Par Mubarak Sooltangos What was thought 30 years ago, to be a universal panacea for the economic ills of the world, to be a vector of creation of more wealth through the dismantling of trade barriers between countries, has turned out to be a failure. This conclusion needs, however, to be nuanced. It depends [...]
By Sameer Sharma Central banks globally have been moving towards some form of inflation targeting, be it fixed or flexible, while another select grouping have maintained other frameworks such as exchange rate targeting or monetary targeting. Central banks which follow monetary targeting have become increasingly rare given the crudeness of such an approach, as [...]
By Surya Foollee The year 2022 was a milestone for the role of virtual assets in financial regulatory reforms. The increasing use of these assets with the onset of bitcoins in 2009 and the emergence of decentralised finance (DeFi) since 2013 have triggered a chain of events around financial regulations, supervision, and monitoring of [...]
By Vinaye Ancharaz The Mauritius-China Free Trade Agreement (MCFTA), signed in October 2019, entered into force on January 1, 2021. In theory, it represents a major opportunity for Mauritian exporters and investors to penetrate the large yet elusive Chinese market. In practice, Mauritius’ exports to China are negligible, and survey findings suggest that exporters [...]
By Mubarak Sooltangos Financial statements are usually drawn after a given period (month, quarter, semester, year). Viewed in this light, all figures stated are historical, and nothing can be done to amend the performance that they translate. However, their analysis enables business drivers to take stock of what happened during the period under reference, [...]
By Arif Currimjee The Mauritian export sector has performed well in 2022 so far. For the first six months of the year, it has achieved a growth rate of 18% compared to 2021 with all sub-sectors growing at double-digit rates. In US dollar terms, growth was around 11%, which is our best overall performance [...]
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