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Development Bank of Mauritius signs Framework Agreement with African Solidarity Fund

Development Bank of Mauritius signs Framework Agreement with African Solidarity Fund
Date:December 19, 2018|Domain:Economy & Finance--Business & Industry

GIS – 19 December, 2018: A Framework Agreement for Cooperation, to help achieve Government's vision to support innovation and business development, growth and job creation, was signed yesterday between the African Solidarity Fund (ASF) and the Devel


Minister Sesungkur highlights achievements of the financial services sector

Minister Sesungkur highlights achievements of the financial services sector
Date:December 19, 2018|Domain:Economy & Finance

GIS - 19 December, 2018: The protection of the image of Mauritius as a sound International Financial Centre is key to ensuring a competitive investment climate and consolidating the financial services sector as a major pillar of the economy. This s


Flooding at Cottage: Emergency Flood Rehabilitation Programme being implemented

Flooding at Cottage: Emergency Flood Rehabilitation Programme being implemented
Date:December 17, 2018|Domain:Public Infrastructure--Economy & Finance--Social Security

GIS – 17 December, 2018: Following the recent flooding at Cottage and surrounding regions which has resulted into severe damage to personal properties and public infrastructure, Government is implementing an Emergency Flood Rehabilitation Programme


National Assembly votes Declaration of Assets Bill

National Assembly votes Declaration of Assets Bill
Date:December 13, 2018|Domain:Economy & Finance--Judiciary

GIS - 13 December, 2018: The Declaration of Assets Bill which provides for a new legal framework governing the declaration of assets in the public sector in Mauritius, and for matters related thereto, was voted in the National Assembly, yesterday. T


Salary Compensation of Rs 400 granted to all employees along with increase in old age pension

Salary Compensation of Rs 400 granted to all employees along with increase in old age pension
Date:December 06, 2018|Domain:Economy & Finance--Civil Service--Employment/Labour--Social Security

GIS – 06 December 2018: A salary compensation of Rs 400 across the board will be paid to employees of the public and private sectors and the old age pension will be increased from Rs 5,810 to Rs 6,210 as from January 2019, announced today the Prime


SBM awarded Banker’s Bank of the Year Mauritius Awards 2018

SBM awarded Banker’s Bank of the Year Mauritius Awards 2018
Date:December 05, 2018|Domain:Economy & Finance

GIS - 05 December, 2018: The Banker’s Bank of the Year Mauritius Awards 2018 has been awarded to the State Bank of Mauritius (SBM) for optimum financial performance, leadership and innovation in line to ensuring sustainable growth. Recently, the S


Government stands committed to hold nationwide referendums on matters of national importance, says Prime Minister

Government stands committed to hold nationwide referendums on matters of national importance, says Prime Minister
Date:December 05, 2018|Domain:Economy & Finance

GIS - 05 December 2018:  Government will consider the advisability of introducing referendums on issues of major national importance, where appropriate, taking into consideration the cost element and logistics required for such an exercise. This


Bank of Mauritius issues polymer banknote of Rs2000 denomination for enhanced security

Bank of Mauritius issues polymer banknote of Rs2000 denomination for enhanced security
Date:December 05, 2018|Domain:Economy & Finance

GIS – 05 December, 2018: The Bank of Mauritius has, pursuant to Section 35 of the Bank of Mauritius Act 2004, started issuing today, a polymer banknote of Rs2000 denomination, which is an upgrade of the existing Rs2000 paper banknote.  The polymer R


Prime Minister highlights Government’s proposals towards Financing of Political Parties Bill

Prime Minister highlights Government’s proposals towards Financing of Political Parties Bill
Date:November 30, 2018|Domain:Law and Order--Economy & Finance

GIS – 30 November 2018: The Prime Minister, Minister of Home Affairs, External Communications and National Development Unit and Minister of Finance and Economic Development, Mr Pravind Kumar Jugnauth, highlighted today the proposals of Government wi


Bank of Mauritius maintains forecast of tourism earnings for 2018 at Rs 64 billion

Bank of Mauritius maintains forecast of tourism earnings for 2018 at Rs 64 billion
Date:November 28, 2018|Domain:Tourism --Economy & Finance--Economic Indicators

GIS – 28 November 2018: The forecast of tourism earnings for 2018 is being maintained at Rs 64 billion by the Bank of Mauritius, according to a press communiqué issued by Statistics Mauritius on 26 November 2018. This figure represents an increase o