Moroccan Airline to Reduce Workforce and Postpone Fleet Renewal Program

By Arezki Daoud

Moroccan airline RAM says its deteriorating financial position is forcing it to plan major cuts. As a result of a slowing worldwide economy and the September 11 terrorist attack in the United States, airlines worldwide have been affected by falling demand for air travel and RAM is among the multitude of airlines that have put forward plans to reduce their operating costs.
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New Taxes Seek to Address Dangers of Industrial Waste

By Arezki Daoud

Companies involved in polluting industries will soon see their tax liability increase. The Algerian state budget for 2002 will introduce three new environmental taxes that are under attack by corporate groups. The targeted industries are the manufacturing, raw material processing and health care sectors.
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Morocco to Introduce Regional Investment Bureaus: Streamlining the Process of Enterprise Creation

By Arezki Daoud

Morocco is working to improve its administration of foreign and domestic investment. It is about to open its regional investment offices scheduled to be operational before yearend.

This new initiative comes as a response to the declining volume of investments and the growing complaints from the investment community at large. Demands from investors and potential ones focus on a number of areas including the proximity of the administration, simplification of procedures, and the reduction of players in the administration.
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