From the geneses, integration in the Central African Economic and Monetary Community, CEMAC, has remained in the jaws of procrastination. Lack of political will by ...Full Article

Gov’t Cracks Down On Illicit Goods Into Northwest

*Drugs Worth Hundreds Of Millions Seized By Chris Mbunwe Volumes of dangerous illicit drugs and consumables of all sorts have been intercepted by the bureau of the Northwest Sector ...Full Article

Biya Orders 10,000 Ghost Workers’ Heads To Roll

By Yerima Kini Nsom President Paul Biya has ordered Government to unmask and dislodge over 10,000 ghost workers and fake pensioners. These workers have been cheating the State by ...Full Article

Central Africa Sub-region Wants Better EPA Terms

By Joe Dinga Pefok Some member states of the Central Africa sub-region that resisted signing the Economic Partnership Agreement, EPA, with the European Union, EU, now say they are ...Full Article

2017 Finance Law Designed To Promote Socio-Economic Development

By Nformi Sonde Kinsai The 2017 finance law has been designed to promote socio-economic development through tax clemencies in some key sectors touching directly on the lives of Cameroonians. ...Full Article

Economy Losing Billions Due To Anglophone Crisis

By Joe Dinga Pefok A survey carried out by the French language daily ‘Le Quotidien de l’economie’ has shown that Cameroon’s economy is losing billons due to the ongoing ...Full Article
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