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...
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...
Harel Mallac & Co. Ltd is about to restructure its activities through the carve-out of its investments in Attitude Hospitality Management Ltd (20.0% ownership interest), Water...
Mauritius’ trade deficit dropped to Rs 11.5 billion in January 2023, lower by 39.9% compared to the previous month and by 9.0% compared to the corresponding month of...
State-owned SICOM Group’ subsidiary SICOM Global Fund Limited has entered the shareholding of the Eastern and Southern African Trade and Development Bank (TDB) with an investment...
A shareholder of AfrAsia Bank and his wife intend to foil plans of AFG Holding to buy 74.48% of the bank’s shares. The couple has reportedly...
Ex-Mauritius finance minister Dr Rama Sithanen has been appointed to a leadership position at Apex Group Ltd, the Bermudian-based global financial services provider. Dr Sithanen will...
