Tag: Bank of Mauritius

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

Ministerial announcements preceding or replacing appropriate communication by relevant regulatory authorities have left disturbing impressions of a situation which has gone out of hand.  However valid the reasons,

The Demise of the BAI Group of Companies

Women transcend classic pious statements about their place in society

Going by the fate recently inflicted on the preceding Governor of the Bank of Mauritius, Mr Rundheersing Bheenick, one cannot look with relish the prospect of being appointed

It is perfectly reasonable for a government to endeavour to consolidate its relationship with the winning coalition of voters who supported it by demonstrating that they have no

At the time of a change of government after general elections, there are certain important matters of national public interest which sometimes remain in limbo and need to

The Bank of Mauritius (BoM) hosted on Friday last a lecture by Governor Njuguna Ndungu of the Central Bank of Kenya on this theme with reference to Kenya.