Morocco-Spain rail link floats again with 2030 WC

After some four decades, the idea of a rail link between Morocco and Spain floats again as the two countries, together with Portugal, prepare to host the 2030 World Cup. International media is speaking of underway surveys on the project that would boost connectivity between Europe and Africa. During his most recent visit to Morocco, […]

Uganda: Entertainment players to be registered on tax identification list

Uganda Revenue Authority (URA) has directed persons earning an income from entertainment activities to get tax identification numbers, reports say. Per the directive, failure to obtain the tax identification number shall attract a fine of up to 3 million Shillings ($807.58) or imprisonment of six years or both if the failure is done intentionally or […]

OCP’s 2017 Revenues Hit 48.5 bln Dirham

Morocco’s state-owned phosphates giant (OCP) said its revenues grew 14% in 2017 to reach 48.5 billion dirhams compared to 42.48 billion in 2016. OCP’s phosphates rock sales increased 40% while the group’s revenues from selling fertilizers jumped 24% compared to 2016. This performance helped the OCP offset a fall in international prices, the company said […]