The Bank of Mauritius (BoM), under section 17 of the Banking Act 2004, has issued a banking license to Silver Bank Limited. Formerly known as BanyanTree...
Since the outbreak of the COVID-19 pandemic, 8,900 loan applications representing a total of Rs4.5 billion, have been received by the Development Bank of Mauritius. Rs...
The Financial Services Commission has issued an alert agaist an entity in the name of TELFORWARD is claiming on its website (https://telforward.net) to be regulated by...
The last quarter has been quite an eventful period for Ascencia, owner and manager of the largest malls on the island. It migrated to the Official...
Airport Holdings Ltd (AHL) – the largest shareholder of Air Mauritius – has set November 22 as deadline to respond to its mandatory offer to acquire...
MCB has won the “Best Private Bank in Mauritius” palm for the year 2021 and for the sixth time. This recognition is awarded by Professional Wealth...
The United Kingdom has removed Mauritius from its list of high-risk countries under the UK Money Laundering and Terrorist Financing (Amendment) (No. 3) (high-risk countries) Regulations...
The Lux Collective and Sharjah Investment and Development Authority (Shurooq) have announced plans for two new innovative hospitality projects in the United Arab Emirates. The upcoming...
The Indian construction contracting company, Larsen and Toubro (L&T) is now ranked as the first company in Mauritius with highest revenues in the construction sector. L&T’s...
Investcorp (Holdings) Ltd (formerly S.L.D Investment Ltd) has announced that its Fixed Rate Secured Notes (IHL 5% p.a. 09/11/2028) were oversubscribed and the company has successfully...