Mauritius Business & Economy News
Track Mauritius's evolving economy with coverage of the Stock Exchange of Mauritius, banking, foreign investment, SME growth, budget updates, and the financial sectors driving the island's prosperity, from fintech and IFC developments to trade and industry.
296 Business stories · Updated continuously · MauritiusNews.com
Metro Express Counts Rs 45M Damage After Four-Day Shutdown
Mauritius's Metro Express light rail service has recorded Rs 45 million in physical damages and an additional Rs 6 million in lost ticket re…
Mauritius Riots Cost Businesses Up to Rs 470 Million in Losses
The umbrella body representing Mauritius's private sector, Business Mauritius, has estimated that the wave of vandalism and looting that str…
Mauritius Wholesale Market Changes Hours Amid Unrest
The National Wholesale Market at Five Ways, Belle-Rive, has been operating under temporary arrangements since Thursday 15 October, following…
Can Mauritius Build a New Economic Model for the Next 50 Years?
For half a century, Mauritius has been held up as one of Africa's most remarkable economic success stories. Starting from a narrow base buil…
Mauritius Curfew Slows Nightlife and Squeezes Local Economy
A curfew imposed across Mauritius has brought the island's normally vibrant nightlife to an abrupt halt, with bars, restaurants, entertainme…
Mauritius Economy: Thirty Years of Growth or Borrowed Time?
For three decades, Mauritius was held up as Africa's economic model: a small island nation that achieved prosperity without oil wealth, poli…
Mauritius Inflation Hits 5.7% as Cost of Living Anger Grows
The cost of living has emerged as a flashpoint in Mauritius, fuelling public frustration at a time when the island is already grappling with…
Mauritius Riots: Rs 22 Million Lost as Shops Burned and Looted
The wave of civil unrest that swept across Mauritius has left a trail of destruction through the island's retail and food sectors, with busi…
Nearly 17,450 Tonnes of Mauritius Sugarcane Burned in Three Days
Close to 17,450 tonnes of sugarcane have been destroyed by fire across Mauritius in the space of just three days, according to a report by L…
Mauritius Riots Leave Businesses Facing Millions in Losses
The wave of civil unrest that struck Mauritius in recent days has left businesses counting the cost, with commercial losses estimated at sev…
Mauritius Riots: The Hidden Cost to Tourism and Investors
Broken glass can be swept up. Roads can be cleared. But the deepest damage caused by the unrest gripping Mauritius is not measured in damage…
Oil Prices May Fall Sharply as World Bypasses Strait of Hormuz
For months, energy markets have been gripped by alarm over the conflict involving Iran and its potential to choke off one of the world's mos…
World Bank Shifts Focus to Jobs Over Climate in New Strategy
The World Bank, one of the world's most influential development finance institutions, is signalling a significant strategic pivot: jobs are …
El Niño, Energy and Fertilisers: Food Price Risks for Mauritius
Mauritius imports roughly 80 percent of its food, making it one of the most import-dependent economies in the Indian Ocean region. That vuln…
McDonald's Mauritius Counts Rs 5 Million in Riot Losses
McDonald's restaurants in Mauritius sustained an estimated Rs 5 million in losses following the wave of civil unrest that swept parts of the…
Mauritius Curfew Cuts Bus Passengers and Revenue by 50%
Mauritius's ongoing curfew has dealt a severe blow to the island's public bus network, with operators reporting losses of up to 50 percent i…
Mauritius Riots Leave Trail of Damage and Insurance Chaos
Mauritius is counting the cost of three days of violent unrest that erupted between Monday 12 and Wednesday 14 October, leaving a trail of d…
17,450 Tonnes of Sugarcane Destroyed in Mauritius Field Fires
Mauritius has lost 17,450 tonnes of sugarcane to field fires, according to figures cited by Arvin Boolell, a prominent opposition Member of …
Bank of Mauritius Sells $15 Million on Forex Market, 15 October
The Bank of Mauritius (BoM), the country's central bank, sold 15 million US dollars on the local foreign exchange market on 15 October, in w…
Oil Price Shock Cuts Mauritius Growth Forecast to 2.7% in 2026
The International Monetary Fund (IMF) has downgraded its economic growth forecast for Mauritius to 2.7% for 2026, down from 3.2% recorded in…
Mauritius Tax Deadline Extended: No Penalties Until 30 October
Mauritians who have not yet filed their income tax returns have been given a reprieve. The Mauritius Revenue Authority (MRA), the government…
IMF Cuts Mauritius Growth Forecast to 2.7% for 2026
The International Monetary Fund (IMF) has lowered its growth forecast for Mauritius to 2.7% for 2026, according to a report by Le Défi Media…
Riots in Mauritius: Who Pays for the Fires, Looting and Damage?
The wave of civil unrest that has gripped parts of Mauritius in recent days has left a trail of burned buildings, ransacked supermarkets, an…
Business Mauritius Urges Firms to Stay Open Thursday and Friday
Business Mauritius, the umbrella organisation representing the Mauritian private sector, has recommended that companies continue their opera…
Frequently Asked Questions
What drives the Mauritius economy?−
Mauritius has a diversified economy built on four main pillars: financial services (including IFC and banking), tourism, manufacturing (especially textiles), and a growing ICT/BPO sector. The country is consistently ranked among Africa's most competitive economies.
What is the Stock Exchange of Mauritius?−
The Stock Exchange of Mauritius (SEM) operates two markets: the Official Market and the Development & Enterprise Market (DEM). It lists over 90 companies and is one of Africa's leading exchanges, attracting significant international investment.
Is Mauritius a good place to do business?−
Mauritius ranks highly in African business environment indices, with a strong legal system, low corporate tax rate (15%), double taxation agreements with 46 countries, and a reputation as a gateway for investment into Africa and Asia.
What is the Mauritius International Financial Centre?−
The Mauritius IFC is a major financial hub managing over $700 billion in assets. It offers global business licences, fund management, banking, and insurance services, making it one of the world's top 10 offshore financial centres.