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AfricaMoney | October 16, 2017

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South Africa

Mauritius tops Sub-Saharan Africa in Forbes’ Best Countries for Business list

January 7, 2015 | Despite dropping five places in global ranking to 34th place, Mauritius still leads among Sub-Saharan African economies, followed by South Africa, Botswana, Zambia and Namibia which rounded up the top five African nations at 43th, 69th, 70th, and 72th place respectively...
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South Africa urged to finalise renegotation of Mauritius tax treaty

December 30, 2014 | According to the Davis tax report "South African companies often route investments into other Africa countries via Mauritius since Mauritius has nego...
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Mauritius stuck at 4th place; continues to lag on transparency in Sub-Saharan Africa

December 5, 2014 | On a global perspective though, Mauritius ranks 47th among 175 countries by scoring 54 points, gaining five places against last year’s edition in which it was ranked 52nd out of 177 countries with 52 points. (Image: cna.md) Transparency and fairness cont...
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Mauritius’ SKC Surat extends Food Lovers Market network to Shell filling stations

November 14, 2014 | With the objective of meeting the needs of a clientele that is always on the move, Mauritius-based fresh fruit and vegetables wholesale major, SKC Surat, launched its elite fruit and vegetable store under South African franchise Food Lovers Market (FLM) at the Floréal Shell filling station...
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PR ExpertSpeak: Evolution from public relations to reputation management is key

October 24, 2014 | Vincent Magwenya, CEO of Pan-African reputation agency Magna Carta, said that PR agencies must bring their capabilities from around the world and the rest of Africa into Mauritius and also use them to build the reputations of Mauritian brands and institutions in the rest of Africa and the gl...
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ExpertSpeak: Mauritian accountants’ diverse background offers great potential

October 16, 2014 | Vickson Ncube, CEO of the Pan African Federation of Accountants (PAFA), commented on how Mauritius boasts the competitive edge of a diverse mix of accountants who hold qualifications from across accountancy institutions in the UK and India, among others. (Image: UNCTAD) Vickson ...
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Mauritius takes on Sri Lanka; Maldives and Seychelles for South African tourists

October 15, 2014 | According to data from Statistics Mauritius from Jan-Sept, South Africa is the island’s fourth-largest tourism source market with 64,261 tourists - after France, Reunion Island and UK. (Image: Stuart WestMoreland) A traditionally popular destination among South African tourists...
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Mauritius tourist arrivals up 4.5% year-on-year till September

October 13, 2014 | This overall spike in tourists to Mauritius was mainly driven by Asia, which saw a 23.1% rise in its total footfalls to the island economy to 121,352, against 98,550 tourists for the corresponding period of 2013 (Image: OneTikk) Mauritius’ tourism sector saw significant improve...
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Mauritius ranked first in Africa and fifth globally in Economic Freedom report 2014

October 10, 2014 | The island nation is seen as Africa’s most economically free country offering the highest quality of life and personal freedom. (Image: Forbes) Mauritius has yet again emerged with top honours among African countries in the Economic Freedom of the World 2014 report of the Frase...
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Mauritius gains reputation management edge of Pan-African major Magna Carta

October 9, 2014 | From Left to Right : Vincent Magwenya, CEO of Magna Carta, Sylvia Papie and Stephane Lamvohee of Mauritius, and Moliehi Molekoa, Business Head Unit of Magna Carta. (Image: Company) Magna Carta, one of the most important and respected agencies in the field of both corporate and in...
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EU likely to disappoint while Africa may expect stronger growth: IMF report

October 8, 2014 | The primary takeaways for the island economy, from the latest edition of the International Monetary Fund's World Economic Outlook, are that Mauritius can expect its Expanded Africa Strategy to pay off, but there is little growth to be expected from its traditional trading partners in the EU....
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Bheenick nominated for Africa investor’s Central Bank Governor of the Year award

October 7, 2014 | The winner in this category, which has seven other nominees from across Africa, will be announced at the Africa investor (Ai) Investment & Business Leader Awards 2014, the longest standing international investment awards, on October 9, 2014. (Image: Ai, File Photo from 2013 awards) ...
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Kabir Ruhee of Rogers Technologies Mauritius in top 200 African biz leaders

October 2, 2014 | Besides a ranking of the first 100 established economic leaders from the 1st to the 100th place, there is also a second list of emerging economic elites ranked between the 101st and 200th place, which features Kabir Ruhee, the 36-year-old general manager of Rogers Technologies. (Image: Compa...
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Retail giant Pick n Pay faces lawsuit of Rs 38 mn; to appear in Mauritius court in Oct

September 30, 2014 | Driving away other tenants at the mall because of its ‘lackluster performance’, the court papers note that the South African conglomerate abruptly closed its store on 01 January this year without prior notice, and by dint of simply emailing the mall`s owner the afternoon before the shop ...
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Mauritius & Cabo Verde take top 2 slots in 2014 Ibrahim Index of African Governance

September 30, 2014 | Mo Ibrahim, chairman of the Mo Ibrahim Foundation that compiles the IIAG index, unveiled the index at a press conference held at the University of London on Monday, 29 September 2014. (Image: Nazret) Mauritius was ranked first in the Ibrahim Index of African Governance (IIAG),...
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Mauritius comes 2nd in sub-saharan Africa on index ranking best offshore locations

September 24, 2014 | The report holds up Mauritius as an example of how small countries can compete for offshoring investment by conducting targeted efforts and creating a good business environment, citing the upcoming commercial hub, the Ebene Cybercity, as a major destination for businesses seeking to offshor...
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Economic ExpertSpeak: Integrated reporting to correctly capture performance

September 18, 2014 | Muneer Hassan, Senior Executive at the South African Institute of Chartered Accountants (SAICA) spoke to AfricaMoney on how SAICA member firms generally lead the industry in adopting the highest professional standards, including trends such as integrated reporting, when these are merely indu...
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Global Competitiveness Report ranks Mauritius as first in Sub-Saharan Africa

September 9, 2014 | Mauritius surpassed South Africa by a solid 17 places and also outstripped Rwanda which was ranked 62nd, on the Global Competitiveness Report published last week by the World Economic Forum (Image: KPMG Africa) Mauritius came first in Sub-Saharan Africa yet again on the Global Co...
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Opportunity for Mauritius as gateway to Africa as sub-Saharan Africa`s middle class set to boom.

August 29, 2014 | The study which uses a proven methodology widely employed in South Africa reported that the combined GDPs of the 11 measured economies has grown subsequently since 2000, up from 4.6 million, and 2.4 million in 1990. (Image: MRead More

Mauritius to play host to first-ever Southern African Youth in Tourism Conference

August 27, 2014 | Organised by the Regional Tourism Organisation of Southern Africa (RETOSA), the conference is open to youth from the 15 RETOSA membership countries, including Mauritius. (Image: UNWTO) Reinforcing its status as one of the most attractive hospitality destinations in the region, Ma...
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Pan-African advertising agency The Jupiter Drawing Room forays into Mauritius

August 22, 2014 | Left to right: Fayaz Lallmahomed, Creative Director of The Jupiter Drawing Room (Mauritius), John Warsop, Managing Director of The Jupiter Drawing Room, Aisha Allee, director of The Jupiter Drawing Room (Mauritius), Graham Warsop, founder and chairman of The Jupiter Drawing Room, and Krishen...
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Opportunity for Mauritius as gateway to Africa as PwC points next 10 biggest cities

August 20, 2014 | According to the Global Economy Watch report, most Western companies already have some presence in at least one of SSA’s ‘Top 3’ populous cities - Nigeria’s Lagos, Democratic Republic of Congo’s Kinshasa and South Africa’s Johannesburg - but it is the ‘Next 10’ biggest cities...
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Extended Africa strategy pays off as Mauritius annual exports to Zambia up 16%

August 12, 2014 | In 2013, Mauritius boosted trade with Zambia with 16% rise in exports to Rs 6.8 million, as the island has carved a niche as a well-known source market among Zambian importers. (Image: CHCL) In a major boost to the Extended Africa strategy of the island economy, Mauritius’ apex...
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Mauritius sees tourist arrivals up 4.3% till July 2014

August 11, 2014 | A revival in European arrivals and continued enthusiasm of Chinese tourists for the island economy boosted arrivals to Mauritius to 572,632 from January to July this year. (Image: accommodation.io) Mauritius tourism got a much-needed boost, with overall visitors going up 4.3% to...
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Infrastructure spend in Sub-Saharan Africa to grow 10% a year over next decade

August 8, 2014 | Nigeria and South Africa dominate the capital project and infrastructure market in the region but other countries like Ethiopia, Ghana, Kenya, Mozambique, and Tanzania are poised for growth as well. (Image: Report) Infrastructure spending in Africa is expected to grow considerabl...
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Mauritius exports swing up 2% to hit Rs 29.37 bn in first six months of 2014

August 5, 2014 | Export-Oriented Enterprises (EOEs) particularly performed well, with the value of exports from EOEs increasing at a faster rate of 2.74% to Rs 23.65 billion, compared to the growth rate of total domestic exports at 1.91%. (Image: CHCL) Mauritius witnessed around 2% rise in expor...
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Trade facilitation plays key role in nation’s competitiveness: Mauritius infra minister

August 5, 2014 | A two-day Business and Trade Facilitation Workshop by the Indian Ocean Rim Association (IORA) started yesterday, August 04, 2014 at the Hennessy Park Hotel, in Ebène, with more than 30 delegates from 20 IORA Member States. (Image: ASPI/ File Photo Nov 2013) Trade facilitation h...
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Mauritius ranks in top 5 source countries for outbound FDI in Middle East & Africa

August 1, 2014 | The island economy saw USD 3.25 billion of outbound capital investment in 2013, clearly demonstrating the success of its efforts in positioning itself as a preferred financial hub for investments into Africa, as well as Asia. (Image: Mauritius Insider) Mauritius ranked among the ...
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Mauritius ranks 2nd in Africa on Human Development Index 2014

July 31, 2014 | The 2014 Human Development Report 'Sustaining Human Progress: Reducing Vulnerabilities and Enhancing Resilience' being launched on 24 July in Tokyo by Japanese PM Shinzo Abe (Image: Reuters) Mauritius has been ranked second in Africa after Libya on human development, with the tw...
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MCB Group ranks 20th among African banking groups: The Banker

July 31, 2014 | Also, under the MCB Rodrigues Scholarship program, three grant holders, namely Ludmilla Larcher, Jessika Momus and Anielle Espiègle (from left to right), were awarded scholarships at the MCB Head office in Port-Louis today, July 31, 2014. (Image: Cecilia Samoisi) The recent ...
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