The Australian developer of Cameroon's Minim-Martap bauxite project will be removed from the All Ordinaries index on September 21.
Canyon Resources, the Australian firm behind Cameroon's Minim-Martap bauxite project, is being removed from the All Ordinaries index, which tracks the 500 largest eligible companies on the Australian Securities Exchange. S&P Dow Jones Indices announced the change on September 4, 2026, with the removal effective before market open on September 21.
This exit from the index occurs approximately 18 months after Canyon Resources was initially added, with its inclusion taking effect on March 24, 2025. The company had previously stated in its first-quarter 2025 activities report that its presence in the index reflected its progress within the Australian stock market.
The All Ordinaries serves as a broad benchmark for the Australian equity market. Its composition is determined by S&P Dow Jones Indices' methodology, which selects the 500 largest eligible companies based on their average market capitalization over the three months preceding each review period.
Why it mattersInvestors in Canyon Resources will see the company's stock no longer listed among the top 500 Australian companies by market capitalization.
Read in ASJ →Industrial and export farming contracted 3.1% in 2025, erasing previous momentum despite overall agricultural value reaching CFA3.97 trillion.
Cameroon's agricultural sector experienced a significant slowdown in 2025, with overall growth dropping to 1.1% from 5.2% the previous year. This deceleration was primarily driven by a contraction in industrial and export agriculture, which declined by 3.1% after experiencing 9.5% growth in 2024. The National Institute of Statistics' 2025 National Accounts, released in August 2026, attribute this reversal to the performance of these specific sub-sectors.
Despite the contraction in production, agricultural export earnings saw an increase of 8.8% in 2025. This rise is attributed to higher prices for several key crops. The agricultural sector as a whole still contributed CFA3.97 trillion in value added, representing approximately 11.5% of Cameroon’s nominal GDP. In contrast to the export segment, food-crop agriculture demonstrated resilience, growing by 3.7% in 2025, an increase from 3.2% in the preceding year.
The sharp deterioration in the growth rate for industrial and export agriculture marks a significant shift from its previous performance. This segment had previously shown strong momentum, making its recent contraction a notable development for the national economy. The data, compiled by the National Institute of Statistics, highlights a divergence between export-oriented farming and domestic food production.
Why it mattersFarmers are affected by the contraction in industrial and export agriculture, which may impact their contracts and income, even as food-crop agriculture shows growth.
Read in ASJ →Proposals aim to bring more small and medium-sized enterprises into the formal economy and broaden the tax base.
Cameroonian officials and SME stakeholders have recommended accelerating the digitalization of Approved Management Centres (CGAs) and improving access to tax incentives. These proposals emerged from the 11th awareness caravan on SME membership in CGAs, held in Douala on September 1 and 2, 2026. The Ministry of Small and Medium-sized Enterprises, Social Economy and Handicrafts (MINPMEESA) organized the event, which gathered public administrations, local authorities, CGA promoters, and business operators.
Participants adopted eight recommendations, including wider dissemination and effective implementation of incentives from the 2026 Finance Law. They also called for stronger collaboration between local authorities and CGAs, additional training for managers and public officials, and more diversified business support services. New strategies to increase SME membership in these centers were also discussed, alongside campaigns explaining the reform of local taxation and the General Synthetic Tax.
The proposed measures are part of a broader drive to integrate more small and medium-sized enterprises into the formal economy. MINPMEESA stated that these initiatives are intended to enhance tax collection and provide better support structures for businesses operating within the country.
Why it mattersSmall and medium-sized enterprises in Cameroon are affected by these digitalization efforts as they aim to bring more businesses into the formal economy and improve access to tax incentives.
Read in ASJ →The Spanish club deemed the German team's offer insufficient for the Cameroonian forward valued at 15 million euros.
Schalke 04 attempted to sign Cameroonian forward Karl Etta Eyong in the final hours of the transfer window, but their offer was rejected by Levante. The Spanish club's management reviewed the proposal but ultimately found it financially inadequate. Eyong is considered a player with significant market value, estimated at 15 million euros by Transfermarkt.
Levante is unwilling to sell their striker for less than his perceived worth and is prioritizing a permanent transfer this summer. The club is less inclined towards a loan deal with an option to buy. Despite Schalke 04's interest, Eyong remains a Levante player unless a new offer meeting the club's financial requirements is presented.
The German club's pursuit of Eyong highlights the player's growing reputation and marketability. Levante's firm stance on his valuation suggests confidence in his future performance and potential resale value, making any potential deal contingent on a substantial financial commitment from interested parties.
Why it mattersInvestors are affected because the valuation of a young player at 15 million euros indicates potential for future capital gains or losses in the football transfer market.
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