The Finance Minister of Mauritius, Renganaden Padayachy, announced the cancellation of all unpaid debts, including penalties and interest, related to the COVID-19 Levy. The exact amount...
The abolition of the Solidarity Levy in the 2023/2024 Budget has garnered widespread support. Experts and business leaders, such as Shamima Mallam Hassam from Mauritius Finance...
Mauritius Telecom (MT) has announced impressive net profits of Rs 1.1 billion for the financial year 2022, doubling its previous year’s earnings of Rs 594 million,...
The Mauritius Commercial Bank Ltd (MCB) has successfully signed a three-year syndicated loan worth USD 500 million (Approx. Rs22 billion). The deal reportedly received strong support...
The Bank of Mauritius (BoM) has released a Public Consultation Paper seeking public feedback on the potential issuance of a Central Bank Digital Currency (CBDC) called...
Mauritius has found itself entangled in a legal dispute between foreign investors and Indian authorities over the annulment of a 2005 satellite deal involving Devas Multimedia...
The World Bank is reviving its business assessment initiative, known as the Doing Business report, which was halted in 2021. In Mauritius, the World Bank has...
The MUA Insurance Group has reported gross premiums of Rs 1.8 billion for the quarter ending on March 31st, a marginal increase from the previous year’s...
SBM Bank (Mauritius) Ltd (SBM) has been ordered by the Supreme Court to disclose details regarding a loan of Rs 1.6 billion (approximately $40 million). The...
Dan Maraye, the Ombudsperson for Financial Services, revealed that his office has resolved around 400 cases since July 2022. However, there are still over 800 pending...
