Construction firm Best Construct is liquidating a dozen properties to pay off a colossal debt of nearly £12.8 million (Rs 800 million), but Mauritius Investment Corporation...
The Sugar Investment Trust (SIT) is exploring the potential sale of its flagship asset, the Splash N Fun Leisure Park in Belle-Mare, in a desperate bid...
The International Monetary Fund (IMF) has endorsed Mauritius’s recent budget reforms aimed at increasing tax revenues without hindering economic growth or hurting vulnerable groups. In its...
The government’s budget estimates for the 2025/26 financial year amount to Rs 305.4 billion. The largest expenses are social security and pensions, totaling Rs 69.9 billion,...
Kee Chong Li Kwong Wing, an economist and boss of Afrexinsure, a pan-African insurance company, has raised serious concerns about Mauritius’s rising public debt, currently standing...
Air Mauritius has managed to convert a colossal Rs 8 billion in debt into equity, paving the way for the national airline’s much-anticipated return to the...
The debt of companies in Mauritius has surged from Rs 175 billion in January 2024 to Rs 199 billion in the same month of 2025, raising...
Since 2015, the establishment of 78 Special Purpose Vehicles (SPVs) has raised significant concerns about financial accountability. According to the government leader, of these SPVs, 69...
Metro Express Ltd is struggling with its financial obligations and is currently unable to repay its debts. The company’s financial outlook appears bleak, primarily due to...
The newly elected government of Mauritius, led by Navin Ramgoolam, faces significant economic challenges ahead. As they prepare to take office, two economists offer their insights...
