logoBC
Yaoundé - 25 April 2024 -
Environment

Waste collector Hysacam could lose market share in Yaoundé, again

Waste collector Hysacam could lose market share in Yaoundé, again
  • Comments   -   Thursday, 28 September 2023 17:21

(Business in Cameroon) - Cameroon's waste collection company, Hysacam, could face a further reduction in its market share in Yaoundé in the coming months.

Hysacam, along with Thychlof Sarl and oversight firms Sitram and Era-Cameroon, will need to submit competitive bids to maintain their positions as their current contracts expire on December 31. The Mayor of Yaoundé, Luc Messi Atangana, has opted for a competitive bidding process to select the next waste collection operators after the current contracts expire. According to official information, the mayor aims to have one operator per district, meaning that even if Hysacam is selected, it will be limited to serving just one district.

As a reminder, Hysacam lost its monopoly in this market with the arrival of Thychlof Sarl a year ago. Authorities said this was a response to numerous complaints received from residents of major cities like Yaoundé and Douala about the quality of its services. Mayor Luc Messi Atangana said the company is struggling to cope with the increasing volume of waste due to public negligence, population growth, and the city's rapid expansion.

Let’s also note that Hysacam has experienced multiple staff strikes due to poor working conditions and unpaid wages. However, the company blamed these challenges on the state's failure to make timely payments for services.

cameroon-s-red-cocoa-nears-labeling-as-oapi-awaits-coloration-analysis
The Cameroon red cocoa, listed in 2019 as a product eligible for geographical indication (GI), has progressed towards labeling by the African Intellectual...
cameroon-poultry-expo-revives-focus-on-industry-transformation
The 2024 edition of the Yaoundé International Poultry Exhibition (Savi) kicked off on April 23 at the Congress Palace. The event organized by the Cameroon...
beac-s-bond-auction-meets-success-in-inflation-combat-efforts
On April 22, the Central African Central Bank (Beac) concluded a successful 14-week bond issuance worth CFA50 billion. This move, offering a 2.5% interest...
cameroun-delays-bond-sale-amid-regional-market-strain
The Cameroon government has postponed its planned 2024 bond sale, originally slated for April, due to market saturation caused by Gabon and the Central...

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 »