African Markets Review 12 13 18
- In Morocco, projections for growth in 2019 lowered to 3.6% against 3.8% previously, according to the CENTRE MAROCAIN DE CONJONTURE;
- In Tunisia, increase in corporate tax from 25% to 35% for car dealers and exporting companies and postponement of the rise in corporate tax for supermarkets till 2020;
- The Ivoirian Government signed a convention worth USD 50m (about XOF 28.9bn) with the province of Yunnan in China, for the construction of a "Recreation House" in the commune of Port-Bouët in Abidjan to facilitate the empowerment of Ivorian women;
- During the last session, the Egyptian stock market recorded the highest daily performance (+1.52%), while the Moroccan stock exchange recorded the lowest one (-0.59%).
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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