64% of Mauritian Businesses Struggling to Find Local Personnel

The third Business Pulse Survey, conducted by Business Mauritius in collaboration with Statistics Mauritius and the United Nations Development Programme, has revealed that 64% of surveyed businesses are facing difficulties in finding local personnel.

The survey, which involved 504 businesses, highlighted the challenges businesses are facing in recruiting new employees.

Business Mauritius insisted on the need to identify the skill needs of businesses, ensure training to meet these needs, and facilitate access to foreign labour and expertise from Africa and Asia to alleviate the labour crisis.

Despite these challenges, 70% of businesses have maintained their workforce, and 47% plan to increase personnel by 2024.

The survey also highlighted other difficulties faced by businesses, including liquidity issues (37%), fluctuating exchange rates impacting import prices (33%), and a decrease in demand for goods and services (28%).

Furthermore, 61% of businesses have resumed normal operations after the Covid-19 pandemic.

Additionally, the survey indicates that 42% of businesses have noted a decrease in freight costs, and 44% plan to increase investments in sustainable development projects over the next five years.

Source: Defi Media