Mauritius Mauritius

Carbon Tax : The MVDA Estimated State Loss of Rs 600 m

The Motor Vehicles Dealers Association (MVDA) outcry. The State loses Rs 1 million each day in Excise Duty. That, since the introduction of the Excise Amendment Act, July 13, 2011, more commonly known as the 'carbon tax'. That would be around Rs 500 and 600 million to date.

05 Apr 2013, motors.mega.mu

Alleged Fraud: Sunkai Accounts Analysed

The investigation about Sunkai Company Ltd took another step Thursday. CCID investigators have scoured the bank accounts of the company, which operated according to the Ponzi scheme.

05 Apr 2013, business.mega.mu

Internet Slowdown: Mauritius is Still Suffering from Cable Cut in Egypt

Customers have probably noticed a slowdown in the internet at this time, especially during peak hours. This problem, highlighted by Mauritius Telecom (MT) in a statement last week and broadcast on various media platforms, is due to an interruption of several submarine cables fiber optic Alexandria in northern Egypt.

05 Apr 2013, business.mega.mu

BoI Noted "Strong Interest" of Chinese Investors to Mauritius

The recent mission of the Board of Investment in Hong Kong, Shanghai and Beijing has to denote a "keen interest of Chinese financial institutions" to use Mauritius as a financial platform for entry into the African continent.

05 Apr 2013, business.mega.mu

Risk Of Heavy Rains: All Higher Institutions Closed In 14 Hours

The public and private universities will close at 2:00 p.m. this Friday, April 5. The decision was taken by the Ministry of Higher Education because of the new weather risk.

05 Apr 2013, business.mega.mu

Accidents: Two New Victims

Since Tuesday evening, two new victims of road accidents were recorded by the police. A sexagenarian was fatally hit by a car while crossing the highway Calebasses, while a 23 year old man succumbed to his injuries wiped during an accident two months ago.

05 Apr 2013, motors.mega.mu

Financial Statements: Lack of Corporate Liquidity Continues

Companies closing their fiscal year 2012, published their balance sheets. If they are still in a profitable situation, however they seem to experience a problem of 'cash flow'. Focus on some of these companies.

05 Apr 2013, business.mega.mu

Arnaques Financières : Bimla Ramlol, « Mo Pou Déballe Tout Bann Zafer »

Hier, le Central CID a ouvert un troisième front d’enquête dans les cas d’arnaques financières avec un trou d’au moins Rs 700 millions pour la seule compagnie White Dot International Consultancy Limited.

05 Apr 2013, business.mega.mu

Schools and Colleges Closed Friday

Time-out for students from pre-primary, primary, secondary and centers MITD but not tertiary institutions this Friday, April 5.

05 Apr 2013, business.mega.mu

Inondations - Aux Assureurs: La FSC pour un Traitement Juste et Expéditif des Réclamations

Insurers Association : fonds de solidarité d’au moins Rs 500 000 pour les victimes

05 Apr 2013, motors.mega.mu

Horse Racing - 3rd and 4th Days in 2013: Weekend Racing within Mourning

At background of mourning will be held this weekend, the 3rd and 4th days of racing. MTC deploys to great lengths to be made a tribute to flood victims during this weekend classic, which will be marked by the holding of Sunday Duchess Of York Cup.

05 Apr 2013, business.mega.mu

Floods: WMA Had Studied the Ring Road

A report by the Wastewater Management Authority (WMA) drew attention to the failure of the drains on the construction of the Ring Road . Large studies have altered the natural flow of water during heavy rains.

05 Apr 2013, motors.mega.mu

Examination Fees Payment: Extension for Private Candidates

The procedure for payment of examination fees of SC and HSC began Tuesday for private candidates. The fees can be paid by debit and credit cards.

05 Apr 2013, business.mega.mu

E-Judiciary: Entry of Commercial Litigation in Supreme Court Now Available Online

Lawyers can record trade complaints in court through the E-Judiciary from Thursday April 4. This service should accelerate administrative procedures.

04 Apr 2013, business.mega.mu

Whitedot Case: Connection with South Africa

After a week of investigation, including questioning the alleged mastermind Arun Mossuddee, 24 years in the financial fraud of Rs 700 million with at least 800 victims, the Central CID sleuths have made a breakthrough.

04 Apr 2013, business.mega.mu

Whitedot Case: Rs 375 Million to Date

Based on information provided to date by customers Whitedot, the central bank estimated Rs 275 million the value of deposits. For its part, the police estimated Rs 100 million for seized assets.

04 Apr 2013, business.mega.mu

Student Experience Program: Five Mauritians Internship at Daimler in Germany

Many new graduates Mauritian recently had the opportunity to apply for a six-month internship in Germany through the Student Experience Programme Southern Africa Initiative of German Business. Nominate five of them, from the University of Mauritius and University of Technology, has been selected for this trip Daimler group, which produces vehicles under the Mercedes-Benz brand.

04 Apr 2013, business.mega.mu

Assurances : Attention aux Litiges

Suite aux inondations de samedi, la Financial Services Commission (FSC) anticipe un grand nombre de dossiers de dédommagements déposés dans les compagnies d’assurances du pays.

04 Apr 2013, motors.mega.mu

Sunkai Co Ltd: Harry Sookun, Partenaire Présumé de Bimla Ramloll

Bimla Ramloll, alias « Madame Kaba », déjà impliquée dans une affaire de pots-de-vin avec l’allocation des étals de la foire de Quatre-Bornes, constate que le monde autour d’elle s’écroule.

04 Apr 2013, business.mega.mu

Weather: the SMS Alert Starts

Announced by the Prime Minister last Monday, the alert system via SMS torrential rain is being put in place.

04 Apr 2013, business.mega.mu