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- Every Company Needs Safety Tra...
This is very informative post. I am commerce graduate and want to know more about cfa course in India, like fees, course content, placement after completion of the course. +More...
22.06.10 08:50
By surabhi - Constitutional Reform: Eminent...
Dr.Makongo,this is just perfect for the government to pay attention to.Great article David,we hope to read more. +More...
20.06.10 00:03
By nana akua - How Imperial Companies Continu...
i have the firm belife that a small country like cameroon will not succed in cuting all the mafia links with france .we now need to look at this problem at a contenetal basis .eccept we include all th... +More...
19.06.10 13:39
By acho - Nickcery Trains More Workers O...
i need a package formation from your group in safty quality and environnement. tanks to god. +More...
17.06.10 13:18
By Fomba Anatole - Cameroon: Where Gov't Official...
Mmme diplomate, your reactions is worth emulating by colleague of your corps. But what puuzled me the most is how according to you such a frantic writeup might be of relief to the contemporary Cameroo... +More...
17.06.10 07:29
By Uncle Luc Njumi - Cameroon: A Country Not Measur...
well said. +More...
16.06.10 11:57
By jimmy - How Lions’ Coach Will Surprise...
When Le Guen was appointed coach of the Indomitables Lions, I mentioned his inability to make the lions as famous as 1990. This comment sparked off criticisms from Cameroons how we hate Le Guen. My ar... +More...
15.06.10 11:48
By Samuel Ndingi - Miss Supranational Beauty Cont...
dear sir \madam i will like to know if your agency offer mentor ship just to the participants of miss supranational. This is because we our a local based non-governmental association interested in dev... +More...
14.06.10 19:11
By N.B Rita - Cameroon Mangrove Forest Threa...
Though my respond seem late as compare to the UB forum. thanks to the Eden Paper for always be by CMN. It help us retrieve infos on cameroon mangrove status. As for the members of the network please k... +More...
14.06.10 10:08
By Moudingo Ekindi JH - Cameroon: A Country Not Measur...
what a review of a nation that would have been florishing with milk and honey, how can we get out of the tight fisted mess in which we find ourselves former ambassador? come to our help , it is time o... +More...
13.06.10 20:51
By dady
| How Imperial Companies Continue To Bleed Cameroonians |
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| Christopher Fon Achobang |
| Wednesday, 09 June 2010 23:48 |
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Cameroon’s Minister of Energy and Water Resources, Michael Tomdio, this week ordered AES-SONEL to reverse its unilateral price hike for electricity consumption. AES-SONEL, a company which enjoys a monopoly in electricity production, transportation and supply in Cameroon went ahead in April to increase the cost of a kilowatt of electricity for the medium and low voltage users. The high voltage users, the major manufacturing companies like ALUMCAM (Cameroon Aluminum), CIMENCAM (Cameroon Cement) with majority French shares enjoy a special colonial deal. While the ordinary poor Cameroonians using a few kilowatts a month paid over FCFA 50 a kilowatt, these companies using megawatts a second paid FCFA 10. The April price hike did not affect the major energy consumers who were also making huge profits and plying them back to France. When the economic crisis was biting hard in the 1990s and the World Bank/IMF imposed SAP (Structural Adjustment Programme) was sapping the heavily indebted poor Cameroonians of their last substance, the former SONEL (with majority French shares) joined in the bleeding process. Cameroonians were served two bills in a month. The ‘facture forfaitare’ (arbitrary bill) came at the beginning of the month while another bill, ‘facture complémentaire’ (complementary bill) came around the middle of the month. None of these bills reflected the real units of consumption on the electricity counter. Cameroonians suffered like stoics, paying and grumbling without government intervention to rescue them. Government did not react. Cameroon government looked the other way while these outfits were bleeding its citizen to economic anaemia. The same sort of bleeding continues with petroleum products where the cost of a litre of petrol is highest in Cameroon than in any other oil producing company. At SONARA (National Oil Refining Company) a litre of refined premium petrol costs less than FCFA 200. By the time it is served at the filling station in Limbe where it is refined, it costs above FCFA 550 a liter. Ibrahim Talba Malla, General Manager of the Hydrocarbons Stabilisation Fund, CSPH, explained in 2007 that more than 60 percent of this cost went to service a plethora of taxes. Many wealthy Cameroonians have understood and have gone ahead to open their own petrol stations. Inter-urban transport companies like Guarantee, Mondial all have their own rights to buy fuel directly from SONARA so as to beat the tax zombies. While it is possible for Cameroonians to have a litre of fuel at less than half the current price, government has simply closed its eyes and allowed business wolves to prey on the ordinary user. After all, no government service buys fuel paying money at the petrol station. All the higher-ups in the Cameroon administration and their family members, friends and concubines have a generous supply of petrol bons (receipts) to top their tanks at the stations. The special favour also goes for the other commodities; water, electricity and telephone. Ordinary Cameroonians have watched on in total disbelief as their own government which is supposed to protect them, instead condones their gross exploitation by wolfish imperial businesses. Michael Tomdio’s actions may just confirm rumours that Prime Minister Yang Philemon may be a no-nonsense head of government, after all. As the political will to protect the consumer becomes manifest, may consumers’ syndicates spring up to defend the emasculated wretched of the earth. Cameroonians have to stand up and reject the monopolistic stranglehold of French backed companies. France has no natural resources and has to hang to its former colonies like leeches. And like leeches France is ready to bleed Cameroonians of their economic blood to transfuse its resource-barren country. As we still bathe in the aura of the Cinquantenaire of our ‘independence’, may Cameroonians ask whether the French have any reason to continue exploiting them, in-and-out? Cameroonians should fight and break the monopoly of French companies in the production and provision of basic needs as water, energy, petrol, customs, building materials etc. |






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