
Maroc Telecom Slashes Merchant Commissions, Sparking Labor Union Outrage
The Moroccan Union of Labor (UMT) is outraged by the decision of Itissalat Al-Maghrib (IAM-Maroc Telecom) to reduce the profit margin of merchants on recharge cards.

The Moroccan Union of Labor (UMT) is outraged by the decision of Itissalat Al-Maghrib (IAM-Maroc Telecom) to reduce the profit margin of merchants on recharge cards.

After ending its partnership with the Société des boissons du Maroc (SBM), the Moroccan subsidiary of the French Castel group, the Dutch giant Heineken has found its new exclusive distributor.

After a period of increases of 8 and 15 cents for diesel and gasoline, recorded on April 16 in service stations, fuel prices should see a drop for the delight of Moroccan motorists.

In a short time, the Egyptian group Kazyon, specialized in the small distribution format of consumer products, is accelerating its activities in Morocco to the point of shaking up its direct competitor, the Turkish BIM Stores.

In Morocco, the British company specializing in gas exploration, Chariot Oil & Gas, is active in the commercialization of its natural gas extracted from the exploration wells of the Anchois and Loukkos gas fields in the Gharb basin.

This period seems difficult for specialty retail stores present in Rabat, more specifically at Arribat Center, the largest shopping mall with 45,000 m² of rental space on three levels. As evidenced by the series of closures.

Pelemix, an Israeli company specializing in the manufacture and marketing of coconut fiber as a growing medium, is conquering the Moroccan market. In this regard, it has signed an exclusive distribution agreement with EarthSense Morocco, an innovative provider of agri-food services and products, in Morocco.

Afriquia Gaz, the Moroccan leader in the distribution of liquefied petroleum gas, butane and propane, is pursuing its expansion policy. The group is preparing to acquire the Mauritanian subsidiary of the French energy group TotalEnergies .

The Moroccan group Kitea , specialized in furniture and decoration, announced the acquisition of a majority stake in the Kenyan furniture and home accessories distribution chain, Furniture Palace.

In Morocco, some 400 tea brands are marketed by about a hundred operators. The most important ones are "Sebaa" and the Moroccan tea brand "Sultan".

The Autorité des marchés financiers (AMF) has fined Diana Holding, Morocco’s leading agri-food group, and its president Rita Maria Zniber, both shareholders of Marie Brizard Wine & Spirits (MBWS), for insider trading. Sanctions have also been imposed on other shareholders.

Morocco is facing a difficult equation to solve: the control of the trade in donkey and dog meat . This emerges from the response of the delegate minister to the Minister of the Interior, Noureddine Boutayeb, to a question from the councilor and head of the Istiqlal parliamentary group in the second chamber, Abdeslam Lebbar.