Tax heat on Mauritius shell firms

The changes to be brought into the treaty are also expected to address concerns that investments on Indian bourses are often routed through Mauritius to avoid the short-term capital gains tax of 10 per cent. About 40 per cent of all [...]

Mauritius - the Decline of Consumer Cooperatives

IPS (Johannesburg)-Amateurism, high prices, mismanagement, and a limited product range have discouraged Inderjeet Rajcoomarsingh, the former chairman of the Mauritius Agricultural Cooperative Federation, from shopping at cooperative stores.

Bishop Maurice Piat Condemns Corruption

CISA (Nairobi)-The Bishop of Port Louis in Mauritius, the Rt. Rev. Maurice Piat, has condemned corruption in the country saying it can be called a disservice to peace.

Ambassador Marantis Leads U.S. Trade Consultations

State Department (Washington, DC)-Deputy U.S. Trade Representative Demetrios Marantis began a visit to Mauritius January 17 by leading a high-level U.S. delegation for talks with the Mauritian government under the U.S.-Mauritius Trade and Investment Framework Agreement (TIFA). The TIFA establishes a high-level forum for advancing a cooperative partnership on trade and investment issues, and this [...]

Mauritius Nov trade deficit widens, exports down

PORT LOUIS (Reuters) - Mauritius' trade deficit widened 7.8 percent to 7.8 billion rupees in November from a year earlier, due to lower earnings from exports, official data showed on Friday. Export earnings fell 8.8 percent to 5.8 billion rupees, on the back of a drop in revenues from food and live animals, Statistics Mauritius [...]

US, Mauritius Hold TIFA Consultations

Deputy United States Trade Representative Demetrios Marantis has led a US delegation to Mauritius for talks with the local government under the US-Mauritius Trade and Investment Framework Agreement (TIFA), to discuss a broad range of issues relating to their bilateral trade and investment relationship.

Over And Out

L’Express (Port Louis)-I WILL never begin to understand why nailing the facts onto one’s side of the argument is considered by Mr Vayid (”Le Mauricien” 17th January 2012) to be “arrogant”.

Mauritius 2011 tourist arrival numbers below forecast

PORT LOUIS (Reuters) - Tourist numbers in Mauritius rose by a lower-than-expected 3.1 percent to 964,642 visitors last year, due in large part to sluggish growth in the euro zone, a key market, official data showed on Tuesday. The tourism industry, a key driver of growth for the Indian Ocean island, will perk up next [...]

Mauritius revenue collection up 7.6 pct in 2011

PORT LOUIS (Reuters) - A rise in alcohol and tobacco taxes increased Mauritius' revenue collection by 7.6 percent last year, beating the country's forecast after the Indian Ocean island raised excise duty on the commodities, the tax authority said on Monday. The island, whose economy is largely driven by the tourism sector, said revenue rose [...]

Mauritius seeks new markets, sees exports up 6 pct

PORT LOUIS (Reuters) - The euro zone crisis, coupled with slow global recovery, especially in the United Sates, is boosting Mauritius' aim to diversify into emerging and regional markets, its industry minister said on Thursday. Relying less on Europe and moving into new markets and products would help the Indian Ocean island's export earnings grow [...]