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An insight into the Mauritian Capital Market - Capital Markets Brokers Ltd (CMB)  14-12-2017

  At CMB, various solutions are available to suit your financial needs. One of CMB’s services is the Portfolio Management service. Indeed, keeping up with rapidly changing markets everyday, staying on top of your holdings and knowing when to act may be more challenging for you.  Under Portfolio Management services, CMB experts will manage your assets in ...

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Measuring the Information Society Report 2017’: Mauritius ranks 1st in Africa 14-12-2017

  According to the 9th edition of the Measuring the Information Society (MIS) Report published by the Inte
ational Telecommunication Union and released on 15th November 2017, Mauritius ranks 1st in Africa and 72nd worldwide in the ICT development Index.   The ICT Development Index (IDI) featured in the MIS report is a unique benchmark measuring the development ...

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The Board of Investment of Mauritius wins the United Nations Awards for Promoting Investment in Sust 14-12-2017

  The Board of Investment (BOI) of Mauritius won the United Nations Awards for Promoting Investment in Sustainable Development Goals at a reception organised by the Investment Commission of the United Nations in Geneva, Switzerland, on 20th November 2017.   This year, the Awards recognize the exceptional achievements of inward and outward investment promotion a ...

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Economic Development Board – Appointment of Chairperson 14-12-2017

  The Chairperson of the Economic Development Board (EDB) has been appointed in the person of Mr Joseph Charles Cartier on 20th November 2017.   The EDB, an initiative that was announced in the Budget Speech 2017/2018, is a new entity which has been set up following the EDB Act passed in the National Assembly in July this year, will regroup and consolidate vari ...

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Mo Ibrahim Index 2017: Mauritius ranks First in Overall Governance in Africa 14-12-2017

  The recently released Mo Ibrahim Index 2017 of African Gove
ance ranks Mauritius first in Africa. Mauritius achieved the highest overall score (81.4) out of a total of 53 African countries. The country is followed by Seychelles with a score of 73.4, followed by Botswana which scored 72.7.   The Ibrahim Index of African Gove
ance (IIAG) is a tool that measur ...

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Paradise Papers: The FSC defends the Mauritius jurisdiction 14-12-2017

  In the context of the release of the Paradise Papers, the Financial Services Commission (FSC) published a press communique on 28th November 2017. The FSC reiterated that Mauritius has always been a transparent and collaborating jurisdiction that adheres to the best practices and norms. These have led the country to gain inte
ational recognition as an inte
ational ...

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Bank of Mauritius maintains repo rate at 3.5% 14-12-2017

  The Monetary Policy Committee (MPC) met on 29th November 2017 and decided to maintain the repo rate at 3.5%. This rate will prevail until the Committee’s next meeting scheduled for 28th February 2018.     The MPC’s principle function is to determine the monetary policy if the central bank to maintain price stability. Members of the MPC came ...

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Mauritius and Russia strengthen cooperation  14-12-2017

  An official Mauritian delegation, headed by the Mauritian Minister of Foreign Affairs, visited Russia at the end of November 2017, at the invitation of Russian Minister of Foreign Affairs, Sergue? Lavrov. The objective was to boost the economic and financial cooperation between the two countries, and to promote the advantages of the Mauritius Financial Center to the ...

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Growth of 4.4% for 2018 expected by MCCI 14-12-2017

According to recently released forecasts of the Mauritius Chamber of Commerce and Industry (MCCI), economic perspectives for Mauritius should see an improvement next year. Indeed, the Mauritian economy is expected to see a growth of 4.4% in 2018. The Chamber also maintains its estimated real GDP growth at around 4% for the current year.   The MCCI observes that after ...

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FDI into India: Mauritius tops the list once again 14-12-2017

  Mauritius reconfirms its position as top source of FDI to India, ahead of Singapore. Indeed, from April to September 2017, USD 11.5 billion transited through the Mauritius jurisdiction to India. According to the figures released by the Department of Industrial Policy and Promotion (DIPP) of the Ministry of Commerce of Industry of India, Mauritius was positioned well ...

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