The National Office of Electricity and Drinking Water (ONEE) is hit hard by the coronavirus. The company recorded a worrying 15.5% drop in electricity consumption as of March 31.
After experiencing strong speculation, the prices of the majority of products have been on a downward trend this week compared to the previous week. On Thursday, the inter-ministerial commission responsible for monitoring supply, prices and price and quality control operations was pleased with this drop, which will allow the population to stock up without stress.
Many Moroccans have stormed the stores of distribution chains to stock up on sufficient consumer products before a lockdown is declared. The fear of the coronavirus is very present.
Unhappy with the closure of several slaughterhouses deemed non-compliant, many butchers are on strike. Immediate consequence: the kg of meat is now sold at 90 DH by some butchers.
The tobacco market generated 11.34 billion DH at the end of 2019, compared to a forecast of 11.05 billion DH in the 2019 Finance Act; this represents a slight additional profit margin of 300 million DH.
Several months after the launch of its transformation plan, Marjane Market has unveiled its new communication campaign, revealing several new features retained to satisfy customers.
A new tax on non-alcoholic beverages and fruit juices has been in effect since the beginning of the year. The objective is to encourage Moroccans to reduce their consumption, in order to preserve their health.
The average annual consumption of olive oil does not exceed 3 liters per capita in the kingdom.
The hookah divides cafe owners, residents and local authorities due to the legal uncertainty around its consumption and marketing.
Poultry meat prices have seen a sharp increase in supermarkets in Casablanca , just days before the end of year celebrations.
In Morocco, consumer prices increased by 0.4%, according to a provisional estimate published by the High Commission for Planning (HCP). Let’s look at the figures in detail for the main cities.
Contrary to what had been announced, the Domestic Consumption Tax (TIC) is still set at 900 DH/hectolitre while the specific tax is maintained at 1DH/litre for bars. The VAT applied to cafes, on the other hand, has been reduced to 10%.