News Mauritius Finance: Mauritius rather than Mallorca? How the heat waves are changing our summer holidays
Does the classic Mediterranean summer holiday have a future? That's the question travellers looking for relaxation in southern European are asking themselves, as temperatures in the region reached ...
News Mauritius Finance: Mauritius travel guide: where to stay and what to do
Whoever said paradise doesn’t exist must have never travelled to Mauritius. The small East African island, situated in the beautiful turquoise Indian Ocean, is home to endless sunshine, sand and the ...
News Mauritius Finance: Mauritius: First Payments of the Independence Allowance and CSG Child Allowance Launched By the Prime Minister
Press Release - The Mauritius Revenue Authority (MRA) proceeded to the launching ceremony of the first payments of the Independence Allowance and the 'Contribution Sociale Généralisée' (CSG) Child Allowance, this afternoon, at the Sir Harilall Vaghjee Hall in Port Louis.
News Mauritius Finance: Mauritius: Finance Bill 2023 - Broader and deeper policy reforms are warranted
The amendments proposed in the Finance Bill 2023, relating to the Bank of Mauritius (BoM), Public Debt Management (PDM) and Economic Development Board (EDB) Acts, deserve to be highlighted for their positive impact on the conduct of monetary policy, the management of public debt, and the privatization of Govt entities. However, broader and deeper fiscal and monetary reforms are needed to address the country's economic imbalances.
News Mauritius Finance: Is This a Picture of an 'Underwater Waterfall' in Mauritius?
Additionally, an article on travel website Culture Trip provided a detailed explanation on what causes the illusion: Mauritius, being a relatively young island, happens to sit on an ocean shelf ...
News Mauritius Finance: Here are the buyers and sellers in the Home First Finance block deal
Norges Bank and Societe Generale were the buyers in the block deal that took place in Home First Finance on Monday. Norges Bank, on account of the government pension fund global acquired a 2.39 percent stake in the company, while Societe Generale acquired a 0.81 percent stake. Over 5.3 percent of the total equity of Home First Finance exchanged hands in a large trade worth Rs 330 crore on Monday. Data revealed that Tru North sold 1.93 percent...
News Mauritius Finance: Three entities offload Home First Finance's shares for Rs 330 cr
Two promoter companies, True North Fund V LLP and Aether Mauritius Ltd, and Warburg Pincus-affiliate Orange Clove Investments BV on Monday offloaded shares of affordable housing finance firm Home ...
News Mauritius Finance: Shriram Finance yet to decide on stake dilution in housing finance arm, may infuse capital by year-end
"We are still debating about how to infuse capital into the housing finance company. The debate is whether we should infuse capital or we should unlock the value by diluting 10-20% of our holding, or go for an initial public offer. We are not yet clear about the path we want to take," Shriram Finance Managing Director YS Chakravarti told ET.
News Mauritius Finance: Mauritius: Pre-Budget Consultations - Finance Minister Meets Representatives of Cooperative Societies
Press Release - The Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy, chaired a Pre-Budget consultative meeting in the context of Budget 2023-2024 with representatives of Cooperative Societies, this afternoon, at the Conference Room of his Ministry, in Port Louis.
News Mauritius Finance: Adani Rout Puts Spotlight on Billions Flowing Through Mauritius
(Bloomberg) -- The tiny island of Mauritius spent years trying to clean up its image as a base for murky money launderers and shell firms. The short-seller allegations against billionaire Gautam Adani are once again reviving questions about the country’s role as a tax haven for India’s tycoons.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneRookie Traders Are Earni
News Mauritius Finance: Apex appoints former Mauritius finance minister to leadership role
A former finance minister of Mauritius has been appointed to a leadership position at Apex Group Ltd, the Bermudian-based global financial services provider. The company said Rama Sithanen will take o...
News Mauritius Finance: 'Blinkers on only when it comes to Adani': Mahua Moitra takes a dig at Centre over shell companies
The Trinamool Congress MP had earlier cited a written reply from the Union Finance Ministry to the Rajya Sabha that said "details regarding offshore shell companies owned by Indian citizens is not available"
News Mauritius Finance: MAURITIUS-LISTED CIEL LIMITED MARKS ITS 110TH ANNIVERSARY WITH A REVENUE INCREASE OF OVER 50%
Mauritius-listed African investment company CIEL Limited (CIEL.N0000) delivered its best year-to-date results since the COVID-19 pandemic, surpassing its previous performance just as it celebrates its 110th anniversary.
News Mauritius Finance: New Mauritius tax norms to hit PE investments in India, says IVCA
The recent Mauritius Revenue Authority (MRA) decision to tax capital gains from India, according to the Indian Venture and Alternate Capital Association (IVCA)
News Mauritius Finance: Mauritius – Racecourse Operation Out To Tender
Read more on Mauritius - Racecourse Operation Out To Tender on Sporting Post, bringing you the latest in Horse Racing News, Previews and Reviews.
News Mauritius Finance: Policy dialogue highlights energy sector as a priority to Mauritius
In a recently held policy dialogue meeting, the energy sector was the leading topic, highlighting the sector as a priority to Mauritius.
News Mauritius Finance: Foreign investors from Mauritius likely to keep taxman at bay
One such attempt by the Income tax (I-T) department to lift the 'corporate veil' was struck down this week by a court which ruled that the tricky subject of 'beneficial ownership' (BO) of the Mauritian entity cannot be linked to capital gains.
News Mauritius Finance: Mauritius sails to Maldives to ascertain rights over Chagos Archipelago
Mauritius has sent a scientific expedition to survey its maritime borders with the Maldives in relation to an ongoing dispute with Britain over the sovereignty of the Chagos Archipelago. The survey ...