Emerging Markets Headlines Tunisia

Tunisia’s UGTT to stage workers’ rally and march on August 21

The Tunisian General Labor Union (UGTT), chaired by Secretary General Noureddine Taboubi, has announced plans to hold a workers’ rally and march on Thursday, 21 August. Union officials say the action aims to defend union rights in response to stalled negotiations, the cancellation of social dialogue, and what they describe as attacks on union headquarters. […]

Business Features Finance Headlines

As BRICS Pay rises, Africa rethinks cross-border payments

Africa’s long-fragmented cross-border payment systems may be on the cusp of transformation, driven by emerging alternatives to Western-dominated networks like SWIFT. The launch of BRICS Pay — a decentralized platform aiming to settle transactions in local currencies — signals a broader push to reduce reliance on the U.S. dollar and challenge the geopolitical sway it […]

Asia Community Emerging Markets Headlines International Morocco

Morocco & India strengthen naval cooperation ties

The three-day visit paid lately by India Navy’s stealth frigate INS Tamal to the Casablanca port underlines the growing strategic and defense cooperation between India and Morocco. INS Tamal is the third Indian Naval Ship in the last two years to visit Casablanca. During the port call, the crew of INS Tamal participated in a […]

Business Emerging Markets Headlines Morocco

Morocco’s car sales surge 38% through July

Morocco’s automotive market experienced robust growth in July 2025, with new vehicle sales climbing 38.6% year-over-year to nearly 20,000 units, according to the Association of Vehicle Importers in Morocco (AIVAM). The impressive performance was driven by strong rebounds across both passenger vehicles (VP) and light commercial vehicles (VUL). Passenger car sales jumped 39.4%, while commercial […]

Business Emerging Markets Headlines Morocco

Morocco implements major defense trade reforms

Morocco’s Customs and Indirect Taxes Administration has unveiled comprehensive regulations governing defense materials, weapons, and ammunition trade, establishing strict frameworks while facilitating essential commercial flows for the national defense industry. The new circular, based on Law 10-20 of 2020, creates three distinct material categories with specific regulatory requirements. Category A covers exclusively military equipment including […]

Business Features Finance Headlines

Private lenders, not China, dominate debt repayments from poorer nations — study

Lower-income countries are paying private creditors nearly three times more than they repay China, according to new research by UK-based advocacy group Debt Justice, challenging dominant narratives around global debt. Between 2020 and 2025, 39% of the $354 billion in external debt repayments from 88 low-income countries and small island states will go to private […]

Asia Business Emerging Markets Headlines International Morocco

Bollywood: Morocco hosts shooting of Indian blockbuster “Captain India”

Morocco continues to attract international movie-makers and producers for shooting their blockbusters which enable the country to boost its tourism and enhance the Nation branding. According to press reports, “Captain India” is starring actor Kartik Aaryan and directed by Shimit Amin. The movie is scheduled to begin filming in India and Morocco in March 2026, […]

Emerging Markets Finance Headlines Morocco

Morocco’s tax revenues surge 19.1% in first half of 2025

Morocco’s tax revenues rose by 19.1% in the first half of 2025, reaching 186.34 billion dirhams (MMDH), driven primarily by corporate income tax (IS) receipts, which soared 34.7% to 55.98 MMDH. This increase is largely attributed to payments linked to the 2024 fiscal year, the reference year for provisional installments. The rise comes despite a […]

Africa Americas Business Emerging Markets Headlines International Morocco

Two Moroccan startups shortlisted for Visa Africa Fintech Accelerator

Two Moroccan fintech startups, Woliz and Hsabati, have been selected for the fourth Visa Africa Fintech Accelerator program launched by the American giant in digital payments to help startups fast-track their growth and impact. Woliz is a fintech ecosystem transforming nano-stores into digital hubs with loyalty rewards, payments, and AI-driven operations. Hsabati is a platform […]

Business Features Finance Headlines

S.Africa slams U.S. tariffs as ‘desperate empire’s last kicks’ amid wider African pushback

South African Mineral Resources Minister Gwede Mantashe has sharply criticized the 30% tariffs imposed by the U.S. on South African exports, calling them a symptom of a “declining empire” lashing out in desperation. “The danger with the US imposing the 30% tariffs is that it is the kicking of a declining empire,” Mantashe told industry […]