The draft budget for 2025 provides for an array of measures to curb the impact of imported inflation on the citizens’ purchasing power, including wage hikes, cancelation of VAT and customs duties on some basic foodstuff, and subsidies. Under the new budget, monthly salaries lower than 6000 will be exempted from the income tax, while […]
More than 54,000 residents have been evacuated from Ksar El Kebir since Friday as rising waters from the Loukkos River flooded large parts of the northern Moroccan city, according to Moroccan media. An additional 650 people were relocated on Tuesday alone from a temporary camp, which became threatened as water levels continued to climb. According […]
The Chief Executive Officer and owner of Cevital, Issad Rebrab has said that the company is expecting to increase its white sugar exportations by 20% this year. To reach its goal, it will be boosting its sugar refining capacity from 750,000 tons to 2,75 million tons. The company has always set its eyes on exporting […]
