Browsing: BUSINESS

PAD Chooses Fakoship to carry out  docking activities in Douala-Bonaberi port

BY NDUMBE BELL JOSEPH GASTON IN DOUALA The Douala Ports Authority (PAD) driven by Cyrus Ngo’o and the Fako Shipping and transport Company driven by Charles Namme Menyoli have signed an agreement authorising Fakoship to carry


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Aliko Dangote remains number one richest man in Africa according to Forbes magazine

BY NDUMBE BELL JOSEPH GASTON IN DOUALA According to a study conducted by the internationally-reputed Forbes Magazine in their January 2021 edition, the Nigerian businessman Aliko Dangote, with one of his subsidiaries in Cameroon, remains the


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Kribi gets first assembly unit for  construction machinery in Central Africa

By Doh James Sonkey The Minister of Public Works, Emmanuel Nganou Djoumessi officially inaugurated last January 23, 2021 in Kribi, Ocean Division in the South region, the first ever Civil Engineering and Mate-rial Assembly Unit in


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Batongue bids bye to GICAM as Aline Valerie Mbono steps in as Executive Director

BY NDUMBE BELL GASTON JOSEPH IN DOUALA The Executive Secretary of GICAM has resigned after serving the employer’s association for nine years. Alain Blaise Batongue tendered his resignation letter on January 15, 2021 to Celestin Tawamba


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BEAC urged to encourage Cameroon  commercial banks to grant credits to SMEs

By Doh James Sonkey The Bank of Central African States, BEAC, through the Banking Commission in Central Africa (COBAC) has been urged to encourage commercial banks in Cameroon to grant credits to indi-viduals and Small and


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MTN Cameroon subscribers now use moneygram transfers

BY NDUMBE BELL JOSEPH GASTON IN DOUALA A platform to facilitate money transfers via MoneyGram directly into the account of subscribers with MTN Momo has been made possible through a synergy between the two partners. The


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Tony Elumelu Foundation demands young SMEs to apply for 2021 program

BY NDUMBE BELL JOSEPH GASTON IN DOUALA Reliable sources say Africa’s largest entrepreneurial philanthropy the Tony Elumelu Foundation (TEF) is soon expected to choose up to 1,000 young entrepreneurs to address the challenges of the on-going


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Nestlé Cameroon recycles 100 tons of plastic waste in 2020

BY NDUMBE BELL GASTON Nestlé Cameroon in line with the group’s April 2018 commitment to reduce plastic pollution and to make 100% of its plastic wastes or packaging recyclable or reusable by 2025, is said to


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Why Biya deferred end-user recovery of phone tax

BY ATIA TILARIOUS AZOHNWI The planned implementation of a tax drive on mobile telephones and other electronic gadgets in the country has been deferred, a decision attributable to President Paul Biya said on October 19. The


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MINHDU highlights recommendations to realise efficient housing programme

BY NDUMBE BELL GASTON After the national celebration of World Habitat Day which culminated in a prize award ceremony of the cleanest city in the nation, presided over by the Minister of Housing and Urban Development,


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