Business

Ride-hailing app Yango says it is not suspended in Cameroon

YAOUNDE, Feb 9 (Reuters) – Ride-hailing app Yango, owned by Russian tech giant Yandex, said on Thursday that it has not been suspended in Cameroon and that only activities of services providers using its platform were affected by a government decision. The central African nation’s transport ministry said on Wednesday …

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Cameroon suspends ride-hailing app Yango for alleged failings

YAOUNDE, Feb 8 (Reuters) – Cameroon has suspended Russian ride-hailing app Yango over its alleged failure to comply with transport regulations, the African country’s transport ministry said on Wednesday. Yango, which is owned by Russian tech giant Yandex, entered the Cameroonian market in 2021 with operations in the main cities …

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Fuel goes up after IMF pressures Cameroon to end price subsidy

Africanews | Cameroonians were faced with a fuel price rise on Wednesday of about 15 percent, meaning a litre of diesel that used to cost them 575 CFA francs (0.87 euros), will now go up to 720 CFA francs (1.09 euros). The rise came after the International Monetary Fund (IMF) …

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Waste management in Yaoundé: Thychlof Sarl joins Hysacam

Business in Cameroon | Yaoundé City Hall announced it is hiring a new waste management company, a second, to the Cameroon Hygiene and Sanitation Company- Hysacam. “Until now, the management of the huge volume of waste generated in Yaoundé has relied solely on Hysacam,” Mayor Luc Messi Atangana said, stressing …

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Cameroon Expects $33 Million From Cocoa Export Tax Revenue in 2023

MarketWatch | YAOUNDE, Cameroon–Cameroon expects to receive at least 20 billion CFA francs ($33 million) through the taxing of cocoa bean exports in 2023, the government said in its budget for 2023. According to the forecast, unprocessed cocoa beans being exported will be subject to a tax rate of 10%. …

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La société Magil répond aux accusations sur le complexe sportif d’Olembe

RFI | La société de construction canadienne Magil se défend et répond aux accusations du ministère camerounais des Sports et de l’Éducation physique, maître d’ouvrage du chantier du complexe sportif d’Olembe. Accusée par le ministère de surfacturation et de vouloir résilier unilatéralement son contrat en laissant les travaux inachevés, Magil, …

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