La Vie Eco Presse

Created in 1957 by Marcel Herzog, La Vie Eco Presse was founded to be the editing company of Morocco’s historical business and financial news print outlet La Vie Eco. In 1994, it was reacquired by French press magnate Jean-Louis Servan-Schreiber, close to Royal Advisor André Azoulay and Fouad Filali, King Hassan II’s ex-son in law and former Director of Royal Holding Group SNI/ONA.

In 1997, the company was sold again and has now a capital structure involving key players of Morocco’s economy. Current political figure Aziz Akhannouch and owner of mastodonte holding group AKWA is present in the capital structure through both a subsidiary of his holding group as well as through the holding. The companies SOFIMA and OFIMAR, own 5% each of the company, while Doumalliances - owned in majority by businessman Karim Tazi - and SOCOGES are each respectively at 1.11% and 2.77%.

 

Futhermore, in its supervisory board, and holder of 1 symbolic share, we find another current minister, member of government and owner of Saham Group - one of the top ten financial/insurance groups in the country - Moulay Hafid Elalamy. Alongside him, representing GD Capital, we find Jamal Chaqroun, spouse to Meriem Bensalah, businesswoman and President of the CGEM, who owns a symbolic share in a competitive paper: L’Economiste.

 

OFIMAR, 5%

CAPITAL FINANCE, 0.005%

Iraqui Housseini Youssef , 0.005%

AFRIQUIA, 0.005%

Guennoun Youssef, 0.005%

Akhannouch Aziz, 0.005%

Moulay Hafid Elalamy, 0.005%

Ammor Fatima Zahra, 0.005%

DOUMALIANCE, 1.11%

SOCOGES, 2.77%

 

Key facts

Business Form

Private

Legal Form

Public Limited Company with a Management Board and a Supervisory Board

Ownership

Caractères

Caractères is a subsidiary media company of the holding group Akwa, ownership of Moroccan billionaire and current Minister of Agriculture, Aziz Akhannouch.

53.9%
Media Outlets
Other Media Outlets

Other Print Outlets

La Vie Eco

Facts

General Information

Founding Year

1956

Founder

Marcel Herzog

Affiliated Interests Founder

Herzog was a French press owner.

Employees

MD

Contact

Bd Abdellah Ben Yacine

Casablanca, Morocco

Tax/ ID Number

25817

Financial Information

Revenue (Financial Data/ Optional)

3.1

Operating Profit (in Mill. $)

0.25

Advertising (in % of total funding)

MD

Management

Non-Executive Board

Khalid BAZID
Saâd BENMANSOUR
Youssef IRAQI HOUSSEINI
Saâd BENMANSOUR

Supervisory Board

Majid EL YACOUBI
Moulay Hafid EL ALAMI
Ali WAKRIM
Youssef IRAQI HOUSSEINI
Société SMYA represented by Mohammed Youssef ALAOUI
Société CAPITAL FINANCE represented by Kamil OUAZZANI
Société CARACTERES represented by Youssef IRAQI HOUSSEINI
Société GD HOLDING represented by Jamal CHAQROUN
Société OFIMAR represented by Omar SLAOUI
Société SOFIMA represented by Ali Chakib

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data


Latest publicly available data on capital division dates back to 2008.

Latest available revenue and operating profit dates back to 2014.

The data publicly available online regarding the members of the directory and supervision boards was confirmed by an update of statutes obtained from the Tribunal of Commerce following a request.

No updated data were obtained from the tribunal regarding the division of capital.

  • Project by
    Le Desk
  •  
    Reporters without borders
  • Funded by
    BMZ