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...
The Bank of Mauritius has reported a comprehensive loss of Rs5.5billion in May 2022, according to its monthly financial statement published on its website on August...
Mauritian national Fareed Jaunbocus has been named as “Africa’s most respected CEO” in the “management Consultancy” category. The award event was organised by the Business Executive...
A major change is coming up for gamblers: You might soon not be able to buy lotto tickets with cash – but only with bank cards...
