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Sahara issue looms over Saham-Sanlam $1.1 bln deal
Head of Morocco’s BMCE Bank, the third largest bank in the country, criticized the sale of Saham insurance business to South Africa’s Sanlam as detrimental to Morocco’s interest. Speaking at a press conference, head of BMCE Othmane Benjeloun deplored the sale worth $1.1 billion on grounds that South Africa supports the Polisario separatists. “We end […]
South Africa: Phala Phala gate looms over Cyril Ramaphosa’ re-election
The Phala Phala case looms on South African President Cyril Ramaphosa’s fate amid probe on this case dating back to February 2020, when Ramaphosa and other officials allegedly concealed a burglary at the president’s Phala Phala farm. According to an affidavit, Ramaphosa had at least $4 million in cash stashed in a couch at the […]
Morocco, Belgium discuss ways of upgrading their partnership, meeting shared challenges
Morocco and Belgium have discussed this Wednesday in Brussels ways of upgrading their partnership and meeting current and future shared challenges. This came at a meeting between Head of Government, Aziz Akhannouch, and Belgian Prime Minister, Alexander De Croo. The two sides expressed satisfaction at the partnership linking the two kingdoms, and examined ways of […]



