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AfricaMoney | July 24, 2014

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Mauritius aims to be regional education hub; launches international tech academy

July 23, 2014 | Mauritius can be used as a platform to reach out to African students and in the years to come, as an educational hub for high cutting-edge research and high-quality education, said Professor Raghunath Shevgaonkar, Director of the Indian Institute of Technology, Delhi. (Image: Amity)...
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Bank of Mauritius says excess liquidity came down to Rs 7.86 billion in July

July 23, 2014 | Several bond issuances were undertaken by BoM to absorb extra money in the banking system and reduce excess liquidity, which has been a pressing issue since December 2013. (Image: Numismondo) Mauritius’ central bank noted that excess liquidity plunged to Rs 7.86 billion on July...
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Medical aid: University of Bordeaux grants 10 more seats to University of Mauritius

July 23, 2014 | 1 Under the agreement, Mauritius gets the benefit of French expertise in the medical domain, and also strengthens its standing in the field of higher education. (Image: Doctors Hangout) As the island economy seeks to augment its health facilities with trained personnel, the agree...
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Export edge: Mauritius reduces trade deficit 3.9% year-on-year in May

July 22, 2014 | Compared to May 2013, the island economy's exports rose by 18.1% to Rs 8.26 billion in May 2014, spurred mainly by exports of manufactured goods which rose 9.88% to Rs 2.6 billion. (Image: Investors Business Guide) Mauritius’ trade deficit came down by 3.9% in May 2014 to Rs 5....
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Mauritius-issued diplomas now recognized in Seychelles

July 22, 2014 | Mauritius’ Tertiary Education Minister Rajeshwar Jeetah (left) welcomed the strengthening of regional ties between the universities of the two economic powerhouses in the Indian Ocean. (Image: GIS) The Mauritius Qualifications Authority (MQA) and its counterpart, the Seychelle...
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Mauritius to breathe easy as decision on India tax rules delayed to next year

July 22, 2014 | The General Anti-Avoidance Rules (GAAR) seek to crackdown on Indian companies and foreign investors seeking to route investments through Mauritius and other offshore jurisdictions, with the sole intent of evading taxes. (Image: Global Finance) In a welcome move for Mauritius, an...
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Mauritius & Pakistan to explore avenues of triangular trade cooperation with Africa

July 22, 2014 | For the implementation of some of the projects under the Africa Strategy, the island would like to collaborate with third countries, spurring private sectors of Mauritius and Pakistan to work together in a triangular mode of cooperation in the Mauritius-Pakistan-Africa format. (Image: GIS) <...
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Soaring high: Air Mauritius ranked second best airlines in Africa

July 21, 2014 | This has been a great month for Air Mauritius, as on July 08, 2014 the national carrier was awarded the prestigious 4-star professional quality rating by airline and airport consultancy Skytrax. (Image: MCB) Air Mauritius distinguished itself as the second best airline in Africa ...
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