Mauritius Mauritius

Airfare: Indian Ocean Region 425% More Expensive than Europe

Regional prices of airline tickets are more than 425% higher than their counterparts in Europe, some tickets are even six times more expensive than European rates. And airfares for Indian Ocean region are more than double (in some cases three times) the rate of the Caribbean.

08 May 2013, business.mega.mu

Lait : le Kilo Coûtera Rs 35 Plus Cher Bientôt

C’est du jamais vu. Même les importateurs locaux sont perplexes. Le prix du lait repart à la hausse sur le marché mondial suite à une météo défavorable : froid, excès d’eau ou forte sécheresse qui affectent la production chez les principaux exportateurs notamment la Nouvelle Zélande et l’Australie.

08 May 2013, business.mega.mu

Ponzi Scheme: Member of the SMF and Police Arrested

The wave of arrests continues in the context of investigations initiated on the Ponzi Scheme . Chandraduth Ramchurn, an officer of the Special Mobile Force (SMF) and Pravind Beechlall a policeman were detained.

08 May 2013, business.mega.mu

Three Injured in a Violent Crash in Ville-Noire

A serious car accident left three injured police said. A car crashed head-on at full speed a tree in circumstances that are not yet known.

08 May 2013, motors.mega.mu

Penalty Points, Rafick Bahadoor: "Let Us Stop With the Changes “Piecemeal"

This ultimately is Friday, May 10 the penalty point system comes into force. It was originally scheduled for April 1. A few days before its implementation, the authorities have decided to make some changes for offenses that earned penalty points to drivers.

08 May 2013, motors.mega.mu

FDI in India: 43% from Mauritius

Concerns dissipated, the Non-dual taxation between Mauritius and India has made Mauritius the largest investor in India. On paper, 43% of foreign direct investment in India comes from Mauritius.

08 May 2013, business.mega.mu

NTC: 7,909 Accidents and 45 Deaths in 13 years

Since 2000, the bus National Transport Corporation (NTC) were involved in 7,909 accidents, which killed 45 people.

08 May 2013, motors.mega.mu

Accident Sorèze: Air Leak in Brake System in Four Days Before the Tragedy

Ganesh Deepchand, the bus driver 4263 AG 07 had reported a problem of air leakage in the brake system 29 April 2013 as well as mechanical problems on the eve of the drama.

07 May 2013, motors.mega.mu

Accident de Sorèze : les Experts Soupçonnent d’Autres Défaillances

Les premiers éléments recueillis par les experts mécaniques de la police, qui bénéficient de la collaboration du Forensic Science Laboratory (FSL), indiquent plusieurs failles, en dehors de freins défectueux, dans le système mécanique de l’autobus impliqué dans l’accident de Sorèze, vendredi.

07 May 2013, motors.mega.mu

Offshore: FSC Suspend the License of Ostermann Finanz Ltd.

A third company operating in the financial sector has seen its suspended by the Financial Services Commission (FSC) license. Ostermann Finanz Ltd. operated for five years as a Management Company in the offshore sector.

07 May 2013, business.mega.mu

The UBIW Demand for a Separate Ministry for the Transport Sector

The chief negotiator of the Bus Industry Union of Workers (UBIW) Wakill Lalloo, wants a separate deal with the inland transport ministry. "One minister can not deal with three major sectors, infrastructure, marine and inland transportation," he said.

07 May 2013, motors.mega.mu

Ponzi Scheme: What About Commercial Banks?

Commercial banks have a responsibility in the recent scandals in the Ponzi Scheme? The issue was discussed Monday at the show Question Time on Radio Plus. MP Kee Cheong Li Kwong Wing believes that yes, while Ravin Dajee, CEO of Barclays, emphasizes a range of security measures.

07 May 2013, business.mega.mu

Road Vacoas-Port Louis: Report on the Blue Line Express NTC

The terrible accident on Friday, May 3 at Soreze killed 10 people after a bus Blue Line Express National Transport Corporation (NTC) has rolled several times before ending its run in a channel. It also are forty wounded, many of which are still hospitalized.

07 May 2013, motors.mega.mu

Officials Have to Declare Their Assets

The Prime Minister said amendments will soon be made to the Declaration of Assets Act. Cross-checking with the Le Matinal authorized sources indicate that these amendments concern the inclusion of senior officials and a group of employees of parastatal body under the authority of the Act to ensure that there is no 'abnormal enrichment due to their duties.

07 May 2013, business.mega.mu

Accident at Quatre-Bornes: Witness Said He Saw Yatin Varma Manhandle the Young Driver

Seenundun Ravi, a resident of Quatre-Bornes, claims to have witnessed the assault allegedly suffered Florent Jeannot after a collision between the car and it's BMW General Attorney Yatin Varma. The accident occurred Saturday 5 Quatre-Bornes.

07 May 2013, motors.mega.mu

Internet: Europe Wants to Finance the Cable to Rodrigues

The Government of Mauritius plans to link Rodrigues and Mauritius through a submarine cable to optical fiber. Europe is ready to participate in the financing of this project.

07 May 2013, business.mega.mu

Scholarships for Mauritian Artists

Mauritian four musicians receive a scholarship. These scholarships are offered by Brad Cohen Travel Bursaries. Hearings to assess candidates will be held on Thursday, May 9 and the stock will be available Friday.

07 May 2013, business.mega.mu

Alain Kistnen, the Transport Workers Union: "The Standing is Necessary Evil"

Even though the law is strict about this, recipients often turn a blind eye on the number of standing passengers in the bus, as well as the direction of the bus companies, according to the union.

07 May 2013, motors.mega.mu

CPE 2013: Examinations Will Be Held from 22 to 25 of October

Examinations for the Certificate of Primary Education (CPE), vintage 2013, will be held from 22 to 25 October. A glance at the calendar shows that the French and science are scheduled for 22, 23, English, history & geography and Asian languages and mathematics 24 Friday, October 25. It is now up to the Council of Ministers for endorsement.

07 May 2013, business.mega.mu

FUEL Injects Rs 200 Million in Modernization

The time is the refurbishment and modernization. The sugar factories are preparing for the 2013 cut in two months, which looks better than last year. Like FUEL investing Rs 200 million in the replacement of old equipment by those at the forefront of technology.

07 May 2013, business.mega.mu