Image Image Image Image Image Image Image Image Image Image Image Image

AfricaMoney | October 16, 2017

Scroll to top

Top

Posts By AfricaMoney

Strengthening African justice systems is a key priority for building investor confidence, promoting businesses that can boost the continent’s economies.

November 24, 2015 | Strengthening African justice systems is a key priority for building investor confidence, promoting businesses that can create much needed jobs, and boosting the continent’s economies as vital to the economic growth of the African Continent and governments within the African continent are ...
Read More

Mauritius a gateway to Asia through Singapore for the Indian Ocean Islands and countries of eastern and southern Africa.

November 23, 2015 | Mauritius a gateway to Asia through Singapore for the islands of the Indian Ocean and countries of eastern and southern Africa, where this ‘Air Corridor’ offers an exceptional opportunity for growth for Air Mauritius as it taps into the tremendous potential of traffic, as the increase of...
Read More

Mauritius’ trims September trade deficit by 15.0% y-on-y to Rs 5 bn upon lower imports.

November 23, 2015 | Mauritius trade deficit narrowed in September 2015 by 15.0% on a year-on-year basis as the gap between imports to and exports from the island economy was reduced, upon fuel and lubricants imports shrinking to a tenth of the cost of a year earlier with Imports to the Indian Ocean island natio...
Read More

MCB and SBM consider stake in CARE Ratings’ Mauritius arm, as the rating company attempts to foray in the Dark Continent.

November 20, 2015 | Two leading banks in Mauritius, the Mauritius Commercial Bank and State Bank of Mauritius together with the African Development Bank are likely to buy about 20-22% stake in the Credit Ratings (Africa) Pvt Ltd as the company attempts to foray in the Dark Continent. The new venture with an ini...
Read More

Strengthening financial inclusion is a major challenge for Africa; The expert explains how can financial inclusion be strengthened?

November 19, 2015 | Kenya has made huge strides forward through the use of mobile money, but why isn’t the same approach working as well in other countries? What is the best approach to promoting financial inclusion across the continent? For those who wish to dig deeper, here’s the explanation, straight fro...
Read More

Mauritius encourages and foster a culture of integrity and good governance through the introduction of Good Governance and Integrity Reporting Bill .

November 18, 2015 | Mauritius will introduce Good Governance and Integrity Reporting Bill to address the deficiencies in the current legislative framework and stimulating performance in public and private sector organisations through effective reporting and other processes. Moreover, a new Declaration of Assets...
Read More

Bank of Mauritius survey shows net foreign assets at Rs 147.9 bn for week ending November 6.

November 17, 2015 | Estimated net foreign assets for the week ended 6 November 2015 stood at Rs 147.9 billion in Mauritius, said the central bank’s weekly survey, and concerning the monetary base of Rs 69.2 billion, it comprised Rs 29.0 billion for currency in circulation, Rs 40.0 billion for liabilities to o...
Read More

MCB hosts 2015 Africa Forward Together conference to shape Africa’s future together with the champions of economic growth on the continent.

November 17, 2015 | The Mauritius Commercial Bank (MCB) hosts 50 top executives representing 37 African banks at the week-long 2015 Africa Forward Together conference aiming constructive dialogue to shape Africa’s future together with the champions of economic growth on the continent ,with MCB showcase its ...
Read More

MCB’s profits up by 12.5% to reach Rs 1.6 bn for the quarter ended September 2015 upon enhanced performance linked to foreign activities and better yields.

November 16, 2015 | MCB Group Ltd profit level boosted by 12.5% to reach Rs 1.6 billion for the quarter ended September 2015, upon higher net interest income driven by enhanced performance linked to foreign activities of MCB Ltd and better yields within overseas subsidiaries coupled by the decline in excess liq...
Read More

Financial ExpertSpeak: Availability of real time data improves speed & accuracy of investment decisions

November 16, 2015 | Caroline Mugadi, regional business lead of East Africa at Thomson Reuters spoke to AfricaMoney on the importance of the availability of real time data to the market. It not only facilitates greater transparency and accuracy in prices in the money/ financial/ foreign exchange markets, but als...
Read More

Mauritius will host the 3rd Annual Africa Investment Funds and Asset Management forum a platform bringing together all regions together to shape the African pension fund industry.

November 13, 2015 | Mauritius will host the 3rd Annual Africa Investment Funds and Asset Management (AIFAM) Forum organise by MNCapital Group, a South African based investment advisory and communications firm. The forum will convene regional capital owners , fund managers, and investment professionals from the ...
Read More

The Expert Explains: Is Africa doing enough to promote regulatory reform?

November 13, 2015 | The World Bank’s latest report on Doing Business 2016: Regulatory Quality and Efficiency has highlighted that Mauritius remains the top destination for doing business in Africa, ranked in 32nd place globally, and that Sub-Saharan Africa accounts for 30% of the regulatory reforms which made...
Read More

Air Mauritius records profits of Eur 5.7 mn by judiciously managing costs amidst fierce competition.

November 12, 2015 | Mauritius’ national airline company, Air Mauritius Ltd achieved best results in recent years with profit of Eur 5.7 mn, confirming early signs of improvement observed on all performance indicators including seat capacity, passengers carried, and revenue and load factor with new operating p...
Read More

LUX * Resorts & Hotels goes for the signature of a fourth management contract in China; higher occupancy rate inched up revenue of the hotel.

November 10, 2015 | LUX * Resorts & Hotels signs its fourth hotel management contract in China which is inline with  the new strategy of LUX  intending to focus on hotel management in international market. Accordingly, LUX posts satisfactory quarter results with EBITDA and revenue climbing by 38% and 8% e...
Read More

BoM lowers key repo rate to 4.40% to support domestic economic activity; Mauritian growth forecast revised to 3.4%.

November 10, 2015 | The Monetary Policy Committee (MPC) of the Bank of Mauritius (Bank) has unanimously decided to cut the Key Repo Rate by 25 basis points to 4.40% per annum at its meeting yesterday on the 9th November 2015, to support domestic economic activity as global inflation remains benign am...
Read More

Stock Exchange of Mauritius sees indices dip as investment cluster major ENL Land disappoints.

November 9, 2015 | The Stock Exchange of Mauritius closed lower last week, with the broader Semdex dipping 0.3% to hit 1875.63 points even as the SEM-10 fell by 0.1% to 360.78 points, as ENL Land Ltd in the investment cluster fell by 3.2% followed by Terra Mauricia Ltd dropped of 2.4%. The SEMSI index which  ...
Read More

Emirates in support of United for Wildlife takes two massive Emirates jets wearing special livery.

November 6, 2015 | Two massive Emirates A380 jets take to the skies this week, wearing special livery in support of United for Wildlife, a global collaboration that unites the efforts of the world’s leading wildlife charities in the fight against the illegal wildlife trade.  The beautiful livery...
Read More

The Expert Explains: What is the right way to boost insurance coverage in Africa?

November 5, 2015 | Mauritius is seeking to position itself as a platform for companies to enter insurance markets in Africa. Insurance is considered a vital financial product to guard against unexpected events in much of the developed world, yet Africa’s share of the global market in insurance is miniscule W...
Read More

Mauritius connects better to the rest of the world with growing air connectivity under new Bilateral Air Services Agreements.

November 4, 2015 | Mauritius connects better to the rest of the world with growing air connectivity under new Bilateral Air Services Agreements (BASAs) with several countries thus providing for a total of 105 additional weekly frequencies to the Island State which is one of the main outcomes of the country’s...
Read More

Sub-Saharan Africa economies among world’s top improvers of business climate amidst which Mauritius ranks best in the region, with a global ranking of 32.

November 3, 2015 | The “Doing Business 2016: Measuring Regulatory Quality and Efficiency” released records a total of 69 reforms in 35 economies in Sub-Saharan Africa. Mauritius ranks best in the region, with a global ranking of 32, performing particularly well in the areas of Paying Taxe...
Read More

India and Africa needs to nurture existing partnership with Africa rising resolutely towards a brighter future posing to become a powerful magnet in various areas.

October 30, 2015 | Sir Anerood Jugnauth at the 3rd India-Africa Summit emphasised the need to further nurture the existing partnership between India and Africa in building together a spirit of South-South cooperation. India’s continuous support to help Africa tre...
Read More

The Expert Explains: Can social media help tackle corruption in Africa?

October 29, 2015 | As many African countries continue to languish at the bottom of international league tables for corruption, can ‘grass roots’ social media campaigns supported by citizens succeed where ‘top down’ approaches have failed? This month a new online reporting platform called ‘IPaidABribe...
Read More

IT governance an important aspect of a company good governance also an enabler for information technology to support objectives of the organisation.

October 28, 2015 | Cyber ​​attacks are now a reality which all the companies must be prepared to face. In this light that  the ISACA and MIOD, gathered IT professionals  in forum with tile of discussion being  "Cybersecurity Nexus IT Governance and COBIT Framework " moderated by two experts  from the U...
Read More

Hospitality major, New Mauritius Hotels gets green light to list multicurrency notes on the SEM -providing liquidity to its Noteholders.

October 27, 2015 | New Mauritius Hotels Limited will list  717,373 Fixed and Floating Rate Secured Multicurrency Notes on the Stock Exchange of Mauritius with  first day of listing and trading of the notes  being the 12 November 2015 with aim of providing liquidity to the Noteholders  where the Notes were ...
Read More

MTN wins the most valuable and admired African brand in the 4th Brand Africa 100.

October 26, 2015 | In the 4th Brand Africa 100 MTN wins the most valuable and admired Brands in Africa, the composition of the brands was dominated by non-African brands, while African brands have remained relatively stable at 23%.These rankings are increasingly significant as they are an important ...
Read More

The Expert Explains: Do Bilateral Investment Treaties matter?

October 23, 2015 | Bilateral investment treaties (BITs) are a well-established mechanism which are intended to foster investments between countries, and UNCTAD estimates that there are now over 3200 investment agreements globally, including almost 300 involving African countries. Why, then, has South Africa de...
Read More

Emirates places strategic focus on the African continent by increasing operations by over 40% as Africa is still an under-served market.

October 23, 2015 | Emirates is placing a strategic focus on Africa in the coming decade by increasing operations by over 40% as Africa is still an under-served market. The company will continue to channel traffic through the Dubai hub which has already become a key gateway for the African continent. The focus ...
Read More

Mauritius’ trims August trade deficit by 34.1% y-on-y to Rs 5 bn upon lower imports

October 22, 2015 | Mauritius trade deficit narrowed in August 2015 by 34.1% on a year-on-year basis  upon lower imports of Mineral fuels, lubricants and related materials, whose quantum dropped by 62.6% on a yearly basis; and, on a monthly basis as well, trade deficit narrowed by 35.5 % as Mineral fuels, lubr...
Read More

MCB & SBM continue to be the major Mauritian banks funding SME growth

October 21, 2015 | MCB & SBM were the banks favoured by Small and Medium Enterprises in Mauritius, with the former accepting 1,851 applications to the tune of Rs 2.7 billion, representing a 50.0% share in SME funding, while the latter accepted 1,029 applications for an amount of Rs 972.5 million. ...
Read More

Net foreign assets at Rs 146.0 bn for week to 9 Oct 15: Bank of Mauritius

October 20, 2015 | Mauritius’ estimated net foreign assets for the week ended 9 October 2015 stood at Rs 146.0 billion, noted the central bank in its weekly survey, while the monetary base comprised Rs 28.3 billion for currency in circulation and Rs 38.3 billion for liabilities to other depository corporatio...
Read More
Directory powered by Business Directory Plugin