Feb 25, 2014 | Business
The Stock Exchange of Mauritius (SEM) started this week by welcoming banking major Barclays corporate and investment banking division on the platinum exchange traded fund (ETF), NewPlat. Barclays Mauritius is part of the Barclays Africa Group which is one of the...
Feb 18, 2014 | Business
Terra, a major player in the sugar sector in Mauritius, has acquired significant stake in United Investments Limited (UIL) from GML, Mauritius’ largest conglomerate. This acquisition demonstrates the intent of the Terra Group to diversify its activities in the...
Feb 12, 2014 | Business
HSBC Mauritius has retained the title of the ‘Best Sub-Custodian Bank’ for 2013-14 in the local market, according to the latest findings released under the Global Investor/IFS survey. The strong performance of HSBC Mauritius stems both from the bank’s ability to...
Feb 8, 2014 | Business
While the Stock Exchange of Mauritius (SEM) had started 2014 with a bang, it seems to be losing steam with a dip of 1.4% in just one week starting from 2124.05 on January 22 to close at 2086.62 on January 30. For the full month, the SEMDEX which stood at 2,095.69...