Head of Moroccan employers association (CGEM) Chakib Alj said the key interest rate and reserve requirement cut to 1.5% and 0% respectively are conducive for an economic recovery from the repercussions of the coronavirus. These cuts give banks more flexibility in financing enterprises during this crisis notably SMEs, he told local media. The government has […]
Moroccan financial regulators announced the launch of the futures market which would help the Casablanca stock exchange attract more investors. The launch was announced in a ceremony by bourse regulator AMMC, the finance ministry and the central bank, who all highlighted the importance of the financial instrument in the reforms launched by the country to […]
A new Moroccan privacy rule will be enforced starting Sept.13 to protect personal data from online abusers and blackmailers, according to local press reports. Under the new regulation, anybody who ventures to publish photos and videos of people without their consent risk prison terms from six months to three years and fines going up to […]
