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 [...]
By Sameer Sharma Asset managers have a major role to play in helping to solve some of the most pressing problems the world currently faces. As a link between the providers of funding and those who need it, they are in a privileged position. Providers of capital must make the most of the opportunity [...]
By Mubarak Sooltangos We often say that business is ruthless and this is what gives to this trade a bad connotation, especially by those whose weakness is exploited by the holders of capital. When there is a race for growth and expansion, for market share gains, for sales and profits, the appropriate term to [...]
Par Eric Ng Ping Cheun Le nombre journalier de décès à Maurice est en moyenne de 30. Imaginez les radios consacrer, matin, midi et soir, leur première information à la rubrique nécrologique. Vous finirez par voir la vie tout en négatif. C’est le même sentiment qui se dégage lorsqu’on entend, à longueur de journée, le [...]
By Deva Armoogum A new collective mental map is needed, one that moves away from classical Newtonian science, with its linear and mechanical worldview, toward a systems-view of life Andrew Sheng, The One-Earth Balance Sheet In the first part of this article, “A new economic paradigm: from sustainability to regeneration”, published in the last [...]
By Sameer Sharma A term sheet with more details has recently given us a very accurate picture of how the Mauritius Investment Corporation (MIC) is wrongly structuring convertible bonds. Back in March 2020 when Mauritius entered its first lockdown, I extensively wrote and communicated about the need to create a bailout fund which would [...]
By Deva Armoogum “If people ate truly nutrient-rich food out of healthy soil, you would slash the national health bill straight away. The big chemical companies and big food companies know exactly what they are doing. It is now causing millions of deaths – tell me why that is not genocide?” Dr Charles Massy [...]
By Mubarak Sooltangos In the previous issue of Conjoncture, the ineffectiveness of interest to promote savings, to beef up economic activity by supposedly encouraging investments, to discourage borrowing for consumption, to control inflation and to support national currencies were demonstrated. In this present paper, the harmful side of interest will be analysed, namely its [...]
Par Eric Ng Ping Cheun Interview dans Mauritius Times du 19 mars 2021 Le gouvernement mauricien a rendu obligatoire la vaccination contre le Covid-19 pour les personnels de la santé et de l’éducation. Une telle mesure pose un dilemme éthique en ce sens qu’il convient de garantir à la fois la liberté personnelle de choisir [...]
By Amit Bakhirta “The inherent vice of Capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of Miseries…” Winston Churchill A budget is merely a consolidation of the means to achieve a nation’s vision, or rather an executive’s vision for the country. It sets public policies as [...]
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