Omar Hilale

Covid-19: Morocco suspends air links with France, Spain

Moroccan authorities have decided to temporarily suspend air links to and from France and Spain, extending thus the list of countries with which air links have been banned, in order to limit the spread of COVID-19.   The suspension of air links with the two European countries comes into effect as of Tuesday March 30, […]

South Africa: 15% Eskom tariff hike could cut 150,000 mining jobs

The Minerals Council of South Africa on Thursday warned that the country could lose up to 150,000 jobs, if state-owned electricity supplier Eskom is granted permission to increase electricity tariff by 15%. Eskom has asked government for a 15% tariff increase over three years. The mining lobby group said the move would also hasten the […]

Egypt plans to privatize 20 state-run companies this year

The Egyptian Prime Minister, Mostafa Madbouly, indicated that the Arab country hopes to list at least 20 state-owned companies in 2023 as part of a larger strategy aimed at generating more revenues, Zawya reports. Not all companies will be listed on the EGX (the Egyptian stock market). Some will see major shares sold to strategic […]