The Mauritius operation of Bao Asset Managers Ltd (www.baofinancialgroup.com) has been slapped with an administrative penalty after it was found in breach of numerous anti-money laundering laws....
The UK/Mauritius double tax treaty and related capital gains tax exemptions have been at the centre of a major court case in the UK. The UK’s Supreme Court on July 2...
Grit Real Estate Income Group Limited has entered into a five year USD denominated lease agreement with Gr1t House Limited, a special purpose vehicle (SPV) established by...
Total leasing facilities granted to the household and business sectors amounted to Rs20.6 billion as at end-March 2021, latest figures from the Bank of Mauritius show. The motor...
The Financial Services Commission, Mauritius has given notice of the suspension of the Global Business Licence of Rosebery Management LLP with immediate effect pursuant to Section...
The Financial Services Commission has inked an MoU with the Qatar Financial Centre Regulatory Authority – in a bid to put up a mechanism for mutual...
Anantara Iko Mauritius Resort & Villas, which opened in late 2019 has announced the appointment of its new General Manager, Pascal Bertrand, who brings over 35 years of ...
Broad Money Liabilities (BML) rose by Rs2.6 billion or 0.3%, from Rs763.3 billion as at end-April 2021 to Rs765.9 billion as at end-May 2021, mostly reflecting...
Tough times are not over for the Mauritius-based Harel Mallac Group. It has posted losses of Rs30 million for the first quarter of the year. For...
Things seem to be getting better for Export-Oriented Enterprises (EOE) Sector over the first quarter of 2021. The value of exports of the EOE Sector, which stood at...