Algeria-protests

Monetary policy by itself not enough to ease inflation – Cent Bank governor says

Morocco’s central bank has hiked its key rates by 50 basis points to 2% to tame a soaring inflation, but this measure alone is not enough to tackle inflation according to central bank governor Abdellatif Jouahri. “The job of the central bank is monetary policy but growth is the job of the government,” he told […]

When RSF flouts women rights and despises independence of Moroccan judiciary

Reporters without Borders (RSF) has issued a very biased statement, to say the least, in which it arrogantly put itself in the place of the Moroccan justice and castigated a women complaining of sexual assault by journalist Omar Radi, who is also facing espionage charges. In an appeal to the UN Special Rapporteur on Violence […]

Saham completes acquisition of Société Générale’s SGMB bank

Saham Group said it has completed the acquisition of the Moroccan subsidiary of French Société Générale SGMB and its insurance business, La Marocaine Vie. Moulay Hafid Alamy has been appointed president of SSGMB following the sale. Earlier this year, Société Générale announced the sale of its majority shares at 57% of SGMB to Saham. The […]