To combat the runaway inflation of consumer goods, the government is planning to introduce a new mechanism for commercialization. The initiative aiming to create a direct...
Mauritius has signed a new contract with Sahara Energy Resources, a Nigerian company, to supply oil products to the island nation. The agreement is taking effect...
The government of Mauritius has revealed that public debt has surged by Rs16.6bn in just six months, with foreign debt surpassing Rs80bn to reach Rs83.8bn. This...
Betamax is demanding Rs 75 million from the State Trading Corporation (STC) to cover legal expenses in their ongoing Supreme Court case. The claim was made...
The State Trading Corporation (STC) has warned of potential fuel price increases due to rising global oil prices and geopolitical factors. Rajiv Servansingh, the Director General...
Social activist Nishal Joyram has formally urged the Independent Commission Against Corruption (ICAC) to launch an investigation into the State Trading Corporation (STC). He expressed concerns over...
Former STC director, Jonathandrarao Ramasamy, had a provisional charge of abuse of power dropped by Magistrate Arun Rohamally. The Magistrate criticised the Independent Commission against Corruption...
After the second fuel price adjustment in a week, questions have emerged regarding the transparency and independence of the Petroleum Pricing Committee (PPC) responsible for setting...
The decision by the government to reverse the increase in gasoline prices is seen by Ritesh Ramful, a member of the Labour Party, as mere “theatrics.”...
In response to mounting public anger over rising fuel prices, the government implemented a “face-saving” operation on Friday evening. According to Le Mauricien, the Petroleum Pricing...
