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CATEGORY

Business

Get to know about the latest business news from Mauritius and all over the world over here. Read about the latest happenings from the business world.

Global

Huawei CFO Meng Wanzhou Admits To Misleading Global Financial Institution

Staff -
Due to concerns of HUAWEI’s CFO Meng Wanzhou’s alleged connection and involvement in Skycom Tech Co Ltd (‘Skycom’) , a company operating mainly in...
Business

Global Innovation Index: Mauritius Maintains 52nd Place

Staff -
Global Innovation Index (GII) takes the pulse of the world’s most recent innovation performance of 131 economies on a yearly basis. The 2021 edition published...
Business

Aviation: The Future Of Airmate Ltd Depends On The Watershed Meeting Of Air Mauritius

Staff -
The Watershed Meeting of Airmate Ltd is scheduled for September 30, two days after that of Air Mauritius. The administrators of the company, Sattar Hajee...
Business

Despite Covid-19, A 15% Increase In Alteo’s Turnover

Staff -
Despite the Covid-19 pandemic, Alteo Group's condensed financial results for the financial year ending June 30, 2021 show a clear increase compared to last...
Local News

Archemics Wins Grand Winner Award (Large Companies) At NPQC 20-21

Staff -
Bois Marchand, September 21, 2021: With its multi-faceted project detailing how it reorganized to overcome the Covid-19 crisis, the chemical company and member of...
World

Boris Johnson: Amazon Boss Bezos Won’t Pay Taxes Out Of Kindness

Staff -
In respond to claims that Amazon did not pay enough tax in the UK, Jeff Bezos tells Boris Johnson that governments must decide taxation...
Business

Air Mauritius: The Watershed Meeting Of September 28 Crucial For The Survival Of The Company

Staff -
The administrators of Air Mauritius Sattar Hajee Abdoula and Arvind Singh Gokhool, will have to present their rescue plan of the national aviation company...
Business

China Evergrande Group Drop Could Cause A Systemic Problem, Big Implications For Australia

Staff -
A spillover of the crisis at China Evergrande Group into other parts of the economy could become a systemic problem, warned Jenny Zeng from...
Business

AXIOM Africa Equity Fund: Excellent Performance With A Net Return Of 37%

Staff -
AXYS management is proud to announce the first annual results of AXIOM Africa Equity Fund, an investment fund in Africa open to Mauritians and...
Business

Lux Island Resorts Posts Losses Of Over Rs1 Billion

Staff -
The hotel group Lux Island Resorts Ltd has incurred losses of Rs1.06 billion for the financial year ending June 30, 2021. This was revealed...
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