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
Mauritius Targets Real Investment Deals After U.S.-Africa Business Summit
Mauritius is pushing to convert the momentum generated by the U.S.-Africa Business Summit into tangible, on-the-ground investment across sev…
Mauritius SMEs Urged to Prepare Before US-Africa Business Summit
Mauritius's Minister of Small and Medium Enterprises (SMEs), Aadil Ameer Meea, has issued a pointed call to local small businesses ahead of …
World Bank Warns Mauritius Growth Model Is Running Out of Steam
The World Bank has raised a red flag over Mauritius's long-standing economic model, warning that it is showing clear signs of exhaustion, an…
Bank of Mauritius Sells $110 Million to Defend the Rupee in 2025
The Bank of Mauritius (BoM), the country's central bank, has sold $110 million on the foreign exchange market so far this year, according to…
MauBank Posts Rs 1.18 Billion Profit, Up 30% in Latest Results
MauBank, one of Mauritius's prominent commercial banks, has reported a net profit of Rs 1.18 billion, a rise of 30% compared to its previous…
Medine Group CEO Bets on AgriTech to Future-Proof Mauritius Farming
Heba Capdevila Jangeerkhan, the Chief Executive Officer of Medine Group, has made clear that agricultural technology is at the heart of the …
Mauritius CEB Forecasts Record Power Demand of 610 MW in Summer 2027
Mauritius's national power utility is bracing for a significant jump in electricity demand over the coming years, with the Central Electrici…
ACIM Calls for Profit Margin Controls After Mauritius Fuel Price Rise
The Association des Commerçants et Industriels de Maurice (ACIM), one of Mauritius's main retailers' and traders' associations, is calling o…
Mauritius Tightens Pesticide Rules With Four New Regulations
Mauritius is moving to tighten oversight of pesticides used in its agricultural sector, with four new regulations set to reinforce existing …
Mauritius Home & Garden Clearance Fair: Final Days to Grab a Deal
If you have been putting off a home renovation or garden makeover, the clock is ticking. The Grand Salon du Déstockage de la Maison et du Ja…
Concentrix Mauritius: Deal Reached for 300 Workers Facing Closure
A settlement has been reached between global business process outsourcing (BPO) company Concentrix and its approximately 300 employees in Ma…
Mauritius Financial Reporting Masterclass Set for 22 October
Two organisations focused on professional development are teaming up to raise the bar for financial reporting in Mauritius. Le Défi Training…
Mauritius Household Spending to Break Rs 600 Billion in 2025
Household spending in Mauritius is set to cross the Rs 600 billion mark in 2025, according to a report by Le Défi Media, a milestone that re…
Mauritius GDP Jumps Rs 58 Billion After Major Statistical Revamp
Mauritius's official measure of economic output has grown, on paper, by around Rs 58 billion, following a comprehensive overhaul of how the …
STC Mauritius Gets New Eight-Member Board, GM Suren Dayal Stays
The State Trading Corporation (STC), Mauritius's state-owned body responsible for importing and distributing essential commodities such as f…
Mauritius Revises 2023 GDP Upward by Rs 58 Billion in New Data
Mauritius has significantly revised its 2023 economic output figures upward, with Statistics Mauritius recalculating the country's Gross Dom…
STC to Receive 500 Tonnes of Ration Rice Within Days
The State Trading Corporation (STC) is expecting a delivery of 500 tonnes of ration rice to arrive in Mauritius by next week, according to a…
Mauritius Home & Garden Clearance Fair Returns to Trianon
Bargain hunters and home improvement enthusiasts in Mauritius have a reason to head to the west of the island, as the Grand Salon du Déstock…
PhoenixBev Appoints Claire Baissac as General Manager for Mauritius
PhoenixBev, one of Mauritius's leading beverages companies, has appointed Claire Baissac as its new General Manager for Mauritius, according…
Canned Tuna at Rs 10 in Mauritius: Minister Names the 5 Star Brand
When Mauritius announced a government subsidy on canned tuna earlier this year, social media lit up with excitement, and then quickly with d…
Oil Prices Tick Up as Iran Tensions and Supply Fears Grip Markets
Global oil prices rose modestly this week as financial markets assessed a combination of geopolitical pressures centred on Iran and mounting…
Mauritius GDP Grows 3% But Private Investment Drops 10% in Q2 2026
Mauritius recorded solid economic growth in the second quarter of 2026, but a striking drop in private investment has tempered the optimism,…
Greenhouse Tomatoes Double in Price Year-on-Year in Mauritius
Prices at Mauritius's main wholesale food market tell a tale of two timelines: short-term relief for shoppers, but a sobering long-term rise…
No Electricity Price Hike Planned, Says CEB Spokesperson
Mauritians worried about rising electricity bills can breathe a little easier, for now. The Central Electricity Board (CEB), the state-owned…
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.