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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.

Banking

Bank Of Mauritius MauCAS Aims To Create The Environment For Digital Payments

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The Mauritius Central Automated Switch (MauCAS) is a novel state-of-the art digital hub fully owned and operated by the Bank of Mauritius for routing...
Business

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

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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

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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

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

Reopening Of Borders: Dr Padayachy Meets Private Stakeholders To Ensure Economic Recovery

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Government has taken into consideration the request to extend the Wage Assistance Scheme and Self-Employed Assistance Scheme till December 2021, and a sum amounting...
Business

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

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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

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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%

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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

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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...
Banking

MCB Juice: 15 September Deadline Extended

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Good news or bad news? The old Juice application of the Mauritius Commercial Bank remains active for a certain yet undefined periods. The new version...
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