Cyrine Draif initiates fresh redundancies at Ola Energy Cameroon
Libya Oil Holdings’ Cameroonian fuel distribution subsidiary (previously OiLibya) is restructuring in an attempt to maintain its market share against competitors Total and Tradex.
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▪ Cyrine Draif initiates fresh redundancies at Ola Energy Cameroon
▪ Libya Oil Holdings’ Cameroonian fuel distribution subsidiary (previously OiLibya) is restructuring in an attempt to maintain its market share against competitors Total and Tradex.
▪ https://www.africabusinessplus.com/en/805368/cyrine-draif-initiates-fresh-redundancies-at-ola-energy-cameroon/
Ola Energy Cameroon reached an agreement on 4 September with the government and the oil workers’ union. This is the first stage of a restructuring plan that will enable it to shed 40 staff, and comes after an initial restructure in 2018.
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