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Tag "mauritius"

Of Politics and Politicians in Mauritius – That ‘facepalm’ Feeling! (I)

Politicians are the same all over. They promise to build a bridge even where there is no river. – Nikita Khrushchev We have a rare breed of politicians in Mauritius. They are unequalled in the language they speak, the tactics they use and the venom they lash out, seemingly a species which oft’ times has been misunderstood. It would look as if they were never properly trained in the art

Mauritius sees 2013 tourism revenues fall 8.6% on EU woes

Mauritius saw an 8.6% fall in gross tourism receipts to Rs 40.55 billion in 2013 from a year ago, according to data released by officials yesterday. This was largely on the back of reduced arrivals from Europe, the main source market for tourists to the island economy, which fell 1.5 percent to 547,046 in 2013. Further, France, a mainstay of the island’s tourism sector, also showed lower footfalls for 2013

Emirates connects Mauritius to Ukraine; opens new tourism frontiers

With the launch of Emirates operations in Kiev in January 2014, Mauritius is now connected by daily flights to Ukraine via Dubai. For the Mauritian tourism sector, this is a golden opportunity to exploit the emerging market of Ukraine, with a population of 45 million. Emirates has recently unveiled new expansion plans for Eastern Europe with the launch of daily flights to the Kyiv Boryspil International Airport in the capital

Mauritius property investments pay off for South Africans

Mauritius has always been a South African favourite for realty investments and, especially for high-end buyers who spent more than 10 million rand on property purchase, the rewards in terms of capital growth have been considerable. According to Board of Investment figures, average prices in integrated resort scheme developments have witnessed an increase of 30-40% since 2005 despite the fact that most of the world’s housing markets are still recovering

India makes efforts to revamp tax treaty with Mauritius

In what should come as welcome news for the island economy, the Government of India said on Tuesday that efforts were being made to find a mutually acceptable solution to address India’s concerns while revising the tax treaty with Mauritius. In a written reply to the Rajya Sabha, India’s Upper House of Parliament, Minister of State for Finance J. D. Seelam said that, as far back as 2006, a joint

Mauritius to let 34 EU tuna vessels fish in its waters

The European Union Council of Ministers has ratified an agreement between the European Union and Mauritius at its ECOFIN session to allow 34 EU tuna vessels to fish in the waters of the island economy. For Mauritius, providing the EU with fishing opportunities for vessel targeting tuna species will allow the island economy to earn an annual compensation of EUR 660,000 (Rs 26.4 millions). A little less than half this

Alim Lalimier : la réponse des écologistes au projet CT Power

C’est à une prise de conscience nationale que les écologistes invitent le pays demain, le 3 février. Le mouvement Alim Lalimier Lor Sime Sanzman convie les Mauriciens soucieux de la préservation de l’environnement et inquiets de l’implantation de la centrale à charbon CT Power dans l’île à manifester pacifiquement devant leurs propres portes de 19h à 19h30. Les organisateurs exhortent les citoyens à se tenir en silence devant leurs maisons,

Divorce by mutual consent in Mauritius

A divorce is surely one of the most damaging and stressful experiences that a couple can ever go through. It is a whole process of painful change and adjustment rather than just a day in court (to settle old scores!). A divorce will definitely affect the parties thereto, besides affecting children born from this marriage. Prior to 15 May 2011, date on which the Divorce and Judicial Separation (Miscellaneous Provisions)

Mauritius employment scene set to turn handicap friendly

With more and more companies in Mauritius failing to comply with the law that requires them to hire a minimum of persons with disabilities, the finance ministry has decided to adopt a tougher stance towards such violators. It may be noted that under The Training and Employment of Disabled Persons Act 1996, Act No. 9 of 1996, an enterprises having a workforce with a strength of 35 or more should

Commerce Minister: Mauritius a “white jurisdiction” with clean financial system

Defending the economy against allegations of tax evasion, Cader Sayed-Hossen, Mauritius Minister of Commerce and Consumer Protection, said that the island nation does not encourage round tripping. Speaking to the local press on Tuesday on the side-lines of the partnership summit held in Bangalore, India, the minister said that Mauritius, which is the single biggest source of foreign direct investment into India, is extremely well regulated, and considered a “white

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