Former Port Louis Lord Mayor Sheikh Mukhtar Hossenboccus has resigned from the Labour Party. Hossenboccus has been the “constituency clerk” of MP Osman Mahomed in constituency...
MCB’s profit after tax for the year ended 30 June 2022 reverted to its pre-pandemic level, growing by 21.0% to reach Rs8.9 billion compared to the...
Phoenix Beverages Ltd (Phoenix Bev), the leading brewer and beverage company, has just posted a 14.8% increase in turnover for the year ended 30 June 2022....
With the unprecedented floods in Pakistan since 14 June 2022, Mauritius is organising a humanitarian initiative of fund-raising to contribute in alleviating the sufferings of millions...
The Bank of Mauritius (BoM) has raised the Key Repo Rate (KRR) by 75 basis points to 3.00% per annum at its meeting held on 28...
Former Bank of Mauritius Governor Rundheersing Bheenick is reportedly suing the State, the Police Commissioner and Heman Jangi, Head of the Central CID for Rs50million. The...
The State-owned Maubank is officially on sale. A call for international expressions of interest was launched at the end of last week. The project was conferred...
In a demand notice dated September 19, AfrAsia has reportedly demanded SBM to pay a $7.5 million (Rs338million) debt claim within 21 days, failure to which...
Oceanarium (Mauritius) Ltd (OML), which operates the Odysseo oceanarium, has posted a total comprehensive loss of Rs23.7million for the financial year ended 30 June 2022. Basing...
Mauritius has teamed up with a group of over 30 countries led by India and issued a joint statement calling for reforms in the United Nations Security Council (UNSC)....
