Institutional Investor Launches 2023 Developed Europe and 2023 Emerging EMEA Research Rankings

BofA Securities and BNP Paribas Exane share first place as top research provider in the Developed Europe survey

BofA Securities, HSBC and J.P. Morgan share top spot in Emerging EMEA

LONDON, Sept. 12, 2023 (GLOBE NEWSWIRE) —  Institutional Investor Research (II Research) surveys are the leading provider of market sentiment in the financial industry. Research budgets remain flat and asset managers are using fewer analysts, but demand for bespoke opinion means that close client relationships and “trusted source” status becomes more important than ever before. With MiFID regulations potentially being rolled back across Europe and UK, the focus on the provision of quality research advisory services may result in a more competitive environment and we may see an increase in research teams across the industry.

There were no changes to the industry and country sector categories this year. The 2023 Developed Europe Research results reflects the opinions of 5,462 portfolio managers and analysts (up from 4,692 in 2022) from 1,813 institutions (up from 1,696 in 2022). The total number of votes has also increased from last year, by 11%. Over 180 firms have submitted centralised or coordinated votes, underscoring the robust nature of the results as an accurate reflection of market sentiment.

Results Highlights

Developed Europe Research

The Leaders’ Board remains intensely competitive, with seven companies competing for the honour of being rated best research house. BofA Securities and BNP Paribas Exane were ranked in first place, both with 38 published positions. J.P. Morgan once again follows in third place taking 31 positions with UBS achieving fourth place with 30 ranked teams. Barclays built on the momentum they gathered in 2022, gaining three published positions and rising to 5th overall; Morgan Stanley places sixth. The largest gain on the Leader’s Board came from Jefferies in seventh, which gained 10 positions from 2022. Citi, Bernstein and Kepler Cheuvreux take the final three places in the Developed Europe Top 10, displacing Credit Suisse that shared joint 11th place with Societe Generale.

BNP Paribas Exane once again claims first place in the analyst-ranked tables with 44 positions, followed by BofA Securities (41), J.P. Morgan (35 positions) and Barclays (31), which climbed two places.

Emerging EMEA Research

HSBC and J.P. Morgan were joined by BofA Securities as joint first place in the Emerging EMEA Leaders’ Table all with 17 published positions. Morgan Stanley took fourth place with 8 positions. Citi and UBS shared fifth.

In the commission-weighted analyst tables, the top three positions were unchanged; HSBC came first with 33 published positions, followed by J.P. Morgan with 22 positions and BofA Securities with 18. Morgan Stanley pushed up seven places to 15 to take fourth and UBS came fifth place with 13 positions to complete the leading winners. Vote participation up 14% this year with 934 voters from 286 companies.

David Enticknap, Head of II Research said “With MiFID regulations potentially being rolled back across Europe and UK, the focus on the provision of quality research advisory services may result in a more competitive environment, and we may see an increase in research teams across the industry. The Institutional Investor rankings represent the gold standard in assessment of quality in equity research, recognised globally for the integrity of the process and depth of coverage.”

The results can be found here: https://www.institutionalinvestor.com/research

For more information, or a demo on how to interrogate the data, contact Augusta McKie, Sales Director Research (EMEA), augusta.mckie@iiresearch.com

To share your position on your website content, advertisements, communications and marketing collateral, please contact marketing@iiresearch.com.

Media contact

David Bowen, Director of Marketing, Institutional Investor Research david.bowen@iiresearch.com

About Institutional Investor Research

For over 50 years, Institutional Investor has been conducting independent research surveys with global investment professionals who evaluate and determine the best performing sell side service providers, asset managers and CEOs, CFOs, IROs and IR Programs across Europe, Emerging EMEA, Asia Pacific, North America and Latin America. The research data independently captures evaluations of companies, investment professionals and executives from investment managers, banks, research providers and corporate issuers, to deliver detailed peer-to-peer comparative analyses every year; the feedback helps inform strategic decision making and improve resource and process management.

Follow Institutional Investor Research here https://www.linkedin.com/showcase/11222447

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Institutional Investor Launches 2023 Developed Europe & Emerging EMEA Executive Team Rankings

36 companies (Core, Large Cap & Small-Mid Cap) came first in at least five voting areas in their sectors in Developed Europe and 16 companies for Emerging EMEA

LONDON, Sept. 12, 2023 (GLOBE NEWSWIRE) — Institutional Investor Research (II Research) surveys are the leading provider of independent performance validation and market sentiment across 8 global capital markets. Executive Team surveys are an independent platform for investment and sell-side professionals to evaluate credibility, communication, financial stewardship and capital allocation of corporate leadership, the quality of IR across multiple activities and the effectiveness of the Board of Directors. The results from the survey, an in-depth capability and benchmark analysis, capture the feeling and trust levels of stakeholders in their equity assets.

This year saw 2,733 CEOs, CFOs, and IROs from 1,266 nominated companies receiving votes in the survey. Combined voters saw 1,872 voters from 851 voting companies. The number of votes increased by over 20% since 2022 for the Developed Europe survey and 46% for the Emerging EMEA survey.

2023 Emerging EMEA Executive Team — Core results

281 companies and 503 individuals were nominated across 11 sectors.

Eight companies clinched a clean sweep first place in the combined rankings in five voting areas for Best CEO, Best CFO, Best Investor Relations Professional, Best IR Company, Best Analyst/Investor Event, Best ESG Metrics, and Best Company Board in their respective sectors:

Al Rajhi Bank (Saudi Arabia, Financials), Coca-Cola Icecek (Turkey, Consumer), Haci Omer Sabanci Holding (Turkey, Industrials), Hellenic Telecommunications Organization (Greece, Technology, Media & Telecommunications), Lamda Development (Greece, Construction & Real Estate), MLP Saglik Hizmetleri (Turkey, Health Care & Pharmaceuticals), Mytilineos Holdings (Greece, Metals & Mining) and Petkim Petrokimya Holding (Turkey, Chemicals).

2023 Emerging EMEA Executive Team — Large Cap results

95 companies and 197 individuals were nominated across 11 sectors.

Six companies clinched a clean sweep first place in the combined rankings five of the seven aforementioned voting areas:

Al Rajhi Bank (Saudi Arabia, Financials), Emaar Properties (United Arab Emirates, Construction & Real Estate), Hellenic Telecommunications Organization (Greece, Technology, Media & Telecommunications), Koc Holding (Turkey, Industrials), Opap (Greece, Consumer) and Turk Hava Yollari (Turkey, Transportation).

2023 Emerging EMEA Executive Team — Small & Midcap results

186 companies and 306 individuals were nominated across 11 sectors.

Ten companies obtained a clean sweep first place in the combined rankings in five of the seven aforementioned voting areas:

Aegean Airlines (Greece, Transportation), Coca-Cola Icecek (Turkey, Consumer), Haci Omer Sabanci Holding (Turkey, Industrials), Lamda Development (Greece, Construction & Real Estate), MLP Saglik Hizmetleri (Turkey, Health Care & Pharmaceuticals), Motor Oil (Hellas) Corinth Refineries (Greece, Oil & Gas), Mytilineos Holdings (Greece, Metals & Mining), Petkim Petrokimya Holding (Turkey, Chemicals), Piraeus Financial Holdings (Greece, Financials) and Turk Telekomunikasyon (Turkey, Technology Media & Telecommunications).

Amani Korayeim, Director for Europe and Emerging EMEA, says “The Institutional Investor rankings are recognised as an industry benchmark by its stakeholders and determine compensation packages and KPIs for IR teams that are empowered and valued by their leadership teams. Investor Relations is critical in shareholder value creation. In fact, good IR, often recognised through the Institutional Investor’s rankings, can deliver a competitive advantage, and help companies trade at a premium. Conversely, poor IR can lead to the company being traded at a discount, create greater volatility and higher cost of capital. The highest ranked companies in our surveys tend to measure and monitor the effectiveness of their IR activities very closely. These are the teams that take a strategic and deliberate approach to their market engagement, use underlying research data and perception intelligence to continually optimise their IR interaction to close the gap between their competition and lock in prospect targets through a more personalised and targeted outreach. Congratulations to all the top ranked companies this year, we are particularly excited about the new names and regions that are represented in what the market defines as Best in Class IR.”

For the full list of published winners, please visit www.institutionalinvestor.com/research.

Awards & Licences

Institutional Investor owns the copyright to all survey and awards logos. To acquire access to the Institutional Investor award or survey logo for use in client pitch books, annual reports, websites, email signatures, local advertising, social media etc., please contact marketing@iiresearch.com

Ranking Analysis & Perception Intelligence

To request further information on how you can access the underlying survey research to identify strength and opportunities in IR through a multi-dimensional comparative peer analysis, please contact amani.korayeim@iiresearch.com

Media contact

David Bowen, Director of Marketing, Institutional Investor Research david.bowen@iiresearch.com

About Institutional Investor Research

For over 50 years, Institutional Investor has been conducting independent research surveys with global investment professionals who evaluate and determine the best performing sell side service providers, asset managers and CEOs, CFOs, IROs and IR Programs across Europe, Emerging EMEA, Asia Pacific, North America and Latin America. The research data independently captures evaluations of companies, investment professionals and executives from investment managers, banks, research providers and corporate issuers, to deliver detailed peer-to-peer comparative analyses every year; the feedback helps inform strategic decision making and improve resource and process management.

Follow Institutional Investor Research here https://www.linkedin.com/showcase/11222447

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Duck Creek Technologies Nomeia Nova Diretora de Finanças

Teresa M. Kim, executiva experiente em finanças de tecnologia irá supervisionar as funções financeiras e contábeis

BOSTON, Sept. 11, 2023 (GLOBE NEWSWIRE) — A Duck Creek Technologies, fornecedora de soluções inteligentes que definem o futuro do seguro de propriedade e acidentes (P&C) e geral, tem o prazer de anunciar a nomeação de Teresa M. Kim como Diretora de Finanças. Kim é líder financeira sênior talentosa com sólida experiência e histórico em computação em nuvem, plataformas de tecnologia e auditoria e consultoria “Big Four”. Ela ingressou na Duck Creek após uma carreira de 20 anos na Akamai Technologies (Akamai), empresa mundial de rede de distribuição de conteúdo e serviços em nuvem, onde recentemente foi vice-presidente (VP) de finanças do grupo de tecnologia em nuvem, supervisionando uma receita de mais de US $ 2 bilhões, ajudando a empresa a criar uma plataforma de escala de categoria internacional. Na Akamai ela também foi vice-presidente de finanças da divisão de mídia e operadoras, ajudando a liderar negociações estratégicas de contratos de clientes de mídia. Ela também ocupou o cargo de controladora assistente, supervisionando a contabilidade e operações globais, liderando uma grande equipe de 120 profissionais, criando centros financeiros de excelência na Índia e na Polônia.

Antes da Akamai, Kim atuou como auditora sênior da Ernst &Young (EY), apoiando clientes no setor de tecnologia, comunicações e entretenimento da EY. Ela iniciou sua carreira em funções de consultoria financeira na KPMG e na Economic Analysis Corporation antes de passar para a contabilidade pública.

“Teresa é uma líder dinâmica e ponderada, com forte perspicácia financeira, foco no cliente e experiência em operações de tecnologia de nuvem e plataforma. Com a Duck Creek dando continuidade à sua concentração no crescimento internacional e na maturidade SaaS, ela será uma tremenda adição para ajudar a direcionar nossa própria transformação estratégica e otimizar nossas operações financeiras”, disse Mike Jackowski, CEO da Duck Creek. “Este é um momento empolgante para todos nós da Duck Creek e estou confiante de que seu talento nos ajudará a continuar criando valor para nossos clientes, parceiros e partes interessadas.”

Kim acrescentou: “Estou muito feliz em me juntar à Duck Creek, pois ela fortalece sua posição de liderança no setor global de seguros. Me sinto honrada em ter a oportunidade de trabalhar em estreita colaboração com Mike e toda a equipe da Duck Creek durante um período de crescimento acelerado.”

Kim fez BA com foco em economia e especialização em estudos asiático-americanos na UCLA. Ela fez MBA e mestrado em contabilidade na Northeastern University. Kim está baseada na região metropolitana de Boston.

Sobre a Duck Creek Technologies

A Duck Creek Technologies é fornecedora de soluções inteligentes que definem o futuro do setor de seguros de propriedade e acidentes (P&C) e geral. Somos a plataforma utilizadas como base dos sistemas de seguros modernos, permitindo que a indústria capitalize o poder da nuvem para executar operações ágeis, inteligentes e perenes. Autenticidade, propósito e transparência são fundamentais para a Duck Creek, e acreditamos que o seguro deve estar disponível para indivíduos e empresas quando, onde e como eles mais precisarem. Nossas soluções líderes do mercado estão disponíveis de forma independente ou como um pacote completo disponíveis em Duck Creek OnDemand. Visite www.duckcreek.com para obter mais informação. Siga a Duck Creek nos nossos canais sociais para obter as mais recentes informações – LinkedIn e Twitter.

Contato

Drake Manning
Duck Creek Technologies
drake.manning@duckcreek.com

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Duck Creek Technologies annonce la nomination d’une nouvelle directrice financière

La société désigne Teresa M. Kim, cadre financière expérimentée en technologie, pour superviser les fonctions de finance et comptabilité

BOSTON, 11 sept. 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies, le fournisseur de solutions intelligentes qui définit l’avenir du secteur de l’assurance générale et IARD, annonce la nomination de Teresa M. Kim au poste de directrice financière. Mme Kim est une cheffe de file majeure et accomplie dans le domaine des finances, possédant un historique et des antécédents solides en cloud-computing, en plateformes technologiques et en comptabilité publique des « Big Four ». Elle rejoint Duck Creek après 20 années passées chez Akamai Technologies (Akamai), une société de services cloud et un réseau de diffusion de contenu dans le monde entier, où elle était le plus récemment vice-présidente des finances dans son groupe de technologie cloud, supervisant plus de 2 milliards de dollars de recettes tout en aidant l’entreprise à bâtir une plateforme de classe mondiale évolutive. Lorsqu’elle travaillait chez Akamai, elle était aussi vice-présidente des finances dans sa division médias et supports, aidant à mener des négociations de contrats clients stratégiques dans le domaine des médias. Elle occupait auparavant une fonction de contrôleuse adjointe, supervisant la comptabilité et les opérations mondiales à la tête d’une grande équipe de 120 professionnels et bâtissant des centres financiers d’excellence en Inde et en Pologne.

Avant d’arriver chez Akamai, Kim a occupé la fonction d’auditrice supérieure pour Ernst & Young (EY), soutenant les clients d’EY dans le secteur de la technologie, des communications et du divertissement. Elle a débuté sa carrière à des postes de conseil financier chez KPMG et Economic Analysis Corporation avant de passer à la comptabilité publique.

« Teresa est une cheffe de file dynamique et réfléchie associant un puissant savoir-faire financier, une focalisation client importante et une grande expérience dans les opérations technologiques de plateforme et cloud. Alors que Duck Creek continue de se concentrer sur la croissance internationale et la maturité du SaaS, elle sera un atout prodigieux pour aider à diriger notre propre transformation stratégique et optimiser nos opérations financières », a déclaré Mike Jackowski, PDG de Duck Creek. « Il s’agit d’un moment palpitant pour nous tous, chez Duck Creek, et je suis persuadé que son talent nous aidera à continuer à créer de la valeur pour nos clients, nos partenaires et nos parties prenantes. »

Mme Kim a ajouté : « Je me réjouis de rejoindre Duck Creek alors que cette entreprise renforce sa position de leader dans le secteur mondial de l’assurance. Je suis honorée d’avoir l’opportunité de travailler en étroite collaboration avec Mike et toute l’équipe de Duck Creek au cours d’une période de croissance accélérée. »

Mme Kim a acquis sa licence en économie avec option études asio-américaines à l’UCLA. Elle a obtenu son MBA et un master de comptabilité à la Northeastern University. Mme Kim est basée dans le Grand Boston.

À propos de Duck Creek Technologies

Duck Creek Technologies est le fournisseur de solutions intelligentes qui définit l’avenir du secteur de l’assurance générale et IARD. Nous sommes la plateforme sur laquelle les systèmes d’assurance modernes se construisent, permettant au secteur de tirer parti de la puissance du cloud pour mener des opérations agiles, intelligentes et pérennes. Authenticité, mission et transparence sont les mots clés de la philosophie de Duck Creek et, selon nous, l’assurance devrait être au service des individus et des entreprises quand, où et comme ils en ont le plus besoin. Nos solutions faisant figure de leaders du marché sont disponibles séparément ou sous la forme d’une suite complète, et toutes sont disponibles via Duck Creek OnDemand. Pour en savoir plus, rendez-vous sur www.duckcreek.com. Suivez Duck Creek sur ses réseaux sociaux pour connaître les toutes dernières informations – LinkedIn et Twitter.

Contact

Drake Manning
Duck Creek Technologies
drake.manning@duckcreek.com

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Seychelles’ Fond Ferdinand and Vallee de Mai reserves win Tripadvisor 2023 Travellers’ Choice Award

Two reserves on Seychelles' Praslin island - Fond Ferdinand and Vallee de Mai - have won the Tripadvisor 2023 Travellers' Choice Awards for August based on 2022 traveller reviews.

The coveted award celebrates destinations that have consistently received great traveller reviews on Tripadvisor over the last 12 months, placing them among the top 10 percent of all listings on the platform globally.

In a recent press statement, the Seychelles Islands Foundation (SIF), which manages the two reserves, said that in 2022 Vallee de Mai welcomed 106,356 visitors while Fond Ferdinand Reserve received 17,110 visitors.

"These visitor statistics reflect the genuine appeal and universal allure of both sites, marking a significant step forward in the Seychelles' journey towards post-pandemic recovery," said SIF.

SIF's chief executive Frauke Fleischer-Dogley said, "We are over the moon that both sites have been recognised with awards, specifically since this is the first Tripadvisor award for Fond Ferdinand. I will personally congratulate the team on this achievement. This is testimony that our team both on and off site possess the know-how to not only manage established tourism sites, but also to develop the tourism potential of a site."

John Boris, chief growth officer at Tripadvisor, has congratulated the two reserves for their achievement.

"The travel resurgence we've seen throughout the past year has even further heightened the competition. Earning a Travellers' Choice Award demonstrates that Fond Ferdinand and Vallee de Mai have provided great experiences to those who matter most: your guests. With changing expectations, continued labor shortages, and rising costs, this is no easy feat, and I am continually impressed with the hospitality industry's resilience and ability to adapt. Cheers to another successful year," he said.

SIF assumed the responsibility for Fond Ferdinand in September 2020. (Seychelles Nation) Photo License: CC-BY

The Vallee de Mai Special Reserve also won the 2023 Experts' Choice Award, an accolade based on professional reviews.

Experts' Choice Awards are based on more than one million reviews from travel guides, magazines, newspapers and other respected sources and less than 2 percent of venues and attractions globally receive an award.

"Having also been awarded the Experts' Choice award for the Vallee de Mai recognises our commitment to professionalism in tourism. However, we will not stop here, our next step is to scrutinise our tourism operations towards sustainability, not only for our sites but to contribute to a more sustainable tourism industry for the whole of the Praslin community," said Fleischer-Dogley.

With positive reviews from publications such as Lonely Planet and Atlas Obscura, the Vallee de Mai is featured on Tripexpert.com as one of the best attractions in Seychelles, an archipelago in the western Indian Ocean.

The site manager of Vallee de Mai and Fond Ferdinand, Marc Jean-Baptiste extended his heartfelt congratulations to the hardworking staff of both sites for their unwavering dedication, diligence, and loyalty.

"These awards stand as a testament to their exceptional efforts. I am profoundly proud to lead such an extraordinary team that is truly making a positive impact in the Praslin community. Moreover, by providing our esteemed visitors with a once-in-a-lifetime experience at these two outstanding natural wonders of the Seychelles. Thank you for your commitment and contribution to these remarkable achievements," Jean-Baptiste.

The Vallee de Mai special reserve is one of Seychelles' UNESCO World Heritage sites and is where the endemic coco de mer grows in its natural state and is the most visited natural site in Seychelles. It receives around 115,000 visitors per year.

In September 2020, SIF assumed the responsibility for Fond Ferdinand and extended its conservation mandate to one of Praslin's and Seychelles' most cherished protected areas.

Source: Seychelles News Agency

Djiboutian and Brazilian ambassadors present credentials to Seychelles’ President

The first ambassador of Djibouti to Seychelles seeks to initiate and develop new bilateral cooperation between the two countries, while the Brazilian ambassador expects to focus on cooperation in the fields of technical, tourism and investment.

The Ambassador of Djibouti to Seychelles, Abdi Eybe, and the Ambassador of Brazil, Gustavo Nogueira, presented their letters of credentials to the President of Seychelles, Wavel Ramkalawan, at State House on Tuesday.

The first to be accredited was Eybe.

"I've got my work cut out for me, and I can't wait to get down to work to initiate and develop excellent bilateral cooperation between our two countries," he told reporters.

"As you know, we have a great deal in common. The Seychelles is made up of islands, and Djibouti is also a coastal country with a number of islands. Together with the President, we discussed areas of cooperation such as maritime security and cooperation in the fisheries sector, which will have to be put in place quickly," added Eybe.

Seychelles and Djibouti are already cooperating and collaborating through regional mechanisms, and are members of several regional and continental organisations, such as the Common Market for Eastern and Southern Africa (COMESA) and the African Union.

While in Seychelles, Eybe is expected to meet with the Speaker of the National Assembly, the Minister of Fisheries, and the Secretary General of the Department of Foreign Affairs, in the absence of the Minister of Foreign Affairs and Tourism.

The Ambassador of Brazil, Gustavo Nogueira, was also accredited on Tuesday. (State House) Photo License: CC-BY

Meanwhile, the second Brazilian ambassador to Seychelles said he expects to continue strengthening bilateral relations between the two countries, building on what his predecessor started.

"We have had many opportunities in the past for stronger contacts. We have a range of bilateral arrangements that we are discussing with different degrees of implementation and that deals with tourism, technical cooperation, further strengthening the flow of people and investment between the two countries," said Nogueira.

Following his accreditation, he called on other local ministers and principal secretaries.

"I am hopeful that this opportunity for a face-to-face discussion with His Excellency the President, as well as with the team of foreign affairs and other members of his cabinet, will allow us to pursue further opportunities," said Nogueira.

Djibouti and Seychelles established diplomatic relations on February 4, 1993. Diplomatic ties between Brazil and Seychelles were established on November 12, 1986.

Eybe will be based in Addis Ababa, Ethiopia whereas Nogueira will be based in Dar es Salaam, Tanzania.

Source: Seychelles News Agency

Earthquake in Morocco: towards losses estimated at 8% of GDP

Even if we are far from the final results, American experts from the United States Geological Survey (USGS) estimate that the damage and economic losses resulting from the earthquake that occurred on Friday September 8 in Morocco could reach up to 8% of the product. gross domestic product (GDP) of the country. This would be about $10.7 billion, based on the 2022 GDP estimate of $134.18 billion, according to World Bank data.

Source: Africa News Agency

Burkina/Energy: The government adopts a series of measures intended to improve the financial performance of SONABEL

The Minister in charge of Energy, Simon Pierre Boussim, indicated Tuesday in Ouagadougou that the government has adopted a series of measures intended to improve the financial performance and performance of SONABEL, by, among other things, eliminating subsidies to certain large customers.

“The government has adopted a series of measures intended to improve the financial performance of SONABEL and which will come into force from October 1, 2023,” indicated the minister in charge of energy, Simon Pierre Boussim.

According to Mr. Boussim, these measures consist of the application of unsubsidized rates to certain categories of customers including, in particular, banks and other financial establishments, insurance companies, telecommunications companies, international institutions, diplomatic enclaves. .

According to him, this also consists of a rearrangement of SONABEL's tariff structure, consisting of moving the high rates of the day towards the peak of the evening and the lower rates of the evening towards the day.

“This redevelopment should encourage large consumers to shift their energy demand from night to day,” he said.

For the minister, these measures also include the proposal of a negotiated tariff to customers requesting more than 10MW.

«Cette mesure vise à donner la possibilité aux industriels et autres gros consommateurs qui désirent faire des investissements dans le secteur de l’énergie, d’avoir la possibilité de négocier des avantages sur leur facturation », a-t-il souligné.

Pour lui, les différentes mesures mise en place par le gouvernement consisté par ailleurs à un réaménagement de tarif pour mauvais facteur de puissance, par une relecture de la police d’abonnement des gros consommateurs consistant à la suppression de la bonification et le réajustement des pénalités pour mauvaise consommation.

Pour le ministre en charge de l’Energie, à travers l’ensemble de ces mesures, le gouvernement du Burkina Faso, accorde une attention particulière au secteur de l’énergie électrique comme en témoigne l’effort financier consenti depuis toujours dans la subvention du combustible destiné à la production de l’électricité.

« Cependant, au regard de la situation énergétique et économique de notre pays, l’Etat a revu ses priorités en matière de dépenses publiques. Cette nouvelle donne, induit la nécessité d’une réduction progressive des différentes subventions », a-t-il indiqué.

Source: Burkina Information Agency

Fight against terrorism: Requisitioned citizens must feel proud, government

The spokesperson for the Burkinabe government, Rimtalba Jean Emmanuel Ouédraogo, said Tuesday that every Burkinabe citizen should feel proud to make their contribution to the fight against terrorism, he is requisitioned.

“Everything that is currently done is done in perfect compliance with the law, with the rules of the republic.

Nous sommes dans une situation de mobilisation générale et de mise en garde.

Cela veut dire que n’importe quel citoyen aujourd’hui peut être appelé.

Cela doit être l’attitude naturelle de chaque citoyen de se sentir prêt à pouvoir apporter cette contribution dans l’œuvre de reconquête du territoire.

La plupart des citoyens burkinabè le font déjà. Ce n’est pas parce qu’un citoyen burkinabè ne porte pas une arme au front.

Il y a beaucoup de citoyens qui sont engagés. Cette disposition est telle que chaque citoyen doit se sentir prêt le cas échéant, à pouvoir apporter cette contribution.

Au-delà du caractère qui peut sembler obligatoire, ça doit être une fierté pour chaque citoyen de pouvoir également se porter en première ligne. », a affirmé Rimtalba Jean Emmanuel Ouédraogo.

Source: Burkina Information Agency

Burkina: Many terrorists die in army raids, updated at 8:40 p.m.

The Burkinabè army carried out several raids and land operations in the Center-East (Sablogo), the North and the Sahel, resulting in numerous terrorists killed, equipment recovered and destroyed fuel jars, the AIB learned from security sources.

The Combatant Forces are maintaining the course in the reconquest of the national territory.

In recent hours, they have dealt numerous blows to the terrorists right down to their last entrenchments.

In the Center-East in the Sablogo forest, a terrorist base was wiped out, several terrorists killed, various materials reduced to ashes and fuel jars destroyed including a previously stolen and well-hidden tank.

The majority of escapees will be neutralized by combat helicopters at the level of the trees under which they had taken refuge.

At the same time, nearly 300 criminals rushed into a position of the Fighting Forces in Nongfaire (North).

Faced with the determination of the FDS and VDP, they fled.

But wasted effort, the aerial vectors chase them. Many of them were burned on their machines.

Then the ground units intervene for the sweeps. They recover rolling means, weapons and means of transmission.

Survivors manage to escape and hole up in Petegoli with their means, under a large shed in an abandoned courtyard. New precise strikes consume them along with their equipment.

According to AIB sources, operations continue on all fronts.

Source: Burkina Information Agency