central bank governor BAM Abdellatif Jouahri

Moroccan miner Managem lowers cobalt production due to plummeting prices

Managem, a Moroccan mining company, said it lowered cobalt production at its Bou Azzer mine due to falling prices, as it reports a drop in first quarter revenue. The company opted for “preserving resources” in this low prices context, it said in a statement, noting a 13% drop in first quarter revenue. Cobalt is a […]

King Mohammed VI hands awards to top laureates of 2017-2018 literacy Program

King Mohammed VI handed over to top women laureates of the 2017-2018 literacy program the Mohammed VI Prize at a ceremony in a Casablanca mosque following the Friday noon prayers. The prize winners are: Fatema Laâdam (Salé), Yamna Abjaou (Tantan), Mina Esskouri (Nouaceur), Hayat Sennoun (Oujda) and El Hassania Mennouna (Zagora). In an address during […]

Morocco to Tap International Bond Market in 2019

Morocco will issue an international bond in 2019 said governor of the Central bank Abdellatif Jouahri, adding that the country may consider the renewal of the IMF precautionary liquidity line which expires this year. Jouahri was speaking to the press at a regular press conference in which he announced that the Central bank maintains its […]