SWITZERLAND-DAVOS-ECONOMY-MEET

Morocco Welcomes UNSC Resolution 2414 Renewing MINURSO Mandate

Morocco welcomed resolution 2414 by the UN security council renewing the mandate of the MINURSO for six months and urging the polisairo to withdraw from the buffer strip, said Morocco’s Ambassador Omar Hilale. “The Security Council resolution strengthens Morocco’s position and resolve in responding to recent Polisario provocations east of the security wall and in […]

Moroccan treasury gains $600 mln thanks to tax amnesty

Morocco’s treasury has gained an additional 600 million dollars (6 billion dirhams) following a tax amnesty program that expired on Dec 31, 2024. At least 127 billion dirhams ($12.7 billion) has been injected in the Moroccan banking system thanks to the tax amnesty, which allowed cash-holders to pay a reduced 5% tax on their deposits, […]

COMESA-EAC-SADC merger to allow 14 countries’ seamless trading within Tripartite FTA

At least 14 countries will trade freely within East, Central, and Southern Africa from this Thursday, July 25, with the coming into force of a Tripartite Free Trade Area (TFTA) Agreement, which flattens the East African Community (EAC), the Southern African Development Community (SADC) and Common Market for Eastern and Southern Africa (COMESA) into a […]