In a release issued on 11 August 2021, the Cameroon Finance Minister, Louis Paul Motaze orders 82 licensed customs brokers to submit documents detailing the reasons they have been dormant for over a year now. Indeed, according to data from CAMCIS, the new customs platform, the brokers in question who are duly licensed in Cameroon have not carried out a single customs clearance operation over the past 12 months.
As Cameroonian laws provide, they will have to state the reasons for their inactivity or have their approvals withdrawn. In the release dated 11 August 2021, the Finance Minister gives them up to one week to produce the necessary documentary proofs or face the required sanctions.
According to some customs sources, most of the brokers are bankrupt with the loss of many jobs because of the fierce competition in the sector.
Source: Business in Cameroon of Tuesday, 24 August 2021 17:23
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