Banking/Finance
Mauritius clothing major CIEL Textiles sees first-half profits up 28%
For the six month period, the Knitwear cluster contributed the most across segments, with revenue of Rs 2.55 billion and profits of Rs 154.68 million. (Image: Reuters) Mauritius-based clothing major CIEL Textiles has seen group profits rise by 28% to Rs 275.84 million for the half year ended December 31, 2013, supported by improved performance…
Read MoreBOI Africa Partnership Conference calls for greater collaboration on investment promotion to boost African growth
The Board of Investment (BOI) kicked off its Africa Partnership Conference on 20 September, bringing together representatives of investment promotion agencies and industry representatives from Mauritius and Africa to discuss the opportunities and challenges of driving growth in Africa through greater collaboration on investment promotion. Two new MoUs were also signed between the BOI and…
Read MoreAnglo African Ventures the Fintech start-up investment division within Anglo African looks to invest in and establish strategic partnerships with Fintech start-ups whose technology can be sold into the company`s client base
A Difference of Approach – Corporate Incubator Models Who Can Ventures Learn From? Anglo African Ventures, the Fintech start-up investment division within Anglo African, looks to invest in and establish strategic partnerships with Fintech start-ups whose technology can be sold into the company`s client base. Why Africa? Africa is a continent that has embraced connectivity.…
Read MoreMauritius’ FSC suspends Belvedere Management licence upon non compliance
The Financial Services Commission (FSC) of Mauritius has suspended the management license of Belvedere Management Ltd upon noncompliance and this suspension follows action taken by the Financial Services Commission in Guernsey against funds managed by Lancelot Management.(Image: Moneyhub.co) The Financial Services Commission (FSC) of Mauritius has suspended the management license of Belvedere Management Ltd upon…
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