Three major banks in Mauritius, HSBC, MCB, and SBM, are facing criminal charges for allegedly violating the Financial Intelligence and Anti-Money Laundering Act (FIAMLA). The case...
The Bank of Mauritius has granted a new license to Banque Patronus Limited, with Somduth Dulthumun among its directors. Dulthumun, a former president of the Sanatan...
The Gamma Group, the leading cement market in Mauritius, in partnership with the industrial cement group Cemindo Gemilang from Indonesia, has concluded the acquisition of Cementis...
The trade deficit for the year 2023 stands at Rs 180.2 billion, approximately 3.4% lower than the Rs 186.5 billion deficit recorded in 2022. In the...
FSC Mauritius has hosted the International Organisation of Securities Commissions Africa/Middle-East Regional Public Conference. The event took place today at the Westin Turtle Bay Resort &...
ENL Group has reported a 48% increase in profits as of December 31st. The financial results for the six months ending December indicate positive performance across...
The MTUC is proposing a minimum wage of Rs 20,000 and a pension of Rs 16,500 for the 2024-25 budget, urging the government to demonstrate its...
The SBM, a market leader in Private and Corporate Banking, has received prestigious accolades from the renowned magazine Euromoney. The bank has been recognized as the...
The turnover of Phoenix Beverages Ltd, the island’s main producer and distributor of alcoholic and non-alcoholic drinks, for the half-year ending on December 31st last year...
Ashish Vijayakar has been appointed as the Managing Director and Chief Executive Officer of SBM Bank India, a subsidiary of the State Bank of Mauritius, effective...
