The ENL Group is profitable again: After posting a loss of around Rs 1 billion last year, ENL’s revenue from continuing operations shot up 39% and...
Following the promulgation of the Finance (Miscellaneous Provisions) Act 2022, the SME Act 2017 was amended to include a new category of SMEs namely the ‘Mid- Market...
A newly upgraded Trade Obstacles Alert Mechanism (TOAM) and its complementary mobile application has just been launched. The initiative is a joint collaboration between the Ministry...
MCB’s profit after tax for the year ended 30 June 2022 reverted to its pre-pandemic level, growing by 21.0% to reach Rs8.9 billion compared to the...
Phoenix Beverages Ltd (Phoenix Bev), the leading brewer and beverage company, has just posted a 14.8% increase in turnover for the year ended 30 June 2022....
The Bank of Mauritius (BoM) has raised the Key Repo Rate (KRR) by 75 basis points to 3.00% per annum at its meeting held on 28...
The State-owned Maubank is officially on sale. A call for international expressions of interest was launched at the end of last week. The project was conferred...
Fincorp Investment Limited (Fincorp) posted a consolidated profit after tax amounting to Rs 326.7 million for the financial year ended June 30, 2022, up 98.8% compared...
In a demand notice dated September 19, AfrAsia has reportedly demanded SBM to pay a $7.5 million (Rs338million) debt claim within 21 days, failure to which...
Oceanarium (Mauritius) Ltd (OML), which operates the Odysseo oceanarium, has posted a total comprehensive loss of Rs23.7million for the financial year ended 30 June 2022. Basing...
