Latest financial market news
| MOROCCO | MUTANDIS | Consolidated revenue down 7% in H1 2025
In Q2 2025, Mutandis' consolidated revenue stood at MAD 450 Mn, down 8.9% year-on-year. At the end of June 2025, this recorded a decrease of 6.5% to MAD 902 Mn.
| MOROCCO | DISWAY | Consolidated revenue up 13% in H1 2025
In Q2 2025, Disway's consolidated revenue rose by 33.7% to MAD 540 Mn compared to MAD 404 Mn in Q2 2024. In H1 2025, it recorded an increase of 13.1% to MAD 952 Mn.
| MOROCCO | VICENNE | Best financière crossed downwards the 33.33% threshold in Vicenne capital
According to AMMC, Best financière sold on the block market on July 16th 2025, 547,813 Vicenne shares, at the price of MAD 236 per share thus crossing directly downwards the participation threshold of 33.33% in the company’s capital. As a result of this operation, Best financière holds 3,018,699 shares, representing 29.42% of Vicenne’s par capital.
Within the six months following this transaction, Best financière intends to stop its sales on Vicenne.
Economic news
| MOROCCO | UNEMPLOYMENT | An unemployment rate of 12.8% in Q2 2025
According to HCP, the unemployment rate in Morocco stood at 12.8% in Q2 2025 against 13.1% during the same period of the previous year. In more detail, the unemployment rate declined from 16.7% to 16.4% in urban areas and from 6.7% to 6.2% in rural areas.
| MOROCCO | CEMENT | Sales up 11% at the end of July 2025
In July 2025, cement sales reached 1,398,932 tons, recording an increase of 17.7% compared to the same period of the previous year. Thus, the cement consumption at the end of July 2025 rose by 11.0% to 8,289,226 tons.
| TUNISIA | MONETARY POLICY | The Central Bank keeps the key rate unchanged at 7.5%
Following its monetary policy meeting held on July 30th 2025, the Central Bank of Tunisia (BCT) decided to keep the key rate unchanged at 7.5%.
