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AfricaMoney | January 28, 2015

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Mauritius hosts a million visitors for the first time in island hospitality history

January 26, 2015 | Mauritius received 1,038,968 tourists in 2014, representing a 4.6% growth over the corresponding period in 2013 when a total of 993,106 tourists visited the island. (Image: Constance) It is a first for Mauritius tourism as the island economy has welcomed more than a million tour...
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South African Airways celebrates 50 years of direct flights to Mauritius

January 26, 2015 | It all started on 25 November 1957 when SAA introduced a fortnightly DC-7B service across the Indian Ocean from Johannesburg to Perth in partnership with Qantas, stopping at Mauritius and the Cocos Islands. (Image: North Glen News) South African Airways, the national flag carrier...
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Banks approve credit facilities of Rs 4.41 bn for SMEs in Mauritius

January 23, 2015 | According to central bank data, the three banks that received most of the applications under the SME financing scheme were Mauritius Commercial Bank Ltd (MCB), State Bank of Mauritius Ltd (SBM) and Mauritius Post and Cooperative Bank Ltd (MPCB). (Image: sararickover.files) Banks ...
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Mauritius ICT & Innovation Minister sees ‘Second Economic Miracle’ by 2020

January 23, 2015 | Pravind Jugnauth congratulated NJ Global on choosing Mauritius as a sound investment platform and highlighted the deep economic relationship that binds India and Mauritius. (Image: ION News) NJ Global, the Mauritius-based subsidiary of Indian fund management specialist NJ India ...
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Barclays Mauritius enhances customer convenience with remote account opening

January 23, 2015 | Given its twin advantages of convenience and accessibility, this new service has been welcomed by people across the island. (Image: Barclays) Barclays Mauritius, the Mauritian subsidiary of the British banking major, has started the New Year on a great note by launching its Remo...
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Mauritius maintains lead for FDI routed to India with 52.3% increase year-on-year

January 22, 2015 | Mauritius has far outstripped Singapore by routing USD 5.21 billion, approximately MUR 168.51 billion, into the Indian economy from April to November, 2014, compared to USD 3.75 billion (approximately MUR 121.3 billion) routed from the Asia Pacific island nation in the same period. (Image: ...
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Insurance ExpertSpeak: Mauritius sees fierce competition in general insurance

January 22, 2015 | The Chief Executive Officer of Mauritius Union Assurance (MUA), Bertrand Casteres, elaborated on the organisation's foray into Africa to access the vast Eastern African market with its high growth potential. (Image: Cecilia Samoisi) The Chief Executive Officer of Mauritius Union...
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Mauritius to implement strong reforms to spur growth & avoid middle-income trap

January 22, 2015 | According to the IMF, the seven small middle-income countries facing this trap in sub-Saharan Africa are Mauritius, Botswana, Cabo Verde, Lesotho, Namibia, Seychelles, and Swaziland. (Image: honeymoonpackagemauritius) Mauritius, together with other small middle-income economies, ...
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