Australian mining company, Resolute Mining, said it has accepted to pay $160 million to settle a tax dispute with the Mali government, after authorities detained its British CEO. The company agreed to an immediate settlement of $80mln from available funds, with the rest to be paid later, the media reported. The CEO was detained along […]
A Moroccan court Wednesday ordered the breakup of the Moroccan Airline Pilots’ Association (AMPL), which has been in conflict with the national carrier Royal Air Maroc (RAM) for months. The ruling was issued by Casablanca’s court of first instance following a lawsuit filed by RAM in September against the AMPL accused of violating the association […]
Japan’s industrial giant Sumitomo Group will launch next year in Tunisia a plant where it will produce cable harnesses for automobile companies in Europe. The plant to be located in Monastir industrial park (NEOPARK), will be erected by Sumitomo Electric Wiring Systems Europe (SEWS-E), the Japanese group’s European subsidiary. The future plant will require investment […]
