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AfricaMoney | October 10, 2015

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The Expert Explains: Do Small Island Developing States have enough influence?

October 1, 2015 | The UN lists 39 countries as SIDS communities which are estimated to represent 5% of the global population. The SIDS was a key component of the speech delivered by Sir Anerood Jugnauth, at the United Nations Summit for the adoption of the Sustainable Development Goals. So who are the Small I...
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MCB’s profits up by 31.0% to reach Rs 5.7 bn for the period ended June 2015; promises great result ahead for FY 2015/16

September 30, 2015 | MCB Group Ltd profit level boosted by 31.0% to reach Rs 5.7 billion for the year period June 2015, on the back of higher net interest income, in spite of pressures on margins posed by excess liquidity and restrained demand for credit locally amidst subdued private investment and Net fee and ...
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The Stock Exchange of Mauritius wins the “Most Innovative African Stock Exchange Award” surpassing the Johannesburg Stock Exchange.

September 30, 2015 | The Stock Exchange of Mauritius (SEM) has won for the third time in five years, the "Most Innovative African Stock Exchange of the year Award" at the Institutional Investment Capital Market Awards 2015 on the basis of a number of criteria, including, among others, initiatives implemented b...
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Mauritius marks its presence in the U.S – Africa Institutional Investor Roadshow 2015 in New York with BOI participation.

September 29, 2015 | The Board of Investment Mauritius is participating in the U.S-Africa Institutional Investor Roadshow Launch today, September 29th, 2015 in New York. The Roadshow will provide a platform for U.S. institutional investors and African government representatives to discuss and implement best prac...
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CIEL group sees PAT amounting to Rs 2.1bn for year ended June 2015, a marked improvement over last year.

September 28, 2015 | Mauritius-based conglomerate CIEL notched a marked improvement for the year end June 2015 over last year with group reporting a net profit after tax of Rs 2.1bn and profit attributable to owners of the parent totaled Rs 1.1bn CIEL group posted revenue of Rs 16.5 bn for the year e...
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ABC motors pre-tax profit surges 71% for the financial year of 2015 proving its resilience by maintaining growth.

September 25, 2015 | With an improvement of 71% of its before tax earnings for the financial year of 2015, ABC Motors Co. Ltd has proved its resilience by maintaining its growth in spite of economic, financial and political challenges. The total revenue of ABC Motors Co. Ltd and its associated compa...
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The Expert Explains: What next on the EU corporate tax agenda?

September 24, 2015 |  Back in June, the European Commission published an EU blacklist of ‘tax havens’ around the world, which included Mauritius, Seychelles and the Maldives. However, this does not mark the end of the story, and the EU corporate tax agenda still continues apace. What next on the EU corporat...
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Mauritius enters into an Investment Promotion and Protection Agreement with United Arab Emirates to boost cross-border investment.

September 24, 2015 | Mauritius and United Arab Emirates has signed an Investment Promotion and Protection Agreement with objective of boosting cross-border investment by protecting investors from direct or indirect double taxation, improve commercial and economic relations and broaden investment...
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