Investor's Mag

31/07/2024

🌟 Check out this week's top selections on ! 🌟

Explore how the African Growth and Opportunity Act ( ) and the African Continental Free Trade Area ( ) can collaborate for mutual benefit. Gain insights from key and trade leaders on the future of African trade.

📈 In the Spotlight:
Sanlam and Allianz secure regulatory approval for a Pan African joint venture.
Lottotech Ltd - Mauritius reports a decline in half-year revenue and .
Premchand Mungar, CEO of SBM Bank Mauritius, appointed of the UnionPay Africa Regional Council.
Vishen Gopalla takes the helm as CEO of Kolos Cement Ltd, succeeding Dominique Billon.
Explore ’s evolving role in Foreign Direct Investment to .
Triple Crown for MCB : success in and sectors, plus a solid deal with The United Basalt Products Ltd.
Absa Bank Mauritius makes with the first-ever Tap & Pay service.
Investing in : Opportunities for Mauritius and the to deepen impact financing. Bank One

Stay ahead of the curve with the latest updates in , , and across Africa and Mauritius!

Check out this week's top selections on Investor's Mag Weekly! Explore how the African Growth and Opportunity Act (AGOA) and the African Continental Free Trade Area (AfCFTA) can collaborate for mutual benefit. Gain insights from key U.S. and African trade leaders on the future of African trade.

24/07/2024

🌟 This Week's Must-Reads on ! 🌟

Explore the mighty pillars holding up ' , with a 6.5% GVA increase projected for 2024. Discover the key sectors driving growth, from and to and .

📊 Insights:
surge with a 16.5% increase in May 2024.

disparities in the , with 41.9% of participating.

📰 In the News:
PwC Mauritius experts weigh in on the new Disguised CRR.

-Mauritius Comprehensive Economic Partnership Agreement ( ) sets a new course for prosperity.

The The United Basalt Products Ltd. acquires the construction segment of Groupe Leandri in .

Standard Bank Mauritius awarded Mauritius’ Best International by Euromoney.

Evaco Group secures over Rs 1 Billion in sales for Cap Marina and Nautica Villas projects.

MCB Group launches the second edition of the Beyond Graduate Programme.

This Week's Must-Reads on Investors Mag Weekly! Explore the mighty pillars holding up Mauritius' economy, with a 6.5% GVA increase projected for 2024. Discover the key sectors driving growth, from Construction and FinancialServices to Tourism and RealEstate.

22/07/2024

🚀 Discover the 29th Edition of , Now Available Digitally!
Stay ahead of the curve with our latest insights and trends.

📊 What's Inside?

🔹 Explore - relations:
Bilal Adam CA (SA), President of the South African Chamber of Commerce in Mauritius, on why Mauritius is a prime platform for South African businesses.
Ravin Dajee, MD of Absa Bank Mauritius, on the evolution of Mauritius and South Africa as .

🔹 Market Insights:
Emilie Begue Guerel from Pam Golding Properties - Mauritius on attracting South African and leveraging strong ties to expand in Mauritius.
Adam Dembovsky, MD of Workshop17 Mauritius, on expanding across Africa.

🔹 Financial Centre Focus:
Ashvin Deena, FCA, CFA from MCB Group on strategies in Africa.
Ounishka Seesurun-Domur from ABC Banking Corporation Ltd, Mauritius Corporation on Mauritius's resilience as an International Financial Centre.
DTOS Group experts on embracing , innovation, , and international challenges.
Insights from Lima Capital LLC on fund structuring and management.

🔹 in Business Spotlight:
Jennifer Jean-Louis from AfrAsia Bank Limited Bank
Kevina Takoordyal from Africa HR Solutions

🔹 Industry Insights:
Guillaume Gonzague from Lemon Agency.
Zaona Rabetsitonta Bahadoor from Eclipse Communications Mauritius

🔹 Special Coverage:
The Africa Debate in London featuring Marie Diron, Gagan Gupta, Babatunde Soyoye, Rishi Ramesh Kansagra, and Admassu Tadesse.

🔹 Exclusive Interviews:
Christophe Desvaux de Marigny from Oficea.
Hans Herchenroder from Freeport Development Co. Ltd. (MFD)
Carli Purchase from Lima Capital
Ashley Epstein from The InLight Group
Renveer Ramsaha from Island AI

Don't miss out on these compelling articles and expert opinions!

Discover the 29th Edition of Investor’s Mag, Now Available Digitally! Stay ahead of the curve with our latest insights and trends. Explore Mauritius-South Africa business relations:Bilal Adam, President of the South African Chamber of Commerce in Mauritius, on why Mauritius is a prime platform for...

18/07/2024

Absa Group announced its physical into the People’s Republic of with the opening of a new non-banking subsidiary in . The will enable Absa Group to offer local support to clients and , facilitating transactions across the continent and supporting clients’ needs, goals, and ambitions. This expansion is part of Absa’s broader strategy to establish representative offices in key and offer deep expertise in African markets to its global clients. Absa Bank Mauritius

Absa Group announced its physical expansion into the People’s Republic of China with the opening of a new non-banking subsidiary in Beijing. The new office will enable Absa Group to offer local support to Chinese clients and stakeholders, facilitating transactions across the African continent and ...

18/07/2024

The Bank conducted its annual Stability Assessment for 2023/24 with in , reaffirming confidence in the sector’s stability and resilience against plausible shocks over the next 12 months.

The Bank conducted its annual Financial Stability Risk Assessment for 2023/24 with banks in Mauritius, reaffirming confidence in the sector’s stability and resilience against plausible shocks over the next 12 months. The key findings are summarized below.

17/07/2024

This Week's Top Picks on !

Highlighting the partnership between and South Africa's, OracleMed Health, Ashvin Sookenram and David van der Knaap reveal more about this collaboration. (State Insurance Company of Mauritius Ltd - SICOM Group)

Medine Group invests Rs 2.6 Billion in the Cascavelle Shopping Mall Expansion.

MCB Microfinance celebrates eight years of sustained support for .

Absa Bank Mauritius completes the acquisition of HSBC Mauritius Personal and units.

’ takes a dip, but remains high compared to levels.

Jyoti Jeetun leaves Mont Choisy Group after eight years.

TCIL initiates a tender for a 2 MW floating project in Mauritius.

Ookla crowns Emtel as the fastest in Mauritius and .

Highlighting the partnership between SICOM and South Africa's OracleMed Health, Ashwin Sookenram and David van der Knaap reveal more about this collaboration. Medine Group invests Rs 2.6 Billion in the Cascavelle Shopping Mall Expansion. MCB Microfinance celebrates eight years of sustained support f...

10/07/2024

📈 Trending this week on !

The focus is on ' sector and The annual Financial Stability Risk Assessment of offers insight into banks’ resilience.
Mauritius youth reaches its lowest level since 2008. earnings hit Rs 39 billion.
The Economic Development Board Mauritius undertakes 29 international and missions.
Indian-American Vikram Pandit’s INH Mauritius to sell a 49% stake in JMFCS for USD 360 million.
Medine raises Rs 1.1 billion in bond issuance. ENL Group and Rogers Group tie the corporate knot. Thierry Vallet, CEO of AfrAsia Bank, receives the of the Year from the Academy of Marketing Science.

Trending this week on Investors Mag Weekly!The focus is on Mauritius' export sector and The annual Financial Stability Risk Assessment of Banks offers insight into banks’ resilience. Mauritius youth unemployment reaches its lowest level since 2008. Tourism earnings hit Rs 39 billion. The Economic ...

03/07/2024

📈 Check out the latest edition of !

The 2024/2025 by the of outlines significant public sector poised to stimulate growth in 2024.

The rate dropped from 6.7% in Q1 2023 to 6.3% in Q1 2024.

Notable updates include key appointments by PwC Mauritius and MCB, Emtel's upcoming listing, Africa Specialty Risks' new office in , and Alpine's exciting debut on Mauritian roads.

Check out the latest edition of Investors Mag Weekly! The 2024/2025 Budget by the Government of Mauritius outlines significant public sector investments poised to stimulate economic growth in 2024. The unemployment rate dropped from 6.7% in Q1 2023 to 6.3% in Q1 2024. Notable updates include key app...

26/06/2024

🚀 Exciting news in this week's ! 🌟

🔍 The Henley Private Wealth Migration Report 2024 reveals a significant rise in the population in over the past decade. 📈
🌐 Despite global declines, the UNCTAD World Report highlights Mauritius's impressive inward stock growth.
🚜 Medine kicks off the 2024 Harvest, Sun Limited undergoes a strategic split, and 🤖 Accenture Mauritius hosts its first-ever event.

Catch up on these pivotal updates! 📊✨ Read all about it now.

Exciting news in this week's Investor's Mag Weekly! The Henley Private Wealth Migration Report 2024 reveals a significant rise in the HNWI population in Mauritius over the past decade. Despite global declines, the UNCTAD World Investment Report highlights Mauritius's impressive inward FDI stock grow...

19/06/2024

Read the 2nd edition of Weekly, featuring an in-depth analysis of the number of building permits delivered by last year. The issue also covers the recent survey and provides highlights from the 3rd Annual Africa Sovereign Investors Forum, with insights from Harvesh Seegolam, Governor of the Bank of Mauritius, Jitendra Bissessur, CEO of the Mauritius Investment Corporation, and Mark Florman. Additionally, AXYS presents a new analysis and announces a significant leadership change. Ocorian's launch of addresses regulatory risks, while The United Basalt Products Ltd.'s regional progresses with shareholders approving a major acquisition. The edition also includes MauBank Ltd's appointment of Praveen Nair and the introduction of Siven Chellen as the new CEO of Jet Prime Ltd.

Read the 2nd edition of Investors Mag Weekly, featuring an in-depth analysis of the number of building permits delivered by Mauritius last year. The issue also covers the recent inflation survey and provides highlights from the 3rd Annual Africa Sovereign Investors Forum, with insights from Harvesh....

12/06/2024

The first is now live!

Our debut issue features the 2024/25 highlights presented by Minister Dr. Renganaden Padayachy, forecasting a -dollar within six years. Dive into our comprehensive analysis of ' metrics, growth, , and budget deficit concerns. Hear insights from industry leaders like Anil Currimjee, Kevin Ramkaloan, Anthony Leung Shing (PwC Mauritius), Twaleb Butonkee (Deloitte), KPMG Mauritius, and Shamima Mallam-Hassam (Chairperson, Mauritius Finance Board). Plus, get the latest on MCB's ambitions under new CEO Thierry Hebraud and other key updates from Ecobank Group, Workshop17 Mauritius…

The first Investor’s Mag weekly is now live! Our debut issue features the 2024/25 Budget highlights presented by Finance Minister Dr. Renganaden Padayachy, forecasting a trillion-dollar economy within six years.

30/05/2024

Alex Samuelson, Founder and CEO of MariDeal, speaks about his journey in . He detailed the company's growth from a single employee to a team of 75. Samuelson emphasized their job was to transform complex processes into user-friendly solutions to adapt to consumer behaviors, making Mari Deal an accessible platform which has been rapidly adopted by the Mauritian population.

22/05/2024

The of the - , organized by the Corporate Council on Africa, took place in Dallas, Texas, . This summit resulted in agreements exceeding $1.3 billion, a record-breaking amount that brings significant opportunities for African countries, including . The event was sponsored by the Jean Boulle Group, founded by Jean Raymond Boulle and based in , one of the two “Diamond Sponsors” of the event.

The 17th edition of the United States-Africa Summit, organized by the Corporate Council on Africa, took place in Dallas, Texas, USA. This summit resulted in investment agreements exceeding $1.3 billion, a record-breaking amount that brings significant opportunities for African countries, including M...

20/05/2024

🚀 Michel Jean-Pierre, Operations Manager at Credentia GlobalNetwork Ltd, highlights the transformative impact Credentia Global brings to businesses. Imagine elevated enterprise levels with streamlined operations, increased revenues, and significant cost efficiencies - and that's just the beginning! 💼✨... https://bit.ly/3V1Bl0T Cyberati Digital

20/05/2024

📊💡 At the Africa Tech Summit Nairobi 2024, Tracey Austin from the Department for and shared key insights on the current funding landscape and its impact on investors and companies. "In , as in many other regions, we're witnessing a significant decline in funding," she noted, emphasizing the critical need for well-defined exit strategies in capital raising. "Without clear exit strategies, raising capital becomes increasingly arduous, and our ability to attract investment diminishes significantly." Despite the universal demand for more financial resources to fuel business growth, Austin expressed concern over the lack of attention and participation in funding discussions...https://bit.ly/4bKrK3X

16/05/2024

Ascencia’s centers recorded a 9% growth in net operational revenue over the past nine months. This increase was driven by strong performance from the stores and a 4.4% rise in foot traffic, according to Ascencia’s unaudited results up to March 31, 2024. Simultaneously, Bagatelle Mall was ranked among shopping centers in a recent study.

Ascencia’s shopping centers recorded a 9% growth in net operational revenue over the past nine months. This increase was driven by strong performance from the stores and a 4.4% rise in foot traffic, according to Ascencia’s unaudited results up to March 31, 2024. Simultaneously, Bagatelle Mall wa...

15/05/2024

Isabelle Orian, Head of Development at Cyberati Group, shares the firm's forward-thinking approach to family , focusing on long-term prosperity and the well-being of generations through flexible and evolving strategies... https://bit.ly/3V1Bl0T Cyberati Digital

15/05/2024

MCB Group reported a strong performance for the nine months ending March 31, 2024, recording net of Rs 12.4 billion, a 14.6% increase from the corresponding period last year. This performance can be attributed to the resilience of operations and an increased contribution from the sector’s operations.

MCB Group reported a strong performance for the nine months ending March 31, 2024, recording net profits of Rs 12.4 billion, a 14.6% increase from the corresponding period last year. This performance can be attributed to the resilience of local operations and an increased contribution from the banki...

15/05/2024

Stewards Investment Capital, a ’ boutique management and firm, has been honored with the Best Fixed Income Investment Innovation award by Global Finance. This recognition is part of Global Finance’s annual Top in for 2024, acknowledging the firm’s pioneering APEX Structured Liquidity Solution. This innovative investment solution, linked to the rapidly growing private credit market, has achieved significant success since its inception.

Stewards Investment Capital, a Mauritius’ boutique investment management and advisory firm, has been honored with the Best Fixed Income Investment Innovation award by Global Finance. This recognition is part of Global Finance's annual Top Innovation in Finance Awards for 2024, acknowledging the fi...

14/05/2024

The African Reinsurance Corporation (Africa Re), a key player in the sector, recently held its 171st in . During the celebratory cocktail reception, Soomilduth Bholah, minister of Financial Services and Good Governance, announced a new reinsurance aimed at enhancing Mauritius’ potential on the international stage.

The African Reinsurance Corporation (Africa Re), a key player in the reinsurance sector, recently held its 171st Board Meeting in Mauritius. During the celebratory cocktail reception, Soomilduth Bholah, minister of Financial Services and Good Governance, announced a new reinsurance framework aimed a...

09/05/2024

Embark on a journey through 's landscape, exploring the and presented by its evolving energy sector. From the necessity for to the complexities of infrastructure and workforce transition, discover how a Systems Thinking approach and strategic can pave the way for a and inclusive energy future. Featuring insights by Natacha Emilien, Deputy Group CEO of CSI Energy Group...https://bit.ly/3QEDHA1

09/05/2024

Poushma Narain, Manager of Onboarding and Licensing at Credentia International Management Ltd, underscores the company's excellence amidst the dynamic sector. Learn about their seamless process prioritizing and enhancing the journey...https://bit.ly/3UybiOp Cyberati Digital

08/05/2024

Bamyris Motors aims to redefine standards in by introducing the brand during an exclusive event at Domaine de Labourdonnais. Mauritius becomes the first country to welcome this premium brand. Genesis Mauritius

Bamyris Motors aims to redefine luxury automotive standards in Mauritius by introducing the Genesis brand during an exclusive event at Domaine de Labourdonnais. Mauritius becomes the first African country to welcome this premium South Korean brand.

08/05/2024

Absa Group Limited (AGL) unveiled significant changes to its , aligning with a initiative to spur growth and strengthen its presence.

Absa Group Limited (AGL) unveiled significant changes to its Executive Committee, aligning with a strategic initiative to spur growth and strengthen its market presence.

03/05/2024

Many underestimate its , but is the foundation for building a thriving business. Join Ashley Epstein as he explore your , , and to navigate the exciting road of . This journey is for current and future game-changers who are ready to unlock their potential and empower the world! https://bit.ly/44oqiSg

03/05/2024

Chen Hindi, as the co-founder of Omega Properties, presents a multifaceted professional profile that skillfully integrates her deep knowledge in with sharp insights. Originating from a solid foundation in , Hindi’s career path reflects a remarkable transition, positioning her as a notable in the realms of digital marketing and investment.

Unravel the fascinating of how Chen Hindi's background in physics propelled her to become a digital marketing and investment influencer... https://bit.ly/4dziMbE

03/05/2024

The African Reinsurance Corporation (Africa Re), a foremost in the sector, is organising the 171st in on Monday, 6th of May 2024. This significant event underscores Africa Re’s dedication to the advancement of the and reinsurance industry across the continent.

The African Reinsurance Corporation (Africa Re), a foremost leader in the reinsurance sector, is organising the 171st Board Meeting in Mauritius on Monday, 6th of May 2024. This significant event underscores Africa Re's dedication to the advancement of the insurance and reinsurance industry across t...

02/05/2024

Mike V. Purmah, COO of Activity Licences at Credentia International Management Ltd, emphasizes the importance of aligning with standards and enhancing services provided by the company. His focus on fine-tuning operations within Activity entities ensures clarity for all team members, guaranteeing premium service delivery to clients, , service providers, , and local . https://bit.ly/3UybiOp Cyberati Digital

26/04/2024

Ranjana Gujadhur, Chief Compliance Officer at Credentia International Management Ltd, emphasises the importance of expert guidance in the complex world of ... https://bit.ly/3UybiOp Cyberati Digital

26/04/2024

Christian Nanon, Group Head of and at Harel Mallac Group, highlights the imperative for to embrace a comprehensive for sustainability that leads to impact and value creation. He provides insight into the Harel Mallac Group’s progressive journey of embedding sustainability into the heart of its operations.

Uncover Christian Nanon's into fostering impactful sustainability strategies for businesses... https://bit.ly/49SttTt