African Markets Review 10 19 18
- In Morocco, the Government Council adopted the 2019 Finance Bill draft which forecasts a growth of 3.2% in 2019, according to the business press...
- ...And, maintaining of the corporate tax rate at 31% for profits above MAD 1m with a decrease to 17.7% for profits between MAD 300k and MAD 1m;
- The Tunisian ATTIJARI LEASING released its financial results as of 09/30/2018 with a net banking income down by 8.9% to TND 13.6m, according to the business press;
- In Togo, major road maintenance works are planned in the country, as part of the 2019-2021 campaigns of the Ministry of Infrastructure and Transport, and should cover 267.5 km of paved national roads in three economic regions, according to the business press;
- Among the African markets, the Tanzanian stock market recorded the highest daily performance (+1.77%), while the Egyptian recorded the lowest one (-1.24%).
BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.
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