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WORLD NEWS

 

WEEK ENDED MARCH 10, 2001 - 102nd ISSUE

ALGERIA'S REFORMISTS GAIN CONTROL OF SONATRACH AND CENTRAL BANK

Sonatrach's CEO
Abdelhaq Bouhafs
I- CEO Bouhafs, 1st. Victim of Disagreements Over Petroleum Sector Liberalization
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II- Algeria's Central Bank Loses its "Independence"
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BUSINESS AND THE ECONOMY

Moroccan Economy
CMC PREDICTS STRONG ECONOMIC GROWTH IN 2001, BUT CRITICIZES GOVERNMENT
The private and independent economic think-tank CMC (Centre Marocain de Conjoncture) celebrated last week its 10th anniversary by predicting a better economic growth for the next 2 years while being critical toward the country's economic management.
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Algerian Telecommunications
Telecom Ministry Withdraws from Commercial Activity
A new telecom law has become officially effective with the decision to make a distinction between the government's mission to monitor and regulate while forcing it to withdraw from the commercial sphere of this industry.
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Moroccan Labor Market
TEMPORARY EMPLOYMENT FUELING POVERTY
Some twenty companies compete for the business of providing temporary workers. The economic and industrial environment of the country provides positive prospect for the business of temporary employment but the legal environment will continue to limit the growth of this market in the foreseeable future.
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Algeria - Energy
Second Gas Pipeline To Italy Expected
The Algerian oil and gas company Sonatrach and Italy's Edison Gas are currently discussing the possibility of building a gas pipeline that would link Algeria's producing zones to Italy's Sardinia region. If confirmed, this would be the second one after the Enricon Mattei pipeline.
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Morocco - Finance
New measures to boost T-bond market
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MORE

Algeria - Oil and Gas
Anadarko, Rosneft, and Gulf Keystone Awarded Exploration Permits
The American oil company Anadarko, Russia's Rosneft Stroytransgaz and Gulf Keystone of the United Arab Emirates were recently awarded exploration permits in Algeria.
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Investing
Upline Recommendations: Oulmes, Marlease, ONA
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Algeria's Private Sector and Economic Policy
After Decades of Exclusion Algeria's Private Corporations Seek Role in Economic Policy
Three months after its formation, the Forum of Corporate CEOs' association (Forum des chefs d'entreprises) held an important meeting last week at El-Aurassi hotel to publicly demand that its recommendations be taken in consideration by the government in an effort to launch sustainable economic growth.
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THE NORTH AFRICA JOURNAL

The North Africa Journal & Maghreb Weekly Monitor are based in Boston, MA, USA. To contact us, we highly recommend you use our email addresses first.

We can easily be reached at journal@north-africa.com regarding subscription issues or related matter

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