RAK International Corporate Centre visits Mauritius to expand global presence

RAK International Corporate Centre (RAK ICC), a world-class corporate registry in Ras Al Khaimah, United Arab Emirates, has recently visited the Republic of Mauritius to introduce the growth opportunities that it offers to international business companies. Led by His Highness Sheikh Ahmed bin Saqr Al Qasimi, Chairman of RAK ICC, along with RAK ICC CEO […]

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Financial inclusion in Madagascar

Financial access is growing rapidly in Madagascar: From 2014 to 2017, the percent of adults that had a financial account or used mobile money services doubled from 9 percent to 18 percent. However, it is below the 43 percent average for sub-Saharan Africa in 2017. A new edition of the World Bank’s Madagascar Economic Update […]

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Fintech could fuel Africa’s next big growth and jobs explosion

The African continent is poised to experience its next big growth phase. While previous growth phases on the continent – which helped birth the ‘Africa Rising’ narrative – were fuelled by the continent’s natural resources and young population, this one will be driven by financial technology, or fintech. That’s according to Karl Westvig, CEO of […]

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SANNE appoints Peter Nagle as Managing Director

SANNE has appointed Peter Nagle as the company’s new Managing Director, Client Services – Mauritius. Nagle (pictured), will be responsible for providing expert guidance and support to the local client service leadership teams based on the island. SANNE’s office in Mauritius is the second largest staffed office across the firm’s global network and is home […]

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Kenya-Mauritius team to ease movement of capital

A joint Kenya-Mauritius Trade Commission seeking to streamline movement of capital, goods and services has started work. Mauritius Foreign Affairs secretary UC Dwarka Canabady said it will facilitate a review of existing legal challenges faced by Kenyan companies in Mauritius and vice versus. She said Kenya could benefit from use of the Mauritius International Financial […]

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MRA launches Common Reporting Standard platform for automatic exchange of information

A Common Reporting Standard (CRS) platform focusing on Automatic Exchange of Information (AEOI) for tax purposes in a multilateral context was launched today at the Mauritius Revenue Authority (MRA), Custom House, in Mer Rouge. The Director-General of the MRA, Mr Sudhamo Lal, the Director of Large Taxpayers Department and International Tax, Mr Mario Hannelas, and […]

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Australian Chamber of Commerce to be launched in Mauritius

An inaugural establishment meeting for the newly formed Australian Chamber of Commerce (AustCham) Mauritius was held at Labourdonnais Waterfront Hotel on 19 July 2018. The creation of the Australian Chamber of Commerce (AustCham) is very timely as both Australia and Mauritius step up their cooperation against a backdrop of increasing development on the African continent […]

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