SBM Bank India, the wholly-owned subsidiary of State Bank of Mauritius (SBM), has blocked all commercial credit cards it was offering in association with fintech companies...
United Docks Ltd (UDL) has successfully completed the Rights Issue of 7,411,485 new ordinary shares of par value Rs10 each at a price of Rs55.00 per...
The African Development Bank Group has approved $147 million (over Rs6.7 billion) in subordinated debt to the Mauritius Commercial Bank Ltd to enhance its capital base...
The Competition Commission has suspended the proceedings in the matters of alleged collusion by the United Investments Ltd (UIL) in respect of the supply of fertilisers....
ABC Banking Corporation Ltd is reportedly among the front runners in the race to acquire the retail operations of its competitor HSBC, l’Express reported. HSBC has...
Lottotech Ltd, the operator of the Mauritius National Lottery on behalf of the Government of Mauritius, has posted revenue of Rs1.47 billion for the year ended...
Eight commercial banks that allegedly speculated on the foreign exchange market, hoarded forex or failed to adjust their exchange rates, will be slapped with monetary fines,...
The Governor of the Bank of Mauritius, Harvesh Seegolam, has pledged to defend the Rupee against what he called as “unhealthy” and “unpatriotic” speculations of certain...
“There is no indication of any payments having been made or intended to be made to subcontractors by HMT (Harel Mallac Technologies) which appear to be...
In the context of the 55th Anniversary of the Independence of Mauritius, the Bank of Mauritius (Bank) has announced the issue of a One-Year Bank of Mauritius...
