Emerging Markets Headlines Morocco

Morocco: Loss-of-job indemnities exceed $200 million since 2020 amid reform delays

Morocco’s unemployment indemnities have surpassed 2 billion dirhams ($200 million) since 2020, reaching 2.085 billion dirhams through October 1, 2025, according to National Social Security Fund data. This escalating cost reflects both increasing number of beneficiaries and rising average payment amounts, highlighting growing employment precarity concerns. New beneficiaries declined slightly to 22,003 in 2021 before […]

Africa Business International

Gabon: Employers request control of the private pension fund

Henri Claude Oyima, head of Gabon’s private bosses indicated Monday that the country’s struggling National Social Security Fund, CNSS, should be managed by the private sector per recommendations of Inter-African Conference on Social Security (CIPRES). “We are the ones who pay, we think that we have to manage this institution and that the State must […]

Editorials Headlines Morocco Opinions

Backlash in Morocco against two Islamist ministers for socially failing their employees

Two ministers from the Islamist PJD party are facing fierce criticism by the Moroccan political class and the media for their failure to register the employees in their attorney offices with the social security fund. Mustapha Ramid, Minister of state in charge of human rights, admitted wrongdoing but said his intention was good. A letter […]

Finance Headlines Maghreb Morocco

Covid-19: Morocco to start paying compensations to the unemployed

Moroccan pension fund CNSS will start distributing a monthly compensation to the people who lost their jobs due to the consequences of coronavirus. Since Morocco imposed a quarantine and banned all travel, many employees of the tourism sector, services and non-essential sectors lost their jobs or were unpaid. The economic monitoring committee said the people […]

Features Headlines Tunisia

Tunisia Planning to Raise Retirement Age

The Tunisian government announced earlier last week that it was planning to increase retirement age to 62. Then, on Friday (28 March), Rachid Barouni was named the chief of the country’s national social security fund (CNSS). Mr Barouni is assuming this position amidst controversy over the planned reform of retirement policy. The proposed plan aims […]

Headlines Morocco

Morocco moves to institute unemployment benefits

Moroccan authorities, the employers’ association, CGEM, trade unions and the social security fund, CNSS, have finally agreed to institute unemployment benefits to ease the strain of the global financial crisis that is sparing no country. The project to set up such an allowance was first tabled some 12 years ago but several obstacles have so […]