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AfricaMoney | October 25, 2014

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Mauritius’ Barclays Bank celebrates festival of lights Divali with its customers

October 23, 2014 | The highlight of the colourful show at the Port Louis branch of Barclays Mauritius was a mini concert of the famous Mauritian sega singer Claudio Veeraragoo, together with his troupe of sega dancers. (Image: Company) Mauritius’ premier international bank, Barclays Bank, present...
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Mauritius ranked first in Africa on the Global AgeWatch Index 2014

October 22, 2014 | The report indicated that the island’s percentage of population aged 60-plus is expected to continuously increase from 14.2% in 2014 to 22.8% in 2030 and hit 29.6% in 2050. (Image: Global AgeWatch Index 2014) Mauritius has been ranked first in Africa for guaranteeing economic a...
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Mauritius’ Sun Resorts to issue new ordinary shares to finance restructuring

October 22, 2014 | The hospitality major will raise Rs 1.2 billion to finance the implementation of its new strategy, which includes restructuring of the business into two clusters, funding the renovation of existing hotels, investing in technology and implementing its branding strategy. (Image: Ambre) Read More

Mauritius aviation: Condor awards Harel Mallac; direct Russia fights by Oct-end

October 22, 2014 | The Mauritius Tourism Promotion Authority (MTPA) held a roadshow in Russia to win stakeholder support for the Transaero direct flights to Mauritius scheduled for October 31 2014, and the second A380 Emirates Airline direct flight to Mauritius, which will be operational as from October 26 201...
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World Trade Organization to hold fourth Trade Policy Review for Mauritius

October 22, 2014 | The report analyzes all the details about the developments, which have taken place in Mauritius since the last Trade Policy Review, as also the compliance of the island’s economic and trade policies with its WTO commitments. (Image: Free Enterprise) Mauritius’ fourth Trade Po...
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Mauritians join hands to make Magna Carta’s #notopoverty campaign a success

October 22, 2014 | The #notopoverty project saw Magna Carta employees take to the streets to meet Mauritians, get them to take a picture with a #notopoverty poster and share it on Facebook. (Image: Company) Magna Carta, a renowned reputation management agency with presence across Africa, recently s...
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Mauritius’ trade deficit rises 21% in August year-on-year on rising fuel imports

October 21, 2014 | The rising cost of imports primarily comprised of hikes in mineral fuels, lubricants and related materials, which rose 81.6% to Rs 3.85 billion in August 2014 from Rs 2.12 billion in July 2014, while it amounted to Rs 2.65 billion in the corresponding month of last year, representing a rise ...
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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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