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Lekjaa leaves door open to further tax increases on luxury cars
Speaking on 2M’s “Saât Assaraha,” the Economy and Finance Minister defended the tax hikes proposed in the 2027 Finance Bill, saying further increases in registration duties on luxury cars remain possible if their numbers continue to rise.
World Cup 2030: Are Morocco’s planned tax breaks for FIFA standard practice?
The 2027 Finance Bill proposes a range of tax exemptions for FIFA and other parties involved in the 2030 World Cup, following precedents set by South Africa, Brazil, Russia and Qatar. Morocco, however, is considering more far-reaching benefits, particularly in how long they would remain in force. The United States has taken a different approach to the 2026 tournament.
Why do African households pay more taxes while the super-rich escape wealth taxation?
Burdened by debt and the need to fund public services, African governments continue to rely heavily on consumption taxes for revenue. Taxes on goods and services accounted for 51.2% of tax revenues across the 38 countries studied in 2023. Meanwhile, taxes on wealth generated an average of just 0.3% of GDP, reflecting an imbalance driven by informality and the ease of tax collection, but one that places a proportionally heavier burden on low-income households than on the holders of large fortunes.
Fuel prices: Africa’s 10 most and least expensive countries
The price of crude oil continues to seesaw amid tensions in the Middle East and statements by U.S. President Donald Trump. As fuel prices are partly tied to the cost of crude, pump prices remain generally high. In Africa, taxes, which provide significant revenue for public finances, also weigh heavily on fuel prices.
Trump suspends tariffs on Moroccan phosphate fertilizers
U.S. President Donald J. Trump signed a proclamation on June 29, 2026, declaring a national emergency over fertilizer shortages threatening the country’s food security. The move temporarily suspends anti-dumping and countervailing duties on phosphate fertilizer imports from Morocco for eight months.