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Cameroon: The Minister's Price
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Cameroon Tribune (Yaoundé)
7 March 2008
Posted to the web 7 March 2008
Tche Irene Morikang
It is with much interest that Cameroonians are awaiting the outcome of the ongoing negotiations between the Minister of Commerce and wholesalers of some basic commodities. The hope is that the traders will come out with some sort of homologated prices. Nowadays, it is becoming more and more difficult to know the prices of goods in the market.
In effect, since the Minister of Commerce started confiscating some over-taxed goods and auctioning them to the population at the homologated prices, some traders have gone into a hide and seek game. Prices pasted on the products are different from what customers eventually pay for the goods. Don't dare argue because they will tell you "what we have pasted is the Minister's price". It is either you take it or leave it!
So, who is fooling who?
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