VOL. XL No. 185-May-1997


Morocco To Sell Majority Stake In OilRefineries

Meanwhile, the Privatization Ministry has alsoannounced that it will float up to 20% of its minority stake in Imiter SilverMines on the Casablanca Stock Exchange in May, worth Dh650mn ($68.4m). Accordingto the Arabic daily al-Hayat, the state also announced the sale of its 26% sharein the lead mining firm Zellidja for Dh39mn ($4.1mn).