Household debt has increased by around Rs 15.2 billion in a year. Mauritians are primarily borrowing to secure a roof over their heads. Indeed, out of...
The Central Electricity Board (CEB) is facing financial crisis with bank overdrafts reaching Rs 7 billion, marking the end of its prosperous era. Formerly holding reserves...
Eddy Godin, aged 48, did not survive his injuries following an assault that took place in Plaine-Magnien last Thursday. Placed under observation, he passed away at...
Household debt has seen an increase of approximately 10% over the course of a year, according to the latest report from the Bank of Mauritius. The...
A recent report of the Bank of Mauritius has revealed that household debt in Mauritius has increased by Rs1.661 billion over the past year. As of...
Jayen Chellum, Secretary-General of the Association of Consumers of Mauritius (ACIM), has called for a new Household Budget Survey in Mauritius. The last survey was conducted...
The new year does not seem to have kicked off on sound grounds, both for Mauritius’ households and the government, according to latest official statistics just...
The International Monetary Fund forecasts that Mauritius will be among the ten most indebted countries on the African continent by the end of 2021. The island’s...
The COVID-19 pandemic and the 16-month border restrictions imposed since March last year have no doubt badly impacted the hospitality industry. These businesses have not been...
The tourism sector had debt hitting almost Rs 55.9 billion by the end of August, according to latest figures released by the Bank of Mauritius. In...
