The IBL Group has experienced a significant 88% increase in revenue, reaching Rs 22.9 billion on September 30, 2023, compared to Rs 12.2 billion on September...
Ravate, a Réunionese company, is set to introduce low-carbon cement in Mauritius. The partnership between Ravate Group and Hoffman Green Cement Technologies aims to revolutionise the...
AfrAsia Bank has continued its growth trajectory for the first quarter ending on September 30, 2023, reporting a net profit after tax of Rs 1.7 billion....
The financial services sector in Mauritius has emerged as the second-largest contributor to the country’s Gross Domestic Product (GDP), accounting for 14% of the total. This...
After spending five years as Chief Executive Officer (CEO) at the state-owned MauBank, Premchand Mungar has been appointed as the CEO of SBM. He will officially...
Betamax is demanding Rs 75 million from the State Trading Corporation (STC) to cover legal expenses in their ongoing Supreme Court case. The claim was made...
IBL, through its subsidiary, Elgon Healthcare Ltd, has acquired a majority stake in Westlands Heights Limited (Harleys). The transaction was carried out by IBL as lead...
Maya Sewnath, Vice-President of SME Chambers, states that it will be nearly impossible for small and medium-sized enterprises to pay a 14th-month bonus as proposed by...
The Financial Services Commission of Mauritius (FSC) has launched a new Fintech and Innovation webpage. This webpage is a comprehensive resource hub that caters to the...
Ingenia Group, (ex-Mauritius Chemical and Fertilizer Industry Limited), has reported a decline in revenue for the nine months ending September 30, 2023. The company’s revenue stood...
