Latest articles from Mauritius

Mauritius CBG

Bank of Mauritius governor takes long-term view on reforms

May 2, 2017

For the past two years, Mauritius’s central bank has fostered measures to fortify the country's banking sector, which accounts for 12% of its GDP. While reforms are paying off, challenges such as offshore business risk persist and need to be managed, as central bank governor Rameswurlall Basant Roi tells James King.

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Mauritian banks think beyond home comforts

May 2, 2017

Careful cost management and diversification have yielded solid profits for Mauritius’s banks. And with the government now focusing on SMEs, many banks are now developing their services for this sector while also expanding their footprint abroad. James King reports.

Sunil Benimadhu teaser

Stock Exchange of Mauritius CEO looks to lead the way in Africa

May 2, 2017

The Stock Exchange of Mauritius is aiming to attract outside interest by launching a new index that lists international companies, and will soon host the first African Development Bank exchange-traded fund, CEO Sunil Benimadhu tells James King.

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Mauritius sets out stall to become go-to southern IFC

May 2, 2017

Despite its major business partner India renegotiating a tax agreement, and mutterings of tax haven status, Mauritius has thrived as a regional financial centre. Now it is positioning itself as the southern hemisphere’s IFC of preference. James King reports.

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Scandals fail to derail Mauritius' IFC ambitions

September 1, 2015

Mauritius' reputation as a well regulated, safe destination for banking and business has suffered during recent corruption scandals, but such is the country's strong reputation that these events do not seem to have adversely affected its ambitions to become an international financial centre.

Mauritius' economy gathers momentum

September 1, 2015

A move from tourism and textiles to financial services, a focus on Asia and Africa instead of Europe, and the election of a new business-friendly government have seen Mauritius' economy change direction in recent years. And the early signs are that these shifts are paying off.

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Mauritius finance minister looks to new economic model

September 1, 2015

The finance minister of Mauritius' belief that the country is at a crossroads is driving his efforts to revive its economy by recreating it with an emphasis on the services sector and the 'ocean economy'. He updates James King on the progress of these plans.

Ramesh-Basant-Roi

Mauritius CBG looks towards a calmer currency environment

September 1, 2015

Mauritius' central bank governor discusses the challenges that he faces, including the volatility of exchange rates and high leverage ratios within some of the country’s corporates.

Africas next banking hub

Mauritius: Africa’s next banking hub?

August 1, 2013

Mauritian banks have navigated the country’s economic slowdown well by growing their local loan books as well as their overseas operations. And the latter have been boosted by Africa’s economic buoyancy, which bankers say Mauritius should exploit to become a hub for investments into the continent.

Mauritius looks to African markets as Europe falters

Mauritius looks to African markets as Europe falters

December 3, 2012

Mauritius, one of Africa’s most open economies, is suffering from Europe’s woes. But rather than attempting to isolate the country, its finance minister is trying to diversify its export markets and develop new industries. 

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