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 […]
The European Bank for Reconstruction and Development expects Morocco’s economy to rebound by 5 per cent in 2021, before moderating to a growth of 3.2 pc in 2022. In its latest Regional Economic Prospects report released Thursday, the Bank says the success of Morocco’s vaccination campaign will lead to faster reopening of the economy, despite […]
Tunisians this weekend marched through the streets of capital city Tunis to protest against a bill that would grant amnesty to businessmen, accused of corruption under the former administration. Under the draft bill, corrupted businessmen would be spared any prosecution if they reveal the stolen funds and pay them back. Protesters claim the bill contradicts […]
