tunisia-phos

Morocco braces for another dry year

The specter of drought is still haunting Morocco for the fourth consecutive year amid delayed rainfall and emptying reservoirs. The alarm bell was rang by water minister Nizar Baraka who warned that some cities should prepare for a rationing of water as part of measures to reduce demand. “The country is heading to a fourth […]

South Sudan President dismisses Vice-President, other Key officials

South Sudan’s President Salva Kiir Mayardit has dismissed Vice President Benjamin Bol Mel and removed him from his leadership role in the ruling Sudan People’s Liberation Movement (SPLM) party, according to presidential decrees broadcast on SSBC State television on Wednesday. Bol Mel was also demoted from general to private in the National Security Service. The […]

Morocco’s Central Bank keeps rates unchanged amid persisting inflation

Morocco’s Central Bank has decided to keep its key interest rates unchanged at 3 pc due to persistent inflation fueled by soaring food prices and the war in Ukraine which continues to affect global economy. The decision was made Tuesday by the Board of Bank Al Maghrib during its second quarterly meeting held to discuss […]