The US Dollar shot up by 2.59% to reach Rs45.50 on Wednesday August 10 from Rs44.35 in the previous trading session. This pushed the Bank of...
Further to the chaotic adjournment of its Annual Meeting of the Shareholders (AMS) on June 23, 2022, SBM Holdings has announced it will hold the meeting...
Alteo has reportedly increased its stake in Transmara Sugar Company Limited from 51% to 69.2% at a cost of $8.2 million (Rs371million) ahead of a proposed...
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...
