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Business

Mauritius conglomerate GML’s net profits rise 27% in 2013

Mauritius conglomerate GML’s net profits rise 27% in 2013

Mauritius-based conglomerate GML achieved a 27% rise in net profits at Rs 1.05 billion for the year, compared to Rs 824.9 million in 2012. Meanwhile, group turnover grew to Rs 29.0 billion in 2013, against Rs 27.1 billion a year ago, representing an increase of 7.1%....

Rs 23.2 billion raised on Mauritius’ stock exchange in 2013

Rs 23.2 billion raised on Mauritius’ stock exchange in 2013

The stock market in Mauritius had a profitable run in 2013 with the total value of capital raised on the Official Market as well as the Development and Enterprise Market (DEM) amounting to Rs 23.2 billion. According to the first bulletin released in 2014 by the Stock...

All imports from SADC countries now duty-free for Mauritius

All imports from SADC countries now duty-free for Mauritius

All products imported from fellow countries of the South African Development Community (SADC) into Mauritius will now be duty-free. Customs duties were removed on all imported products coming from countries which are members of SADC – Botswana, Lesotho, Malawi,...

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