In Morocco, casinos are being hunted down The Moroccan Interior Minister, Abdelouafi Laftit, announced a strengthening of measures to control casinos and gaming platforms in order to combat money laundering. This decision follows suspicions expressed by the National Financial Intelligence Authority (ANRF) and the Financial Intelligence Unit (FIU) concerning the origin and destination of funds […]
Income tax in Morocco: changes that do not please everyone Parliament approved the reform of theincome tax (IR)without modification of the initially proposed scale. The amendments proposed by different parliamentary groups were rejected. Concretely, this reform, with a total cost of 5.2 billion dirhams, provides in particular an exemption from IR for salaries below 6,000 […]
Air Algérie loses its battle against Royal Air Maroc Air Algeria encounters difficulties in establishing itself in the face of competition from Royal Air Maroc on the African market. Despite a larger fleet and an ambitious expansion strategy, the Algerian company is struggling to fill its flights to certain key destinations. In order to compete […]
In Morocco, the “Moul Lhanout”, much more than neighborhood grocers Ryad Mezzour, Minister of Industry and Commerce, underlined the crucial role of small traders, the famous “ Moul Lhanout » in Morocco, during an oral question session in parliament. According to the government official, these merchants, who represent 80% of the country’s points of sale, […]
Change for self-employed status in Morocco The status ofself-employed in Moroccois the subject of debate in Parliament. At issue is the fragile balance between administrative simplification and the fight against tax abuses. Thus, the turnover threshold triggering a discharge rate of 30% for services provided with the same client could be revised upwards. Currently set […]
Morocco launches into the manufacture of train sets The National Railway Office (ONCF) has launched a call for expressions of interest from manufacturers of railway rolling stock. Objective: build a train set manufacturing factory in Morocco. The announcement was made by the Minister of Transport and Logistics, Abdessamad Kayouh, on November 11 before the House […]
Satellite Internet: imminent arrival of Starlink? From 2025, Moroccans could have access to satellite internet thanks to Starlink and OneWeb. The ANRT, the telecommunications regulatory authority in Morocco, is considering granting licenses to these two companies. The objective? Improve internet coverage and connection quality, particularly in remote areas where the installation of terrestrial networks is […]
The Moroccan dirham falls against the euro The Moroccan dirham depreciated by 0.12% against the euro and appreciated by 0.34% against the US dollar during the period from October 31 to November 5, according to Al-Maghrib Bank (BAM). During this period, no auction operations were carried out on the foreign exchange market, BAM reports in […]
Royal Air Maroc overbooking denounced The airline Royal Air Maroc (RAM) is once again at the heart of a controversy. This time, it’s Moroccan actress Sahar Seddiki who steps up to the plate. Victim of overbooking on a flight to Oujda, she decided to share her indignation on social networks. In a live video on […]
New for watermelon cultivation in Morocco The governor of Zagora province, Morocco, recently made a decision to regulate the cultivation of red watermelon and yellow, in order to preserve water resources. This measure, which restricts cultivable areas and prohibits cultivation in certain areas, comes after significant rainfall and flooding which replenished the water table and […]