logoBC
Yaoundé - 09 August 2020 -
Companies

Tradex : Simon Paley becomes new managing director

Tradex : Simon Paley becomes new managing director
  • Comments   -   Friday, 13 December 2019 17:06

(Business in Cameroon) - Since December 12, 2019, Simon Paley became the new managing director of  Tradex, the subsidiary of Cameroon’s National Hydrocarbons Corporation (SNH).

He replaces Perrial Nyodog, who has held that position since the creation of Tradex, 20 years ago (1999).  The new managing director has been part of the board of directors of Tradex and has also been the commercial director of SNH.

Simon Paley inherits a prosperous company. Indeed, Tradex sold 597,158 m3 of fuel in 2018. The quantity of liquefied petroleum gas (LPG) sold by the company is 97,952 tonnes and 1,100 tons for lubricants. Thanks to these sales, Tradex achieved a net result of XAF10.3 billion and a turnover of XAF291 billion.  

Tradex is specialized in the marketing of petroleum products and is present in four countries in the CEMAC region (Cameroon, Central African Republic, Chad, and Equatorial Guinea).

SA

chanas-assurance-s-a-posts-xaf683-4-mln-net-profit-for-2019-up-by-16-2-yoy
Cameroonian insurance company Chanas Assurances, majority-owned by National Hydrocaborns company SNH, informs that it recorded XAF683.4 million of net...
africa-food-manufacture-to-invest-xaf13-bln-in-the-construction-of-cameroon-s-first-durum-flour-mill
On July 30, 2020, Africa Food Manufacture (AFM), which produces Broli-branded pasta, signed an investment agreement with Cameroon’s investment promotion...
snh-estimates-its-stored-oil-data-at-over-xaf10-000-billion
The Cameroonian National Hydrocarbon Company (SNH) estimates the value of oil data currently stored in its Mbanga-Bakoko (Douala) based Petroleum...
cameroon-saves-close-to-xaf11-mln-monthly-after-adjusting-the-salary-of-4-490-health-personnel
Some days ago, when they received their July 2020 salary, some physicians and health personnel operating for Cameroon noticed that their usual salaries...

Mags frontpage


Business in Cameroon n90: June 2020

Top 100 economic actors in Cameroon


Colonel Roger Kuitche: “Military strategy is an important tool that will beneft businesses and public administrations”


Investir au Cameroun n100 Juillet-Août 2020

Le Top 100 des acteurs économiques du Camerouns


Colonel Roger Kuitche : « la stratégie militaire appliquée aux entreprises et aux administrations est un outil à exploiter »