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AfricaMoney | October 22, 2014

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Global Finance Magazine awards Bramer Bank as Best Bank in Mauritius

October 21, 2014 | Ashraf Esmael, Chief Executive Officer of Bramer Bank, indicated that the results have been exceptional, with a growth on an average of 40% per annum in some years, which is four times as fast as the banking industry in general. (Image: Global Finance Magazine) Mauritius’ faste...
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Mauritius’ insurance major SICOM fetes SICOM DrivEasy contest winners

October 21, 2014 | From left to right: Samad Ramjhan, on behalf of winner Bibi Nassera Ramjhan, Ashley Moti (Deputy Manager – Head, Motor), Oodayesingh Goburdhun, Yashmeeta Bundhoo, Marie Gilberte Lamare, Abdul Shakoor Shamia, George Christian Sanassee, Suzanne Leung (Chief Operating Officer of SICOM General...
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Mauritius’ Brasmer & India’s Metropolis tie-up for world-class pathology services

October 21, 2014 | Metropolis Brasmer Lab Services Mauritius will be opening five collection points at Port Louis, Curepipe, Moka, Quatre Bornes & Rose-Hill in Mauritius, with two more laboratories coming up across Central Flacq and Black River in the next 3 months. (Image: MBC) Mauritius-based Br...
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Mauritius’ Constance Hotels to issue rights shares for financing loan repayment

October 21, 2014 | The hospitality major is offering 45,688,895 new ordinary shares with a par value of Rs 10 each at an issue price of Rs 27.00 per share to existing shareholders, fully payable on application, to inject fresh capital into the company. (Image: Constance Hotels) Mauritius-based hos...
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Pray for deals: Mauritius ranked most expensive destination for All Saints’ break

October 20, 2014 | The island economy leads the top 10 expensive destinations in a ranking complied by travel agency Allovoyages.fr with total expenses for a one-week holiday for All Saints' break in Mauritius for a couple being Euro 2,824 (approximately MUR 113,299). (Image: Voyage Ile Maurice) M...
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Mauritius selects Indian contractor consortium to kick-off light rail project

October 20, 2014 | Incidentally, much of the route, known locally as métro leger, would use the alignment of the standard gauge Mauritius Government Railways’ Midland Line, which closed in 1964. (Image: Automation World) India is well on track to lend much-needed support to Mauritius for the lig...
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MCB launches Crescendo Megatrends to spur investment in future growth sectors

October 20, 2014 | An important feature of this product is that 100% of the initial investment is guaranteed at maturity by the MCB; though an investor can choose to have a minimum guaranteed return at maturity or a greater participation in the performance of the Reference Index. (Image: MCB Capital Markets) ...
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Mauritian entrepreneur Aisha Allee first woman to win AfrAsia Tecoma Award

October 20, 2014 | Aisha Allee is the first woman entrepreneur to win this prestigious prize, which considers entrepreneurial achievements across Mauritius, La Reunion and Madagascar. (Image: L'Eco austral) Mauritian entrepreneur Aisha Allee, founder of renowned PR agency Blast Communications, is t...
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