Mauritius ranks first in Africa and 23rd globally in the Doing Business 2015 Report
Regarded as the strongest performer in the Sub-Saharan Africa, Mauritius found itself at the 23rd position with 74.81 points. (Image: Doing Business)
Mauritius is the first African country to appear in the ranking of Doing Business 2015 report for the year 2013/14, which was published on October 29, 2014 by the World Bank, obtaining the 23rd place on 189 countries.
Under the theme ‘Going Beyond Efficiency,’ the Doing Business 2015 report is the12th in a series of annual reports measuring the regulations that boost business activity and those that constrain it.
Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies—from Afghanistan to Zimbabwe—and over time.
Once again, Mauritius is regarded as the strongest performer in the Sub-Saharan Africa with 74.81 points, nevertheless the island lost three places against the Doing Business 2014 report when it was ranked 20th.
According to the World Bank, the rankings of Mauritius under ten adopted criteria are as follows: starting a business with the 29th place; dealing with construction permits 117th ; getting electricity 41st; registering property 98th; getting credit 36th; protecting minority investors 28th; paying taxes 13th; trading across borders 17th; enforcing contracts 44th; and resolving insolvency 43rd.
The top five African countries are: Mauritius ranked 23rd with 74.81 points; South Africa ranked 43rd with 71.08 points; Rwanda ranked 46th with 70.47 points; Tunisia ranked 60th with 67.35 points; and Ghana ranked 70th with 65.24 points.
Concerning the comments received on Mauritius, the report noted that starting a business on the island is easier because of its simplified preregistration and registration formalities such as publication, notarization, inspection, and other requirements, and with its reduced trade license fees.
The fact that Mauritius has introduced electronic filing for commercial cases, this facilitates the enforcement of contracts, allows attorneys to submit the initial summons online, and enables different branches of the Registrar General Department to share information.
Greece, Kazjhstan, Lithuania, Mauritius and Turkey implemented the electronic filing platforms to make their courts more competent as it is one of the most common features of reforms in contract enforcement in the past year, according to the report.
It is to be noted that the island is among those 63 countries where the website of the Registrar General Department enables users to fill out a form providing feedback of filing a complaint.
Besides, the report stated that Mauritius changes its labour market regulation with altered hiring rules by reducing the maximum duration of fixed-term contracts to 24 months.
Finally, in the general classification, Singapore occupies the first place with 88.27 points followed by New Zealand (86.91 points); Hongkong (84.97 points); Denmark (84.20 points) and Korea (83.40 points).