In Cameroon, Célestin Tawamba gets a first green light to merge Gicam with E.cam – Jeune Afrique

2023-05-30 19:16:17

On May 30, the board of directors of the Inter-employer Grouping of Cameroon (Gicam) validated – with 10 votes for, and 2 votes once morest – the process of fusion E.cam-Gicam started on April 5 with the signing of a merger-creation treaty.

To read

Why Cameroonian employers decided to form a common front

The Board also approved the appointment of a merger commissioner and set an Extraordinary General Meeting for July 11, which will have to vote for or once morest the merger of the two entities, namely E.cam (400 companies) and Gicam (1,000 companies). ).

A first victory of the opponents at the end of May

Minority among the directors, opponents of the merger will therefore have to convince a majority of members to vote once morest. In recent weeks, critics of the draft have tried to prevent the treaty from being considered by the General Assembly. They denounce the mechanism of fusion-creation, which induces a delivery To

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