Tag: Bank of Mauritius

The change of guards at the Bank of Mauritius comes at a time when the role of central banks has again become a matter of debate — By Rajiv

The opposition went up in arms against the huge MCB financial scandal when the matter broke out. But there was no follow-up to this open outcry

The exchange rate is not the guilty chap; it is the lack of re-engineering a sector which has been asking to be re-invented for long

Few knew the course Mauritius’ economic development would take after Independence. We did not have a past track record on which to build the future

Thousands of people had invested massively in the BAI’s so-called Super Cash Back Gold (SCBG) insurance policy and in the Bramer Asset Management (BAM) schemes, lured by tax

Crisis management, BAI Saga and India

Unpaid insurance policy holders of the former British American Insurance (BAI) have gone on hunger strike since 8th May. They are carrying on with the hunger strike in

Promises have kept being repeated in different forums and at every May 1st rally, as happened last Monday, but the reality does not match the rhetoric. Successive governments

Provisional Charges Dropped The Curepipe Court decided on Tuesday last to drop the charges on which the two daughters and son-in-law of Dawood Rawat were arrested following the

Despite arrests and sentences, drug trafficking continues to thrive unabated and unchecked. Why haven’t successive governments been able to do what it takes to root out this evil

Important issues tend to be completely overlooked as soon as the political angle takes over. The most cynical amongst us would be excused for starting to think that

Interview: Anil Gujadhur, Former Chairman, FSC & Deputy Governor BOM “We don’t have to be ashamed of our Global Business sector” * ‘But we have to be more

The die is cast. The PMSD decided Monday last to quit the government. The eleven elected members of the PMSD resigned collectively.

Mauritius had to demonetise (i.e., remove banknotes from circulation) the whole of its banknotes in 1998.

Merely having the surplus liquid funds to support additional investments is not enough. More important is for governments to induce additional real investments which will also use up