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Monetary policy by itself not enough to ease inflation – Cent Bank governor says

Morocco’s central bank has hiked its key rates by 50 basis points to 2% to tame a soaring inflation, but this measure alone is not enough to tackle inflation according to central bank governor Abdellatif Jouahri. “The job of the central bank is monetary policy but growth is the job of the government,” he told […]

DRC hopes to leverage SADC regional forces to push back M23 rebels

The government of the Democratic Republic of Congo (DRC) is reportedly hoping soldiers from the 10-nation Southern African Development Community (SADC) will help it regain ground from the M23 militia in the lawless east. Troops from the regional bloc SADC, including from South Africa, Tanzania and Malawi, have been discreetly arriving in DRC since the […]

Moroccan court sentences to death three murderers of Scandinavian tourists

Three suspects who pleaded guilty to the murder of a Danish and Norwegian backpackers in the mountains near Marrakech received the death sentence while a fourth man will spend his life in prison. The ringleader and two other terrorist ring members had told the court that they decided to commit the abject terrorist act in […]