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...
NCBA Bank Kenya has reportedly lent $10.7 million (Rs470 million) to Mauritius-based real estate firm Grit Services Limited in the year ended June, becoming the second...
Mauritius’ state-owned Sugar Investment Trust (SIT), through its subsidiary company Sugar Investment Trust Leisure Limited (SITL), is reportedly looking for a strategic partner to develop 44.63...
Gross direct investment flows in Mauritius have been estimated at Rs9.18 billion for the first semester of 2022 compared to Rs5.7 billion for the corresponding period...
