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AfricaMoney | November 7, 2016

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Posts By AfricaMoney

Mauritius business confidence rises on new markets focus

December 10, 2013 | In good news for consumers, more than three quarters of the 81 firms polled said that they did not expect to raise their prices in the next quarter. (Image: IBL) Business morale on the island economy is on an upswing as firms in Mauritius explore new markets, according to the lat...
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Mauritius now home to university for the 55+

December 9, 2013 | 1 As the U3A opens its Mauritius chapter, it heralds the dawn of a new era for the older generation on the island - those aged over 55 years. Image: U3A website “Retired, but not retiring, and definitely not yet tired”. This fiesty saying captures the spirit of the Universit...
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Price alert: Mauritius’ November inflation slightly up at 3.5 pct

December 9, 2013 | The main contributors to price rise between October and November 2013 were vegetables, alcoholic beverages, cigarettes and motor vehicles. (Image: Mauritius attractions) The cost of living for the common man increased between October and November as annual average inflation measu...
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Financial expertspeak: ‘Mauritius is an important catalyst for Africa investments’

December 6, 2013 | Interview of Mr Rinsy Ansalam, CEO and MD, Bourse Africa. Rinsy Ansalam, CEO and MD, Bourse Africa, the first multi-asset class exchange in Mauritius, spoke to AfricaMoney on how the island economy has the potential to become a world-class financial hub....
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South African markets mourn Mandela’s death

December 6, 2013 | All markets at the JSE Ltd, South Africa’s key stock exchange, will pause for five minutes at 11am on Friday as a sign of respect for Nelson Mandela, the JSE said. (Image: I-Net Bridge) With the iconic South African leader having passed away, markets are marking the tragic oc...
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GoSME: A program to empower Mauritian SMEs

December 5, 2013 | John Heap, President of the World Confederation of Productivity Science, stated that higher productivity is possible in SMEs, and, through productivity improvement, wealth is created for the economy as a whole. In a welcome move for small and medium business enterprises in M...
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Women’s education and economic empowerment in Southern Africa

December 4, 2013 | NGO Gender Links conducted an Entrepreneurship Training Programme in 100 councils of ten Southern African countries, including Mauritius, to empower women and reduce incidence of gender based violence. (Image: Compete Africa) In order to empower women, NGO Gender Links conducted ...
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Africa by numbers 2013: Assessing market attractiveness in Africa

December 3, 2013 | In November 2013, Ernst & Young launched its second edition of the Africa by Numbers report. The FDI projects into Sub-Saharan Africa grew at a compound rate of 22.3% between 2007 and 2012. The Africa by Numbers report continues to highlight the Africa growth story and sharing the best strateg...
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Budget 2014 speech

December 3, 2013 | Empowerment and growth were the dual themes of the Budget 2014 session at the Mauritian Parliament on 09Nov13, as finance minister Xavier-Luc Duval emphasized that the financial measures listed sought to ‘empower the island economy to create a new wave of prosperity.’ Accordingly, a two pronged...
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Vegetables turn cheaper in Mauritius as heavy rains boost crops

December 2, 2013 | The price of fresh vegetables has been lowered by 32.2%, according to Statistics Mauritius data, representing an increase in purchasing power for the common man. (Image: Dream Holiday Mauritius) There is good news for the average Mauritian as prices of vegetables continue to be driven down...
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US to fine tune African Growth and Opportunity Act

November 29, 2013 | The four investigations into the Act include an overview assessing its impact on the economies of sub-Saharan Africa and the factors affecting trade, investment and the economic climate. (Image: US Government) The US economy intends to showcase its focus on the emerging African continent b...
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Standard Chartered Bank introduces Liquidity Management in Mauritius

November 28, 2013 | A pioneering event for Mauritius and Africa, the introduction of the treasury management system represents a goldmine of opportunities for the island economy as it will enable Mauritius to become the leading Regional Treasury Centre in Africa. Mauritius, already a finance hub for...
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Leading Mauritius printing firm MSM on the brink of bankruptcy

November 27, 2013 | The imminent insolvency, indicated in a cautionary announcement to the stock exchange of Mauritius on November 25, puts the future of over a hundred employees in jeopardy. (Image:  Company) An erstwhile leader in printing and packaging, the Mauritius Stationery Manufacturers (MS...
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Is latest electricity plan in line with Maurice Ile Durable?

November 26, 2013 | The second Integrated Electricity Plan (2013-2022) is all about ensuring that Mauritius and Rodrigues are guided towards a more secure electricity future, but fails to focus on green energy (Image: The second Integrated Electricity Plan (IEP) released by the Centr...
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WB’s Doing Business Report 2013-14

November 26, 2013 | The World Bank's Doing Business Report (2013-14) rated Mauritius as the best country for doing business in Sub-Saharan Africa. Rwanda follows closely on its heels and is the most improved country in Sub-Saharan Africa on ease of doing business. Read More

WEF’s Human Capital Report 2013-14

November 26, 2013 | The World Economic Forum's first ever Human Capital Report (2013-14) ranked Mauritius as the foremost Sub-Saharan economy on the index, highlighting the island economy as a champion of human rights. Downl...
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WEF’s Global Competitiveness Report 2013-14

November 26, 2013 | The World Economic Forum's Global Competitiveness Report (2013-14) ranked Mauritius as the most competitive among all Sub-Saharan economies on the index. Download the PDF...
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Sub-Saharan Africa Mobile Economy 2013

November 26, 2013 | Sub-Saharan Africa’s mobile industry has been the fastest growing region in the world for mobile users in the past five years, notes the 2013 report by the GSMA Download the PDF...
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