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AfricaMoney | October 16, 2017

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Stock Exchange of Mauritius: Semdex and SEM-10 dipped by 0.72% each

November 14, 2014 |

On the official market, turnover amounted to Rs 407.1 million, mainly geared towards MCB Group and State Bank of Mauritius. (Image:bayvoice.net)

Stock Exchange of Mauritius indices closed...
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Bank of Mauritius: Corporate sector credit allocated with 63.6% of private sector credit

September 2, 2014 | The ten largest borrowers accounted for 33.9% of total large credit exposures, down from 40% a year earlier. (Image: AFD) The latest edition of the Financial Stability Report published by the Bank of Mauritius (BoM) showed that the total credit stood at around Rs 541.8 billion a...
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Mauritius to implement WTO Trade Facilitation Agreement

June 6, 2014 |

Mauritius foreign minister Arvin Boolell informed the United States Trade Representative, Ambassador Michael Froman, that an implementation plan is currently being worked out with technical assistance fromUnited Nations Conference on Trade and Deve...
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Mauritius tourism growth lags behind other Indian Ocean islands

June 6, 2014 |

Struggling to take off? In just four years, Mauritius has been relegated from market leader in Indian Ocean tourism space, with dominant market share of 40%, to a laggard at third place. (Image: Global Village Directory)

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Mauritius Union Assurance acquires stake in Kenya’s Phoenix Transafrica

June 4, 2014 |

The transaction, which is currently estimated at around Rs 685 million (USD 22.6 million), will be partly financed from MUA's own resources, together with a bond issue. (Image: Adenia)

Financial services major Mau...
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Mauritius: Entrepreneurship Development Programme for unemployed women & youth

June 4, 2014 |

The Entrepreneurship Development Programme training seeks to impart the concept of cooperative entrepreneurship in the fields of Indian culinary skills, henna application, Brazilian embroidery, interior decoration, glass painting, beauty care and hairstyle. (...
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Stock Exchange of Mauritius’ main index plunges 0.85% from Jan-May

June 3, 2014 |

Market capitalization stood at Rs 224.4 billion on 30 May 14, up 5.41% compared to its level at the beginning of the year, boosted by the listing of CIEL Ltd on the official market in February. (Image:business.mega.mu)

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Lottotech: oversubscription prompts review of allotment to favor small investors

June 3, 2014 |

Those who subscribed for less than 5,000 shares will receive all of the shares applied for while those who made offers for more than 5,000 shares will be guaranteed the first 5,000 shares only and will receive 22.17% of excess above 5000 shares. (Image: Lotto...
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APRA ends on note of ‘Africa unite’; pledges to change image of Africa

June 2, 2014 |

APRA, with support from African Union Commission (AUC) and other relevant organisations, will immediately embark on the development of a comprehensive programme of action to position Africa as a rising continent. (Image: Cecilia Samoisi/ AfricaMoney)<...
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International law firm Eversheds to expand into Mauritius, South Africa

December 5, 2013 |

London-based law firm Eversheds, with lawyers at 50 offices in 29 countries worldwide, has announced a tie up with Mahons Attorneys, which is present in Johannesburg, Cape Town and Port Louis. (Image: Legal Week)

L...
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Africa by Numbers: Look before you invest

December 3, 2013 |

Foreign direct investment (FDI) into sub-Saharan Africa has grown at a compound rate of 22.3% between 2007 and 2012, according to a recent report by Ernst and Young (EY).

The Africa by numbers 2013 Read More

Mauritius and India tie up to boost SME sector

December 3, 2013 |

India and Mauritius signed an agreement yesterday on skill development and capacity building to boost micro, small and medium enterprises (MSMEs). (Image: business.mega.mu)

An agreement between India and Mauritius ...
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Budget 2014 expertspeak: Creativity and access are key to Mauritius

November 28, 2013 | AfricaMoney spoke to Sridhar Nagarajan, CEO, Standard Chartered, Mauritius, in an hour-long interview where our financial expert took us through a one-on-one on banking, budget measures to boost the financial sector and his take on the Mauritian economy. 

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Mauritius’ Sept trade deficit zooms up 48.2% year-on-year

November 27, 2013 | The official trade report showed that the gap between imports and exports of goods had widened drastically, zooming up 29.4% and 48.2% compared to August 2013 and September 2012 respectively. (Image: Reuters) Mauritius’ trade deficit went up by a whopping 48.2% in September com...
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Budget 2014 expert speak: “Don’t put all eggs in African basket”

November 21, 2013 |

Mauritian economist Philip Lam gives you his forthright views on tax incentives, housing, unemployment, sector focus, Africa strategy, and most importantly, the implementation of the budget he openly describes as ‘ambitious’

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Mauritius’ CIEL Textiles sees profit up 12% on export boost

November 20, 2013 |

Supported by robust international operations, Mauritius-based clothing major CIEL Textiles saw profits and revenues increase by 12% for the first quarter ended 30 September 2013. (Image: ghtu.mu)

Mauritius-based cl...
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Mauritius financial sector looks up, profits zoom for MCB, SBM

November 15, 2013 |

Industry bell-weathers Mauritius Commercial Bank (MCB) and State Bank of Mauritius (SBM) both declared strong results for the period ended September, 2013. (Image: Peter Kuchar)

The financial secto...
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Budget 2014 expertspeak: ‘Mauritius to become the Brussels of Africa’

November 15, 2013 |

AfricaMoney spoke to Paul Halpin, director, International Financial Services Ltd, Mauritius, to understand the African strategy under Budget 2014 in greater detail.

AfricaMoney spoke to Paul Halpin, director, Inter...
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