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Tunisia extends state of emergency for one month
Tunisia’s President Kais Saied has extended from January 1st for one month the state of emergency in place since 2015 after a series of terror attacks hit the country killing dozens of people, mostly foreign tourists. The measure gives the state sweeping power to take action against anyone suspected for terrorism and break any gathering […]
Half World’s 10 least performing currencies are African
Half of the ten least performing currencies in the World are African, said a Bloomberg report, highlighting the risk facing some of the continent’s devalued currencies due to lack of dollar liquidity. Zambian kwacha, the Angolan kwanza, and the Nigerian naira are in the top 3 most fragile African currencies, according to the report. Zambia’s […]
Morocco begins gradual cooking gas subsidies cut
Following targeted cash-handouts to needy households, Morocco has cut by 10 dirhams the subsidized price of a cooking gas cylinder, in a move that will alleviate the subsidies burden. The decision- that entered into force on May 20- marks the first subsidies cut in a gradual process that aims at breaking away with general subsidies. […]



