South African sugar producer Tongaat Hulett has announced that Mauritius-based investment firm Magister will underwrite half of its 4 billion rand ($258 million) rights issue, which...
The Listing Executive Committee of the Stock Exchange of Mauritius Ltd (SEM) has approved, on 16 November 2021, the issue and listing of 436,032 additional ordinary...
Mauritian exports have been a rare bright spot in the struggling economy, but migrant worker shortages are threatening labour-intensive sectors, undermining a fragile recovery as the...
The Listing Executive Committee of the Stock Exchange of Mauritius Ltd (SEM) has, on November 17, approved the admission of 57,300,000 ordinary shares of Oceanarium (Mauritius)...
French construction materials company Saint-Gobain has acquired a majority stake in ABE Mauritius, a producer of technical mortars, additives and waterproofing products in Mauritius. It has...
The SEMDEX, the market index which tracks the performance of all companies listed on the Stock Exchange of Mauritius (SEM), increased 486 points or 29.49% since...
Business Mauritius has come out to defend recent COVID-19 restrictions, arguing on the need to find a balance between economy, social life and health. “This balance...
CIEL Group performance for the first quarter of the 2021-2022 financial year brought improved profitability from all clusters and reduced losses from the Hotels & Resorts...
Mauritius Oil Refineries Ltd has announced that Mr. Marie Daniel Paul André Espitalier Noël will retire as Managing Director after 8 years at the helm of...
The low interest rate environment and reduced business activity continue to affect the ABC Banking Corporation’ performance. The bank has registered a profit before impairment of...
