logoBC
Yaoundé - 23 April 2024 -
Economy

Cameroon: The milling industry fears stock shortage due to coronavirus prevention measures

Cameroon: The milling industry fears stock shortage due to coronavirus prevention measures
  • Comments   -   Tuesday, 31 March 2020 10:37

(Business in Cameroon) - Vessels transporting daily consumer goods berthing at the port of Douala must now wait 14 days (incubation period of Covid-19) at the base buoy before being allowed to enter the port platform. This measure taken by Cameroon is to prevent the importation of the virus by sea.

During their recent meeting with the Minister of Trade Luc Magloire Mbarga Atangana, operators in the flour milling sector complained that the measure would likely disrupt wheat flour stocks in the country. They also explained that the additional costs incurred by the extended parking of ships at the base buoy could be passed on to the final price of the flour raising the price at which the flour is sold to consumers.  

After hearing the complaints, the Trade Minister explained that in the current context, neither rising prices nor shortages could be allowed. He then promised to discuss with his ministerial peers, including the Minister of Finance, so that additional costs would be avoided for importers.

BRM 

cameroon-investment-forum-wraps-up-with-honors-for-investment-champions
The 4th edition of the Cameroon Investment Forum (CIF), hosted by the Investment Promotion Agency (API), concluded on April 19 in Douala with the...
douala-municipality-takes-legal-action-against-banks-over-loan-guarantee-for-market-project
Douala Urban Community (CUD) filed a lawsuit on November 2, 2023, against Afriland First Bank (AFB), Commercial Bank-Cameroon (CBC), and Sicc Congo...
beac-to-introduce-new-coin-range-to-tackle-persistent-shortage
The Bank of Central African States (BEAC) is set to release a new range of coins in 2024, according to internal sources at the central bank. The...
cameroon-e-guinea-maritime-line-sets-sail-prices-and-options-revealed
Cameroon's ambassador to Equatorial Guinea, Désiré Jean Claude Owono Menguele, announced on April 19 the launch of a maritime line for transporting goods...

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 »