MEDI1TV Afrique : JT Economie - 05/12/2024
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00:00Hello and welcome to your Economic Bulletin on Média1.
00:11Right away, the main news.
00:14We start in Morocco, where COSUMAR is showing a good dynamic
00:17for the third quarter of 2024.
00:19The company is indeed showing a consolidated turnover in Nousse.
00:23This period has been marked by the industrial service
00:26of the refinery of Sidi Ben Nour for a capacity of 500,000 tonnes,
00:30thus bringing the group's capacity in white sugar to 2.5 million tonnes.
00:34At the level of the net debt of the group,
00:36it is established at more than 1.82 billion dirhams at the end of September 2024,
00:41against more than 1.45 billion dirhams at the end of December 2023.
00:45Concerning the accounted investments at the end of September 2024,
00:49they are at 135 million dirhams.
00:53We stay in the Kingdom, where the revenues of the listed companies
00:56are at an increase of 4.7% at the end of September 2024.
01:00The aggregate turnover of the listed companies at the Casablanca stock exchange
01:04totals 230 billion dirhams at the end of September 2024,
01:07specifies BMCI Capital Global Research.
01:10According to BMCE's calculations,
01:12this performance is due to a notable increase of 11.5%
01:16of the net bank product of the financiers
01:18and a slight improvement of 1.9% of the revenues of the industries.
01:22The PNB of the financiers rises to 69.6 billion dirhams,
01:26at an increase of 11.5%
01:28thanks to an increase of 5.1% of the interest margin,
01:32reaching 41.3 billion dirhams,
01:35supported by a drop in the director's rate
01:37and a favourable commercial dynamic.
01:39The result on the market operation has experienced a 47.6% bounce,
01:43establishing itself at 12.2 billion dirhams,
01:46simulated by the monetary softening initiated by Banque del Marib.
01:49For its part,
01:50the commission margin has increased by 5.7%,
01:54totaling 12 billion dirhams,
01:56with a notable contribution from Atijari Wafa Bank,
01:59with more than 159 million dirhams.
02:02In international news,
02:04China confirms its exit from deflation.
02:06Indeed, according to official figures published on Saturday,
02:09consumption prices increased by 0.3% in April over a year,
02:14for the third consecutive month.
02:17China's April inflation is also higher than expected
02:20from the analysis conducted by Bloomberg,
02:23which predicted 0.2%.
02:25It also exceeds the 0.1% observed in March.
02:29And as a reminder, the Chinese executive set itself in 2024
02:32an inflation target of around 3%,
02:35the same as last year.
02:37In February last year,
02:38China began to exit its deflationary cycle,
02:42a first in six months.
02:43Consumption prices increased by 0.7% over a year,
02:47a trend driven by a notable increase
02:49in products related to education, culture and entertainment,
02:53with 3.9% in February,
02:55but also in services, 3%
02:57and clothing, 1.6%.
03:00Direction Turkey, where consumption prices
03:03increased at a faster pace than expected in November,
03:06thus reducing the expectations
03:07that the central bank could start reducing interest rates in December.
03:12Annual inflation slowed to 47.1% in November
03:15compared to 48.6% in the previous month,
03:18a figure higher than the median estimate of 46.6%
03:22according to a Bloomberg survey
03:24published by analysts on Tuesday, December 3, 2024.
03:28On a monthly basis,
03:29the central bank's favorite index,
03:31prices increased by 2.24%
03:34compared to 2.88% in October,
03:36announced Tuesday by TurkState,
03:38the median estimate of a distinct survey
03:40conducted by Bloomberg with economists
03:43was 1.92%.
03:45Note that the next decision
03:47of the Turkish Central Bank on interest rates
03:49is scheduled for December 26.
03:52And finally for Clore,
03:53your economic capsule
03:54caps on Ghana,
03:55where inflation of consumption prices
03:57increased for the third consecutive month in November,
04:00going from 22.1% in October
04:02to 23.0% in annual slides,
04:05announced Wednesday by Statistics.
04:08Last week,
04:09the Central Bank of Ghana maintained
04:11its main interest rate at 27%,
04:13let's say the high prices of food stocks,
04:15among the reasons why it saw
04:17a high profile of inflation.
04:19The gold and cocoa producer
04:20of West Africa
04:21is fighting to get out of the worst economic crisis
04:24it has experienced for a generation.
04:26The International Monetary Fund
04:28approved on Monday
04:29the third revision of the program
04:30of nearly $3 billion from Ghana,
04:32unlocking an immediate reimbursement
04:34of about $360 million.
04:37This was the essential news of the economic news,
04:40follow the programs on our antennas.