Moody’s has reaffirmed its ratings for the Mauritius Commercial Bank (MCB), still holding it as one of the very few banks on the African continent to...
The axe has fallen on Charles Cartier, the embattled CEO of Air Mauritius. The decision, announced on the evening of Thursday, 6th February, has sent shockwaves...
The latest monetary data released by the Bank of Mauritius (BoM) revealed a significant leap in financial indicators across the country as of December 31, 2024....
In a bold move, the Bank of Mauritius has announced an increase in the repo rate from 4% to 4.5%. This decision came shortly after the...
A cloud of uncertainty is now hanging over 240 employees at Star Knitwear Group Ltd. These workers were blindsided this week when they received their redundancy...
The public beaches of Trou aux Biches are facing an insidious form of privatisation. Eyewitnesses have reported that the Casuarina Hotel, in just three days, has...
Business Mauritius has welcomed the decision to uphold the country’s “investment grade.” “This is a significant signal for investors, especially given the current complexity of the...
In a significant development, the Supreme Court of India has stayed a Delhi High Court ruling that granted tax treaty benefits to private equity firm Tiger...
In a major victory for investors who were defrauded by a global binary options scheme, a U.S. district court has ordered the operators to pay $450...
Coca-Cola’s European bottling division has issued a significant recall of certain soft drinks across Belgium, Luxembourg, and the Netherlands due to elevated levels of the chemical...