Benin FM

Mali’s new mining code ends tax exemptions for mining companies

The Malian Mines Ministry announced on Wednesday a new mining code, under which mining companies operating in the west African nation will no longer be exempt from VAT during production and will have a shorter period of protection from fiscal changes.   The government said the new code seeks to redress the “shortcomings” of a […]

Africa’s richest nations, including Morocco, control 66% of continent’s total wealth

Only three African nations control about 56% of the continent’s total wealth, according to the 2022 Africa Wealth Report published by UK investment consultancy firm Henley & Partners in partnership with South African wealth intelligence firm New World Wealth. South Africa, Egypt, Nigeria, Morocco, and Kenya are Africa’s wealthiest countries. The first three countries possess […]

Promoting peace, stability in MENA region discussed by Moroccan and Saudi Foreign Ministers

Ways to promote peace and stability in the MENA region were at the focus of phone talks between Moroccan and Saudi Foreign Ministers, Nasser Bourita and Prince Faisal bin Farhan bin Abdullah. The talks, held Friday, also covered ways to deepen bilateral ties in various fields, as well as latest regional and international developments of […]