Resilience, stability, accessibility and trustworthiness were among the qualities attributed to Mauritius as an International Financial Centre by the President Prithvirajsing Roopun at the seat of...
The African Peer Review Mechanism (APRM), which is an organ of the African Union (AU) that supports African countries in the area of credit ratings, has...
Global hospitality group The Lux Collective and Jumbo Group in China have signed a hotel management agreement to build the first LUX* urban resort in Guangzhou,...
Adapt IT Holdings, which delisted from the JSE earlier this year after the Volaris Group acquired it, has acquired Agileum Hospitality through its Mauritian entity, Adapt...
The CEO of the Silver Bank (ex-BanyanTree Bank), Vasil Revishvili, has expressed “admiration” that the civil society in Mauritius was quick to “condemn the slightest possibility...
International reserves declined to US $7.013billion as at end July 2022, down from US$7.63billion as at end June 2022. In Rupee terms, reserves fell by Rs29.4...
United Docks Ltd has successfully raised Rs750 million under a Note Programme via private placements. The offer was reportedly oversubscribed and the company has issued secured...
SBM Bank (Kenya) has been ordered to pay AfrAsia Bank over US$7.5 million (Rs300 million), which the Mauritius-based lender deposited in collapsed Chase Bank in April...
Danube Home International, the global franchise division of interior décor and home improvement brand of Danube Group, has signed a master franchise agreement with Hyvec Group,...
Terra Mauricia’s turnover for 2021 increased by Rs1,47billion, to Rs6.2billion, while profits for the year stood at Rs316.7million, representing a turnaround of Rs527.1million compared to a...
