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AfricaMoney | November 6, 2016

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Mauritius set to become regional hub for higher education

May 22, 2014 |

There are exciting times ahead for the tertiary education sector in Mauritius, as the Open University of Mauritius forays into Uganda. (Image: Open University of Mauritius)

Tertiary education in Mauritius stands on...
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Islamic financial services industry must use African opportunities: Mauritius PM

May 22, 2014 |

Mauritius is confident of sustaining and developing a buoyant Islamic financial services industry, added Navin Ramgoolam. (Image: Hindustan Times)

Mauritius Prime Minister Navin Ramgoolam noted in his speech at the...
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Mauritius sees year-on-year trade deficit fall 18.7% in March

May 22, 2014 |

The main reason for the year-on-year reduction in trade deficit was the 10% fall in imports in March 2014 to Rs 13,008 million, compared to Rs 14,450 million in the year-ago period...
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Africa: Financial services market on lookout for asset management experts

May 20, 2014 |

The Society of Trust and Estate Practitioners (STEP) worldwide is preparing to organise its next international conference in Mauritius in March 2015. (Image: STEP)

The STEP South Africa Conference, organised by th...
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Mauritius: SEMDEX closes on a high note for week ended 16 May 14

May 20, 2014 |

The total turnover amounted to Rs 244 million, geared largely towards the banking sector – the Mauritius Commercial Bank Group (MCBG) and the State Bank of Mauritius (SBM). (Image: PCS Group)

Mauritius saw its st...
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Lottotech’s Offer for Sale hugely successful and over-subscribed

May 20, 2014 |

As a result of the over-subscription, the Board of Directors will proceed to decide on the allotment of shares, following consultation with the regulatory authorities. (Image: Lottotech)

Mauritius gaming major Lott...
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Mauritius’ unemployment rate holds steady at 8% in 2013

May 20, 2014 |

The work force increased by 14,000 from 511,700 to 525,700 in 2013, according to data released recently by Statistics Mauritius. (Image: Investors Business Guide). 

The unemployment rate in the island economy held...
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Emirates recognizes and rewards select Mauritian travel agencies

May 19, 2014 |

Oomar Ramtoola, Emirates’ Manager for Indian Ocean Islands, with three winners of the Emirates ‘awards’ : Caroline Chen, Director of Atom Travel, Begum Jaulim, Travel Agency Manager of Blue Sky Travel, and Marlys Ithier, Manager Travel Department from Co...
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New PAGE in MID history: Mauritius’ green economy gets UN support

May 19, 2014 | The Executive Chairman of the Maurice Ile Durable Commission, Osman Mahomed, announced in the presence of the UN Coordinator and UNDP Resident representative, Simon Springett, that the island has been selected as pilot country for the Partnership for Action on a Green Economy (PAGE).  (Imag...
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CIEL sees profit after tax up 152% for 9 months ended 31 March

May 19, 2014 |

The textile segment in particular performed well with Rs 377 million in profits compared to Rs 65 million in the nine months ended March 31, 2013.  (Image: CIEL group)

Mauritian conglomerate CIEL saw post-tax pro...
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Luxury no more; access to internet a citizen’s basic right: Mauritius ICT Minister

May 19, 2014 | A one-day workshop on the theme ‘Broadband for Sustainable Development’ was held last Thursday May 15, 2014, in Mauritius in anticipation of the World Telecommunication and Information Society Day (WTISD). (Image: ITU) Broadband is no longer a luxury that only advanced e...
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Mauritius and Ghana to work closely to strengthen partnerships

May 19, 2014 | 1

Duval will pay a three-day state visit to Ghana to strengthen partnerships between the private sector of the West African emerging economy and the island economy. (Image: MBC).

Mauritius’ Finance Minister Xavier-...
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Mauritius to host international communication experts from 28-30 May

May 8, 2014 |

These professionals, speakers and delegates will attempt for the first time to develop a consistent communication initiative for the continent under ‘Campaign Africa’.

The 26th edition of the All Af...
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Tech ExpertSpeak: Mauritius putting user at the centre of e-governance

May 7, 2014 |

Roo Reynolds, product manager, UK Government Digital Service, spoke to AfricaMoney of his take on the digitization of public services in Mauritius.

Roo Reynolds, product manager, UK Government Digital Service, spo...
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Human capital and productivity to lead way for innovation in Mauritius

May 6, 2014 |

Professor Ramakrishna, a leading expert in scientific research, observed that globally, the small countries that have been successful are those that have invested heavily in areas of competitive advantage. (Image: Marie Cecilia Samoisi/AfricaMoney)Read More

Mauritius aviation major launches Caribbean’s first private terminal

May 5, 2014 |

After a successful launch in Mauritius, the luxurious YU lounge has been launched at St Kitts & Nevis by Veling, in collaboration with the Government of St Kitts & Nevis, St. Christopher Air & Sea Ports Authority (SCASPA).

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ICT in focus: Web Cup to be held in Indian Ocean Region on 7 & 8 June

May 5, 2014 |

The Web Cup 2014 is a 24-hour website creation challenge to be held on 7 and 8 June 2014 across Mauritius, Réunion Island, Madagascar, Comoros, Seychelles and Mayotte. (Image: Reunion WebCup)

Economies across ...
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US outstrips Mauritius as route for foreign institutional inflows to India

April 29, 2014 | The US accounted for the largest chunk of ‘assets under custody (AUC)’ of FIIs investing in the Indian equity and debt markets with around INR 45.9 trillion (MUR 22.96 trillion) worth of funds, for the 12 months till December 2013. (Image: Fund Web) The United States...
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Mauritius in quest of cross-border investments in new frontiers

April 17, 2014 |

Trade Minister Arvin Boolell noted that money is coming from both emerging markets and developed countries to new frontiers such as Africa. (Image: UN)

The government is encouraging cross-border investments by cre...
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Economy ExpertSpeak: Petroleum trading to expand economic horizons more than any other single development

April 15, 2014 | Megh Pillay, the CEO of the State Trading Corporation (STC) of Mauritius, spoke to AfricaMoney on how the island is poised to develop itself into a regional petroleum hub. (Image: STC) Megh Pillay, the CEO of the State Trading Corporation (STC) of Mauritius, spoke to AfricaMoney ...
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Mauritius in World’s Top 10 Most Ethical Places for 2014

April 3, 2014 | Concerning environmental protection, Mauritius showed efforts to expand tourism while protecting its communities and environment and is cited by the World Bank in October 2013 as a success story.  (Image: Oleg Znamenskiy/Shutterstock) The World’s Top 10 Most Ethical Places 201...
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Mauritius asserts independence from coal with first solar cooperative farm

March 13, 2014 | Caption: A “Say no to coal and yes to clean energy” campaign, led by the youth, citizens, progressive and leftist movements in the island, is gaining momentum and fuelling such initiatives as the cooperative society. (Image: Everywhere connect) In keeping with the spirit of M...
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Mauritius star rises in China; wins multiple tourism awards

February 28, 2014 |

These distinctions coupled with the promotional campaign, will certainly increase Mauritius’ visibility as a tourist destination on the Chinese market in 2014 for several months. (Image: MTPA)

Mauritius will rece...
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Merger of Mitsubishi’s Princes and Mauritian major Thon des Mascareignes?

February 26, 2014 | 1

Princes supplements its own production with tuna bought from canneries in Ecuador, Thailand and Philippines and a take-over of TDM would bring a part of this production to Mauritius. (Image: IBLMaritime)

A rumour i...
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Tariff negotiations at core of trade agreements: Mauritius ITD Director

February 26, 2014 | Assad Bhuglah, Director of Trade Policy at the International Trade Division, Mauritius, made this statement at a two day seminar which started yesterday. (Image: Intracen) “If we examine the history of GATT and the World Trade Organisation, for more than 60 y...
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Mauritius launches Africa fund to help companies with African forays

February 20, 2014 |

The Mauritius-Africa Fund with a seed capital of Rs 500 million, aims at encouraging local enterprises to invest in Africa. (Image: GIS)

Finance Minister Xavier-Luc Duval yesterday launched the Mauritius-Africa Fun...
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Mauritius: Governor disagrees with committee; says repo rate must rise

February 5, 2014 |

Caption: Bank of Mauritius head Rundheersing Bheenick said on Tuesday that the central bank must redouble efforts to fight inflation. (Image: AfricaMoney)

Governor Rundheersing Bheenick said on Tuesday that the ...
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Workforce woes: Mauritius population increasingly features people aged 60+

January 27, 2014 |

By 2052, the proportion of people aged 60 and above in the population is projected to be 30.2%, around a third of the total populace. (Image: The Guardian)

Even as emerging Asian economies like India and China are ...
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‘Mauritius among most favorable economies in Sub-Saharan Africa’

January 23, 2014 |

Agapito Mendes Dias, the Executive Director representing Mauritius on the Board of the World Bank, noted that the global financial crisis can be tackled by Mauritius as the nation is on the right track for growth. (Image: World Bank)

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Mauritius private equity firm acquires stake in Botswana’s largest retailer

January 10, 2014 |

Standard Chartered Private Equity (Mauritius) III Limited has picked up 12.77% stake in Botswana’s Choppies, a multinational grocery and general merchandise retailer. (Image: Company Website)

Mauritius-based priv...
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