Business Archives - Page 2 of 8

Also, Does The 2019 Presidential Decree To Reorganize The Port Authority of Douala (PAD), Which Gives PAD Powers To Negotiate And Sign Concessions Agreements, Also Gives The General Manager of PAD, CYRUS NGO’O, The Authority To Be Able To Cancel A Contract That Was Signed By The Gov’t? This Is The Main Question In The […]

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The GM Of Port Authority Of Douala, CYRUS NGO’O, Backed By The SG At The Presidency, NGOH NGOH, Is Bent On Ending A Contract Gov’t Signed With Swiss Company, SGS, To Replace The Company With Transatlantic D. Finance Minister, MOTAZE, Has Expressed Worry That Cameroon Has Been Losing Huge Sums Of Money, In Payment Of […]

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Barely One Month And Five Days Into Retirement, NCHECHUMA BANLA, Who Last Served As Director of Human Resources At The Port Authority of Douala ( PAD), Was On December 23, 2025 Appointed By The Board of Directors Of PAD, As Director Delegate Of The Dredging Management Unit, One of The Corporation’s Subsidiary Companies. NCHECHUMA BANLA […]

Prof ALBERT ONDO OSSA, Candidate Of Opposition Coalition, ‘Alternative 2023’, Won The Presidential Election. But The BONGO Regime Stole The Victory. The Military, Led By General OLIGUI NGUEMA, Cousin Of President ALI BONGO, Intervened, And The Regime Fell. Former First Lady, SYLVIA BONGO, Was Placed Under House Arrest, In Connection To Embezzlement Of Public Funds. […]

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On July 14, 2023, It Was Announced That STANDARD CHARTERED BANK Of The United Kingdom, Had Entered A Sale Agreement With ACCESS BANK Of Nigeria, For The Latter To Takeover Some Subsidiaries of The Former In Africa, Which Included STANDARD CHARTERED BANK CAMEROON. Last Year, Gov’t Expressed Concern Over, “Lack Of Clarity In The Transaction”. […]

Despite Suffering From Severe Stroke In 2018 Which Rendered Him Partly Incapacitated, President BONGO, Would Not Leave Office. First Lady, SYLVIA BONGO, And Eldest Son, NOUREDDIN, Took Advantage Of President BONGO’s Situation, To Fraudulently Use His Name To Embezzle Hundreds of Billions FCFA From The State, With The Complicity Of The Director Of Cabinet. LACCRUCHE […]

Last Year, The Coming Of AFRICA GLOBAL BANK Of Cameroonian Business Magnate, SAMUEL FOYOU, Raised The Number Of Commercial Banks in Cameroon To 19. But With The Official Takeover Of STANDARD CHARTERED BANK Cameroon By ACCES BANK On Dec. 5, 2025, The Number Of Commercial Banks In The Country Has Dropped Back To 18. (List […]

The 800 Billion FCFA Debt Include 500 Billion FCFA Owed To Contractors, Including Suppliers. Part of Debt Is Money That ENEO, Under The Management Of ACTIS, Borrowed From Banks. Worse Still, ENEO Cameroon Loses 60 Billion FCFA A Month To Fraud. The Mission Of SONEL That Was Created In 1974, And Became AES SONEL In […]

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Unlike In The Days Of SONEL, Some Multinational Companies Have Today Joined The State In The Energy Production Sector In Cameroon. New Power Plants Have Been Constructed. In The Early 2000s, Less Than 1000 MW of Energy Was Produced And Distributed By SONEL. Today, The Total Capacity of Energy Plants, That Supply Energy To ENEO […]

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BOCHONG EL HADJ LAWAN BAKO Signed For SNH, While ABAKAR HAMAD Signed For BGFI Cameroun CSTAR Is A Joint Venture (SNH, TRADEX, ARIANA Energy, and RCG Consortium). The Ultramodern CSTAR Refinery With A Production Capacity Of 50,000 Barrels A Day, Will Start With A Daily Production Of 30,000 Barrels, And Will Provide 2,000 Direct And […]

Category: Business

Crisis At The Douala Port (Part 2): Why Is It That The 10 Year Contract That Gov’t Signed With SGS In 2015, Will Instead End In 2032?

The Crisis At Douala Port (Part 1): The Crisis Is Caused By A Deal Struck For Transatlantic D Which Operates At Kribi Port, To Replace SGS At Douala Port.

Veteran Journalist And Management Expert, NCHECHUMA PIUS BANLA, Bounces Back Through Another Big Appointment At Douala Port

Embezzlement Scandal At Gabon’s Presidency (Part 2): Though In Bad Shape, President ALI BONGO Still Declared His Candidacy For The August 26, 2023 Presidential Election

STANDARD CHARTERED BANK CAMEROON Has Been Officially Transferred To ACCESS BANK, Ending A Transition Process Which Started In July 2023.

Embezzlement Scandal At Gabon’s Presidency (Part 1): President ALI BONGO, Married To A French Lady, Appointed French Man, BRICE LACCRUCHE ALIHANGA, As Director Of Cabinet

The Number Of Commercial Banks In Cameroon, Which Last Year Rose To 19, Has Dropped Back To 18

Cameroon To Pay ACTIS 87 Billion FCFA To Take Over Its 51 % Shares In ENEO, While ACTIS Is Leaving Behind ENEO With A Colossal Debt Of 800 Billion FCFA

Director Of Electricity At MINEE, Admits That The Takeover Of ENEO Cameroon By The State, Does Not Mean An End To LOAD SHEDDING

SNH Strikes A Loan Agreement Deal Of $ 210 Million (118.2 Billion FCFA) With BGFI, For The Funding Of CSTAR Oil Refinery Project In Kribi

Part 6: Within 3 Years, COBAC Has Temporarily Withdrawn The Licenses Of Over 70 Microfinance Institutions In Crisis, Due To Bad Governance.

Former State Inspector At Supreme State Audit, HALIDOU BELLO, Says From Experience, The Fight Against Corruption In Cameroon, Is A Complicated Issue

20th May Celebration: Several Administrative Authorities Again Defied Warning By MINAT Boss, To Stop Illegal Collection Of Funds For National Day Celebration

CCIMA’s Secretary General Asserts That The 207 National, And International Awards, That NICO HALLE Has Received, Bring Honour To The Country.

Sir Dr Barrister NICO HALLE Receives Distinction As “MOST CELEBRATED, UNWAVERING PEACE CRUSADER, AND ANTI CORRUPTION CHAMPION OF THE DECADE”.

2026 World Press Freedom Day: ‘FREEDOM WITHOUT RESPONSIBILTY, IS A RISK WE CANNOT AFFORD”, Prof WILLIBROAD DZE – NGWA