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

Agro-industry

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

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- 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

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