In an interview with Le Mauricien, Greg Lowden, the CEO of HSBC Mauritius, has reassured that the bank has no intention of leaving Mauritius. He stated...
Business Mauritius has launched the Water Stewardship Guidelines, aimed at helping businesses in Mauritius address the global water crisis and alleviate water resource pressures. Water scarcity...
ABC Banking Corporation, the banking arm of the ABC Group, has reported after-tax profits of Rs 82.6 million for the first quarter of the 2023-2024 financial...
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...
