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Port autonome de Kribi (PAK) has just launched a call for expression of interest to pre-qualify the companies that are willing to operate the multipurpose terminal of Kribi deepwater port.
Cameroon’s government thus restarts the process it concluded in August 2015 by choosing the group formed by Necotrans and Kribi Port’s Multi Opérators (KPMO) which is a consortium formed by many local companies.
Indeed, due to financial difficulties, Necotrans was unable to fulfill its commitments in the framework of this concession and in January 2018, the country officially declared that company’s default.
MTN Group Ltd on Thursday March 9, said it is considering investing in countries such as Cameroon, classified by the group as “conflict markets.
In a recent review on its markets across Africa and the Middle East, the mobile-phone company states that is doing a spring clean of its empire in these countries.
According to the Group Chief Financial Officer, Ralph Mupita, the company plans to take “appropriate action” if any of these countries are not cash-flow positive.
Regarding Cameroon, Mupita said MTN received a $6.6 million fine from Cameroon’s telecommunications regulator and a one-year reduction in its license term for allegedly not complying with spectrum and subscriber registration regulations.
Mupita also revealed that the company was also ordered to disconnect 3 million subscribers.“It’s a big priority to resolve this in the near term,” Mupita said. “If it’s not resolvable, then it’s not resolvable. We want to find an amicable resolution to stay.
Cameroon’s government, it would be recalled, had exhorted mobile companies including MTN, to cut internet from subscribers, in an attempt to douse protests from English speaking Cameroonians. Despite pressures from rights groups and international organisations against the ban, government remained adamant.
Government’s shutdown of internet in English speaking Cameroon had made life extremely difficult for millions of people in the country. Citizens in dire need of internet connectivity were forced beyond endurance to hunt for the high-tech communication technology in neighbouring cities making them to be tagged as internet refugees. The Internet blackout did not only slow down businesses but shut them out with associated heavy financial losses
A coalition of rights groups monitoring internet outage recently disclosed that Cameroon lost over $2.69 million during the internet shutdown.
Internet in Anglophone Cameroon, was partially restored on April 20, 2017, after three months blackout.
MTN Cameroon FY revenue falls due to lower subscriber base
MTN Cameroon’s total revenue in 2017 decreased by 6.6 percent on an organic basis to ZAR 5.38 billion, hit by the lower subscriber base and offset by 21.1 percent growth in data and a 27.4 percent rise in digital revenue. MTN still experienced a challenging operating environment, following the data shutdown and a slowdown in economic activity, which had a material impact on subscriber and revenue growth in the year.
The business suffered a number of operational challenges, too. The subscriber base closed the year at 7.1 million, after the disconnection of approximately 3.0 million subscribers in early October 2017 to comply with regulatory requirements on subscriber registration. The company had stated 9.45 million subscribers on 30 September and 9.87 million at end-2016.
Active Mobile Money customers increased 194.2 percent to 1.1 million, with revenue up 767 percent year-on-year
By Elah Geofrey with additional reports from Journal du Cameroon
Cameroon: Ministerial conference holding today, 15th of March,2018.
It's the first ministerial conference since the last ministerial appointment and cabinet reshuffle.
It must be noted that the last cabinet reshuffle took place on the 2nd of March,2018.
President Paul Biya shall be meeting the entire cabinet of ministers at the Presidential Palace at Etoudi.
Invited to this cabinet meeting are the following according to their ministerial rankings:
The Prime Minister
Vice Prime Minister.
Ministers of state.
Minister Delegate and secretary of States.
The meeting is scheduled for 11am and shall entirely dwell on " The special Presidential press release, being the lone agenda."
It's worth noting that the last cabinet meeting, held on the 15th of October 2015,shortly after after the previous cabinet reshuffle of 2nd October, 2015.
During this cabinet meeting, President Paul Biya overwhelmingly prescribed to the ministers " The acceleration of work towards the very highly awaited African Nations cup tournaments for both women,scheduled for 2016 and Men, schedule for 2019."
Today's cabinet meeting shall be the first cabinet meeting for those newly appointed ministers.
Those newly appointed members of government are Joseph Le, Gaston Eloundu Essomba, Elanga Obam George, Paul Tasong and Nalova Lyonga.
At the end of a meeting between Paul Biya and the Chinese ambassador to Cameroon, Wei Wenhua, (on March 13, 2018, in Yaoundé) it was revealed that Xi Jinping, China’s president, has invited his Cameroonian peer for a state visit in China. This will be organized in the next few days, the presidency commented.
« This new visit will highlight the good relations between China and Cameroon. It also occurs at a crucial time for China due particularly to the 13th National People’s Congress during which the country’s leadership was renewed », it added. It further disclosed that Paul Biya would be one of the first African heads of state to meet China’s newly chosen officials.
For the record, Paul Biya’s last visit to China dates back to 2011.As far as China-Cameroon relations is concerned, it dates back to 1971 and by end 2017, this country had supported Cameroon with CFA3,000 billion. These supports were namely loans and grants through various funders such as Export-Import Bank Of China, Industrial and Commercial Bank Of China, Bank Of China…etc.
The Gendarmerie elements of the Adamawa Region of the Northern region of Cameroon had seized this huge package of fuel on the night of 2nd and 3rd of March,2018.
LA liga, the Spanish Professional Football league and the Cameroon Professional Football league have signed a partnership contract aimed at improving the game in Cameroon. This collaboration shall be enhanced as well as conjointly carried out for mutual understanding and benefits.
The partnership contract was made public on Monday the 12th of March,2018, at the Headquarters of the Spanish football Institute, cum Spanish Football Federation. This contract was cosigned by Tebas, the President of the Spanish Football Federation and Pierre Semengue, the President of the Cameroon Professional Football League.
On the basis of this contract, the Spanish League shall play the role of technical advisers to their Cameroonian counterpart on different matters concerning the efficient and effective management of this sporting discipline. This advice shall be in the domain of raising finances through the sourcing of vibrant sponsors, marketing, corporate social responsibility,conception and actualization of sports infrastructure and security at sports complexes.
On other hand, the Spanish football league, LA liga shall benefit in the sourcing of raw talent by understanding the youthful exuberant football enthusiasts and the attitude as well as behavior of football fans in Cameroon.