Maya Sewnath, Vice-President of SME Chambers, states that it will be nearly impossible for small and medium-sized enterprises to pay a 14th-month bonus as proposed by...
Absa Bank has acquired the wealth and personal banking business as well as the business banking business of HSBC Bank in Mauritius. The deal, whose value...
SBM’s Head of Business Banking, SME & Microfinance, Darmen Hurkoo, has reiterated the bank’s commitment to supporting SMEs and improving its offerings for the sector. He...
An interactive session took place between the Minister of Industrial Development, SMEs and Cooperatives, Mr. Soomilduth Bholah, and representatives from Export Oriented Enterprises (EOE) at the...
After two years of turmoil since 2020, small and medium-sized enterprises in Mauritius are still struggling to survive, according to Maya Sewnath, President of the local...
Following the promulgation of the Finance (Miscellaneous Provisions) Act 2022, the SME Act 2017 was amended to include a new category of SMEs namely the ‘Mid- Market...
A new agreement will open doors for a financial assistance plan to encourage micro, small and medium-sized enterprises (MSMEs) subscribed to SME Mauritius and the Small...
Small and Medium Enterprises have received Rs12.8billion in terms of credit facilities over the last 10 years (from 31 December 2011 to 31 December 2021), according...
Over 75% members of the SME Chambers are keen to pick in the “loan scheme” offered by the Development Bank of Mauritius (DBM) to pay the...
Small and Medium Enterprises (SMEs) will be exempted from a maximum of Rs 5000 on their annual trade fees paid to the District Councils or Municipalities....
