Mauritius’ trade deficit has soared by 52.8% in just one month to hit Rs16.596 billion. Figures released by Statistics Mauritius show the deficit in March 2022...
An increasing number of businesses are becoming vocal about the increase of fuel prices, many anticipating louder claims for salary increases. Industrialist Francois de Grivel told...
The Mauritius Commercial Bank (MCB) has announced the permanent closure of its branch at Plaine des Papayes on 17 June 2022. However, the bank’s ATM services...
Investors from Mauritius are often denied capital gains tax relief in India on the grounds that those controlling the companies are based outside the country. This may change now, according to...
The Listing Executive Committee of the Stock Exchange of Mauritius Ltd (SEM) has approved the listing of up to 35,000,000 new ordinary Shares of Africa Clean...
The results of ENL Group for the third quarter and nine months ended 31 March 2022 have shown a marked improvement over the same period last...
Representatives of the Mauritius Bankers Association, Mauritius Finance, and Insurers’ Association have met with Finance Minister Renganaden Padayachy to submit their proposals for the upcoming 2022/2023...
After having expanded its offerings to China in 2014, the Mauritius-born luxury hotel management brand, The Lux Collective, is reportedly furthering its ambitious Asia growth with...
For the nine months ended 31 March 2022, AfrAsia Bank has posted a net profit after tax of Rs1billion, representing a significant increase of 57% compared...
The Mauritian subsidiary of China’s mining giant Jinchengxin plans to raise USD100 million from two Hong Kong based financiers. The transaction (USD80million in debt and USD20million...
