The subjective side of business

2022-12-20T13:33:10+04:00December 20th, 2022|Commerce, Economy|

By Mubarak Sooltangos By definition, an objective assessment of a situation and objective decisions in any field of activity are those which arise out of a reasoned, scientific and clinical approach or analysis. This analysis is done while taking into account known facts, methods, set rules and existing laws. Decisions in business are often [...]

Idéal républicain et « mauricianisme » : même combat ?

2022-12-20T13:36:37+04:00December 20th, 2022|News|

Par Michel Ahnee De quoi est-il question lorsque nous évoquons ce néologisme local « mauricianisme » ? Nous pouvons être d’accord que ce mot évoque une certaine manière de vivre ensemble à l’île Maurice, une certaine organisation sociale et politique. Nous parlons donc de régime politique, c'est-à-dire du système qui régit les relations entre les personnes [...]

La croissance se refroidit

2022-12-20T13:35:52+04:00December 20th, 2022|Economy, Finance, News|

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, [...]

Why central banks hike interest rates

2022-12-20T13:35:08+04:00December 20th, 2022|Economy, Finance|

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 [...]

Les mystiques du libéralisme et de la croissance

2022-12-20T11:24:29+04:00December 16th, 2022|Economy|

Par Gillian Geneviève « Dissiper les ressources, polluer les océans, détruire les forêts, tout cela rentre dans l’idée de croissance économique. On ne regarde que le résultat comptable sans en prendre en compte les conséquences de cette économie. Soit l’humanité s’élève et donne une bonne orientation à son histoire, soit elle reste prisonnière dans [...]

Foreign exchange intervention strategy won’t work

2022-10-31T17:07:11+04:00October 31st, 2022|Economy, Finance|

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 [...]

Creating a more conducive environment for the industries

2022-10-27T09:57:22+04:00October 27th, 2022|Commerce, Economy|

By Namita Hardowar The world economy is caught up in an atypical period, characterised by slow growth and rising inflation, and the post-Covid recovery has been blurred by additional difficulties following the conflict between Russia and Ukraine. In the face of these unprecedented challenges, there is more than ever a heightened need to reposition [...]

The construction industry is still facing daunting challenges

2022-10-27T09:57:18+04:00October 27th, 2022|Finance, News|

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 [...]

Analysing financial statements: linking figures with reality

2022-10-27T08:32:25+04:00October 26th, 2022|Finance, News|

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, [...]

For a sustainable manufacturing hub

2022-10-27T08:32:52+04:00October 26th, 2022|Commerce, Finance|

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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