IBL Ltd has approved an issue of notes of up to Rs3Billion under a private placement to eligible investors. In a communique, IBL (which has 30% stakes in Afrasia...
Ascencia Limited has announced that 10% of its redeemable bonds, representing 1,755,668 bonds, will be automatically redeemed on 30 June 2021. The trading of the redeemable bonds will cease on...
In wake of the official launch of its operations in Mauritius, the first pan-African international stock exchange, Afrinex, has reportedly began fictitious trading. Afrinex is said...
Absa Bank (Mauritius) Limited has recorded pre-tax profits of Rs1.1Bn at the end of the financial year ending December 31, 2020, representing a drop of 50%...
The Mystik Lifestyle hotel, in Mont-Choisy, has been placed in receivership at the request of the company’s creditors. Bhavish Ramhony was appointed Receiver of Mystik Experience...
Rogers’s revenue for the quarter ended March 2021 fell by 25% to Rs 1.74Bn (Q3 2020: Rs 2.32Bn). Despite the drop in revenue, attributed to international borders closure, travel restrictions and the...
Foreign Exchange Dealers and Money Changers, including those of Western Union, have been authorized to resume their activities as from this Friday, l’Express announced. The decision follows a...
Households and businesses have been warned that current works on the SAFE cable could considerably impact internet connection as from next week. Defi Media reported that maintenance...
The Bank of Mauritius is reportedly targeting a year-end rollout for the island’s central bank digital currency (CBDC) pilot. Yahoo News quoted BoM Governor Harvesh Seegolam as...
Similar to last year, the lockdown, which started on 9 March 2021, have reportedly impacted Automated Systems Ltd, a listed company engaged in the betting business. Its football operation...
