In Morocco, the bankruptcy of the legendary tour operator (TO), Thomas Cook , is not without consequences for the many travel agencies and hoteliers. Proof of this, a crisis meeting was even held.
Several Moroccan very small enterprises (VSEs) are facing cash flow difficulties, following the refusal of payment by certain Saudi groups. They will have to pay royalties estimated at nearly 15 million dirhams to avoid late payment penalties and sanctions from the Commercial Court.
After 11 years of existence, Lexmark International has just ended its activities in Morocco. Officially, it is a question of rationalizing costs, losing the market and budget cuts.