Morocco’s competition council will unveil this week a heavy fine against fuel distributors that amount to 10% of their turnover for uncompetitive practices, local Moroccan media reported. Citing a source close to the matter, le360.ma said the fine could amount to 4 billion dirhams ($400 million). The council’s board will meet on Thursday to make […]
Portugal, an Atlantic nation with centuries-old ties to many countries in Africa, has backed in clear-cut terms Morocco’s initiative to facilitate access to global trade for landlocked Sahel states. This came in a joint statement following talks in Lisbon Tuesday between Moroccan Foreign Minister, Nasser Bourita, and his Portuguese peer, Paulo Rangel. Portugal backs the […]
Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, cited, on Saturday in Marrakech, Morocco’s financial inclusion strategy as an example of a “comprehensive” strategy reflecting the Moroccan government’s determination. “To accelerate the process of financial inclusion, governments need to show more determination by putting in place comprehensive national strategies like the Moroccan financial […]
