logoBC
Yaoundé - 20 April 2024 -
Economy

Covid-19: Employers association UNIPACE suggests CEMAC countries start a direct dialogue with companies for effective support measures

Covid-19: Employers association UNIPACE suggests CEMAC countries start a direct dialogue with companies for effective support measures
  • Comments   -   Wednesday, 27 May 2020 16:29

(Business in Cameroon) - On May 14, the Central African employers’ grouping (Unipace) met by videoconference under the chairmanship of Cameroonian Célestin Tawamba (photo). During the conference, the employers’ groupings evaluated the health and economic impacts of the Covid-19 crisis in the CEMAC region.

The Unipace noted the “ineffectiveness and inadequacy of the emergency measures taken by CEMAC countries.

It also highlighted “the considerable negative impacts that the crisis will have on the budget of States due to the heavy dependence of economies on oil, whose prices have fallen sharply."

It then asks CEMAC authorities to, through direct dialogue with the employers' organizations, elaborate effective measures to support economies in the face of the economic shock linked to the Covid-19 crisis. It also suggests CEMAC countries should genuinely begin the sub-regional integration process.

S.A.  

api-signs-key-agreements-to-boost-investor-access-to-economic-zones
The Investment Promotion Agency (API) reached two Memorandums of Understanding with the Port Authority of Kribi (PAK) and the Mission for the Development...
cameroun-repays-cfa39-8bn-debt-with-new-borrowings
On April 17, Cameroon reimbursed CFA39.8 billion on the public securities market of the Central African States Bank (BEAC). Renowned for its solvency...
cemac-raises-cfa4-336tn-in-2023-public-securities-cfa2-5tn-less-than-waemu
In 2023, the six Cemac countries collectively raised CFA4,336.3 billion on the public securities market of the Central African States Bank (Beac),...
cameroon-minister-urges-african-restaurants-to-unite-on-geographic-indications
Fuh Calistus Gentry, the interim Minister of Mines, Industry, and Technological Development, and Country Director of the African Intellectual Property...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »