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AfricaMoney | July 31, 2014

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Mauritius realty up as multiple properties launched under integrated resort scheme

July 30, 2014 | La Tourelle Ocean Villas, Villas Valriche and La Balise Marina are just some of the IRS properties which have recently launched new projects or expansion plans (Image: La Balise Marina) Since legislation in Mauritius was amended to allow foreign ownership of residential property ...
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Mauritius’ Sun Resorts sees 2nd quarter pre-tax loss narrow to Rs 143 million

July 30, 2014 | However, overall loss before tax for the half-year ended 30 June 2014 increased marginally to to Rs 118.49 million for the half-year ended June 30, 2014 against Rs 112.53 million in the corresponding period of 2013 (Image: Long Beach, Sun Resorts) Mauritius-based luxury hotel gr...
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Mauritius back in the lead; routes USD 2.28 billion in FDI to India till May

July 30, 2014 | Mauritius remains the largest investor in India with investments of USD 2.28 billion, far exceeding those of Singapore which invested USD 982 million (Image: Emirates) After a weak year in 2013-14 when Mauritius lost its place as top-ranked FDI investor into India to the Asia-Pac...
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Clean energy: Astonfield & CEB sign agreement over 2 PV farms in Mauritius

July 30, 2014 | Dr Babou Rajpati, resident board member of Astonfield Renewables, and Mr Naroo, CEB chairman, signed the agreement on Monday at the CEB headquarters in Curepipe. (Image: Company) Mauritius and India are displaying a continued positive thrust in their relationship with India-headq...
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Cement crack: State Trading Corp to step in and buy 51% of Holcim Mauritius?

July 28, 2014 | However, as a minority shareholder of Holcim Mauritius, Mauritius-based conglomerate Gamma-Civic – which owns 49% of the company – actually enjoys first rights over the purchase of its partner`s shares. (Image: African Business Review) Following merger plans of the two larges...
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Mauritius to ease India investments under Foreign Portfolio Investor rules

July 28, 2014 | These rules are designed to open up India’s securities market to a broader range of potential investors, and with help from economies like Mauritius to attract investments into India, could achieve just that much needed push to Indian economic growth. (Image: Reuters) The new i...
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Mauritius’ central bank launches ‘Banking Your Future’ Challenge

July 28, 2014 | The aim of the ‘Banking Your Future’ challenge objective is to enable Mauritian youth to tell the central bank what decisions they would take if they were in the shoes of the central bank or a commercial bank, or what steps would they suggest to improve the future of banking as consumers...
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Canada calling: Mauritius to cut down unemployment through overseas jobs

July 28, 2014 | Canada needs more and more senior managers in financial services, ICT, engineering, psychology, education, medicine, security, and provides job opportunities to Mauritians ranging from roles such as doctors to sales representatives to mechanics. (Image: iBackpack Canada) Mauri...
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