Stanford Asset Holding Limited, an international commercial entity registered in Seychelles, along with its subsidiary Greenway PCC, registered in the Mauritian offshore, claim to be victims...
France is grappling with a substantial scandal as the prominent construction entity, Fayat Group, faces suspicions of orchestrating an intricate financial manoeuvre to evade French taxes....
State Bank of Mauritius (SBM) is intensifying its legal struggle over the sale of Fidelity Commercial Bank (FCB) by appealing to Kenya’s Court of Appeal. In a...
Air Mauritius’ latest financial report for the fiscal year 2021/22 has sparked worries due to its significant long-term debts of Rs 31.3 billion and short-term debts...
CIM Financial Services (CFSL) has successfully raised of Rs2.5 Billion through a four-year private placement under the Securities (Preferential Offer) Rules 2017. Additionally, it has been...
Airport Holdings Ltd, the state-owned company that owns Air Mauritius and other subsidiaries, reported a revenue of approximately Rs 33.5 billion for the financial year 2022/23,...
Three advertising companies – Circus Advertising Company Ltd, P&P Link Co. Ltd, and Maurice Publicité Ltd – have been found in breach of section 41 of...
The Mauritius Commercial Bank (MCB) has reportedly decided not to implement the proposed new fees of 0.2% on cash deposits exceeding Rs 250,000 made by businesses...
China CAMC Engineering (CAMCE), a Chinese contractor, has been awarded a lucrative contract valued at USD132 million (approximately Rs6 billion) for the design, engineering, procurement, and...
Orison Legal has released a document outlining the main proposals of the Finance (Miscellaneous Provisions) Bill 2023. The bill, currently before Parliament, introduces several changes in...
