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Saturday, March 25, 2023

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CATEGORY

Business & Finance

Read the latest news from the world of business and finance over here. We bring to you the latest happenings from economy, business, banking and much more.

Local News

Funded By The UK Government, SheTrades Hub Aims To Empower Women Entrepreneurs

Staff -
The SheTrades Hub, an online platform developed by the International Trade Centre (ITC) to support women-owned businesses to access markets and finance was officially...
Banking

Former Goldman Sachs Banker, Roger Ng, Sent To 10-Year Prison Term In 1MDB Corruption Case

Vaishali Shastri -
Roger Ng, a former banker for Goldman Sachs, was found guilty of aiding in the theft of billions of dollars from Malaysia's 1MDB national...
Economy

Inflation Hits Alarming 11.0% In February 2023

Staff -
Inflation reached an alarming 11.0 percent in February 2023, up from 9.0 percent in February 2022. Headline inflation for the 12 months ending February...
Business

Former Mauritian Finance Minister Becomes Chairman Of Apex Group

Staff -
Our ex-minister of Finance, Rama Sithanen has been appointed to a leadership position at Apex Group Ltd, the Bermudian-based global financial services provider. The...
Banking

US President Joe Biden Nominates Former Mastercard CEO Ajay Banga To Head World Bank

Vaishali Shastri -
Ajay Banga, a former CEO of Mastercard Inc, has been nominated by US President Joe Biden to head the World Bank. Biden is betting...
Banking

On Russian Invasion’s First Anniversary, Ukraine Unveils New Banknote Commemorating It

Vaishali Shastri -
To commemorate the first anniversary of Russia's invasion, Ukraine's central bank released a commemorative banknote on Thursday. On one side, three troops are shown...
Business & Finance

Bao Fan, China’s Millionaire Banker, Reportedly Missing

Vaishali Shastri -
One of the most well-known millionaire bankers in China has vanished, according to his firm. The company stated in a market update on Thursday that...
Banking

Bank Of Mauritius Is Closely Monitoring The Situation Of Silver Bank

Staff -
On 10 February 2023, the Bank of Mauritius (“Bank’’) took cognizance of a press release issued by Trafigura Group Pte (“Trafigura”) in which the...
Banking

Coin Exchange Campaign Of Idle Coin In Bank Accounts Or For Banknotes

Staff -
The Bank of Mauritius is inviting members of the public to put back into circulation coins they may have in their possession and which...
Banking

Gross Official International Reserves End-January 2023 Amounted To Rs 304.2 Billion

Staff -
The Gross Official International Reserves (GOIR) of the country amounted to Rs 304.2 billion (equivalent to USD6,797.1 million) as of end-January 2023 according to...
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