News Mauritius Economy: HK, Mauritius tax pact to take effect
The comprehensive avoidance of double taxation agreement with Mauritius that was signed in November 2022 came into force on June 23, 2023, the Government announces.
News Mauritius Economy: Mauritius Is Your Dream Destination To Retire
We have traditionally viewed an ageing population as economically challenging; however, it also opens up many unexpected possibilities. Elderly people need ...
News Mauritius Economy: 30% of Nigerian Dollar Millionaires Lose Status in Ten Years - Report
Only 9,800 people out of Nigeria's over 200 million population are worth $1 million and aboveThe number of high-net-worth (millionaires) individuals in Africa's largest economy, Nigeria, fell by 30 per cent in the past decade (2012-2022), a new report has revealed.Henley & Partners, the global firm in residence and citizenship by investment analysis, made this known in its latest edition of the "Africa Wealth Report" AWR published in March.The...
News Mauritius Economy: Global company tax shake-up to capture 90pc of multinationals
More than 130 countries are part of a deal to set a minimum global corporate tax rate and bring tech giants fully into the international tax net, says OECD tax boss and ex-Labor MP David Bradbury.
News Mauritius Economy: Air Mauritius resumes its operations to New Delhi from May 3
Air Mauritius will resume its direct operations to and from Indira Gandhi International Airport in New Delhi as from the 03rd of May 2023, with two weekly flights using the Airbus A330 aircraft in a ...
News Mauritius Economy: Mauritius Receives Additional Grant of 300 Million Japanese Yen for the Procurement of New Coastal Surveillance Radar System [press release]
The Government of Japan has agreed to provide an additional grant of 300 million Japanese Yen to Mauritius, under the Japan's Grant Aid, 'Economic and Social Development Programme', to implement the new Coastal Surveillance Radar System project.In this context, an Exchange of Notes was signed, today, by the Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy, and the Ambassador Extraordinary and Plenipotentiary of...
News Mauritius Economy: Sun, sand and no inheritance tax fuel property boom in Mauritius
Now, a new player is upping the ante for leisure-seekers. Kerzner International, developer of the Atlantis The Royal – the ultra-luxury Dubai hotel that recently hosted Beyonce in a $100,000-a-night suite – is investing about $100 million in 52 ultra-exclusive villas on Mauritiuss eastern coast. Prices for properties on the former nine-hole golf course range from $2.8 million for a two-bedroom unit to $14.4 million for a seafront villa.
News Mauritius Economy: Chagos islanders in emotional, historic trip home
If Mauritius can claim any part of the reef is permanently above sea level, it could prove it is an island and take on thousands more square kilometres of ocean as its exclusive economic zone, marine ...
News Mauritius Economy: Mauritius: Outreach Campaign On the Water Tank and Pump Grant Scheme Kicks Off Today
The Ministry of Energy and Public Utilities in collaboration with the Central Water Authority (CWA) and the Development Bank of Mauritius ... the Minister of Blue Economy, Marine Resources ...
News Mauritius Economy: Mauritius measures reef hoping to lay claim on Chagos Islands
The survey and the tribunal case are proof that Mauritius is intent on asserting its rights to ... the country to extend its baseline in calculating its 200-mile exclusive economic zone. It would take ...