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AfricaMoney | May 27, 2016

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Lord Mayor: City of London is international gateway for Mauritius

March 1, 2016 | The British High Commission of Mauritius hosted a high level conference on “The City of London: Your International Gateway”  where the British High Commissioner,  H.E. Jonathan Drew highlighted that this was the first ever visit to Mauritius of any Lord Mayor and that the UK showed jus...
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Monetary Policy Committee Maintains Key Repo Rate at 4.4% Per Annum

February 24, 2016 | The Monetary Policy Committee (MPC) of the Bank of Mauritius has maintained the Key Repo Rate at 4.40% per annum. This decision was taken upon consideration on other alternative interest rate scenarios and after weighing the risks to the growth and inflation outlook as well as different fact...
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Palm Global: Mauritius is domicile of choice in captive insurance.

February 16, 2016 | A new Captive Insurance Act was adopted in Mauritius in December 2015, which establishes a new legal framework for the captive insurance business, covering pure captives whereby a corporate entity insures itself, and any affiliates in a group, and mitigates the risk through reinsurance. The ...
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Mauritius signed a Bilateral Air Services Agreement (BASA) with Australia.

February 5, 2016 | Mauritius signed a Bilateral Air Services Agreement (BASA) with Australia. The signature of the BASA between Mauritius and Australia creates the necessary framework to promote the development of air links and exchanges between the two countries. Mauritius and Australia is a landmark in the s...
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Mauritius to begin automatic tax information exchange from September 2018

February 2, 2016 | Mauritius will start automatic exchange of tax information with other nations only from September 2018, joining global efforts to curb flow of black money and tax avoidance activities, which Mauritius agreed to, bringing into force a common reporting standard for automatic exchange of tax in...
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MauBank and MyBiz to be at the forefront of the SME sector to transform Mauritius into a `Nation d’Entrepreneurs`.

January 29, 2016 | MauBank, and MyBiz will be the spearhead of the new impetus that  the Mauritian Government wants to bring to the SME sector in line with the vision of making this sector the backbone of the economy and transform Mauritius into a ‘Nation d’Entrepreneurs’. SME Financing Scheme, would be...
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Will Mauritius benefit from new EU policy on tax havens?

January 28, 2016 | Today the 28 January, the European Commission adopted a new approach on ‘tax havens’ as part of a new “Tax Avoidance Package”. One element of the package is a new External Strategy for Effective Taxation, which seeks to deal with third countries like Mauritius, which in June 2015 had...
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Proposed merger between GML Investment Ltd and its subsidiary Ireland Blyth Limited.

January 28, 2016 | GML Investment Ltd. (GMLI) and its subsidiary, Ireland Blyth Limited (IBL) are considering a merger of  activities to enable the two entities to develop strong operational synergies, financial, organizational and strategic combining resources to further develop the activities locally and ab...
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