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Mauritius firm takes government to COMESA Court over Rs500m deal

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Mauritius firm takes government to COMESA Court over Rs500m deal

The Common Market for Eastern and Southern Africa (COMESA) Court of Justice issued an interim order suspending the decision of the Government of Mauritius to grant a subsidy of Rs500 million to the State Trading Corporation (STC).

This order followed an application for an injunction filed by Agiliss Ltd, a company involved in the import and distribution of basic food products, including edible oils.

Agiliss had claimed that the Government’s decision was unfair, illegal and distorted competition among economic operators.

The government had argued that the measure was aimed at promoting the manufacture and sale of cooking oil to the public at affordable prices.

The court found that Agiliss had sufficiently demonstrated that it would suffer irreparable losses that would not be adequately compensated by damages if the injunction was not granted. The appeal is expected to be considered in due course.

Full judgment at: COMESA

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The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.