(Business in Cameroon) – Cameroon Postal Services (Campost) underwent a tax adjustment following an audit covering the 2018 to 2020 financial years. Initially set at CFA1.4 billion, the adjustment was reduced to CFA306.25 million after negotiations with the tax administration. Despite the procedure, the state-owned company reports rising revenue and is preparing to launch a card payment network by 2026.
During her presentation to the National Assembly, the minister of Posts and Telecommunications defended a 2026 budget of CFA29 billion and gave an overview of her department. She disclosed that Campost was audited by the Directorate General of Large Enterprises between January and June 2025. The initial adjustment of CFA1.4 billion was brought down after Campost’s management intervened. The final amount includes CFA250 million in principal and CFA56.25 million in penalties.
The specific reasons for the adjustment were not detailed. In Cameroon, tax audits generally occur in cases of errors, omissions, inconsistencies between tax filings and accounting, repeated losses, or when declared results appear inconsistent with a company’s operations.
Despite the fiscal procedure, Campost achieved significant growth. According to figures presented by the Prime Minister under the economic and financial program, the company’s 2024 revenue reached CFA4.439 billion, up 30% from the previous year. This growth comes amid ongoing operational recovery.
Campost also plans to launch a payment card network in 2026, starting with 20 automated teller machines across the country’s ten regions. This initiative aims to boost financial inclusion and modernize services, building on the operator’s national coverage and long-standing presence.
Campost is Cameroon’s national postal operator. It acts as a multi-service company, offering postal, banking, insurance, digital, and e-commerce solutions. This integrated model positions the enterprise at the intersection of traditional postal services and emerging financial and digital offerings.
Amina Malloum
