BUSINESS ENVIRONMENT:
Comparing Maghreb
Countries’ Business Environments
New Zealand, the United States
and Singapore are the top-3 countries that have adopted the most investor-friendly
regulations. Although these are among the most developed economies in
the world, countries do not need to be part of the list of the most
advanced nations to adopt an environment that makes the conduct of business
easy. The best example is that Botswana is among the top 20 for the
best business environment. In the Maghreb, the three main countries
have various environments, with Tunisia outranking its neighbors on
most factors. The process of starting a business in the Maghreb varies
from country to country. According to a World Bank report, Morocco has
the most simplified and streamlined process in the region and Algeria
is the most rigid of the thee Maghreb countries. Libya was no included
in the report.
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TELECOM/MARKETS:
GSM Market Heats
Up in Algeria, Prices Down
Competition in the Algerian GSM mobile phone market is heating up. Although
technical issues remain and demand exceeds supply, prices have begUn
to fall, in particular since the recent entry of a third operator. The
Algerian mobile phone market underwent important development in the
past years while the fixed telephony sector remains far behind. Major
changes occurred in 2000 with the promulgation of law 2000-03 relative
to the sector of post and telecommunications, which created the framework
within which the telephony market was to evolve. The law, which established
the rules of competition and removed the state of monopoly, and which
has long been the domain of the PTT (state postal and telecom agency),
created a post and telecom regulatory agency called Autorité de Régulation
de la Poste et des Télécommunications (ARPT).
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AGRICULTURE:
Redistribution
of State Farmland to Private Investors is Source of Fear Among Moroccan
Farmers
The Moroccan government
has identified 205 projects through which the land managed by the defunct
state-owned agricultural companies Sodea and Sogeta will be redistributed
and transformed into productive operations. Sodea and Sogeta went bankrupt
with combined debt exceeding MAD 2.38 billion. Creditors, representing
a group of banks, agreed to forgive half of the debt. A large portion
of the money was recovered through the sale of land and property owned
by the pair in urban and suburban areas. Some 1,500 hectares of land
were transferred to the housing ministry for MAD 322 million and another
1,322 hectares were sold to CDG for MAD 760 million. So far, nearly
3,500 workers of the two organizations were granted voluntary departure.
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MARKET/CONSUMER AFFAIRS:
Survey Profiles
Tunisian Consumers
A
survey conducted by the Quantitative Economy Institute of Tunisia and
commissioned by the commerce ministry provides additional insights on
the Tunisian consumer. The survey shows that 39% of the respondents
organize their shopping on the monthly basis. All of these respondents
are monthly wage earners. The overwhelming majority of the households
questioned (90%) makes most of the purchases in local grocery and specialty
stores and 89% pay in cash and avoid credit cards. However, one third
of the households say their purchase frequency is based on their day-to-day
needs as they do not have a particular schedule. But 28% say they have
a weekly schedule and some 39% use large supermarkets.
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ELECTRICITY/ENERGY:
Algerian Electricity
Firm Eyeing the European Market
Neal, the Algerian
renewable energy company established under a joint venture agreement
between oil company Sonatrach and utility firm Sonelgaz launched this
week a tender for the construction of a hybrid solar-gas based power
plant.
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BUSINESS TRENDS:
Booming
Call Center Business in Morocco
While
the debate in France about call center relocations is raging, the sector
is booming in Morocco. Help wanted advertisements can be seen in the
Moroccan press and the number of adds is growing rapidly. Call center
jobs, which include customer service reps, technical advisors, and telemarketers
are attracting thousands of university graduates to the 68 call centers
that are operational in Morocco today.
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LAW:
Central
Bank of Morocco Proposes New Anti Money Laundering Laws
The Moroccan
central bank, Bank Al-Maghrib (BAM) has endured sustained criticism
for the past two years for failing to implement measures that would
prevent money laundering and make a dent on the financing of terrorism.
In this area, Morocco appears to be behind the curve, as its neighbors
Algeria and Tunisia have already passed new legislation to line up their
laws with international norms.
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