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Foreign Direct Investment in Mauritius Reaches $250m
Foreign Direct Investments (FDI) from January to October 2009 have amounted to $250 million, according to a release issued by the Bank of Mauritius (BoM) on Friday. France and the United Kingdom have been the principle sources of investments with hotels...
French Development Agency Finances Sustainable Projects in Mauritius
The French Development Agency (FDA) will financially support the “Mauritius Sustainable Island” (MSI) project to the tune of €125 million. Following the signing ceremony, FDA president Pierre-André Wilter said the total loan his organization...
Mauritius to Receive $50m World Bank Loan
The Administrative Council of the World Bank (WB) has given the green light for the disbursement of a loan of $50 million to Mauritius. Official sources at the Ministry of Finance indicate that the financial agreement, which represents the “Fourth...
Mauritius Offshore Company Accused of Money Laundering
Officials from the Indian Central Bureau of Investigation (CBI) and the Reserve Bank of India (RBI) have discovered that a huge amount of money from the Indian Information and Communication Technology (ICT) company, Satyam Computers (SC) that they claim...
Mauritius And Indian Navy in Joint Anti-piracy Patrol
The Mauritius National Coast Mauritius (MNCG) and two warships of the Indian Navy has set up a Joint Anti-Piracy Patrol (JAPP) to reinforce security in the Indian Ocean region. The release from the Mauritian government indicates that as the waters of...
Mauritius Police Force Seize Suspected Counterfeit Drugs
Officers of the local Mauritius Anti-Drug and Smuggling Unit (ADSU) have seized a batch of medical drugs that the medical authorities believe to be counterfeit. Sources at police headquarters in Port Louis indicate that following a morning raid on Monday...
Mauritius Court Sentences Nigerian National to 14 Years for Drug Trafficking
A Nigerian national has been condemned to 14 years of hard labor in prison for the importation of hard drugs in Mauritius. The sentence was passed by Judge Asraf Caunhye at the Mauritius Supreme Court. Sources at the Anti-Drug and Smuggling Unit (ADSU)...
Medical Council of Mauritius to Twin with the Medical Council of Great Britain
The Medical Council of Mauritius (MCM) will twin with the Medical Council of Great Britain “as soon as possible”, MCM said in a statement issued on Thursday. The twinning follows a meeting of the Mauritius Prime Minister Navin Chandra Ramgoolam with...
