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Yaoundé - 18 November 2019 -

CDC still expecting remaining XAF9 bln of promised XAF13 bln to pay salary arrears 

CDC still expecting remaining XAF9 bln of promised XAF13 bln to pay salary arrears 
  • Comments   -   Thursday, 11 July 2019 13:59

(Business in Cameroon) - In June 2019, Cameroon authorized XAF13 billion to be provided to CDC to help it pay its salary arrears.

Till July 5, 2019, CDC, the agribusiness confronted with various difficulties due to the Anglophone crisis, received only XAF3.7 billion. A little more than XAF9 billion is thus still expected.

Officially, the 22,000 workers employed by CDC, most of whom have been forced into technical unemployment due to violence perpetrated by separatists, demand between nine and twelve months of arrears.

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