No Result
View All Result
  • About Us
  • Advertise
  • Careers
en English
en Englishfr Français
Support Us
Mimi Mefo Info
  • Cameroon
  • Africa
  • Politics
  • Society
  • Business
  • Education
  • Tech
  • Entertainment
  • Opinion
  • Editor’s Picks
  • Sport
  • Cameroon
  • Africa
  • Politics
  • Society
  • Business
  • Education
  • Tech
  • Entertainment
  • Opinion
  • Editor’s Picks
  • Sport
No Result
View All Result
Mimi Mefo Info
English | Français
No Result
View All Result

Camair-Co to lay off 130 employees as 110 billion debt weighs on – Reports

Mimi Mefo Info by Mimi Mefo Info
December 26, 2020
Reading Time: 2 mins read
Camair-Co to lay off 130 employees as 110 billion debt weighs on – Reports
Share on FacebookShare on Twitter


By Tata Mbunwe

The management of the Cameroon Airlines Corporation, Camair-Co, has revealed the company will be laying off 130 employees as economic hardship soars amid the company’s debt burden of FCFA 110 billion, according to EcoNews.


The online economic news platform reports that Camair-Co’s Managing-Director, Louis Georges Njipendi, sent a note to the 130 employees explaining the economic hardship facing the corporation.


“Pursuant to the provisions of Article 40 of the law of 14 August 1992 on the Labour Code, I have the honour to send you herewith the list of workers I intend to dismiss at the end of the six-month period of layoff,” Louis Njipendi stated in a correspondence sent to the 130 employees.


According to Camair-Co’s boss, the selection criteria for the 130 employees to be dismissed is based on professional skills, longetivity of the workers in the company, and the family responsibilities of the employees.


Cameroon’s once buoyant airline, Camair-Co, has been on the verge of collapse and the current Boeing 737 aircraft used by the company only for internal flights was rented from Ukraine this October for a three-month period, and will be returned by the end of this month, reports EcoNews.


The Corporation only resumed flights on October 18 this year following an eight-month suspension.


In July this year, Government allocated a sum of FCFA 15 billion to revamp the company through the purchase of new aircrafts and facilities for the falling company.

You can help support our work through the link below
ShareTweetSendShare
Previous Post

Mayor Ndam Njoya to destroy entrance gate into Foumban rehabilitated by Sultan Senator Njoya

Next Post

COVID-19 impact: Economists forecast China will overtake US as world’s largest economy by 2028

Related Posts

Bamenda City Mayor tells Anglophone Crisis victims to stop seeking revenge in the name of justice
Live Update

Bamenda City Mayor tells Anglophone Crisis victims to stop seeking revenge in the name of justice

March 31, 2023
Cameroon

Northwest: Separatists destroy bulldozer, abduct workers of Njikwa-Ngie road

March 31, 2023
Amougou Belinga’s newly acquired Petroleum station to be inaugurated Saturday
Cameroon

Amougou Belinga’s newly acquired Petroleum station to be inaugurated Saturday

March 31, 2023
Douala: Corpse of young boy found in abandoned car
Cameroon

Douala: Corpse of young boy found in abandoned car

March 31, 2023
Journalist Yanick Fonki sentenced to 3 years imprisonment, despite fulfilling bail conditions
Cameroon

Journalist Yanick Fonki sentenced to 3 years imprisonment, despite fulfilling bail conditions

March 31, 2023
Breaking news: Des morts sur le chemin de l’école près de Limbé
Cameroun

Breaking news: Des morts sur le chemin de l’école près de Limbé

March 31, 2023
You can help support our work via the link below

Recommended

Bamenda City Mayor tells Anglophone Crisis victims to stop seeking revenge in the name of justice

Bamenda City Mayor tells Anglophone Crisis victims to stop seeking revenge in the name of justice

55 mins ago

Northwest: Separatists destroy bulldozer, abduct workers of Njikwa-Ngie road

3 hours ago
Amougou Belinga’s newly acquired Petroleum station to be inaugurated Saturday

Amougou Belinga’s newly acquired Petroleum station to be inaugurated Saturday

4 hours ago
Douala: Corpse of young boy found in abandoned car

Douala: Corpse of young boy found in abandoned car

4 hours ago

Popular News

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

You can help support our work via the link below

Category

  • Accident de la route
  • Affairs
  • Africa
  • Afrique
  • Agriculture
  • Business
  • Cameroon
  • Cameroun
  • Coupe d'Afrique des Nations
  • Crise Anglophone
  • Culture
  • Development
  • Développement
  • Economie
  • ECONOMY
  • Editor's Picks
  • Editorial
  • Education
  • Entertainment
  • Environment
  • Environnement
  • Fashion
  • Food
  • Français
  • French
  • Gestion
  • Gouvernance
  • Health
  • Human Interest/Society
  • Human Rights
  • HUMANITAIRE
  • Infrastructures
  • Insécurité
  • Interviews
  • Judiciary
  • Justice
  • Lifestyle
  • Live Update
  • MONDE
  • Nécrologie
  • News
  • News Roundups
  • Opinion
  • Other
  • Politics
  • Politique
  • Publicity
  • Religion
  • Road Safety
  • Santé
  • Science
  • Security
  • Société
  • Sport
  • Tech
  • Technologie
  • Tourisme
  • Transport
  • Travel
  • Voyage
  • World

Important Links

  • Term of Use
  • Privacy Policy
  • About Us

Copyright © 2020 Mimi Mefo Info Ltd. - All Rights Reserved.

No Result
View All Result
  • Politics
  • World
  • Business
  • Science
  • Entertainment
  • Fashion
  • Lifestyle
  • Tech
  • Health
  • Food

Copyright © 2020 Mimi Mefo Info Ltd. - All Rights Reserved.

en English
en Englishfr Français
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
pixel