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News: Headlines from the Moroccan Press: Wednesday, March 13, 2019

AL BAYANE
One dead and 11 wounded, the aggressor neutralized:
A scene worthy of an American thriller! In Guelmim, a 46-year-old man using his own shotgun killed one person in cold blood and wounded 11 others, according to a report released by the provincial safety district. The tragedy took place in the evening of Monday and precisely in the Tagna district. The toll could have been higher. Fortunately, there was an intervention by the security forces to avoid the worst. The culprit had previously resided in the Netherlands before deciding to return to the country for reasons hitherto unknown...

SOMACA: Renault acquires 20% of PSA:
The Renault group has announced the acquisition of PSA's 20% stake in SOMACA, the Renault plant in Casablanca. This purchase was made under an agreement signed between Renault and PSA, a press release said. Renault continues to affirm its commitment to the development of the Kingdom's automotive industry, stresses the same source, adding that Morocco is now more than ever positioned as a production and export base for the Global Access range with its sites in Casablanca and Langer...


AUJOURD'HUI LE MAROC
Personal property security: The Executive is already looking at Doing Business 2020:
This Thursday's Government Council will examine a draft law on personal property security. This is a long-awaited reform that should enable the country to improve its ranking in the next Doing Business. According to the officials, the change in the framework for personal property security was part of a process aimed at improving the business climate and the life of the company so that it would be able to fulfil its role in development and wealth creation. The text is the result of work by several ministerial departments, including the Ministry of Justice, the General Secretariat of the Government, as well as the Ministries of Economy and Finance, and Industry, Investment, Trade and the Digital Economy, and is part of a more comprehensive reform initiated two years ago, including the amendment of Book V of the Commercial Code and the reform of the CRI (Regional Investment Centres)...

Morocco-Quebec: A partnership in the making and with strong potential:
Traditionally oriented towards partner countries in the region, particularly Europe and Africa more recently, for historical and geographical reasons, Morocco would probably benefit from exploring new areas and new avenues of partnership that could prove equally beneficial and enriching. In recent years, some countries have become increasingly present on the Moroccan agenda in terms of external relations, such as Russia, China and India. Canada and more particularly the province of Quebec are among these new destinations with which Morocco could develop interesting and high-potential relationships...


LE MATIN DU SAHARA
Morocco/United States Cooperation: Up to 9,000 beneficiaries of the employment program through results-based funding:
The Millennium Challenge Account Morocco Agency organised yesterday in Rabat an information day on the launch of the call for projects for the selection of potential candidates with projects within the framework of the Employment through Results-Based Financing (EBF) programme. This new $10 million program will run for three years and will benefit a population of between 6,000 and 9,000 people looking for work...

The EIB supports the CGC's Small Business Act:
The Central Guarantee Fund is strengthening its partnership with the European Investment Bank (EIB) for the benefit of SMEs. On March 11, the two parties signed a memorandum of understanding in Rabat to establish a cooperation framework for the financing of very small, small and medium-sized enterprises (VSMEs). This collaboration mainly targets Moroccan companies with high added value and those operating in the green economy. The EIB also intends to support the CCG in the deployment of its new product offer through a range of appropriate tools including financing, risk sharing and technical support...


LES INSPIRATIONS ÉCO
Employability. The new role of intermediation:
The call for proposals for the results-based funding (EBF) employment program is now open. An information meeting was organised on Tuesday in Rabat. It should be noted that another meeting is scheduled for the end of March in Marrakech. Objective: to communicate on the employability opportunities that this program offers, especially for women and young people in long-term unemployment. With a budget of $10 million funded by the Millennium Challenge Corporation under Compact II, which came into effect in June 2017, this is a new approach based on intermediation...

Trade unionist diktat:
Trade unionism, noble and necessary for equity, as it has been conceived since the eighteenth century, is a completely different story for us. Let's start at the end. A manager of an agri-food entity, concerned about investment in his country and developing the ambition to build a large integrated group, buys a structure in difficulty and whose staff is exposed to a social plan. He invested heavily in it and started the machine again. Except that its profitability and productivity plans are facing a block of three trade union centres that are taking the plant hostage...


L'ECONOMISTE
Right of access to information: Censorship already there:
It is an anecdote that says a lot about the dominant practice. The Competition Council was the first victim of information retention. Under the pretext of "confidentiality", the Ministry Delegate for General Affairs refused the regulator access to the study on which the liberalisation of hydrocarbon prices was based. Yet the government has asked it for its opinion on this same issue...

Rafale profits waming:
The market has just broken a sad record. Eighteen listed companies have already warned about the 2018 results, which will be worse than expected, i.e. one in four companies. They represent 3.4 billion dirhams of profits, i.e. a little more than 10% of the total profit of the Casablanca Square. In the profit warnings published so far, seven (Wafa Assurance, Saham Assurance, Addoha, Société des Boissons du Maroc, Centrale Danone, Oulmès and Lesieur Cristal) will significantly impact the market performance in 2018...


LIBERATION
The school's closed-door days:
Faced with the deadlock in the dialogue between the Ministry of Education and the education unions, the Head of Government, Saâd Eddine El Othmani, urged Said Amzazi last week to engage in a dialogue with the unions in the presence of contract teachers. "I have asked the Minister of National Education to conduct, from this Saturday, a dialogue with the education unions in the presence of these teachers, and to ensure that as many demands as possible are met, as part of the promises made to reform the status of these educational frameworks and correct the dysfunctions that affect them," said Saâd Eddine El Otmani...

After the euphoria, the doubt remains in Algeria:
After the euphoria, the doubt. Algerians were wondering on Tuesday about the postponement of the April presidential election, which de facto extends the mandate of President Abdelaziz Bouteflika, the target of a new challenge in 20 years of power. While the president announced on Monday that he would not run for a fifth term, as millions of demonstrators had asked him to do, he assured himself that he would remain in office until the presidential elections were postponed to a date that remains unknown. He thus extends his 4th mandate, which has become the challenge of continuing demonstrations according to opponents...