The Bank of Mauritius (BoM) is introducing its new Monetary Policy Framework (MPF) effective this Monday 16 January 2023. The new framework is expected to address...
The Board of the State Bank of Mauritius (SBM) has reportedly recorded three resignations in recent days. According to Defi Media, Eric Leal, CEO of Leal...
Mauritius-based Bank One has won the “Mortgage Product of the Year – highly acclaimed” award at the fifth annual Global Retail Banking (GRB) Innovation Awards. The...
The ordinary shares of MeritWise Group Public Ltd (MWG) were no longer listed on the Official Market of the SEM after market close 30 December 2022....
Mauritius-headquartered IBL Ltd will sell its 30.29% stake in AfrAsia Bank to AFG Holding, an entity registered in Côte d’Ivoire. AFG Holding, a subsidiary of the...
Even if 2022 seems to be ending on an optimistic note, it will be necessary to exercise “great caution” in 2023, Gilbert Espitalier-Noël, CEO of New...
After two years of turmoil since 2020, small and medium-sized enterprises in Mauritius are still struggling to survive, according to Maya Sewnath, President of the local...
Finance Minister Renganaden Padayachy has called on the Bank of Mauritius (BoM) to set up committees to ensure that there is “no abuse by commercial banks”....
Medine Group saw a marked improvement in its performance for the year ended June 30, 2022, with revenue rising by 36% for the year to reach...
Mauritius’ Currimjee Group has embarked on a major restructuring exercise since 2020. Its various real estate businesses are being restructured and streamlined under its subsidiary Real...
