Mauritius Mauritius

Profit Margin Revision: Petrol Retailers Association Is Waiting

The Petrol Retailers Association is still awaiting a revised upwards its profit margin. It is expected that the Minister of Commerce to make things happen in the days to come. Otherwise, a meeting of members of the PRA is scheduled for next Tuesday to decide how to proceed. But already, one of the remedies proposed is to seek the intervention of the Prime Minister.

03 Oct 2013, motors.mega.mu

New Director of TEC: Ashok Kumar Bakshi

That's next week that Ashok Kumar Bakshi takes over Sabheer Kasenally, who was interim head of the TEC since the dismissal of Praveen Mohadeb in October 2012.

03 Oct 2013, business.mega.mu

Luxury Cars: Company Owner Soon Questioned

After a few days 'lull', significant developments are expected in the police investigation into the fraudulent acquisition of luxury cars. Central CID traced a Porsche that was driving a horse owner to the Champs de Mars, while the vehicle was imported under the name of a Returning Resident.

03 Oct 2013, motors.mega.mu

BoM Makes War on Liquidity Excess

BoM Wednesday took two decisions aimed partly to raise the Cash Reserve Ratio (CRR) deposits denominated in rupees. And secondly, to reduce the CRR on deposits in dollars, euros and pounds sterling.

03 Oct 2013, business.mega.mu

PTA Bank Opens Third Regional Office in Mauritius

"I am very pleased that the PTA Bank, a major bank for Africa, today opened its third regional office here in Mauritius." This was stressed Xavier-Luc Duval, Minister of Finance, at the ceremony of the official launch of this branch of the bank in the second floor of the Blue Tower in Ebony on Monday. He noted that it is very important to continue to attract national and regional institutions in Mauritius.

03 Oct 2013, business.mega.mu

Commercial Arbitration: Mauritius is Positioning Itself as International Center

As the business takes off in Africa, Mauritius wants to install as an international arbitration center to settle trade disputes. One thing more than a year of operation of the Mauritius International Arbitration Centre, based in Ebony.

03 Oct 2013, business.mega.mu

Investigation by Department of Commerce : Selling Price of Cattle on Legs at Rs 140 - Rs 145 per kilo

In two weeks our fellow Muslim faith celebrate the Qurbani. However, due to the nature of the trade, there is a monopoly on the import and trade of cattle on legs. A survey by the Ministry of Commerce has concluded that the sale price will vary between Rs 140 and Rs145 per kg.

03 Oct 2013, business.mega.mu

Conference on New Card: ICT Minister Backtracked

He planned to give a press conference on Thursday, October 3 to explain the government's position on the new ID card. But this morning, the Minister Tassarajen Pillay Chedumbrum relented ...

03 Oct 2013, business.mega.mu

New Identity Card: Fears

The issuance of the new national identity card began Tuesday. Despite the objections of some and the legal use of other Supreme Court, the State chose to go ahead with this card.

03 Oct 2013, business.mega.mu

Crédit : Les Nouveaux Devoirs des Banques Envers les Garants

La Banque de Maurice vient de publier un guide sur la divulgation de l’information aux garants. Ce guide, qui entrera en vigueur le 1er janvier 2014, vient établir les responsabilités des institutions financières envers les garants tout en préconisant que des relevés de compte écrite ou électronique soient envoyés aux garants qui facilitent l’octroi de crédit.

03 Oct 2013, business.mega.mu

Four Indian Vessels in Mauritian Waters

Under the Indo-Mauritius cooperation in the field of maritime surveillance and anti-piracy operations, the Indian Navy will deploy the First Training Squadron (FTS) in Mauritian waters until October 24. The squadron consists of four ships, including the INS Sharda, INS Gharial, INS Tranagini and CGS Varuna.

03 Oct 2013, business.mega.mu

Budget 2014: Proposals

At one month of the presentation of the 2014 Budget, the various economic players had the opportunity to submit their proposals to the Ministry of Finance.

03 Oct 2013, business.mega.mu

Alain Jeannot: "Beyond Awareness and Responsibility"

The number of accidents on our roads is a concern. Despite awareness campaigns on road safety, fatal accidents continue. Alain Jeannot, president of the NGO Road Safety First (PRAT), said he is still a big job to do to empower road users.

02 Oct 2013, motors.mega.mu

Admission STD I: L’Exercice se Fait Attendre

Admission for STD I 2014 is pending. Parents questioned the date selected while school officials hope that the exercise does not occur during the examination period, scheduled for October. The Ministry of Education, it is reassuring: "We're on schedule," says a senior.

02 Oct 2013, business.mega.mu

Poursuivi pour Homicide Involontaire par Imprudence: Bénéfice duD à un Chauffeur d’Autobus

Ouf de soulagement pour un chauffeur d’autobus. La magistrate Wendy Rangan, siégeant en Cour intermédiaire, lui a accordé le bénéfice du doute pour homicide involontaire par imprudence.

02 Oct 2013, motors.mega.mu

Contests for a Year of Study in Australia

Be entitled to one year of study in Australia all expenses paid. This will be the reward for the winner of an online contest. Students must indeed make digital postcards to demonstrate how to study in Australia can help.

02 Oct 2013, business.mega.mu

British Airways: London 50% Cheaper

From 30 September to 12 October, the British Airways relaunch a special promotion for Christmas. Airline tickets on two classes, namely World Traveller and World Traveller Pluswill cost 50% less.

02 Oct 2013, business.mega.mu

Penalty Points: Findings ....

There has been a very lively debate on the penalty points debate.

02 Oct 2013, motors.mega.mu

Experts: Le Morne Unprotected to Environmental Threats

Le Morne, a UNESCO World Heritage Site by Unesco, threatened ecological hazards. This was noted by foreign experts who were visiting Mauritius for three weeks. "The situation is alarming," they warn.

02 Oct 2013, business.mega.mu

Information on TEC’s Site: Police Arrived at Defi Media Group

The Cybercrime Unit asked a reporter Défi Media Group and landed in drafting the Défi Quotidien in the afternoon. This under audit following a complaint from the Tertiary Education Commission (TEC).

02 Oct 2013, business.mega.mu