French Cameroun economy feeling effect of Southern Cameroons crisis
The Southern Cameroons crisis has resulted in the loss of more than 41% of the turnover of the businesses located in the territory according to figures published on Wednesday 11 October 2017 by a commission assigned by the Chamber of Commerce, Industry, Mines and Crafts (CCIMA) of La Republique du Cameroun.
The statistics were compiled by the consular chamber and published one year after the beginning of the general strike on October 10, 2016 by Southern Cameroons lawyers and teachers who demanded better consideration of Anglo-Saxon aspirations and values in the management of La Republique du Cameroun.
The CCIMA survey of 385 small and medium-sized enterprises (SMEs) conducted between March and April 2017 revealed that 41.80% of entrepreneurs say their turnover has been lost due to the political crisis that has rocked Anglophone Cameroon. The structures that have been most affected are precisely the Very Small Enterprises (VSEs).
Thus, for 90.60% of heads of enterprises in this category, the turnover was either stable or decreased, “rarely a positive result was recorded”. A year after the initial crisis triggered social demands, the situation worsened in this part of the country with claims from supporters of the Southern Cameroons Ambazonia Governing Council for the partition of the country.
The Biya government’s reaction to certain corporatist claims has been shameful and disgusting. However, the Southern Cameroons territory which account for 20% of the population of the 24 million Cameroonians, are experiencing an uneasy calm with the alternation of ghost towns operation.
By Sama Ernest, CIR