Morning Brief September 13th 2024

FINANCIAL MARKETS HEADLINES

| MOROCCO | SANLAM MAROC | Net income up 11% in H1 2024
| MOROCCO | DELTA HOLDING | NIGS up 81% in H1 2024
| MOROCCO | TAQA MOROCCO | NIGS up 15% in H1 2024

| MOROCCO | IMMORENTE INVEST | Payment schedule of the 3rd and 4th quarterly DPS in 2024
In a press release, Immorente Invest announces the schedule adopted for the payment of the 3rd and the 4th quarterly DPS during
the year 2024. This is as follows:
 3rd quarterly DPS:
 Amount: MAD 1 /share;
 Ex-dividend date: September 19th 2024;
 Payment date : September 30th 2024.
 4th quarterly DPS:
 Amount: MAD 1 /share;
 Payment date: December 20th 2024.

ECONOMIC HEADLINES

| WAEMU | GDP | BCEAO forecasts a growth rate of 5.9% in 2024

Following its monetary policy meeting, BCEAO revised downward its 2024 growth forecasts for the WAEMU region to 5.9% against 6.1% released in last June.
As for inflation, BCEAO forecasts an inflation rate of 3.7% in 2024, stable compared to 2023. In 2025, the Central Bank expects a return of inflation to the community target zone between 1% to 3%.

 

Read more.