Rabat, Morocco (TMT)- According to a recent study performed by leading insurance company Euler Hermes, Morocco will witness this year an increase of 15% in the number of Moroccan companies that go bankrupt.
The company said that South Africa will also see an increase of 10% in this regard.
According to said report, most, if not all, emerging economies around the world will see a spurge in the number of companies that go bankrupt, chiefly due to the ongoing tumble of the Yuan, China’s currency.
The Moroccan Times.
