Economy Mauritius

Dismissals: Worrying Trend

The resilience shown by local businesses deal with the global economic crisis in 2008 seems to dissipate this year. Official figures speak for themselves: 722 employees were laid off for economic reasons from January to April 2013, 180 layoffs recorded per month.

11 Jun 2013, business.mega.mu

Economy: No Light at the End of the Tunnel?

Caught between the hammer and the anvil global crisis slowing several local areas, our economy continues to sink. How the landscape will change in the next six months? The point with five economists.

09 Jun 2013, business.mega.mu

Stepping Out: The Globalization Strategies of Chinese Companies

Chinese companies are globalizing on an unprecedented scale, but with mixed success

28 May 2013, business.mega.mu

Sleepy Island of Mauritius Waking Up Fast

It is a common scenario in a South African office: a colleague talking about a recent trip to Mauritius. For a long time we have thought of this Indian Ocean island as our dominion — an upmarket, romantic alternative to the umpteenth Umhlanga family holiday. But the sleepy hideaway has rejigged its fiscal policies and become a bona fide challenger for the place to base multinational business in Africa.

20 May 2013, business.mega.mu

Recession in France: Expected Impact in Mauritius

It's official. France is in recession. The Hexagon is one of the main markets for our exports and our tourism industry. How much will it impact these areas?

17 May 2013, business.mega.mu

Yusuf Ismael (Economist) "One Out of Five Mauritian Earns Less Than Rs 10,000”

Two members of one family must work today to survive the household, says Yusuf Ismael. This PhD in economics sounds the alarm on the impoverishment of the middle class bell and decries the fact that one out of five Mauritius earn under Rs 10,000 in the country.

05 May 2013, business.mega.mu

Underground Economy - Black Money: Billions of Rupees

According to experts, billions of rupees in cash and undeclared circulating in the country. The latest scandals have come to highlight the phenomenon of black money.

05 May 2013, business.mega.mu

Eric Ng: "Rs 400-500 Millions Damage Caused by Floods"

Economist Eric Ng estimate the cost of floods Saturday, March 30 between 400 and 500 million rupees. This is only a rough estimate, while waiting for a detailed assessment of the damage.

04 Apr 2013, business.mega.mu

Floods: What Economic Impact

The floods have once again struck, but this time were more deadly and very devastating, causing serious damage to homes and vehicles, among others. The economic impact is quite big, but the nation console that it could have been much worse.

04 Apr 2013, business.mega.mu

Turning Mauritius into a 24/7

The concept of a 24 by 7 economy is a very simple one. Also known as a ‘round-the-clock’ economy, it means that the country’s economic activities are operational on a 24-hour basis, 7 days a week with many activities happening concurrently.

24 Mar 2013, business.mega.mu

Economy: By No Means Safe from Troublemakers!

Pending the publication on Tuesday 26 official estimates of the main parameters of the economy, including the growth rate for 2013 by Statistics Mauritius, data published during the past week by the Mauritius Employers Federation under the Annual Business Trends Survey came complement analyzes Monetary Policy Committee (MPC) of the Bank of Mauritius.

18 Mar 2013, business.mega.mu

Is China Running Out Of Workers?

On Friday, Beijing’s National Bureau of Statistics announced that China’s “working age” population—the 15 to 59 segment—totaled 937.27 million last year. That number, as large as it is, represents a decline of 3.45 million from 2011. Moreover, the workforce in 2012 comprised 69.2% of the population, 0.6% less than in 2011.

22 Jan 2013, business.mega.mu

2013 - Expectations

2013 is synonymous with struggle for some, like Ashok Subron or Hector hose to ensure the proper functioning of the country. For others, the development will be the key word this year to offer a better Mauritians water and concrete road projects, among others. In short, a year that looks pretty good!

15 Jan 2013, business.mega.mu

Economic Outlook for 2013

The economy remains a major concern. The situation in the euro area has not yet been settled. Worse, the German Chancellor has warned that the situation will be more difficult in 2013.

10 Jan 2013, business.mega.mu

Challenges of the Mauritian Economy in 2013

2013 will be a year of many challenges for the Mauritian economy will continue to suffer the vagaries of the euro crisis.

06 Jan 2013, business.mega.mu

Monetary Policy Committee: the Repo Rate kept at 4.9%

The " Monetary Policy Committee "(MPC) of the Bank of Mauritius opted for the status quo in that it is the rate which is maintained at its current rate is 4.9%.

27 Nov 2012, business.mega.mu

Budget 2013: Xavier-Luc Duval Put On Resilience Of Mauritian Economy

Deputy Prime Minister and Minister of Finance considers that there is no need to worry disproportionately from the global economic crisis. In 2012, the International Monetary Fund predicts a growth rate of 3.4% instead of 4% as originally announced.

17 Oct 2012, business.mega.mu

Balance Sheet: Flagship Companies

With a growth rate for 2012 should be less than 2011, how are the spearheads of our economy? Light on the financial results of the seven leading companies traded.

11 Oct 2012, business.mega.mu

The Global Economy Continues To Slow

Assessment of the health of the global economy presented this Monday, October 8, the Organization for Economic Cooperation and Development (OECD) found that the global economy continues to slow.

08 Oct 2012, business.mega.mu

Growt: Private Investment In Cruel Lack

The Mauritian economy is slowing. This year, the country is expected to achieve growth rates among the lowest in Africa. Investments are at their worst, due to the private sector, still hesitant.

01 Oct 2012, business.mega.mu