NMC Healthcare Ltd, which went into administration in 2020 following allegations of a massive accounting fraud, has reportedly received creditors’ approval for the proposed deeds of...
Mauritius Commercial Bank (MCB) has provided a bridge loan to OrgaEarth, a Madagascar-based producer of cactus oil. The bridge facility raised, to be followed by a...
The United Basalt Products Limited (UBP) is contemplating to acquire shares in Drymix Ltd (Drymix), a company engaged in the manufacture and sale of “ready to...
The Economic Intelligence Unit (EIU) has reportedly contradicted the 5.5% growth forecast of the Bank of Mauritius (BoM) for 2021. The EIU was cited by Defi...
The Bank of Mauritius has reacted to recent articles in l’Express over alleged appointment and promotion of political cronies. The BoM has, according to the newspaper,...
With the ‘Wage Assistance Scheme’ and the ‘Self-Employed Assistance Scheme’, several companies, particularly in the hospitality sector, were “on a drip”. With the reduction of quarantine...
Mr. Guillaume Hugnin, from Panagora Marketing Co. Ltd. (Commerce Group) has been re-elected as President of the Mauritius Chamber of Commerce and Industry (MCCI) during the...
Velogic Holding Company Limited (Velogic), a subsidiary of Rogers & Co Ltd, intends to apply to the Stock Exchange of Mauritius Ltd for the listing of...
SMEs received credit facilities amounting to Rs12.45 Billion from commercial banks from 01 December 2011 to 31 July 2021, according to latest figures on SME Financing...
Afcons, the engineering and construction arm of the Shapoorji Pallonji Group which is handling the construction of an $87million airstrip and jetties in Agalega, has now...
