M6-afrique

South Africa economy edges on recession in Q4

The mining sector has helped the South African economy avoid recession with a growth of 0.1% in the fourth quarter. The rate is not enough to create jobs for the millions of the unemployed in the country which braces for elections in May. The key mining industry recorded a 2.4 percent increase in output helped […]

Youth Should be Placed at Core of Development Projects, King

King Mohammed VI of Morocco has once again stressed the importance that should be granted to youths in any development project and underlined the need to improve the situation of young people who are the country’s genuine asset. “All stakeholders should take into account the societal changes occurring in Morocco and, as a result, place […]

Morocco’s BCP Bank posts 10.6% net banking income increase

Morocco’s second biggest lender, BCP, said its net banking income rose 10.6% to 22.8 billion dirhams in 2023. This performance is attributed to the strengthening of the interest margin by 1.9%, an 8% growth in the commission margin, and an increase in the result from market activities by 65.8%, the bank said. The bank’s net […]