Petroleum prices Mauritius
Consumer to pay Rs 4.7 bn hedging loss
The population will have to pay hedging losses amounting to Rs 4.7 billion in addition to the accrued interest of about Rs 250 million. It is only then that the hedging surcharge of Rs 3 per litre will be removed, said minister of Business, Enterprise, Commerce and Consumer Protection Michael Sik Yuen in reply to [...]
15 Jun 2011, The Independent Daily
Petrol prices drop, albeit temporarily
Despite the fact that international oil prices have continued to soar over the past few months, the government has decided to temporarily reduce charge in the petroleum price structure. This announcement was made by the minister of Finance and Economic Development, Pravind Jugnauth at the parliamentary session held on Tuesday. The minister also held a [...]
30 Mar 2011, The Independent Daily