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Index of Economic Freedom: Mauritius first in the Sub-Saharan Africa region 30-04-2018

The Heritage Foundation has released the Index of Economic Freedom for 2018. In this 24th edition of the inte
ational index, Mauritius is classified as the 21st freest economy out of 128 countries worldwide, and comes 1st among the 47 countries of the Sub-Saharan Africa region.   With an overall score of 75.1, Mauritius has improved by 0.4 points over last year, wit ...

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Moody’s maintains Mauritius Baa1 credit rating 30-04-2018

Moody’s published its annual Credit Analysis report on Mauritius on 27th March 2018. According to this report, the inte
ationally reknown credit agency maintains Mauritius’ very good performance rating of ‘Baa1’ and qualified the Mauritius’ economic outlook as ‘stable’.   This positive rating is based on the country’s ...

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FDI to Mauritius rises to MUR 14.2 billion in 2017 30-04-2018

The Bank of Mauritius (BOM) has recently released the foreign direct investment (FDI) statistics for the year 2017. Inward FDI to Mauritius has surged to MUR 14.2 billion, representing an increase of 4.4% compared to the previous year.   The sector attracting most FDI was Real Estate, which received MUR 8.8, representing 61.8% of the total FDI to the country and of w ...

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National Code of Corporate Governance 30-04-2018

The National Code of Corporate Gove
ance for Mauritius 2016 (the “Code”) was launched in January 2017, replacing the initial Code of Corporate Gove
ance which was introduced in October 2003. The Code comprises a set of Corporate Gove
ance Principles and Guidance aimed at improving and guiding the gove
ance practices of organisations in Mauritius.   Th ...

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Latest developments in the Mauritius Film Industry – by Island Film 30-04-2018

Nestled in the heart of the Indian Ocean, Mauritius is endowed with a rich multi cultural heritage and offers a versatile landscape where the telltale signs of past colonization blend in effortlessly with mode
architecture.   The Mauritius film industry is currently witnessing a major overhaul. With the introduction of a slew of initiatives to build an ec ...

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Mauritius’ FSC and UK’s FCA sign MoU 30-04-2018

The Financial Services Commission (FSC) of Mauritius and the Financial Conduct Authority (FCA) of the United Kingdom signed a Memorandum of Understanding (“MoU”) on 10th April 2018.   The MoU establishes a formal framework for mutual collaboration in the fields of financial services, information exchange and investigative assistance relating to the superv ...

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Mauritius updates data protection legislation to align with GDPR 30-04-2018

Privacy is considered to be an inte
ational fundamental human right and it has become imperative for us to protect it given its vulnerable nature.   The GDPR was adopted by the European Union in 2016, with the aim to better protect EU citizens from privacy and data breaches. Aimed at data controllers and processors who process personal data on EU individuals, the GD ...

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Mauritius and China kick-off FTA talks 30-04-2018

Earlier this month, Mauritius and China kicked off the first round of negotiations on the Mauritius-China Free Trade Agreement (FTA) at Balaclava, Mauritius.   The first ever FTA between China and an Africa State, this agreement will no doubt bring significant developments in the bilateral trade and investment relations, and further deepen economic cooperation betwee ...

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World Happiness Report 2018: Mauritius ranks 1st in Africa and 55th worldwide 30-04-2018

The World Happiness Report 2018 ranks Mauritius 1st in Africa and 55th worldwide. With a score of 5,981 points, Mauritius has taken the first place in Africa, moving from its second place last year and overtaking Algeria which was then in top position for the continent.   At the global level, Scandinavian countries top the list, with Finland in the lead (7.632 points ...

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FDI into India: Mauritius remains the first source with USD 13.3 for the period April-December 2017 30-04-2018

According to a recent release from the Department of Industrial Policy & Promotion (DIPP) of the Ministry of Commerce and Industry of India, Mauritius remains the first source of FDI to India for the period from April to December 2017. Mauritius thus reaffirms its position as one of the preferred platforms for investments into India.   India received a total FDI ...

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