Economy Mauritius

Flambée des prix – La baisse du prix des carburants freine son élan

Plusieurs syndicats et ONG ont manifesté contre la hausse du coût de la vie samedi dernier. Les prix continuent à augmenter, malgré l’effort du gouvernement de renverser la vapeur. La baisse du prix des carburants a quand même apporté une bouffée d’air frais aux consommateurs.

06 Apr 2011, motors.mega.mu

Fuel: The government increases its storage capacity slightly, awaiting better

The fuel shortage narrowly averted at the beginning of last month, has served as the trigger to the authorities. The government has committed itself since, in a race against time to avert disaster. Already, gasoline stocks edged higher, accounting for 4 days of consumption.

04 Apr 2011, motors.mega.mu

Lower prices for fuel

Since Wednesday midnight, the price of petrol and diesel decreased.

31 Mar 2011, motors.mega.mu

Commercial sales and fuel for boat boost the profits of Shell

Shell Oil Company (Mauritius) posted a profit after tax up 23% for fiscal year 2010.

29 Mar 2011, motors.mega.mu

Heavy weight of fuel taxes

The price structure of gasoline in force since the beginning of the week, or Rs 51.30, confirms the weight of taxes and fees "general". A first watching is that without the Excise Duty imposed in the 2011 budget, per litre of gasoline would cost substantially the same price as the one in force since January of last year, is Rs 40,50, against Rs 40,40 fixed at the meeting of the Automatic Pricing Mechanism of January 5, 2010. This is emphasized Suttyhudeo Tengur, president of the Association for the Protection of the Environment and Consumers (APEC), in a letter to the …

23 Mar 2011, motors.mega.mu

Foreign Investments in Mauritius – Rise of 70 % in 2010

The amount of direct foreign investment reached a new peak last year. They stood at Rs 13.9 billion against Rs 8.7 billion in 2009. This represents a growth of nearly 60%. The largest foreign investments were made in the field of finance with Rs 4.6 billion inflow in the land and, with Rs 3.4 billion,

23 Mar 2011, MauritiusHot

Two big car rental companies vying to take over Mauritian Avis

By the end of this week the fifty Avis employees should be fixed on the fate of their car rental company. After a tendering exercise last month, Avis Europe should decide between two major Mauritian companies to take over the company's alternative receptive White Sand Tours.

22 Mar 2011, motors.mega.mu

Zaid Ameer, president of Imported Vehicles Dealers' Association: "The price of Japanese cars will rise"

With the crisis in Japan, Zaid Ameer, President of Imported Vehicles Dealers Association, expected to decline in the number of Japanese vehicles sold, as well as an increase in their prices. He recommended that the Mauritian authorities to ensure that Japanese cars damaged do not penetrate the local market.

22 Mar 2011, motors.mega.mu

Gasoline at Rs 51.30, diesel at Rs 43.50

Since this morning, gasoline is selling at its highest price ever achieved at the gas stations in Mauritius - Rs 51.30 per liter; it’s an increase on Rs 2.80 (+5.8%) of its price previous Rs 48.50. Meanwhile, the price of diesel has been increased on Rs 3.60 (+9.0%) and stood at Rs 43.50 per liter.

15 Mar 2011, motors.mega.mu

Fuel price review is possible in mid-March

The price of oil on the world market continues to fluctuate. Sometimes it is $99.58 a barrel, or $102 or $107.95, or $112.57. On Wednesday, it was $114.89 a barrel, the highest level in two years. In Mauritius, the Petroleum Pricing Committee (PPC), a new mechanism established by the State Trading Corporation (STC), directly follows the evolution of prices on the world market.

03 Mar 2011, motors.mega.mu

Savings of Rs 1 billion by industry composting

Developing industrial composting of households waste could save a billion rupees of expenditure per year. This is the goal is the Minister of Regional Administrations Hervé Aimée in the course of an ambitious project to compost solid waste.

02 Mar 2011, business.mega.mu

STC: "No increase in fuel prices soon"

Drivers can breathe briefly. There will be any increases in fuel prices in Mauritius soon, even if the price of crude oil on the world market recorded an increase in recent times.

27 Feb 2011, motors.mega.mu

The fuel beyond Rs 50 in April

The wave of protests in the Middle East, especially in Libya and Iran, is expected to force the fuel price to exorbitant highs in the coming weeks.

23 Feb 2011, motors.mega.mu

Petrol and diesel prices remain steady

The Petroleum Pricing Committee (PPC) on its meeting on Tuesday, decided to maintain the price of petrol and diesel at Rs 48.50 and Rs 39.90 respectively.

16 Feb 2011, motors.mega.mu

Mauritius Island is No. 1 for economic freedom

Mauritius has been ranked 12th in terms of economic freedom, according to the Wall Street Journal newspaper in its Economic Freedom Index 2011report, which was released yesterday. Mauritius is ranked... Read more »

10 Feb 2011, KotZot

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