GFM / ATMC Joint Communiqué – ICIJ – (‘Mauritius Leaks’)

  It has come to our attention that the International Consortium of Investigative Journalists (ICIJ), in partnership with l’Express, a local newspaper, has released a report on Mauritius (‘Mauritius Leaks’) on July 23, 2019. By the ICIJ’s own admission, their so-called “investigation” has been based on a USB key that was handed over to them […]

Read More…

Axis Mauritius acquires Deloitte partner Livingstone Associates in Kenya

  Livingstone Associates, a Kenyan ally firm of Big Four accounting and advisory firm Deloitte, has been acquired by financial services firm Axis, which is based out of Mauritius. The acquisition has been given regulatory clearance by the competition authority of Kenya.  Axis has a pan-African profile, with is base in Mauritius, and additional operations […]

Read More…

International Finance Centres can help SA improve its ease of doing business ranking

  So how can South Africa improve its “Ease of Doing Business” ranking to facilitate  President Cyril Ramaphosa’s efforts to attract $100 billion of investment into the country over the next five years?   Alan Witherden, the business development director at Ocorian, an award-winning alternative investment, corporate, institutional, private client and international growth service provider, […]

Read More…

Reforms such as Business Facilitation Act, Blueprint to spur competitiveness

The National Productivity and Quality Convention 2019 (NPQC), an initiative of the National Productivity and Competitiveness Council (NPCC), culminated with an award ceremony on 31 May 2019 at the Intercontinental Hotel, Balaclava. The Minister of Financial Services and Good Governance, Mr Dharmendar Sesungkur, the Ambassador of Japan to Mauritius, Mr Yoshiharu Kato, the Chairman of […]

Read More…

COMESA SME Digital Financial Inclusion Plan

  The COMESA Business Council (CBC) has entered into a partnership agreement with the Bill and Melinda Gates Foundation (BMG Foundation) on a project termed; the COMESA SME Digital Financial Inclusion Plan.  The overall objective of the development of a business case for an integrated digital payment scheme that offers low transaction costs for domestic […]

Read More…

Private Equity Outlook 2019: A focus on investor relations amid fundraising concerns

  As political uncertainty continues, fears that fundraising opportunities will worsen in the private equity (PE) industry have increased, according to our recent industry report. Based on a survey of over 120 fund professionals globally, our research shows that despite the industry remaining resilient overall, fund managers will need to prepare for an increasingly competitive environment. […]

Read More…

Dubai’s economic growth will accelerate in 2019 and 2020

Government initiatives continue to support economic expansion in the emirate   Dubai’s economic growth will accelerate in 2019 and 2020, with tourism, logistics, transport, wholesale and retail sectors replacing the real estate as main growth driver next year, official data showed. Data released by Dubai Economy on Sunday showed that Dubai’s GDP grew 1.94 per […]

Read More…