According to a recent report from Statistics Mauritius, the trade deficit for September 2024 has surged to Rs 18.8 billion, marking a staggering 47.7% increase compared...
The CIEL Group has announced a robust financial performance for the first quarter of 2024, with revenues reaching Rs 8.8 billion. The results highlight the company’s...
The appointment of a new governor at the Bank of Mauritius is part of a strategy aimed at restoring the value of the rupee. Revaluing the...
In its latest financial report, IBL has announced a remarkable 30% increase in group revenue for the quarter ending September 30, 2024. Revenue reached Rs 28.7...
Access Bank UK has officially signed a binding agreement to acquire a majority equity stake in AfrAsia Bank, a financial institution based in Mauritius. This acquisition,...
On Tuesday, November 12, Sattar Hajee Abdoula announced his resignation as Chairman of the Board of SBM Holdings. His resignation will remain in effect until a...
In a recent announcement, the Mauritius Bankers Association informed the public that bank branches will close at 1:00 PM on Monday, November 11. This early closure...
The Federation of Hotel Taxis Association (FHTA) has publicly expressed its frustration regarding the pervasive issues taxi drivers are currently facing, emphasizing the lack of response...
The Indian rupee has experienced a decline against the US dollar, as the value of the dollar surged against all major world currencies in the aftermath...
Consumers are increasingly hesitant to purchase cooking oil, which has now become a luxury item for some households. The surge in prices occured despite announcements from...