Cameroon Development Corporation in crisis

The Cameroon Development Corporation, (CDC) is the biggest agro-industrial plant in West Africa is reportedly collapsing at a catastrophic rate never known in the history of the corporation.

Though Njie Ngoni Franklin General Manager of CDC has been managing the crisis in the company, the elders and elites of the South West region have maintained a kind of deliberate silence over the downward trends experienced by CDC.

The situation has become so bad that something needs to be done soon to save the Cameroon Development Corporation. The financial situation of the company is at zero. Leadership is completely absent and things are falling apart.

Cameroon Concord can now reveal that hundreds of CDC workers are leaving and seeking employment in other companies such as Heve Sud found in the South region of Cameroon precisely in Ebolowa.

We have also gathered information that many more are heading to Gabon and Equatorial Guinea. Our reporter in the South West region who contributed to this report hinted that a CDC Overseer on category 5A under the Njie Ngoni Franklin administration ends 313.86 frs FCFA an hour and he/she is expected to work 8 hours a day.

Correspondingly, a junior overseer on category 4A who earns even less is also expected to perform the same task like on overseer on category 5A.

Cameroon Concord understands the leadership has cut down the allowances of all senior staffs and instituted numerous social insurance contributions and nothing seems to change.

CDC now operates a very funny payment method where salaries are paid to workers who have attained category 7 only. From Category 1 to 6 you are simply a wage earner meaning it is pay as you work. If you are sick, it is the company's hospital that can give a worker a sick allowance.

In one of the payslips handed to our journalists late last week, we found out that as a CDC worker, you are deducted Council tax, Personal income tax, CRTV tax, Land Bank tax, National Social Insurance contribution, and a 280 frs CFA compulsory amount for medical issues.