Economy Mauritius

New legislation - Trouble around the carbon tax

The MNS system of customs not reconfigured, garages not ready to certify the emission rate ... These are the first consequences of a bill introduced and passed in a hurry.Putting the cart before the horse.

25 Jul 2011, motors.mega.mu

Views : Infrastructure development

The index, Business Confidence Indicator, showed a growth of 4.2% in industry assurance to reach 111 points.

09 Jul 2011, motors.mega.mu

Rapport confidentiel – Des manquements dans le dossier du pétrolier Betamax

Un rapport ultraconfidentiel d’Insight Forensics Ltd, livré en février 2011 à la nouvelle direction de la State Trading Corporation (STC), révèle une multitude de maldonnes et de mauvaises pratiques sur plusieurs dossiers.

29 Jun 2011, motors.mega.mu

Carburants : prix inchangés

Contrairement à ce qu’ont prévu certains observateurs, le prix des produits pétroliers est resté inchangé sur le marché lundi soir. Une baisse de prix n’est pas envisagée dans l’immédiat.

28 Jun 2011, motors.mega.mu

Rapport confidentiel – Un gouffre financier nommé State Trading Company Mauritius

Des pratiques très douteuses et des transactions louches ont eu lieu. C’est ce que révèle le rapport ultra-confidentiel d’Insight Forensics Ltd, livré en février dernier, dont Le Défi Quotidien a pu se procurer une copie.

27 Jun 2011, motors.mega.mu

India Mauritius Tax Treaty

India Mauritius Tax Treaty is among the top headlines today, a lot of TV channels, Newspapers are monitoring this news. Mauritius has agreed to negotiate and revise the existing Double Taxation Avoidance Agreement (DTAA) with India and the two sides are expected to meet soon to work out the details, Central Board of Direct Taxes [...]

20 Jun 2011, MauritiusHot

Allocation mensuelle au lieu du “duty free"

Le Pay Research Bureau (PRB) souhaite soumettre une formule invitant les fonctionnaires à opter pour une allocation mensuelle au lieu de prendre avantage d'une voiture hors taxes. L'objectif est de participer aux efforts entrepris par le gouvernement pour décongestionner nos routes.

18 Jun 2011, motors.mega.mu

Fuel: overload 3 Rs could be reintroduced

Motorists will soon be fixed on the new fuel prices. It could be that the overhead imposed Rs 3 on every liter of oil is reintroduced to cover losses incurred by the State Trading Corporation (STC) because of "hedging" on the purchase of fuel.

17 Jun 2011, motors.mega.mu

Private Notice Question - STC: difficult baptism of fire for Michael Sik Yuen

For its first Private Notice Question (PNQ), the new Minister of Commerce has been busy. The Opposition has shown aggressive, especially on the losses incurred by the State Trading Corporation (STC) on the "hedging" fuel for which the user must pay.

17 Jun 2011, motors.mega.mu

Consumer to pay RS 4.7 bn hedging loss

The population will have to pay hedging losses amounting to Rs 4.7 billion in addition to the accrued interest of about Rs 250 million.

15 Jun 2011, motors.mega.mu

Some cars run on ethanol this year

Carburize your vehicles from ethanol will be a reality this year. This, at least, what Unienville said Jacques, Chief Executive Officer (CEO) of the group Omnicane at Morning, Tuesday.

15 Jun 2011, motors.mega.mu

Road congestion: a toll system by GPS advocated by the IMF

The International Monetary Fund (IMF) recommends choosing a toll system controlled by GPS (Global Positioning System). This policy of reform of the taxation of transport could possibly be a solution to the problem of traffic congestion. While working for the preservation and protection of the environment.

06 Jun 2011, motors.mega.mu

Infrastructure: Rs 250 billion incurred over the next 10 years

Saturday, June 4 " Rs 250 billion should be mobilized over the next ten years to expand, improve and modernize our infrastructure. It's an ambitious agenda and an unprecedented investment! "said Pravind Jugnauth during a workshop on the National Infrastructure Investment Plan yesterday.

04 Jun 2011, motors.mega.mu

Tanker Betamax: More fear than harm for a maiden voyage

Petroleum products transported to Port Louis by the MV Red Eagle, the tanker Betamax Ltd have suffered no contamination by spoilage. The landing of the MV Red Eagle goes as planned so far.

31 May 2011, motors.mega.mu

A smokeless diesel against pollution

Stopping the vehicle smoke. For this, the State Trading Corporation (STC) plans to import a new type of diesel from 2012.This fuel will be more in line with international standards.

31 May 2011, motors.mega.mu

After Aston Martin, Jean Suzanne motorcycles in the center of a dispute

The liquidator of Infinity BPO Boodhna Roger, did serve a formal notice to the company Ruben Racing Ltd. He seeks the cancellation of payments made by the call center for personal Jean Suzanne. Including the purchase of three motorcycles and two quads.Le all for Rs 1.6 M.

30 May 2011, motors.mega.mu

STC : aucune contamination des produits pétroliers

Ouf de soulagement pour la State Trading Corporation. Le rapport d’analyse de la Société générale de surveillance (SGS) n’a détecté aucune trace de contamination des produits pétroliers en provenance de Mangalore Oil Refinery à bord du tanker Red Eagle de la compagnie Betamax.

30 May 2011, motors.mega.mu

Petroleum contaminated - ACIM: Loss of Rs 40 million

The losses incurred by the State Trading Corporation after infection of 1 000 tonnes of fuel amounted to Rs 40 million, according to the Consumer Association of Mauritius (ACIM).

25 May 2011, motors.mega.mu

Tanks to store 15,000 tons of fuel

A gain soon in the fuel sector. The State Trading Corporation (STC) will soon be able to build tanks to store some 15,000 tons of fuel.

23 May 2011, motors.mega.mu

Rs4bn bill for free transport

The free transport scheme for students and pensioners has a cost – the government having disbursed nearly Rs4 billion to bus companies and individual operators since the introduction of the scheme in 2005.

21 May 2011, motors.mega.mu