By Amit Bakhirta “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning…” Henry Ford (citing U.S. President Andrew Jackson, 1834) The 2020 pandemic fuelled a severe economic downfall that led the Bank [...]
By Vidur Ramdin In the energy-sapping miasma of a virus-infected world, the launch of the world’s biggest free trade area, the African Continental Free Trade Area (AfCFTA), feels exhilarating. Right now a lot of us are struggling to conceptualise what next month looks like (hint: it involves sweatpants), but suddenly here is a 50-year [...]
By Samad Ramoly There will always be among us optimists who look at life through rose-tinted glasses, pessimists locked in the darker side of life, utopians who fantasise about a dream world, relativists obsessed with putting everything into perspective, even if it means coming to terms with mediocrity and ti lespri (bigots). All of [...]
By Mubarak Sooltangos There have been loads of articles written, mainly by economists and finance professionals, since the start of the Covid pandemic. If we take stock of what is the real substance of these articles and opinions in this period of difficulty where deep thinking and quick initiatives are of the essence, we [...]
By Eric Ng Ping Cheun The Mauritian economy is in a dire situation. All the fundamental economic indicators were in the red last year, and they would not improve much in 2021. In a bid to mitigate the dramatic economic impact of Covid-19, the Mauritian government has opted for the easy way out by [...]
By Sameer Sharma All large political parties in Mauritius have socialist sounding names, but it is very hard for this author at least to argue that any of these traditional parties and the capitalist loving BMW driving politicians have anything socialist about them. In fact I have never been able to get a straight [...]
By Sameer Sharma Back in November 2018, the Mauritius Working Group on Artificial Intelligence (AI) published its Mauritius Artificial Strategy which essentially gave a broad and high level overview of the potential benefits of AI in enhancing productivity, growth and the quality of life of all Mauritians. From improving the efficiency of ports to harnessing [...]
Par Pierre Dinan Nous voici à l’orée des années vingt, soit au début de la troisième décennie du vingt et unième siècle. Sans nous en rendre vraiment compte, parce que littéralement submergés par les évènements d’actualité, nous voici aussi abordant la deuxième année du deuxième cinquantenaire de notre pays indépendant et souverain, lequel sera célébré [...]
By Samad Ramoly A decade or so ago, some of the richest Germans publicly pledged to contribute to a fairer share of taxes. In 2011, American billionaire Warren Buffet even warned us: “Stop coddling the rich (https://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html)”. As, in effect, tax credits, creative accounting and tax havens allow him to pay less tax rate than [...]
Par Emmanuel Martin Le coup d’envoi de la zone de libre-échange continentale africaine (Continental Free Trade Area) a été donné le 30 mai 2019. L’accord signé par 52 pays sur 55 et ratifié par 22 d’entre eux vise à supprimer à terme les protections tarifaires et non tarifaires dans la zone. C’est une bonne nouvelle [...]
Stay In Touch