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FINANCE & ECONOMY

February 18, 2019

Sharp decline in black ownership rankles the dti

JOHANNESBURG – The Department of Trade and Industry (dti) has criticised the sharp decline in black ownership in the country’s major economic sectors, charging that slow transformation had instead increased.

The"...

February 18, 2019

Amplats earnings soar 95 percent in year to December

JOHANNESBURG – Anglo American Platinum on Monday reported a 95 percent surge in headline earnings per share to 28.93 cents in the year to December.

Earnings before interest, taxes, depreciation, and amortization"...

February 18, 2019

South Africa: re-negotiation with independent power producers to help Eskom

NEWSROOM 9ADV0 – South Africa wants to talk to independent power producers (IPPs) about lowering the price Eskom pays for electricity from older renewable energy projects, a senior minister told Reuters, as the state utility struggles to emerge from a financial crisis.

Eskom"...

February 18, 2019

Funding to Sahara under Title III Should be Carried Out Through and with Permission of Morocco, US Expert

Washington - Funding allocated to Morocco's southern provinces, under title III of the appropriation act, promulgated Friday by president Donald Trump, should be carried out through and with the permission of Morocco, said Thomas Hill, MENA expert at the United States Institute of Peace"...

February 18, 2019

IMF, WBG Reiterate Commitment to Partnership with Morocco

Rabat – On Friday, high representative of the World Bank Group (WBG) and the International Monetary Fund (IMF) concluded their official trip to Morocco to prepare for their annual meetings which will take place in Marrakech in October 2021.

The"...

February 18, 2019

Morocco, Spain to Launch Railway Line

Morocco and Spain are studying the possibility to connect between the two countries through a continental railway line.

In an interview with Anadolu Agency, Morocco’s Secretary of State for Transport Najib"...

February 17, 2019

Morocco-Spain railway to be launched ‘soon’

A railway line between Morocco and Spain could be launched soon, Morocco’s Transport State Secretary announced yesterday.

Speaking in an interview with Anadolu, Mohamed Najib Boulif said that the continental"...

February 17, 2019

Morocco Takes Special Interest in Cooperation with IMF and WB, Head of Govt.

Rabat - Head of the government Saad Dine El Otmani underlined the special interest Morocco takes in reinforcing cooperation with the International Monetary Fund (IMF) and the World Bank (WB).

Morocco takes special"...

February 17, 2019

Morocco’s Contractual Teachers to Protest Against Contract Extension

Rabat – The Moroccan National Coordination of Teachers “forced into contractual teaching,” (CNPCC), is urging contractual teachers to organize a march on February 20, to protest their situation.

After"...

February 17, 2019

Moroccan Donates MAD 12 Million to Build Schools in Casablanca Region

Rabat – The Directorate of the Ministry of Education in Settat, the Casablanca-Settat regional prefecture, and Najiya Nadir signed two partnership agreements on Friday after Nadir donated MAD 12 million to build a number of schools in the region.

Thanks"...

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