By Ndumbe Bell JG in Douala
A stark warning has been addressed to members of the business community in Cameroon to bury their hatchets of the post electoral disorders and now concentrate to preserve the economic resilience that characterised the nation during the pre-electoral period. Within the context, if the issue isn’t taken seriously, there will be far reaching consequences awaiting the reversal of the expected situation that has taken a lot of sacrifices, consultations, proposals to bring about resilience.
In his November 3 perturbing accesment of the environment, Celestin Tawamba, President of GECAM called for the mobilisation of collective, concerted action to surmount the period of uncertainty and great instability caused by the closure of business outfits, demonstrations, road blocks and the likes that plagued the business ecosystem especially in cities such as Douala, Yaounde and a host of others, igniting a drop in revenues through a decline and reduction in productivity and amounting to the threat in job instability.
Other long-term effects caused by moments of political uncertainty, the President of the employers association stated, are the breakdown in confidence adversely affecting the attraction of investments by the nation’s economic partners at the domestic and international landscape.
The president of the employers association underlined that the only viable way forward towards guaranteeing resilience in the face of adversity would be a collective response to catalyse solidarity and determination to sharing experiences and knowledge so as to equip selves with the solutions in all the business sectors available. Celestin Tawamba cautioned that economic actors should bear in mind that the generation of revenues for the state is on their shoulders, bearing in mind that the state revenues generated from oil have plunged.