13, October 2016
Camair-Co crisis deepens as Transport Minister snubs Board Chair Mefiro Oumarou 0
Transport Minister, Edgar Alain Mebe Ngo’o, and his new corporate executive staffs of Camair-Co met on Wednesday, October 12, 2016 in Yaounde with officials of the Audit Consulting firm Boeing. Amid tension with the new board chair of the airline company, Mefiro Oumarou, the transport minister reportedly told the Americans that President Biya has chosen Boeing and that the plan developed by Boeing has already been validated and stressed that the new Camair- Co leaders should rally behind Boeing as soon as possible and move towards the implementation phase.
Edgar Alain Mebe Ngo’o did announce the release of part of the funding needed to redress the airline company. Said the minister, “I am able to tell you that FCFA 30 billion is already available for Boeing to accompany Camair-Co in the implementation of this plan.”
The hard-line position adopted by Minister Edgar Alain Mebe Ngo’o has openly contradicted statements released by the President of the Board of Camair-Co, Mefiro Oumarou. Mefiro recently opined that there was need to put aside the recovery plan submitted to the President of the Republic by Boeing Consulting.
The Boeing plan hinted our informant in Yaounde will allow Camair-Co to fly to 27 destinations: 9 domestic, 13 regional and 5 intercontinental. There is a proposal to acquire new aircrafts over a period of five years by 2020. Boeing also requested the Cameroonian government to inject 60 billion FCFA in the computerization of the company and building sheds.
Culled from Cameroon Intelligence Report
13, October 2016
Biya regime told to complete the construction of the Kumba-Mamfe road 0
The Economic Community of Central African States (ECCAS) has issued licenses to 23 enterprises doing business in Cameroon to export products tax-free to the ECCAS member countries.
The representatives of the 23 enterprises were handed over their licenses in a ceremony chaired by the Minister of Trade, Luc Magloire Mbarga Antangana.
Minister Luc Magloire Mbarga Atangana said the licenses are proof of government’s will to strengthen the private sector and reinforce sub regional integration.
The permits will enable the enterprises reach a larger market of about 160 million customers, improve the quality of products through competition and account for a turnover of about 408 billion FCFA.
The representatives for their part called on the Cameroon government to complete the construction of the Kumba – Mamfe road so as to improve business between Cameroon and neighbouring Nigeria.
CRTV