Monday, July 22, 2019

Anglophone Crisis: 11,000 CDC workers lost their jobs

Some 11,000 people have already lost their jobs at the Cameroon Development Corporation (CDC) because of the socio-political crisis in the English-speaking regions of North West and South West.

These lost jobs represent 50% of the workforce of this public company, which, with 22,000 employees, is the second largest employer in the country after the state.

The situation is “catastrophic”, said the general management after a working session with staff representatives.

The company is running at less than 10% of its capacity, with a turnover of only 2.5 billion FCFA out of more than 60 billion FCFA of turnover before the crisis.

In addition, some agents have 12 months of salary arrears, while 60 employees have already been killed because of this social insecurity.

According to internal sources, it is currently 9.3 billion FCFA to pay arrears.

Because of the social crisis in the English-speaking regions, the CDC, whose main plantations are in the South-West region, is threatened by bankruptcy, the company that produces, among other things, rubber, banana and palm oil has not exported anything for a year.

SourceAPA

Stay Connected

16,544FansLike
22FollowersFollow
0FollowersFollow
408FollowersFollow

Latest News

Cameroun: Crises au Cameroun – Les monarques sortent du bois

Par Alain Ndanga Sous le très haut patronage du Président de la République du Cameroun, les chefs traditionnels des 10 régions du pays ont lancé...

Paul Biya n’a pas été chassé de Suisse – Pietro Lazzeri

Le diplomate suisse souligne que son pays ne peut éconduire un Chef de l’État. Pietro Lazzeri, l’ambassadeur de Suisse au Cameroun, a affirmé que le...