The Bank of Mauritius has reported a comprehensive loss of Rs5.5billion in May 2022, according to its monthly financial statement published on its website on August...
Reacting to the decision of Moody’s to review the sovereign rating of Mauritius from Baa2 Negative to Baa3 Stable, the Bank of Mauritius (BoM) has nonetheless...
In view of the sharp deterioration in global economic conditions, the MCB has forecasted a further downgrade of the domestic economy’s growth outlook for this year....
The Bank of Mauritius, the country’s central bank and regulator, has reportedly offered a top contract to an Indian company to conduct an overhaul of its...
Mauritians abroad are sending back lesser cash to the island, according to latest figure released by the Bank of Mauritius. From Rs742million in 2019, inward remittances...
A statement by Malachy McAllister that he never resigned as CEO of AfrAsia Bank’s and that his employer “abruptly and wrongfully terminated” his contract is viewed...
After concluding the Article IV consultation with Mauritius, the Executive Board of the International Monetary Fund (IMF) has insisted again on the need for the island’s...
Opposition MMM leader Paul Berenger has accused the Central Bank as being a “department of the Ministry of Finance because it is funding the country’s budget’....
While all focus was on the 2022/2023 Budget and ensuing discussions, a note posted by the Economic Analysis & Research and Statistics Department of the Bank...
The Financial Services industry has demonstrated strong resilience with a growth rate of 4.2 % last year, according to Finance Minister Renganaden Padayachy. In his budget...
