Tag: Bank of Mauritius

This is the kind of wastage that the country can simply not afford

In a press release dated 17th June 2016, the Bank of Mauritius (BoM) has announced that, after consulting with the Prime Minister and the Minister of Finance and

Yacoob Ramtoola of BDO, the Special Administrator of the now defunct British American Insurance Co (BAI) appointed by the Financial Services Commission, asked that the assets of the

The Annual Report of the Bank of Mauritius (BoM) for the year ended 30 June 2015 is cautiously reassuring about the state of health of our banking system.

A Breath of Fresh Air in a Sea of Debts: No More Residence Repossession by Banks — V. Lutchmeenaraidoo, Minister of Finance and Economic Development The level of

Interview: Dan Maraye, Former Governor – Bank of Mauritius — ‘The only way the BAI Group could have been salvaged would have been through a form of stimulus

In a recent radio interview, the Minister for Energy and Public Service, Ivan Collendavelloo, stated that a decision was being taken to put the Central Water Authority (CWA)

BAI Group Crisis The crying lessons learnt demand that the financial sector and the regulatory framework be fundamentally overhauled, tightened and manned competently

The Key Repo Rate (KRR) of the Bank of Mauritius (BoM) was reduced by one quarter per cent to 4.4% at the last Monetary Policy Committee (MPC) meeting

The first move to deal with the BAI group was made by the Bank of Mauritius in early April this year, notably with the revocation of the licence

“When beggars die there are no comets seen; The heavens themselves blaze forth the death of princes.” — W Shakespeare, Julius Caesar

Last week, we examined the legality of the decision of the Bank of Mauritius (BoM) to advance liquid funds to the Special Administrators of the erstwhile British American

Less than one month ago, Star Knitwear, was seen to have accumulated such a large amount of debt that it sank under the weight of the debt, the

The axe has kept falling on the poorer folk who have kept seeing their standard of living eroded continuously through price inflation. Those who entertained a glimmer of hope

Many of the most venerable and respected political parties of the world came on the stage as defenders of the rights of workers. They drew the major part