Cameroon’s sugar company, known by ts French acronym as SOSUCAM, says massive importation of sugar at the Douala port is paralysing the company.
According to release issued by SOSUCAM Board of Directors, these importations exceed the tonnage authorized by the inter-ministerial committee for the regulation of the sugar market which regulates the volumes, distribution of sugar. Going by the release, the imports authorisation are abused by sales of duty free imported sugar intended for transformation which sosucam says disrupts the competitiveness i of the market.
In the release Sosucam calls for the strict respect of the inter-ministerial committee resolutions and states that measures must be put in place for imports that arrive outside the prescribed and authorised periods.