CIM Financial Services Ltd has declared an interim dividend of Rs0.10 per share payable in respect of all the ordinary shares of the company. The dividend is in respect...
The deal to sell Namibia’s Safari Hotel complex to a foreign investor has been approved by the Competition Commission without any conditions, effectively opening the door for the...
The first Indo-Pacific Business Summit is currently running under the theme ‘Developing a Road Map for Shared Prosperity’. The three-day Summit is organised by the Confederation of Indian...
The Board of Medine Limited has asked its shareholders and investors to “exercise caution when dealing in the shares of the company”. The reason being that...
The Board of Infrastructure Commodities (Mauritius) Limited has asked shareholders to vote for the proposed distribution of the Company’s only asset namely Infrastructure Commodities Limited (ICL) to its Shareholders. Infrastructure Commodities (Mauritius) Limited (ICML)...
On March 3, 2021, the Board of Bayport Management Ltd had passed a resolution, authorising the repurchase of a total of 149,451 shares representing 0.48% of the issued share capital of the Company...
As the USD traded at Rs42.95 on July 6 after hitting an all-time high (Rs43) a few days earlier, experts fear “we are far from reaching the end of...
The head-office and two outlets of CIM Finance – all in Port Louis – have been temporarily closed after an employee was tested positive for COVID-19....
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...