Par Amit Bakhirta Alors que nous terminons cette année de reprise caractérisée par un environnement inflationniste élevé et persistant, alimenté par des perturbations de la chaîne d'approvisionnement mondiale et des troubles géopolitiques, la fin d'une décennie de taux d'intérêt négatifs bas a stimulé une volatilité accrue des classes d'actifs dans le monde entier. Si, [...]
By Sameer Sharma At the beginning of the year, the Bank of Mauritius was very dismissive of inflation despite clear signs that inflation risks even prior to the Russian invasion of Ukraine were rising. The Bank of Mauritius' views on inflation revolved around it being driven by external and largely transitory factors. To be [...]
By Sameer Sharma It has become very difficult to obtain foreign exchange in Mauritius these days, especially US dollars. Bid-ask spreads have increased given deteriorating liquidity conditions in the market while an artificially strong rupee which comes with notable supply-demand mismatches at the current official exchange rate has even led to the emergence of [...]
By Ravisingh Gutty The construction industry is still facing daunting challenges in the post pandemic era and the prevailing world economic climate. These include continuous hike in material prices, fret and logistics costs, supply chain disruptions, payment and cash flow issues and skilled labour shortages, amongst others. The Building and Civil Engineering Contractors Association [...]
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 [...]
By Sameer Sharma Although monetary policy became the panacea to cure all economic ills and market crises over the past few decades, central banks can no longer use this magic wand to dispel the challenges they face today: runaway inflation and a recession looming on the horizon. The so called disinflationary “goldilocks” narrative – [...]
By Sameer Sharma More than a decade of low bond yields, high public debt supported by relatively loose monetary policies pursued by global central banks have created many challenges for pension funds in Europe and in North America when it comes to managing funding gaps. Pension funds receive monthly contributions and need to invest [...]
Par Mubarak Sooltangos Dans un pays à revenu moyen où il y a vingt banques pour une population de 1,3 million d’habitants, soit un des marchés les plus compétitifs et saturés du monde, on aurait pensé qu’il y aurait une compétition parfaite qui pousserait le niveau du service vers le haut et les coûts [...]
By Amit Bakhirta “A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation” Ross Perot The Mauritian rupee, our dear nation’s currency, has depreciated by a mindboggling 36% over the past decade! Any foreign investor would be rightly concerned on the outlook thereof. No one [...]
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