2nd phase of Solar Water Heater project will start in January 2012
The Minister of Environment, Deva Virahsawmy has announced that the second phase of the solar water heater project which is for the “Maurice Ile Durable” ( MID ) concept will kick off in January 2012. This announcement has been made on the 27 December by the Minister during a press conference at his office in Port Louis. This second exercise More...
Aurea Project: Real Estate Development at Côte d’Or
273 acres of land at Côte d’Or situated not far from the Trianon Shopping Park will soon be converted into real estate development. The first phase will involve the sale of 525 lots of land and the second phase More...
Main Points Of The Mauritius Budget 2012 Presented By Xavier-Luc Duval
The Vice Prime Minister and Minister Of Finance, Xavier-Luc Duval presented the Budget 2012 this evening. Here are the main points of this budget which lasted two hours Tax Measures Abolition of the Solidarity Tax More...
Four Mauritian Banks In The Top 100 African Banks
Four Mauritian banks notably The Mauritius Commercial Bank ( 34th ), The State Bank Of Mauritius ( 52nd ), The HSBC Bank of Mauritius ( 76th ) and the State Bank Of India ( 87th ) are in the 2011 rankings for the More...
IRS: Matala Lifestyle and Spa Project At Rivière-Noire
The construction of the Matala Lifestyle & Spa begins this week at Rivière-Noire and is expected to be completed by April 2013. The project has experienced a slowdown because of the financial crisis. The More...
Net Profit of Rs 124,4 M for AfrAsia Bank
The AfrAsia Bank Group Limited has seen its net profit increased to Rs 124.4 million for the financial year ending June 30, 2011 as compared to Rs 38.5 million in 2009/10. The Chief Executive of the banking group,James More...
Rs 480 000 of Electronic equipment offered to ICAC by the US Embassy
The Independent Commission Against Corruption (ICAC) was offered Rs 480,000 of electronic equipment by the US Embassy. A press conference was held this Thursday, September 15 for this occasion. The computers and More...
HSBC Launches “The Zero Deals”
The HSBC bank has launched a new campaign, the “Zero deals”, it is discounts of 100% on a range of products, from loan housing to credit cards through the personal loan or the package Assetvantage. Concerning More...
The Standard Bank celebrates 10 years in Mauritius
The Standard Bank celebrates this year its ten years existence in Mauritius. Starting in 2001 as an offshore bank, the financial institution began in 2006, after the revision of the banking legislation in 2004, More...
La Balise Marina IRS Project Halted
La Balise Marina of ENL Property, was summoned to stop work since Monday. This decision of the judge Eddy Balancy, was pronounced on September 5. Fishermen and the residents of Black River protested after having More...