8, May 2024
FECAFOOT Crisis: Eto’o refuses to sign contract of government-appointed coach 0
Trouble is brewing in Cameroon after FECAFOOT boss Samuel Eto’o refused to sign the contract of Belgian coach Marc Brys who was imposed of the federation by the country’s President.
The standoff between Cameroon FA president Samuel Eto’o and the government over the appointment of Indomitable Lions coach Marc Brys continues to escalate.
Belgian coach Marc Brys was appointed by Cameroon President Paul Biya following recommendation by the country’s Sports Ministry with FECAFOOT, the country’s football association which is led by legendary striker Eto’o, not involved.
Biya made it clear that he will be the one to decide who will coach Cameroon following the departure of Rigobert Song but that did not go down well with Eto’o and his team who feel they should be the ones making that decision.
The Sports Ministry went ahead and headhunted Brys, alongside two assistants Joachim Mununga and Giannis Xilouris, who were allocated a monthly budget of €40,000 for their salaries, on a two-year contract.
However, Eto’o and his team rejected the move and even failed to attend the coach’s unveiling. FECAFOOT have also refused to complete the formalities required to allow the tactician to begin his work, leading to a standoff.
“I have read somewhere that I have not signed a contract,” Brys told the media as per Kick442 regarding reports that FECAFOOT have not signed his deal.
“But I do have one! I am open to discussion, attentive, positive, but the locker room is the place of the coach, his technical staff and the players, and into which neither the Sports Ministry nor FECAFOOT enters.”
Brys still hopes to meet Eto’o and his team and thrash out the contentious issues.
“I am ready to work with the federation and its president, in the interest of the national team and the country. I hope to meet him [Eto’o], like I said before. But I’m not the type to chase people, because I have to focus on the team and players for the next games,” he added.
Even with the standoff, Brys has continued to meet players whom he intends to integrate in the squad with Cameroon set to face Cape Verde and Angola in the 2026 FIFA World Cup qualifiers in June.
The Indomitable Lions lead Group D with four points same as Cape Verde and Libya while Angola have two, Mauritius one and Eswatini are pointless.
Source: Pursesports.co
8, May 2024
il y avait quoi avant: Camair-Co continues to buckle under debt pile 0
Camair-Co continues to face a debt burden of XAF124 billion Central African francs (USD203.7 million), making it the second most indebted state-owned enterprise in Cameroon, according to the country’s latest monthly public debt review.
Released on April 25, the report by Cameroon’s public debt management committee (Comité National de la Dette Publique – CNDP) and national debt recovery fund (Caisse Autonome d’Amortissement – CAA), viewed by ch-aviation, reveals that Camair-Co carried XAF62.4 billion (USD102.5 million) in domestic debt and XAF61.6 billion (USD101.2 million) in external debt by March 31, 2024. The highest debt, of XAF652 billion (USD1 billion), is shouldered by national oil refinery Société Nationale de Raffinage (Sonara).
Unprofitable since its incorporation in 2006, the technically bankrupt national carrier was among four state-owned enterprises that were placed under performance contracts in 2023 as part of government efforts to improve the viability of public enterprises under the supervision of the International Monetary Fund (IMF). The government of Cameroon is currently implementing a USD689.5 million Economic and Financial Programme for 2021-2024 supported by the IMF’s Extended Credit Facility (ECF) and Extended Fund Facility (EFF).
The financial strain on the fiscus has led to discussions of privatisation. The possibility of listing Camair-Co was mentioned in a report last year by a technical committee tasked with rehabilitating state-owned enterprises (SOEs). In 2020, President Paul Biya instructed the government to develop a restructuring plan to revive the carrier and sell 51% to a strategic private investor. However, the state-run enterprises rehabilitation commission (Commission Technique de Réhabilitation des Entreprises du Secteur Public – CTR) emphasised that before any divestment Camair must clean up its balance sheet and improve its financial standing. Efforts to address this include a restructuring and revitalisation plan, supported by the presidency since September 2020.
Meanwhile, the airline is wet-leasing three Embraer jets to resume regional routes later this month, to Cotonou Cadjehoun in Benin and Pointe Noire and Brazzaville in Congo.
Source: ch-aviation