Mali’s Supreme Court has confirmed in a final decision demanding Moov Africa Malitel and Orange-Mali, two telecom companies, to pay up to $195 million to the Association of Telecom service clients (Remacotem). Remacotem in 2021 sued both companies before the courts for illegal taxation of calls answered by the answering machine. The telecom companies denied […]
Moroccan banks have shown resilience to the impact of the Covid-19 crisis maintaining enough provisions to face the surge of the cost of risk due to a rise in impaired loans, analysts and the central bank say. The IMF has urged the Central Bank to keep ensuring that the Banks had enough provisions to deal […]
As Morocco has recorded a surge in coronavirus cases in several prefectures and provinces, in recent days, it has been decided to ban from Sunday midnight travel to and from eight major cities. These are Tangier, Tetouan, Fez, Meknes, Casablanca, Berrechid, Settat and Marrakech, said Sunday a joint statement by the ministries of the Interior […]
