logoBC
Yaoundé - 20 February 2020 -
Agro-industry

Semry produced 8,000 tons more rice than expected in 2018, despite financial strains

Semry produced 8,000 tons more rice than expected in 2018, despite financial strains
  • Comments   -   Tuesday, 07 May 2019 15:04

(Business in Cameroon) - Cameroon’s rice development firm in the northern region (Semry) ended 2018 with a paddy rice production of 80,000 tons, up 8,000 tons from the 72,000 tons forecasted earlier in the year. Figures were disclosed May 4 in Ngaoundere during the official launching ceremony of the 2019 agriculture campaign in the northern regions.

Company managers said this increase is welcome, in a difficult context marked by financial pressures. Indeed, Semry owes employees between five and six months’ salary arrears; a situation due to delay in government subsidy granted to the company.

BRM

cameroon-sabc-announces-consolidated-net-profit-of-xaf16-bln-down-34-yoy-in-2019
Société Anonyme des Brasseries du Cameroun (SABC), a subsidiary of the French group Castel, indicates it recorded a consolidated net profit of about XAF16...
international-women-s-day-2020-cicam-announces-possible-shortage-of-commemorative-loincloth
This year, there could be a shortage of the loincloth produced for the International Women's Day of March 8. Indeed, in an interview published on February...
cameroon-bacm-announces-xaf7-1-bln-of-provisional-net-result-17-up-yoy-in-2019
Banque Atlantique Cameroun (BACM) informs that it achieved a provisional net result of XAF7.1 billion during the 2019 financial year, representing a 17%...
viviane-ondoua-biwole-one-of-cameroon-s-gravest-mistakes-is-to-not-give-enough-attention-to-human-resources
The former deputy managing director of the Higher Institute for Public Management (ISMP in French) is recognized in Cameroon as one of the leading experts...

Mags frontpage


Business in Cameroon n84: February 2020

Money transfer business Cameroon is on the front line


Interview: «Shifting from bureaucratic management to efficient public management»


Investir au Cameroun n94: Février 2020

Sociétés de transfert d’argent Le Cameroun au cœur de la bataille


Entretien : « Passer d’une administration bureaucratique à une gestion publique performante »